King Luther Capital Management Corp Acquires 426,300 Shares of Range Resources Corporation $RRC

Posted by George Bondi on May 27th, 2026

King Luther Capital Management Corp raised its holdings in shares of Range Resources Corporation (NYSE:RRC – Free Report) by 49.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 1,281,975 shares of the oil and gas exploration company’s stock after purchasing an additional 426,300 shares during the quarter. King Luther Capital Management Corp’s holdings in Range Resources were worth $45,202,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in RRC. Boston Partners lifted its position in shares of Range Resources by 59.3% during the third quarter. Boston Partners now owns 11,817,550 shares of the oil and gas exploration company’s stock worth $445,196,000 after purchasing an additional 4,398,042 shares during the last quarter. AQR Capital Management LLC lifted its position in shares of Range Resources by 517.6% during the third quarter. AQR Capital Management LLC now owns 2,440,277 shares of the oil and gas exploration company’s stock worth $91,852,000 after purchasing an additional 2,045,165 shares during the last quarter. Holocene Advisors LP bought a new stake in shares of Range Resources during the third quarter worth $66,560,000. UBS Group AG lifted its position in shares of Range Resources by 66.3% during the fourth quarter. UBS Group AG now owns 3,588,540 shares of the oil and gas exploration company’s stock worth $126,532,000 after purchasing an additional 1,430,477 shares during the last quarter. Finally, Assenagon Asset Management S.A. bought a new stake in shares of Range Resources during the fourth quarter worth $37,820,000. 98.93% of the stock is currently owned by institutional investors.

Insider Transactions at Range Resources

In other Range Resources news, Director Brenda A. Cline sold 7,000 shares of Range Resources stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $44.40, for a total value of $310,800.00. Following the transaction, the director owned 28,668 shares in the company, valued at $1,272,859.20. The trade was a 19.63% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. 1.10% of the stock is owned by company insiders.

Range Resources Stock Performance

RRC stock opened at $40.03 on Wednesday. The company has a debt-to-equity ratio of 0.18, a current ratio of 0.55 and a quick ratio of 0.55. The business has a 50-day moving average price of $42.91 and a 200 day moving average price of $39.28. The company has a market capitalization of $9.43 billion, a P/E ratio of 10.59 and a beta of 0.46. Range Resources Corporation has a 1-year low of $32.60 and a 1-year high of $48.31.

Range Resources (NYSE:RRC – Get Free Report) last released its quarterly earnings data on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.25 by $0.27. Range Resources had a return on equity of 18.64% and a net margin of 26.09%.The firm had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $898.20 million. During the same period in the previous year, the company posted $0.96 earnings per share. The firm’s quarterly revenue was up 49.8% on a year-over-year basis. As a group, equities research analysts forecast that Range Resources Corporation will post 3.75 EPS for the current fiscal year.

Analyst Ratings Changes

Several research firms recently weighed in on RRC. Freedom Capital upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Citigroup decreased their price objective on Range Resources from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Bank of America lifted their price objective on Range Resources from $38.00 to $44.00 and gave the company a “neutral” rating in a report on Tuesday, April 21st. TD Cowen lifted their price objective on Range Resources from $40.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, March 17th. Finally, Barclays lifted their price objective on Range Resources from $39.00 to $41.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Two research analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Range Resources presently has a consensus rating of “Hold” and a consensus target price of $44.00.

Read Our Latest Report on RRC

Range Resources Profile

(Free Report)

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.