BW Gestao de Investimentos Ltda. Sells 57,067 Shares of Range Resources Corporation $RRC

Posted by Brian Himes on Jun 3rd, 2026

BW Gestao de Investimentos Ltda. decreased its position in Range Resources Corporation (NYSE:RRC – Free Report) by 36.8% during the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 97,900 shares of the oil and gas exploration company’s stock after selling 57,067 shares during the period. BW Gestao de Investimentos Ltda.’s holdings in Range Resources were worth $3,452,000 as of its most recent filing with the SEC.

Other institutional investors have also recently bought and sold shares of the company. Smartleaf Asset Management LLC raised its stake in shares of Range Resources by 49.6% during the 3rd quarter. Smartleaf Asset Management LLC now owns 1,013 shares of the oil and gas exploration company’s stock worth $38,000 after purchasing an additional 336 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. bought a new stake in shares of Range Resources during the 4th quarter worth approximately $57,000. Basepoint Wealth LLC bought a new stake in shares of Range Resources during the 4th quarter worth approximately $61,000. International Assets Investment Management LLC bought a new stake in shares of Range Resources during the 4th quarter worth approximately $71,000. Finally, Clearstead Advisors LLC raised its stake in shares of Range Resources by 439.5% during the 3rd quarter. Clearstead Advisors LLC now owns 2,104 shares of the oil and gas exploration company’s stock worth $79,000 after purchasing an additional 1,714 shares in the last quarter. Institutional investors own 98.93% of the company’s stock.

Analyst Upgrades and Downgrades

RRC has been the topic of a number of analyst reports. Morgan Stanley upped their price objective on Range Resources from $49.00 to $50.00 and gave the stock an “equal weight” rating in a research note on Friday, May 22nd. Barclays upped their price objective on Range Resources from $39.00 to $41.00 and gave the stock an “equal weight” rating in a research note on Monday, March 16th. Freedom Capital upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, April 24th. TD Cowen boosted their target price on Range Resources from $40.00 to $45.00 and gave the stock a “hold” rating in a report on Tuesday, March 17th. Finally, Piper Sandler boosted their target price on Range Resources from $41.00 to $42.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. Two analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating, thirteen have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $44.00.

Read Our Latest Analysis on RRC

Range Resources Stock Performance

RRC opened at $39.62 on Wednesday. The firm has a market cap of $9.34 billion, a P/E ratio of 10.48 and a beta of 0.42. Range Resources Corporation has a 52-week low of $32.60 and a 52-week high of $48.31. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. The business’s fifty day moving average is $42.53 and its 200-day moving average is $39.33.

Range Resources (NYSE:RRC – Get Free Report) last released its earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.25 by $0.27. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $898.20 million. Range Resources had a return on equity of 18.64% and a net margin of 26.09%.Range Resources’s quarterly revenue was up 49.8% on a year-over-year basis. During the same period in the prior year, the firm posted $0.96 EPS. Sell-side analysts expect that Range Resources Corporation will post 3.7 EPS for the current fiscal year.

Range Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Stockholders of record on Friday, June 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date of this dividend is Friday, June 12th. Range Resources’s dividend payout ratio is 10.58%.

Insider Activity

In related news, Director Brenda A. Cline sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $44.40, for a total value of $310,800.00. Following the sale, the director directly owned 28,668 shares of the company’s stock, valued at $1,272,859.20. This trade represents a 19.63% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Company insiders own 1.10% of the company’s stock.

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.