Jupiter Topco LLC Purchases Shares of 244,627 Range Resources Corporation $RRC

Posted by Stanley Muller on Aug 31st, 2026

Jupiter Topco LLC purchased a new stake in shares of Range Resources Corporation (NYSE:RRC – Free Report) in the second quarter, according to the company in its most recent filing with the SEC. The firm purchased 244,627 shares of the oil and gas exploration company’s stock, valued at approximately $9,096,000. Jupiter Topco LLC owned about 0.10% of Range Resources at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently modified their holdings of the company. King Luther Capital Management Corp raised its position in shares of Range Resources by 49.8% during the 4th quarter. King Luther Capital Management Corp now owns 1,281,975 shares of the oil and gas exploration company’s stock valued at $45,202,000 after buying an additional 426,300 shares in the last quarter. Vanguard Group Inc. lifted its holdings in shares of Range Resources by 2.8% during the 4th quarter. Vanguard Group Inc. now owns 25,553,637 shares of the oil and gas exploration company’s stock worth $901,021,000 after acquiring an additional 701,751 shares during the last quarter. Life Cycle Investment Partners Ltd purchased a new position in Range Resources in the fourth quarter worth $21,129,000. Bank of Nova Scotia purchased a new position in Range Resources in the second quarter worth $2,220,000. Finally, Entropy Technologies LP increased its stake in Range Resources by 321.3% in the first quarter. Entropy Technologies LP now owns 52,114 shares of the oil and gas exploration company’s stock valued at $2,355,000 after acquiring an additional 39,745 shares during the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the company. UBS Group reaffirmed a “neutral” rating on shares of Range Resources in a research note on Thursday, August 13th. Zacks Research upgraded Range Resources from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 19th. Truist Financial decreased their price objective on Range Resources from $46.00 to $43.00 and set a “hold” rating on the stock in a report on Friday, July 10th. Morgan Stanley dropped their target price on Range Resources from $44.00 to $43.00 and set an “equal weight” rating for the company in a research report on Wednesday, August 19th. Finally, Barclays cut their target price on Range Resources from $43.00 to $40.00 and set an “equal weight” rating for the company in a research note on Monday, August 17th. One equities research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $43.75.

Get Our Latest Analysis on RRC

Insider Activity

In other news, Director Reginal Spiller sold 3,500 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $40.00, for a total value of $140,000.00. Following the transaction, the director owned 13,421 shares in the company, valued at approximately $536,840. This trade represents a 20.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 1.10% of the company’s stock.

Range Resources Stock Up 0.1%

RRC opened at $41.52 on Monday. Range Resources Corporation has a 12 month low of $32.68 and a 12 month high of $48.31. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 0.18. The business’s 50-day moving average price is $38.55 and its 200-day moving average price is $40.28. The company has a market cap of $9.70 billion, a P/E ratio of 11.47 and a beta of 0.42.

Range Resources (NYSE:RRC – Get Free Report) last issued its earnings results on Tuesday, July 21st. The oil and gas exploration company reported $0.79 earnings per share for the quarter, beating the consensus estimate of $0.66 by $0.13. Range Resources had a return on equity of 18.63% and a net margin of 25.04%.The company had revenue of $759.58 million during the quarter, compared to analysts’ expectations of $744.78 million. During the same period in the prior year, the business posted $0.66 EPS. Range Resources’s quarterly revenue was down 2.7% compared to the same quarter last year. On average, equities analysts expect that Range Resources Corporation will post 3.62 EPS for the current year.

Range Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, September 25th. Stockholders of record on Friday, September 11th will be paid a dividend of $0.10 per share. This represents a $0.40 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, September 11th. Range Resources’s dividend payout ratio is 11.05%.

About Range Resources

(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.