337,516 Shares in Range Resources Corporation $RRC Purchased by Legal & General Group Plc

Posted by Brian Himes on Sep 1st, 2026

Legal & General Group Plc acquired a new stake in Range Resources Corporation (NYSE:RRC – Free Report) in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 337,516 shares of the oil and gas exploration company’s stock, valued at approximately $12,552,000.

Other hedge funds also recently added to or reduced their stakes in the company. Seelaus Asset Management LLC boosted its position in Range Resources by 2.6% in the 1st quarter. Seelaus Asset Management LLC now owns 9,745 shares of the oil and gas exploration company’s stock valued at $440,000 after buying an additional 250 shares during the period. Root Financial Partners LLC increased its position in shares of Range Resources by 37.8% during the first quarter. Root Financial Partners LLC now owns 1,006 shares of the oil and gas exploration company’s stock worth $45,000 after acquiring an additional 276 shares during the period. UMB Bank n.a. raised its stake in shares of Range Resources by 13.0% in the fourth quarter. UMB Bank n.a. now owns 2,431 shares of the oil and gas exploration company’s stock valued at $86,000 after acquiring an additional 279 shares in the last quarter. Harbor Investment Advisory LLC boosted its holdings in Range Resources by 0.9% in the first quarter. Harbor Investment Advisory LLC now owns 38,618 shares of the oil and gas exploration company’s stock valued at $1,745,000 after purchasing an additional 330 shares during the period. Finally, Fifth Third Wealth Advisors LLC grew its stake in Range Resources by 4.2% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 8,165 shares of the oil and gas exploration company’s stock worth $369,000 after purchasing an additional 332 shares in the last quarter. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In related news, Director Reginal Spiller sold 3,500 shares of the stock in a transaction dated Wednesday, August 5th. The shares were sold at an average price of $40.00, for a total transaction of $140,000.00. Following the completion of the transaction, the director directly owned 13,421 shares of the company’s stock, valued at $536,840. This represents a 20.68% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this link. 1.10% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

RRC has been the topic of several recent research reports. Weiss Ratings downgraded Range Resources from a “buy (b-)” rating to a “hold (c)” rating in a report on Thursday, July 23rd. Zacks Research upgraded Range Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Barclays lowered their price objective on Range Resources from $43.00 to $40.00 and set an “equal weight” rating for the company in a research report on Monday, August 17th. Citigroup reaffirmed a “neutral” rating on shares of Range Resources in a report on Thursday, July 23rd. Finally, Truist Financial decreased their price target on shares of Range Resources from $46.00 to $43.00 and set a “hold” rating for the company in a research note on Friday, July 10th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Range Resources currently has an average rating of “Hold” and an average target price of $43.75.

Read Our Latest Stock Analysis on Range Resources

Range Resources Stock Down 0.2%

Range Resources stock opened at $41.39 on Tuesday. 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 stock has a 50 day moving average of $38.65 and a two-hundred day moving average of $40.32. Range Resources Corporation has a twelve month low of $32.68 and a twelve month high of $48.31. The stock has a market capitalization of $9.67 billion, a price-to-earnings ratio of 11.43 and a beta of 0.42.

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

Range Resources Announces Dividend

The company also recently declared 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 is Friday, September 11th. Range Resources’s payout ratio is 11.05%.

Range Resources Company 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.