Leith Wheeler Investment Counsel Ltd. Has $8.39 Million Stake in Range Resources Corporation $RRC

Posted by Brian Himes on Jul 21st, 2026

Leith Wheeler Investment Counsel Ltd. raised its holdings in Range Resources Corporation (NYSE:RRC – Free Report) by 10.3% in the first quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 185,657 shares of the oil and gas exploration company’s stock after purchasing an additional 17,325 shares during the period. Leith Wheeler Investment Counsel Ltd.’s holdings in Range Resources were worth $8,388,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Los Angeles Capital Management LLC bought a new position in shares of Range Resources during the fourth quarter worth approximately $34,000. Root Financial Partners LLC boosted its stake in shares of Range Resources by 37.8% in the first quarter. Root Financial Partners LLC now owns 1,006 shares of the oil and gas exploration company’s stock valued at $45,000 after buying an additional 276 shares during the period. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of Range Resources in the fourth quarter valued at approximately $57,000. Basepoint Wealth LLC acquired a new stake in Range Resources during the fourth quarter worth approximately $61,000. Finally, International Assets Investment Management LLC acquired a new stake in Range Resources during the fourth quarter worth approximately $71,000. Institutional investors and hedge funds own 98.93% of the company’s stock.

Range Resources Stock Down 0.4%

Shares of RRC opened at $36.62 on Tuesday. Range Resources Corporation has a one year low of $32.60 and a one year high of $48.31. The company has a market cap of $8.63 billion, a P/E ratio of 9.69 and a beta of 0.41. 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 firm has a 50 day simple moving average of $38.47 and a two-hundred day simple moving average of $39.36.

Range Resources (NYSE:RRC – Get Free Report) last issued its earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates 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 for the quarter, compared to the consensus estimate of $898.20 million. During the same quarter last year, the business posted $0.96 EPS. The company’s revenue was up 49.8% compared to the same quarter last year. Research analysts forecast that Range Resources Corporation will post 3.46 EPS for the current fiscal year.

Range Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were given a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.1%. The ex-dividend date was Friday, June 12th. Range Resources’s dividend payout ratio is currently 10.58%.

Wall Street Analysts Forecast Growth

A number of equities analysts have commented on RRC shares. Truist Financial lowered their price objective on Range Resources from $46.00 to $43.00 and set a “hold” rating on the stock in a research note on Friday, July 10th. Bank of America increased their target price on Range Resources from $38.00 to $44.00 and gave the stock a “neutral” rating in a report on Tuesday, April 21st. Stephens decreased their price target on Range Resources from $53.00 to $52.00 and set an “overweight” rating on the stock in a research report on Friday, July 10th. Morgan Stanley dropped their price target on Range Resources from $50.00 to $44.00 and set an “equal weight” rating for the company in a research note on Monday, June 29th. Finally, Citigroup cut their price objective on shares of Range Resources from $50.00 to $45.00 and set a “neutral” rating for the company in a research report on Tuesday, April 14th. One analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, thirteen have assigned a Hold rating and two have given a Sell rating to the company. Based on data from MarketBeat, Range Resources currently has an average rating of “Hold” and an average price target of $43.00.

Get Our Latest Stock Report on Range Resources

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.

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Institutional Ownership by Quarter for Range Resources (NYSE:RRC)

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