EOG Resources, Inc. $EOG Shares Purchased by Vestmark Advisory Solutions Inc.

Vestmark Advisory Solutions Inc. lifted its position in EOG Resources, Inc. (NYSE:EOG) by 54.3% during the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,096 shares of the energy exploration company’s stock after buying an additional 1,089 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in EOG Resources were worth $370,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. StrongBox Wealth LLC boosted its holdings in EOG Resources by 1.9% in the second quarter. StrongBox Wealth LLC now owns 4,817 shares of the energy exploration company’s stock valued at $576,000 after purchasing an additional 88 shares during the period. ORG Partners LLC lifted its stake in EOG Resources by 45.1% during the second quarter. ORG Partners LLC now owns 283 shares of the energy exploration company’s stock worth $34,000 after purchasing an additional 88 shares during the last quarter. Ameriflex Group Inc. increased its stake in EOG Resources by 31.6% in the second quarter. Ameriflex Group Inc. now owns 379 shares of the energy exploration company’s stock valued at $46,000 after purchasing an additional 91 shares during the last quarter. Granite Harbor Advisors Inc. lifted its position in EOG Resources by 3.2% in the first quarter. Granite Harbor Advisors Inc. now owns 3,034 shares of the energy exploration company’s stock valued at $389,000 after purchasing an additional 94 shares during the period. Finally, Sigma Planning Corp boosted its holdings in EOG Resources by 1.6% in the 1st quarter. Sigma Planning Corp now owns 6,259 shares of the energy exploration company’s stock valued at $803,000 after purchasing an additional 97 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

EOG has been the subject of several recent analyst reports. UBS Group raised their price target on EOG Resources from $142.00 to $144.00 and gave the company a “buy” rating in a report on Wednesday, August 20th. JPMorgan Chase & Co. decreased their target price on shares of EOG Resources from $132.00 to $131.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 1st. Raymond James Financial raised their price objective on shares of EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 22nd. Wolfe Research lowered their target price on shares of EOG Resources from $139.00 to $138.00 and set an “outperform” rating on the stock in a research report on Wednesday, October 1st. Finally, Royal Bank Of Canada boosted their price target on EOG Resources from $140.00 to $145.00 and gave the stock an “outperform” rating in a research note on Tuesday, October 7th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fifteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average target price of $140.72.

EOG Resources Price Performance

Shares of NYSE EOG opened at $109.67 on Thursday. The business’s fifty day moving average price is $111.41 and its two-hundred day moving average price is $115.50. The firm has a market capitalization of $59.88 billion, a PE ratio of 10.65, a P/E/G ratio of 8.20 and a beta of 0.72. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.79 and a quick ratio of 1.61. EOG Resources, Inc. has a 1-year low of $102.52 and a 1-year high of $138.18.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.42 by $0.29. EOG Resources had a net margin of 25.25% and a return on equity of 20.51%. The company had revenue of $5.85 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same quarter in the previous year, the company posted $2.89 EPS. The business’s revenue was down 2.0% compared to the same quarter last year. On average, research analysts expect that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be given a $1.02 dividend. The ex-dividend date is Friday, January 16th. This represents a $4.08 dividend on an annualized basis and a yield of 3.7%. EOG Resources’s dividend payout ratio is presently 40.64%.

About EOG Resources

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.