Dearborn Partners LLC lowered its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 17.6% in the fourth quarter, according to its most recent 13F filing with the SEC. The firm owned 127,514 shares of the energy exploration company’s stock after selling 27,265 shares during the quarter. Dearborn Partners LLC’s holdings in EOG Resources were worth $13,390,000 as of its most recent filing with the SEC.
A number of other institutional investors have also modified their holdings of the company. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources during the 4th quarter worth about $30,000. Havemeyer Place LP purchased a new stake in shares of EOG Resources during the 4th quarter worth about $1,084,000. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of EOG Resources by 10.9% during the 4th quarter. BI Asset Management Fondsmaeglerselskab A S now owns 72,989 shares of the energy exploration company’s stock worth $7,665,000 after purchasing an additional 7,169 shares during the period. Argonautica Private Wealth Management Inc. grew its holdings in shares of EOG Resources by 40.8% during the 4th quarter. Argonautica Private Wealth Management Inc. now owns 7,559 shares of the energy exploration company’s stock worth $794,000 after purchasing an additional 2,189 shares during the period. Finally, Pinebridge Investments LLC purchased a new stake in shares of EOG Resources during the 4th quarter worth about $2,712,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.
EOG Resources Trading Down 2.2%
EOG opened at $137.72 on Friday. The stock has a market capitalization of $73.35 billion, a PE ratio of 13.55 and a beta of 0.25. The firm’s fifty day moving average price is $137.86 and its 200 day moving average price is $122.81. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87.
EOG Resources Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 3.0%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio is currently 40.16%.
Analysts Set New Price Targets
A number of brokerages have recently issued reports on EOG. Zacks Research cut EOG Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, May 27th. Williams Trading set a $177.00 price target on EOG Resources in a research report on Monday, April 20th. JPMorgan Chase & Co. boosted their price target on EOG Resources from $145.00 to $148.00 in a research report on Thursday, May 7th. UBS Group boosted their price target on EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Finally, Wells Fargo & Company set a $196.00 price target on EOG Resources and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have given a Hold rating to the company’s stock. According to data from MarketBeat.com, EOG Resources currently has a consensus rating of “Moderate Buy” and an average price target of $156.32.
Read Our Latest Stock Report on EOG Resources
Insider Activity at EOG Resources
In related news, COO Jeffrey R. Leitzell sold 5,698 shares of the company’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $13,234,924.40. This represents a 6.08% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last three months, insiders have sold 12,456 shares of company stock worth $1,788,033. Corporate insiders own 0.14% of the company’s stock.
Key EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: KeyCorp raised its earnings estimates for EOG’s 2026 quarters and full-year 2026 EPS, which suggests stronger near-term profitability than previously expected.
- Positive Sentiment: Zacks Research also lifted its estimates for late-2027, 2028, and FY2028 earnings, indicating analysts see durable long-term earnings power for EOG.
- Positive Sentiment: EOG reiterated its plan to return at least 70% of annual net cash flow after capex to shareholders through dividends and buybacks, a shareholder-friendly policy that can support the stock. Article: Should EOG’s 70% Cash-Return Pledge Guide Capital Allocation Decisions for EOG (EOG) Investors?
- Neutral Sentiment: The company reported Q1 2026 adjusted EPS of $3.41, supported by higher production and strong cash flow, and said it will keep 2026 spending steady while shifting more capital toward liquids. Article: Should EOG’s 70% Cash-Return Pledge Guide Capital Allocation Decisions for EOG (EOG) Investors?
- Neutral Sentiment: Separately, Zacks highlighted EOG as a strong momentum stock, which may reinforce positive sentiment but does not appear to be a company-specific catalyst by itself. Article: Here’s Why EOG Resources (EOG) is a Strong Momentum Stock
About EOG Resources
EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).
As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.
See Also
- Five stocks we like better than EOG Resources
- Samsara Just Answered The AI Question—Is Wall Street Ready To Listen?
- IREN’s 800MW Bet Flips the AI Power Switch
- CrowdStrike Earnings Beat Sparks Selloff—Buy the Dip?
- Tesla’s EV Rebound Leaves Rivian and Lucid Facing a Tougher Investor Test
Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources, Inc. (NYSE:EOG – Free Report).
Receive News & Ratings for EOG Resources Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources and related companies with MarketBeat.com's FREE daily email newsletter.
