Vontobel Holding Ltd. Purchases 12,800 Shares of EOG Resources, Inc. $EOG

Vontobel Holding Ltd. increased its position in shares of EOG Resources, Inc. (NYSE:EOG) by 17.4% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 86,390 shares of the energy exploration company’s stock after buying an additional 12,800 shares during the quarter. Vontobel Holding Ltd.’s holdings in EOG Resources were worth $9,686,000 as of its most recent SEC filing.

Several other institutional investors have also recently bought and sold shares of EOG. Northwestern Mutual Wealth Management Co. boosted its holdings in EOG Resources by 31.8% during the first quarter. Northwestern Mutual Wealth Management Co. now owns 56,740 shares of the energy exploration company’s stock worth $7,276,000 after purchasing an additional 13,702 shares during the last quarter. Jump Financial LLC bought a new stake in EOG Resources during the 1st quarter worth about $2,796,000. FORA Capital LLC acquired a new position in shares of EOG Resources during the 1st quarter worth about $472,000. Ieq Capital LLC grew its holdings in shares of EOG Resources by 1.3% in the 1st quarter. Ieq Capital LLC now owns 36,051 shares of the energy exploration company’s stock valued at $4,623,000 after acquiring an additional 471 shares in the last quarter. Finally, CreativeOne Wealth LLC increased its position in shares of EOG Resources by 17.0% in the first quarter. CreativeOne Wealth LLC now owns 13,541 shares of the energy exploration company’s stock valued at $1,736,000 after acquiring an additional 1,964 shares during the last quarter. Institutional investors own 89.91% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently commented on the company. Scotiabank reissued a “sector perform” rating and set a $130.00 price target on shares of EOG Resources in a research report on Friday, September 26th. Sanford C. Bernstein cut their price objective on EOG Resources from $146.00 to $144.00 and set a “market perform” rating for the company in a report on Friday, November 21st. Weiss Ratings reissued a “hold (c)” rating on shares of EOG Resources in a research note on Wednesday, October 8th. Mizuho set a $134.00 price target on shares of EOG Resources and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, KeyCorp cut their price target on shares of EOG Resources from $140.00 to $138.00 and set an “overweight” rating for the company in a research note on Wednesday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seventeen have given a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $138.93.

EOG Resources Trading Down 0.1%

EOG stock opened at $103.86 on Thursday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43. The company has a fifty day moving average price of $106.99 and a two-hundred day moving average price of $114.59. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $138.18. The stock has a market cap of $56.35 billion, a price-to-earnings ratio of 10.34, a price-to-earnings-growth ratio of 7.87 and a beta of 0.49.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share for the quarter, beating the consensus estimate of $2.42 by $0.29. The company had revenue of $5.85 billion for the quarter, compared to analyst estimates of $5.48 billion. EOG Resources had a net margin of 24.49% and a return on equity of 19.80%. The company’s revenue was down 2.0% on a year-over-year basis. During the same period in the prior year, the firm earned $2.89 earnings per share. Equities analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a dividend of $1.02 per share. The ex-dividend date is Friday, January 16th. This represents a $4.08 annualized dividend and a yield of 3.9%. EOG Resources’s dividend payout ratio (DPR) is 40.64%.

EOG Resources 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.