Lido Advisors LLC cut its position in EOG Resources, Inc. (NYSE:EOG – Free Report) by 18.1% in the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 18,561 shares of the energy exploration company’s stock after selling 4,095 shares during the period. Lido Advisors LLC’s holdings in EOG Resources were worth $2,684,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Other institutional investors and hedge funds have also recently modified their holdings of the company. Concurrent Investment Advisors LLC boosted its position in shares of EOG Resources by 66.4% during the fourth quarter. Concurrent Investment Advisors LLC now owns 19,745 shares of the energy exploration company’s stock worth $2,073,000 after acquiring an additional 7,877 shares during the last quarter. Ilmarinen Mutual Pension Insurance Co lifted its stake in EOG Resources by 39.2% in the 4th quarter. Ilmarinen Mutual Pension Insurance Co now owns 87,000 shares of the energy exploration company’s stock worth $9,136,000 after purchasing an additional 24,500 shares in the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. lifted its stake in EOG Resources by 2.2% in the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,150,840 shares of the energy exploration company’s stock worth $123,451,000 after purchasing an additional 24,984 shares in the last quarter. Cumberland Partners Ltd boosted its holdings in shares of EOG Resources by 432.0% during the 4th quarter. Cumberland Partners Ltd now owns 15,470 shares of the energy exploration company’s stock valued at $1,625,000 after purchasing an additional 12,562 shares during the last quarter. Finally, Nomura Asset Management Co. Ltd. boosted its holdings in shares of EOG Resources by 8.8% during the 4th quarter. Nomura Asset Management Co. Ltd. now owns 309,888 shares of the energy exploration company’s stock valued at $32,541,000 after purchasing an additional 24,960 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.
EOG Resources Stock Performance
NYSE EOG opened at $146.62 on Friday. The company has a market cap of $78.09 billion, a P/E ratio of 14.43 and a beta of 0.25. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. The business’s 50 day moving average price is $136.76 and its 200-day moving average price is $129.90. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87.
EOG Resources Announces Dividend
The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a $1.02 dividend. The ex-dividend date of this dividend is Friday, July 17th. This represents a $4.08 annualized dividend and a dividend yield of 2.8%. EOG Resources’s dividend payout ratio is currently 40.16%.
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate to $4.80 from $4.67, signaling improved expectations for near-term profitability.
- Positive Sentiment: The firm also increased its Q4 2026 EPS estimate to $3.50 from $3.36 and lifted its Q1 2028 and FY2028 EPS forecasts, which suggests a somewhat better longer-term earnings outlook.
- Neutral Sentiment: Zacks Research kept a Hold rating on EOG, so the updates were not an outright bullish recommendation despite the higher estimates.
- Negative Sentiment: Some forecasts were reduced, including Q3 2026 EPS, Q1 2027 EPS, Q2 2027 EPS, FY2026 EPS and FY2027 EPS, which could temper enthusiasm about future earnings growth.
Wall Street Analyst Weigh In
A number of research firms recently commented on EOG. Capital One Financial decreased their target price on EOG Resources from $161.00 to $159.00 and set an “overweight” rating on the stock in a research report on Wednesday, June 3rd. Scotiabank upped their price target on shares of EOG Resources from $123.00 to $139.00 and gave the company a “sector perform” rating in a research note on Wednesday, April 22nd. Jefferies Financial Group reiterated a “buy” rating and set a $175.00 price objective (up from $170.00) on shares of EOG Resources in a research report on Thursday, July 2nd. Wolfe Research boosted their target price on shares of EOG Resources from $152.00 to $154.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Finally, Zacks Research cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating and sixteen have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $155.32.
Check Out Our Latest Analysis on EOG
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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