Kerusso Capital Management LLC increased its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 78.7% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 37,215 shares of the energy exploration company’s stock after acquiring an additional 16,388 shares during the period. EOG Resources comprises 1.8% of Kerusso Capital Management LLC’s holdings, making the stock its 28th largest holding. Kerusso Capital Management LLC’s holdings in EOG Resources were worth $3,908,000 at the end of the most recent reporting period.
Several other large investors have also made changes to their positions in EOG. Capital World Investors boosted its position in shares of 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 in the last quarter. Qube Research & Technologies Ltd acquired a new stake in shares of EOG Resources during the 3rd quarter worth approximately $87,193,000. TD Asset Management Inc boosted its position in shares of 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 in the last quarter. Assenagon Asset Management S.A. boosted its position in shares of 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 in the last quarter. Finally, SG Americas Securities LLC boosted its position in shares of 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 in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.
Analyst Upgrades and Downgrades
Several analysts recently issued reports on EOG shares. Capital One Financial increased their price target on shares of EOG Resources from $130.00 to $161.00 and gave the stock an “overweight” rating in a research report on Thursday, March 26th. Piper Sandler increased their price target on shares of EOG Resources from $144.00 to $147.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 1st. Stephens increased their price target on shares of EOG Resources from $139.00 to $170.00 and gave the stock an “equal weight” rating in a research report on Tuesday, March 31st. Morgan Stanley raised their target price on shares of EOG Resources from $128.00 to $155.00 and gave the company an “equal weight” rating in a research report on Friday, March 27th. Finally, UBS Group raised their target price on shares of EOG Resources from $141.00 to $149.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have assigned a Hold rating to the stock. Based on data from MarketBeat.com, EOG Resources currently has a consensus rating of “Hold” and a consensus target price of $153.68.
EOG Resources Stock Performance
Shares of EOG Resources stock opened at $133.91 on Friday. The firm has a market capitalization of $71.74 billion, a P/E ratio of 14.70, a P/E/G ratio of 2.65 and a beta of 0.32. The company’s 50 day moving average price is $133.44 and its two-hundred day moving average price is $116.70. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.
EOG Resources (NYSE:EOG – Get Free Report) last issued its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. The company had revenue of $5.64 billion for the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. EOG Resources’s revenue was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.74 earnings per share. On average, equities analysts forecast that EOG Resources, Inc. will post 13.45 earnings per share for the current fiscal year.
EOG Resources Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date is Thursday, April 16th. EOG Resources’s payout ratio is 44.79%.
Insiders Place Their Bets
In other news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last quarter, insiders have sold 18,230 shares of company stock worth $2,522,568. 0.14% of the stock is owned by company insiders.
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Susquehanna raised its price target to $162, signaling stronger upside expectations vs. current levels — a clear analyst-driven positive for the stock. Susquehanna Boosts EOG Resources Price Target
- Positive Sentiment: An American Banking News piece reports The Goldman Sachs Group forecasting strong price appreciation for EOG, which, if tied to upgraded models, could attract buying interest. Goldman Sachs Forecasts Strong Price Appreciation
- Positive Sentiment: Scotiabank raised its target from $123 to $139 and kept a “sector perform” rating — a modest lift to consensus valuation that supports near-term upside. Scotiabank Price Target Raise
- Positive Sentiment: Technical momentum has improved (RS rating jumped to 81), indicating relative strength versus peers and potentially drawing momentum-focused buyers. RS Rating Jump Report
- Neutral Sentiment: A Yahoo Finance valuation piece notes EOG is back in focus as Q1 earnings approach and highlights the company’s recent pattern of earnings beats — useful context but not a direct catalyst by itself. Yahoo Valuation Article
- Neutral Sentiment: Zacks published comparative and thematic pieces (Devon vs. EOG; energy stock picks) that frame EOG relative to peers — informative for allocation decisions but not an immediate share-mover. Zacks Devon vs EOG Zacks Energy Picks
- Negative Sentiment: Bernstein reiterated a “hold” on EOG, which suggests limited near-term upside from their view and may restrain investor enthusiasm. Bernstein Remains Hold
- Negative Sentiment: The Globe and Mail also reports Goldman Sachs “remains a hold” in another note — mixed messages across outlets may create short-term confusion about analyst conviction. Goldman Sachs Remains Hold
About EOG Resources
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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