Retirement Systems of Alabama Has $31.79 Million Position in Range Resources Corporation $RRC

Retirement Systems of Alabama boosted its holdings in shares of Range Resources Corporation (NYSE:RRC) by 37.6% during the 3rd quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 844,588 shares of the oil and gas exploration company’s stock after acquiring an additional 230,907 shares during the quarter. Retirement Systems of Alabama owned approximately 0.35% of Range Resources worth $31,790,000 at the end of the most recent reporting period.

Several other large investors also recently added to or reduced their stakes in the business. Empowered Funds LLC raised its holdings in shares of Range Resources by 2.1% during the 1st quarter. Empowered Funds LLC now owns 75,851 shares of the oil and gas exploration company’s stock valued at $3,029,000 after purchasing an additional 1,563 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in Range Resources by 1.9% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 466,796 shares of the oil and gas exploration company’s stock worth $18,639,000 after purchasing an additional 8,816 shares in the last quarter. Focus Partners Wealth acquired a new position in Range Resources during the first quarter worth $285,000. Wealth Enhancement Advisory Services LLC raised its holdings in Range Resources by 17.0% during the second quarter. Wealth Enhancement Advisory Services LLC now owns 21,103 shares of the oil and gas exploration company’s stock valued at $815,000 after buying an additional 3,068 shares in the last quarter. Finally, Farther Finance Advisors LLC raised its holdings in Range Resources by 116.0% during the second quarter. Farther Finance Advisors LLC now owns 4,094 shares of the oil and gas exploration company’s stock valued at $167,000 after buying an additional 2,199 shares in the last quarter. 98.93% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

RRC has been the subject of several recent analyst reports. Barclays upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, November 18th. JPMorgan Chase & Co. restated an “underweight” rating and issued a $39.00 target price (down from $44.00) on shares of Range Resources in a report on Monday, December 8th. Bank of America reiterated a “neutral” rating and set a $38.00 price target (down previously from $44.00) on shares of Range Resources in a report on Friday, January 16th. Piper Sandler dropped their price target on shares of Range Resources from $39.00 to $37.00 and set a “neutral” rating on the stock in a research report on Tuesday, November 18th. Finally, Zacks Research downgraded shares of Range Resources from a “hold” rating to a “strong sell” rating in a report on Wednesday, January 21st. One investment analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, thirteen have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat, Range Resources currently has an average rating of “Hold” and a consensus target price of $41.22.

More Range Resources News

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

• Neutral Sentiment: Article assessing valuation after recent share strength notes that RRC’s rally occurred with little fresh company news, raising questions about whether the move is driven by fundamentals or broader sector flows. Investors should watch valuation metrics and whether momentum is sustained. Assessing Range Resources (RRC) Valuation After Recent Share Price Strength Without Major News
• Neutral Sentiment: Analyst roundup coverage provides additional perspective on RRC relative to peers; this piece offers context but no single analyst action that would be an immediate catalyst. Use it to gauge consensus views and compare to other energy names. Analysts Offer Insights on Energy Companies: Amplitude Energy and Range Resources
• Negative Sentiment: Zacks Research downgraded RRC to a “Strong Sell” and lowered multiple EPS forecasts, signaling near-term earnings risk: Q4 2025 EPS cut to $0.65 (from $0.70), Q1 2026 to $0.81 (from $0.88), Q3 2026 to $0.60 (from $0.70), FY2025 to $2.72 (from $2.77) and FY2026 to $2.69 (from $2.82). The downgrade and revisions are the main near-term negative catalyst and could pressure the stock if others follow or if commodity/operational outlook weakens. Zacks Research (downgrade and estimate cuts)

Range Resources Stock Performance

Shares of NYSE RRC opened at $36.37 on Monday. The company has a quick ratio of 0.56, a current ratio of 0.56 and a debt-to-equity ratio of 0.29. The business’s 50 day moving average is $36.27 and its two-hundred day moving average is $36.16. The company has a market cap of $8.62 billion, a P/E ratio of 15.28, a P/E/G ratio of 0.36 and a beta of 0.51. Range Resources Corporation has a 12 month low of $30.32 and a 12 month high of $43.50.

Range Resources (NYSE:RRC) last posted its quarterly earnings data on Tuesday, October 28th. The oil and gas exploration company reported $0.57 earnings per share for the quarter, beating the consensus estimate of $0.54 by $0.03. Range Resources had a return on equity of 15.99% and a net margin of 19.64%.The company had revenue of $655.30 million during the quarter, compared to analysts’ expectations of $721.22 million. During the same period in the prior year, the business earned $0.48 earnings per share. Range Resources’s revenue for the quarter was up 21.7% compared to the same quarter last year. On average, equities analysts expect that Range Resources Corporation will post 2.02 EPS for the current year.

Range Resources Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were given a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, December 12th. Range Resources’s dividend payout ratio (DPR) is currently 15.13%.

About Range Resources

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.