GRIMES & Co WEALTH MANAGEMENT LLC Has $13.90 Million Stake in EOG Resources, Inc. $EOG

GRIMES & Co WEALTH MANAGEMENT LLC decreased its position in shares of EOG Resources, Inc. (NYSE:EOG) by 6.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 132,377 shares of the energy exploration company’s stock after selling 9,026 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in EOG Resources were worth $13,901,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently bought and sold shares of EOG. Capital World Investors lifted its position in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after acquiring an additional 782,426 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in EOG Resources during the 3rd quarter worth $87,193,000. TD Asset Management Inc lifted its position in EOG Resources by 288.1% during the 3rd quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock worth $100,065,000 after acquiring an additional 662,539 shares during the last quarter. Assenagon Asset Management S.A. lifted its position in EOG Resources by 140.6% during the 4th quarter. Assenagon Asset Management S.A. now owns 1,102,999 shares of the energy exploration company’s stock worth $115,826,000 after acquiring an additional 644,569 shares during the last quarter. Finally, SG Americas Securities LLC lifted its position in EOG Resources by 1,697.1% during the 4th quarter. SG Americas Securities LLC now owns 600,024 shares of the energy exploration company’s stock worth $63,009,000 after acquiring an additional 566,635 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Performance

NYSE EOG opened at $130.81 on Friday. The stock has a market cap of $70.07 billion, a P/E ratio of 12.87, a PEG ratio of 1.67 and a beta of 0.27. The company’s 50-day simple moving average is $135.67 and its 200 day simple moving average is $118.32. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The company has a quick ratio of 1.42, a current ratio of 1.72 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG) last posted its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The business had revenue of $6.92 billion for the quarter, compared to analysts’ expectations of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm’s revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.87 earnings per share. As a group, research analysts forecast that EOG Resources, Inc. will post 14.81 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Investors of record on Friday, July 17th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. EOG Resources’s payout ratio is presently 40.16%.

Wall Street Analysts Forecast Growth

EOG has been the subject of a number of research analyst reports. Roth Mkm reaffirmed a “neutral” rating and set a $136.00 price objective on shares of EOG Resources in a research report on Wednesday. DA Davidson upped their price objective on shares of EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a research report on Thursday. Truist Financial initiated coverage on shares of EOG Resources in a research report on Tuesday, March 24th. They set a “hold” rating and a $146.00 price objective for the company. Citigroup cut their price objective on shares of EOG Resources from $150.00 to $142.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. Finally, BMO Capital Markets upped their price objective on shares of EOG Resources from $140.00 to $160.00 and gave the company an “outperform” rating in a research report on Wednesday, April 1st. Two research analysts have rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $153.69.

Insider Transactions at EOG Resources

In related news, COO Jeffrey R. Leitzell sold 5,698 shares of the company’s stock in a transaction dated Tuesday, March 31st. The shares were sold at an average price of $150.32, for a total value of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares of the company’s stock, valued at $13,234,924.40. The trade was a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction dated Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders sold 18,230 shares of company stock worth $2,522,568. 0.14% of the stock is currently owned by insiders.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: EOG beat Q1 EPS and revenue estimates, delivered roughly $1.49B of free cash flow, and reiterated dividends plus opportunistic buybacks while guiding toward liquids-leaning production — a clear support for shareholder returns. EOG Q1 Earnings & Revenues Beat Estimates on Strong Output Growth
• Positive Sentiment: DA Davidson raised its price target to $153 and maintained a “buy” stance, signaling institutional confidence in EOG’s outlook and supporting upside expectations. DA Davidson Raises Price Target on EOG Resources to $153
• Positive Sentiment: Siebert Williams Shank & Co. initiated a buy on EOG, which can attract buying interest from investors tracking advisor moves. EOG Resources (EOG) Gets a Buy from Siebert Williams Shank & Co
• Positive Sentiment: Zacks added EOG to its Rank #1 (Strong Buy) income list, reinforcing the stock’s appeal to income-focused investors given the raised dividend and buyback activity. Best Income Stocks to Buy for May 6th
• Neutral Sentiment: Mizuho nudged its target higher to $149 but kept a “neutral” rating, suggesting it sees upside limited relative to peers despite the quarter. Mizuho Raises Price Target on EOG to $149
• Neutral Sentiment: Stephens slightly trimmed its price target to $167 (from $170), a modest adjustment that still implies material upside — mixed signal for momentum traders. Stephens Adjusts Price Target on EOG Resources to $167
• Neutral Sentiment: Scotiabank maintained a “hold” rating on EOG, indicating some brokers remain cautious despite the quarter. Scotiabank Keeps Their Hold Rating on EOG
• Negative Sentiment: TipRanks flagged rising 2026 capital expenditures as a risk to free cash flow and shareholder returns, a concern that could weigh on sentiment if capex growth persists. Rising Capex in 2026 Raises Free Cash Flow and Shareholder Return Risks
• Negative Sentiment: Some commentary noted a tepid outlook despite beats, and analysts highlighted the cautious elements of management guidance — a driver behind intraday selling pressure. EOG Beats Q1 Estimates But Tepid Outlook Weighs on Shares

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.