Range Resources Corporation $RRC Stake Trimmed by Mizuho Markets Cayman LP

Mizuho Markets Cayman LP lessened its stake in shares of Range Resources Corporation (NYSE:RRC) by 58.2% during the 1st quarter, Holdings Channel.com reports. The institutional investor owned 140,568 shares of the oil and gas exploration company’s stock after selling 195,795 shares during the quarter. Mizuho Markets Cayman LP’s holdings in Range Resources were worth $6,351,000 at the end of the most recent quarter.

A number of other hedge funds also recently bought and sold shares of RRC. Los Angeles Capital Management LLC purchased a new position in shares of Range Resources in the fourth quarter worth approximately $34,000. Root Financial Partners LLC lifted its position in shares of Range Resources by 37.8% in the 1st quarter. Root Financial Partners LLC now owns 1,006 shares of the oil and gas exploration company’s stock valued at $45,000 after acquiring an additional 276 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new stake in shares of Range Resources in the 4th quarter valued at approximately $57,000. Basepoint Wealth LLC acquired a new position in Range Resources in the 4th quarter worth approximately $61,000. Finally, International Assets Investment Management LLC acquired a new position in Range Resources in the 4th quarter worth approximately $71,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting Range Resources

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

• Positive Sentiment: Range Resources beat Q2 earnings and revenue estimates, reporting $0.79 EPS on $759.6 million in revenue, both above consensus, while also delivering higher output and stronger price realizations. Article Title
• Positive Sentiment: The company said it is targeting 2.5 Bcfe/d by year-end and outlined 2026 gas guidance of $0.35-$0.40/Mcf, signaling confidence in production growth and operational discipline. Article Title
• Positive Sentiment: Management highlighted record production and strategic execution on the Q2 earnings call, reinforcing the view that the business is benefiting from improved operating efficiency. Article Title
• Positive Sentiment: Investors may also be encouraged by the completion of Range Resources’ multi-year buyback program, which can support per-share value. Article Title
• Neutral Sentiment: Susquehanna lowered its price target on RRC to $41 from $45 and kept a neutral rating, which may temper enthusiasm but does not change the broader earnings-driven narrative. Article Title
• Negative Sentiment: Some coverage noted the stock fell after the earnings release, suggesting investors are still weighing strong fundamentals against execution and commodity-price risks. Article Title

Range Resources Stock Performance

Shares of RRC opened at $38.74 on Thursday. The company has a market capitalization of $9.13 billion, a PE ratio of 10.70 and a beta of 0.41. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. The company’s 50 day moving average price is $38.35 and its 200 day moving average price is $39.40. Range Resources Corporation has a 52 week low of $32.60 and a 52 week high of $48.31.

Range Resources (NYSE:RRC) last released its earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.65 by $0.14. The company had revenue of $759.58 million during the quarter, compared to the consensus estimate of $744.78 million. Range Resources had a net margin of 25.04% and a return on equity of 18.99%. The company’s revenue was down 2.7% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $0.66 EPS. Research analysts expect that Range Resources Corporation will post 3.46 EPS for the current fiscal year.

Range Resources Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Friday, June 26th. Stockholders of record on Friday, June 12th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. Range Resources’s dividend payout ratio is 10.58%.

Analyst Upgrades and Downgrades

Several analysts have issued reports on the stock. Stephens boosted their target price on shares of Range Resources from $52.00 to $53.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings cut Range Resources from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. The Goldman Sachs Group lowered their price target on Range Resources from $44.00 to $39.00 and set a “neutral” rating on the stock in a report on Tuesday, June 30th. UBS Group dropped their price target on Range Resources from $49.00 to $44.00 and set a “neutral” rating on the stock in a research report on Friday, July 10th. Finally, Freedom Capital raised Range Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. One investment analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have given a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average target price of $43.18.

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.