Ieq Capital LLC grew its position in EOG Resources, Inc. (NYSE:EOG – Free Report) by 118.4% in the 2nd quarter, Holdings Channel.com reports. The institutional investor owned 112,679 shares of the energy exploration company’s stock after acquiring an additional 61,096 shares during the period. Ieq Capital LLC’s holdings in EOG Resources were worth $14,618,000 at the end of the most recent quarter.
A number of other large investors have also made changes to their positions in EOG. SJS Investment Consulting Inc. raised its stake in EOG Resources by 225.5% during the 1st quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock worth $26,000 after buying an additional 124 shares during the period. Financial Life Planners acquired a new position in EOG Resources in the first quarter valued at about $30,000. Acumen Wealth Advisors LLC acquired a new position in EOG Resources in the fourth quarter valued at about $25,000. Prosperity Bancshares Inc bought a new stake in shares of EOG Resources in the fourth quarter worth about $26,000. Finally, Global Assets Advisory LLC bought a new stake in shares of EOG Resources in the first quarter worth about $37,000. Institutional investors own 89.91% of the company’s stock.
EOG Resources Stock Performance
EOG opened at $153.06 on Friday. The business’s 50-day moving average price is $138.75 and its two-hundred day moving average price is $135.00. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $153.67. The company has a market capitalization of $80.28 billion, a price-to-earnings ratio of 11.91, a P/E/G ratio of 0.57 and a beta of 0.25. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68.
EOG Resources Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be given a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Friday, October 16th. EOG Resources’s dividend payout ratio (DPR) is currently 31.75%.
Trending Headlines about EOG Resources
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 Upgrades and Downgrades
A number of equities research analysts have recently commented on EOG shares. Sanford C. Bernstein dropped their price target on EOG Resources from $167.00 to $155.00 and set a “market perform” rating on the stock in a research report on Wednesday, May 20th. Barclays set a $147.00 price objective on EOG Resources and gave the company an “equal weight” rating in a research report on Monday, August 17th. The Goldman Sachs Group lowered their target price on EOG Resources from $139.00 to $129.00 and set a “neutral” rating for the company in a research note on Tuesday, June 30th. Mizuho set a $157.00 target price on shares of EOG Resources and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Finally, Roth Capital reaffirmed a “neutral” rating and issued a $138.00 price target on shares of EOG Resources in a research note on Wednesday, August 5th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and seventeen have issued a Hold rating to the stock. According to MarketBeat, EOG Resources currently has an average rating of “Hold” and an average price target of $155.41.
Read Our Latest Research Report on EOG
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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