Edmond DE Rothschild Holding S.A. acquired a new position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) in the 2nd quarter, HoldingsChannel reports. The institutional investor acquired 5,540 shares of the energy exploration company’s stock, valued at approximately $719,000.
Several other large investors have also bought and sold shares of the business. BlackRock Inc. acquired a new position in EOG Resources during the second quarter worth about $5,905,587,000. Bank of New York Mellon Corp bought a new stake in shares of EOG Resources during the 2nd quarter valued at approximately $654,899,000. Deutsche Bank AG acquired a new position in EOG Resources during the 2nd quarter worth approximately $251,102,000. Mitsubishi UFJ Asset Management Co. Ltd. acquired a new position in EOG Resources during the 2nd quarter worth approximately $168,029,000. Finally, Arrowstreet Capital Limited Partnership lifted its stake in EOG Resources by 898.6% in the 1st quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock valued at $205,411,000 after purchasing an additional 1,278,555 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.
Analyst Upgrades and Downgrades
A number of analysts have weighed in on EOG shares. Zacks Research lowered shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Stephens lowered their price target on shares of EOG Resources from $170.00 to $167.00 in a report on Wednesday, May 6th. Morgan Stanley set a $157.00 price target on EOG Resources and gave the company an “equal weight” rating in a research note on Wednesday. Mizuho set a $157.00 price objective on EOG Resources and gave the company a “neutral” rating in a report on Wednesday, May 27th. Finally, JPMorgan Chase & Co. reduced their price objective on EOG Resources from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $155.41.
EOG Resources Stock Up 1.9%
NYSE:EOG opened at $152.33 on Friday. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $153.67. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The company has a market cap of $79.90 billion, a PE ratio of 11.85, a P/E/G ratio of 0.56 and a beta of 0.25. The firm’s 50 day simple moving average is $138.42 and its 200 day simple moving average is $134.87.
EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The firm had revenue of $8.62 billion during the quarter, compared to analysts’ expectations of $8.04 billion. During the same period in the prior year, the company posted $2.32 EPS. The company’s revenue was up 57.4% on a year-over-year basis. On average, research analysts anticipate that EOG Resources, Inc. will post 16.55 earnings per share for the current year.
EOG Resources Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. EOG Resources’s payout ratio is currently 31.75%.
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks raised its estimates for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, full-year 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, and full-year 2027 EPS to $14.03 from $13.05. The upward revisions suggest stronger expected near-term profitability and are the primary bullish catalyst. EOG Resources analyst estimates
- Positive Sentiment: Zacks also increased estimates for fourth-quarter 2026 EPS to $3.88, fourth-quarter 2027 EPS to $3.33, first-quarter 2028 EPS to $3.50, and full-year 2028 EPS to $13.18. These revisions indicate analysts continue to see support for EOG’s earnings outlook beyond 2026.
- Neutral Sentiment: Zacks maintained a “Hold” rating, tempering the impact of the higher forecasts. The current-year consensus EPS estimate remains $16.43, while the company’s latest reported quarter exceeded expectations and revenue increased sharply year over year.
- Negative Sentiment: Some longer-term estimates were reduced: second-quarter 2027 EPS fell to $3.26 from $3.33, and second-quarter 2028 EPS declined to $3.10 from $3.49. These cuts point to possible moderation in earnings growth later in the forecast period.
- Negative Sentiment: Higher Treasury yields—including the 30-year yield briefly reaching a 19-year high—could pressure income-oriented and valuation-sensitive energy stocks by making bonds more competitive and raising financing costs. Dividend Stocks Lost the Yield War But May Still Beat the Market
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.
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