Requisite Capital Management LLC Cuts Stake in Range Resources Corporation $RRC

Requisite Capital Management LLC lessened its holdings in Range Resources Corporation (NYSE:RRC) by 13.2% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 352,407 shares of the oil and gas exploration company’s stock after selling 53,825 shares during the quarter. Range Resources accounts for approximately 2.4% of Requisite Capital Management LLC’s investment portfolio, making the stock its 7th biggest holding. Requisite Capital Management LLC’s holdings in Range Resources were worth $12,426,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in RRC. Smartleaf Asset Management LLC lifted its position in shares of Range Resources by 49.6% in the third quarter. Smartleaf Asset Management LLC now owns 1,013 shares of the oil and gas exploration company’s stock worth $38,000 after purchasing an additional 336 shares in the last quarter. International Assets Investment Management LLC bought a new stake in shares of Range Resources in the fourth quarter worth $71,000. Clearstead Advisors LLC lifted its position in shares of Range Resources by 439.5% in the third quarter. Clearstead Advisors LLC now owns 2,104 shares of the oil and gas exploration company’s stock worth $79,000 after purchasing an additional 1,714 shares in the last quarter. Hantz Financial Services Inc. boosted its position in Range Resources by 206.4% during the third quarter. Hantz Financial Services Inc. now owns 2,301 shares of the oil and gas exploration company’s stock valued at $87,000 after purchasing an additional 1,550 shares during the last quarter. Finally, Toth Financial Advisory Corp boosted its position in Range Resources by 59.5% during the fourth quarter. Toth Financial Advisory Corp now owns 2,680 shares of the oil and gas exploration company’s stock valued at $94,000 after purchasing an additional 1,000 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.

Insider Transactions at Range Resources

In other Range Resources news, Director Brenda A. Cline sold 7,000 shares of the company’s stock in a transaction on Tuesday, April 7th. The shares were sold at an average price of $44.40, for a total value of $310,800.00. Following the transaction, the director directly owned 28,668 shares in the company, valued at $1,272,859.20. The trade was a 19.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Company insiders own 1.10% of the company’s stock.

Wall Street Analyst Weigh In

RRC has been the subject of several recent research reports. Truist Financial reduced their price target on Range Resources from $48.00 to $46.00 and set a “hold” rating for the company in a research report on Thursday, April 9th. Wells Fargo & Company increased their price target on Range Resources from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Thursday, February 26th. Barclays increased their price target on Range Resources from $39.00 to $41.00 and gave the company an “equal weight” rating in a research report on Monday, March 16th. Bank of America upped their price target on shares of Range Resources from $38.00 to $44.00 and gave the stock a “neutral” rating in a research report on Tuesday, April 21st. Finally, Stephens dropped their price target on shares of Range Resources from $55.00 to $54.00 and set an “overweight” rating on the stock in a research report on Tuesday, April 21st. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $43.41.

Key Range Resources News

Here are the key news stories impacting Range Resources this week:

• Positive Sentiment: Zacks Research raised its near-term earnings outlook for Range Resources, increasing estimates for Q2 2026, Q3 2026, Q4 2026, Q1 2027 and Q2 2027. Higher EPS forecasts can signal stronger expected profitability and support a higher valuation.
• Positive Sentiment: The firm also lifted its FY2026 and FY2027 earnings estimates, reinforcing the view that Range Resources may deliver better-than-expected results over the next couple of years. Zacks kept a Strong-Buy rating on the stock.
• Neutral Sentiment: Range Resources shareholders backed the board, executive pay package and auditor at the company’s annual meeting, reducing near-term governance uncertainty. Range Resources Shareholders Back Board, Pay and Auditor
• Neutral Sentiment: One note of caution: Zacks also trimmed some longer-dated 2027 estimates for select quarters, suggesting expectations are still mixed beyond the near term.

Range Resources Stock Performance

NYSE RRC opened at $42.42 on Monday. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.18. The firm’s fifty day moving average price is $42.97 and its two-hundred day moving average price is $39.02. Range Resources Corporation has a 1 year low of $32.60 and a 1 year high of $48.31. The firm has a market capitalization of $9.99 billion, a P/E ratio of 11.22 and a beta of 0.46.

Range Resources (NYSE:RRC) last posted its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.27. Range Resources had a net margin of 26.09% and a return on equity of 18.64%. The firm had revenue of $1.07 billion for the quarter, compared to analyst estimates of $898.20 million. During the same period in the prior year, the firm posted $0.96 earnings per share. The company’s quarterly revenue was up 49.8% compared to the same quarter last year. As a group, research analysts anticipate that Range Resources Corporation will post 3.75 EPS for the current year.

Range Resources Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Friday, March 27th. Shareholders of record on Friday, March 13th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a yield of 0.9%. This is an increase from Range Resources’s previous quarterly dividend of $0.09. The ex-dividend date of this dividend was Friday, March 13th. Range Resources’s payout ratio is currently 10.58%.

Range Resources Profile

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.