EOG Resources, Inc. $EOG Stock Holdings Reduced by Sumitomo Life Insurance Co.

Sumitomo Life Insurance Co. reduced its position in EOG Resources, Inc. (NYSE:EOG) by 31.0% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 15,259 shares of the energy exploration company’s stock after selling 6,870 shares during the period. Sumitomo Life Insurance Co.’s holdings in EOG Resources were worth $1,980,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the company. Acumen Wealth Advisors LLC bought a new stake in shares of EOG Resources in the 4th quarter valued at approximately $25,000. SJS Investment Consulting Inc. raised its position in EOG Resources by 225.5% during the first quarter. SJS Investment Consulting Inc. now owns 179 shares of the energy exploration company’s stock valued at $26,000 after acquiring an additional 124 shares in the last quarter. Prosperity Bancshares Inc acquired a new stake in EOG Resources in the fourth quarter valued at approximately $26,000. Nemes Rush Group LLC acquired a new stake in EOG Resources in the fourth quarter valued at approximately $30,000. Finally, Financial Life Planners bought a new stake in EOG Resources in the first quarter worth approximately $30,000. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources Price Performance

Shares of EOG Resources stock opened at $153.06 on Friday. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68. The firm has a fifty day moving average price of $138.75 and a two-hundred day moving average price of $135.00. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $153.67. The company has a market cap of $80.28 billion, a PE ratio of 11.91, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results 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 analyst estimates of $8.04 billion. EOG Resources had a return on equity of 23.44% and a net margin of 25.44%.The company’s quarterly revenue was up 57.4% compared to the same quarter last year. During the same period in the previous year, the company posted $2.32 earnings per share. Analysts expect that EOG Resources, Inc. will post 16.87 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be issued a dividend of $1.02 per share. 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 dividend payout ratio (DPR) is presently 31.75%.

EOG Resources News Summary

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

Wall Street Analyst Weigh In

Several brokerages have recently commented on EOG. Capital One Financial dropped their price target on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating on the stock in a research note on Wednesday, June 3rd. Freedom Capital cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a report on Wednesday, August 5th. Morgan Stanley set a $157.00 target price on shares of EOG Resources and gave the stock an “equal weight” rating in a research report on Wednesday. Jefferies Financial Group restated a “buy” rating and set a $175.00 target price (up from $170.00) on shares of EOG Resources in a report on Thursday, July 2nd. Finally, Susquehanna restated a “positive” rating and set a $170.00 target price (up from $166.00) on shares of EOG Resources in a report on Tuesday, July 21st. One 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. Based on data from MarketBeat, the company has an average rating of “Hold” and an average price target of $155.41.

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.