Northwestern Mutual Wealth Management Co. Increases Stock Holdings in EOG Resources, Inc. $EOG

Northwestern Mutual Wealth Management Co. increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 13.2% in the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 34,268 shares of the energy exploration company’s stock after buying an additional 4,006 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in EOG Resources were worth $4,446,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Cadence Wealth Management LLC boosted its holdings in EOG Resources by 63.1% during the 2nd quarter. Cadence Wealth Management LLC now owns 8,740 shares of the energy exploration company’s stock worth $1,134,000 after acquiring an additional 3,382 shares during the last quarter. Quantbot Technologies LP purchased a new stake in shares of EOG Resources in the second quarter valued at about $1,154,000. Varma Mutual Pension Insurance Co raised its holdings in shares of EOG Resources by 1.2% in the second quarter. Varma Mutual Pension Insurance Co now owns 154,192 shares of the energy exploration company’s stock valued at $20,003,000 after purchasing an additional 1,800 shares during the last quarter. X Square Capital LLC lifted its position in shares of EOG Resources by 3.4% during the second quarter. X Square Capital LLC now owns 5,325 shares of the energy exploration company’s stock valued at $691,000 after purchasing an additional 175 shares in the last quarter. Finally, Westpac Banking Corp lifted its position in shares of EOG Resources by 122.5% during the second quarter. Westpac Banking Corp now owns 5,304 shares of the energy exploration company’s stock valued at $688,000 after purchasing an additional 2,920 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources Stock Up 0.0%

EOG opened at $153.06 on Monday. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $153.67. The company’s 50-day moving average price is $138.75 and its two-hundred day moving average price is $135.19. The stock has a market cap of $80.28 billion, a price-to-earnings ratio of 11.91, a PEG ratio of 0.57 and a beta of 0.25. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.10. The company had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. EOG Resources’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.32 EPS. As a group, equities analysts expect that EOG Resources, Inc. will post 16.87 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 16th. EOG Resources’s dividend payout ratio (DPR) is currently 31.75%.

EOG Resources News Summary

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

• Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
• Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here’s Why EOG Resources Is a Strong Value Stock
• Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
• Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates

Analyst Upgrades and Downgrades

EOG has been the topic of several analyst reports. Weiss Ratings restated a “buy (b-)” rating on shares of EOG Resources in a report on Friday, August 7th. Susquehanna reiterated a “positive” rating and issued a $170.00 price objective (up from $166.00) on shares of EOG Resources in a research note on Tuesday, July 21st. Truist Financial lifted their target price on shares of EOG Resources from $134.00 to $153.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. The Goldman Sachs Group cut their target price on EOG Resources from $139.00 to $129.00 and set a “neutral” rating on the stock in a research note on Tuesday, June 30th. Finally, Morgan Stanley set a $157.00 target price on EOG Resources and gave the company an “equal weight” rating in a report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have given a Hold rating to the stock. Based on data from MarketBeat.com, EOG Resources currently has an average rating of “Hold” and an average price target of $155.41.

EOG Resources Company Profile

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.