Meiji Yasuda Asset Management Co Ltd. Increases Stock Position in EOG Resources, Inc. $EOG

Meiji Yasuda Asset Management Co Ltd. increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 14.5% in the 2nd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 74,755 shares of the energy exploration company’s stock after purchasing an additional 9,478 shares during the period. Meiji Yasuda Asset Management Co Ltd.’s holdings in EOG Resources were worth $9,698,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. lifted its holdings in shares of EOG Resources by 0.8% during the 4th quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares during the period. BlackRock Inc. purchased a new stake in EOG Resources during the second quarter valued at $5,905,587,000. State Street Corp lifted its holdings in EOG Resources by 0.3% in the fourth quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock valued at $3,209,365,000 after acquiring an additional 100,080 shares during the period. Charles Schwab Investment Management Inc. boosted its position in EOG Resources by 1.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock worth $2,099,028,000 after purchasing an additional 371,548 shares during the last quarter. Finally, Geode Capital Management LLC boosted its position in EOG Resources by 0.7% in the fourth quarter. Geode Capital Management LLC now owns 13,046,709 shares of the energy exploration company’s stock worth $1,364,309,000 after purchasing an additional 95,260 shares during the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

More EOG Resources News

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 Ratings Changes

Several equities analysts have recently weighed in on EOG shares. Zacks Research cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, May 27th. Barclays set a $147.00 price target on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Monday, August 17th. Capital One Financial cut their price objective on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating for the company in a research report on Wednesday, June 3rd. Citigroup decreased their target price on EOG Resources from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Finally, The Goldman Sachs Group decreased their price objective 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. One equities research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seventeen have assigned a Hold rating to the stock. Based on data from MarketBeat, EOG Resources presently has an average rating of “Hold” and a consensus price target of $155.41.

EOG Resources Stock Up 0.0%

Shares of EOG opened at $153.06 on Monday. The business’s 50 day moving average is $138.75 and its 200 day moving average is $135.19. The company has a current ratio of 1.85, a quick ratio of 1.68 and a debt-to-equity ratio of 0.25. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $153.67. The company has a market capitalization of $80.28 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.57 and a beta of 0.25.

EOG Resources (NYSE:EOG) last released its quarterly earnings data 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. The firm had revenue of $8.62 billion for the quarter, compared to analysts’ expectations of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company’s revenue for the quarter was up 57.4% compared to the same quarter last year. During the same quarter last year, the business posted $2.32 earnings per share. Research analysts expect that EOG Resources, Inc. will post 16.87 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

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

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.