King Luther Capital Management Corp Buys 169,337 Shares of Range Resources Corporation $RRC

Posted by Brenda Bartman on Nov 12th, 2026

King Luther Capital Management Corp increased its position in shares of Range Resources Corporation (NYSE:RRC – Free Report) by 14.1% during the 3rd quarter, HoldingsChannel reports. The fund owned 1,370,111 shares of the oil and gas exploration company’s stock after acquiring an additional 169,337 shares during the quarter. King Luther Capital Management Corp’s holdings in Range Resources were worth $50,749,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of RRC. BlackRock Inc. acquired a new stake in Range Resources during the second quarter worth about $868,085,000. Dimensional Fund Advisors LP boosted its holdings in Range Resources by 2.5% in the 1st quarter. Dimensional Fund Advisors LP now owns 9,192,740 shares of the oil and gas exploration company’s stock valued at $415,354,000 after purchasing an additional 227,711 shares during the last quarter. Canoe Financial LP boosted its holdings in Range Resources by 19.3% in the 3rd quarter. Canoe Financial LP now owns 3,953,091 shares of the oil and gas exploration company’s stock valued at $148,403,000 after purchasing an additional 639,200 shares during the last quarter. Goehring & Rozencwajg Associates LLC boosted its holdings in Range Resources by 35.9% in the 1st quarter. Goehring & Rozencwajg Associates LLC now owns 2,721,749 shares of the oil and gas exploration company’s stock valued at $122,969,000 after purchasing an additional 718,648 shares during the last quarter. Finally, Bank of New York Mellon Corp boosted its holdings in Range Resources by 1.1% in the 1st quarter. Bank of New York Mellon Corp now owns 1,962,499 shares of the oil and gas exploration company’s stock valued at $88,666,000 after purchasing an additional 22,278 shares during the last quarter. Hedge funds and other institutional investors own 98.93% of the company’s stock.

Range Resources Trading Up 1.5%

NYSE RRC opened at $51.97 on Thursday. The firm’s 50-day moving average is $43.77 and its two-hundred day moving average is $40.98. Range Resources Corporation has a 12 month low of $32.68 and a 12 month high of $56.90. The company has a debt-to-equity ratio of 0.16, a current ratio of 0.74 and a quick ratio of 0.74. The stock has a market capitalization of $12.14 billion, a P/E ratio of 13.78 and a beta of 0.64.

Range Resources (NYSE:RRC – Get Free Report) last announced its earnings results on Tuesday, October 27th. The oil and gas exploration company reported $0.81 earnings per share for the quarter, topping the consensus estimate of $0.75 by $0.06. Range Resources had a net margin of 25.25% and a return on equity of 19.15%. The company had revenue of $842.83 million during the quarter, compared to analyst estimates of $795.19 million. During the same quarter last year, the firm posted $0.57 earnings per share. Range Resources’s revenue was up 12.6% compared to the same quarter last year. On average, sell-side analysts anticipate that Range Resources Corporation will post 3.85 earnings per share for the current year.

Range Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Friday, September 25th. Stockholders of record on Friday, September 11th were issued a $0.10 dividend. This represents a $0.40 annualized dividend and a dividend yield of 0.8%. The ex-dividend date was Friday, September 11th. Range Resources’s dividend payout ratio is currently 10.61%.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the stock. Weiss Ratings cut shares of Range Resources from a “hold (c+)” rating to a “hold (c)” rating in a research note on Friday, October 30th. Citigroup reiterated a “neutral” rating on shares of Range Resources in a report on Thursday, July 23rd. Stifel Nicolaus assumed coverage on Range Resources in a research report on Thursday, September 10th. They issued a “hold” rating and a $46.00 price objective for the company. Zacks Research raised Range Resources from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 19th. Finally, Truist Financial raised their target price on Range Resources from $43.00 to $51.00 and gave the stock a “hold” rating in a research note on Monday, November 2nd. One research analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, nineteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $46.22.

Get Our Latest Analysis on Range Resources

Range Resources Profile

(Free Report)

Range Resources Corporation is an independent energy company focused on exploring for, developing and producing natural gas, natural gas liquids and crude oil. Its operations are concentrated in the Appalachian Basin, particularly the Marcellus Shale in southwestern Pennsylvania. The company also markets and sells its production to customers in the energy and industrial sectors. Range Resources has played a significant role in developing the Marcellus Shale, a major natural gas-producing formation in the United States.