EOG Resources, Inc. $EOG Stock: Pictet Asset Management Holding SA Lowers Position

Posted by Francis Steltz on Nov 12th, 2026

Pictet Asset Management Holding SA decreased its holdings in EOG Resources, Inc. (NYSE:EOG – Free Report) by 3.7% in the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 194,475 shares of the energy exploration company’s stock after selling 7,495 shares during the period. Pictet Asset Management Holding SA’s holdings in EOG Resources were worth $26,791,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Byrne Asset Management LLC lifted its holdings in EOG Resources by 469.4% in the 3rd quarter. Byrne Asset Management LLC now owns 205 shares of the energy exploration company’s stock worth $29,000 after purchasing an additional 169 shares in the last quarter. Wedbush Fund Advisers LLC purchased a new stake in EOG Resources during the 2nd quarter valued at approximately $31,000. Global Assets Advisory LLC purchased a new stake in EOG Resources during the 1st quarter valued at approximately $37,000. Main Street Group LTD bought a new stake in shares of EOG Resources during the first quarter valued at approximately $38,000. Finally, Pingora Partners LLC bought a new stake in shares of EOG Resources during the second quarter valued at approximately $38,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.

Insider Activity at EOG Resources

In related news, CEO Ezra Y. Yacob sold 35,942 shares of the company’s stock in a transaction on Monday, August 24th. The shares were sold at an average price of $152.10, for a total transaction of $5,466,778.20. Following the sale, the chief executive officer owned 242,451 shares of the company’s stock, valued at $36,876,797.10. This represents a 12.91% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, EVP Michael P. Donaldson sold 7,336 shares of the stock in a transaction on Friday, September 11th. The shares were sold at an average price of $148.00, for a total transaction of $1,085,728.00. Following the transaction, the executive vice president owned 100,558 shares of the company’s stock, valued at $14,882,584. This trade represents a 6.80% decrease in their position. The SEC filing for this sale provides additional information. Over the last ninety days, insiders sold 52,317 shares of company stock valued at $7,823,480. 0.14% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on EOG shares. Citigroup reissued a “neutral” rating and issued a $150.00 target price (up from $141.00) on shares of EOG Resources in a report on Thursday, August 27th. Wall Street Zen raised shares of EOG Resources from a “hold” rating to a “buy” rating in a research note on Saturday, September 26th. UBS Group lifted their price target on shares of EOG Resources from $186.00 to $190.00 and gave the company a “buy” rating in a report on Monday. Wells Fargo & Company reiterated an “overweight” rating and issued a $193.00 price target (down from $196.00) on shares of EOG Resources in a report on Thursday, August 13th. Finally, Zacks Research upgraded shares of EOG Resources from a “hold” rating to a “strong-buy” rating in a research note on Friday, October 16th. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seventeen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, EOG Resources has an average rating of “Hold” and an average price target of $162.32.

Check Out Our Latest Stock Report on EOG Resources

EOG Resources Stock Performance

NYSE EOG opened at $153.81 on Thursday. The stock has a market capitalization of $79.75 billion, a PE ratio of 9.94, a P/E/G ratio of 0.53 and a beta of 0.27. The business has a 50 day simple moving average of $149.66 and a two-hundred day simple moving average of $138.48. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.90 and a quick ratio of 1.74. EOG Resources, Inc. has a 1-year low of $101.59 and a 1-year high of $165.93.

EOG Resources (NYSE:EOG – Get Free Report) last released its quarterly earnings data on Thursday, November 5th. The energy exploration company reported $4.87 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $4.45 by $0.42. The business had revenue of $8.55 billion for the quarter, compared to the consensus estimate of $7.26 billion. EOG Resources had a return on equity of 26.32% and a net margin of 27.54%. The company’s revenue was up 46.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $2.71 EPS. On average, research analysts predict that EOG Resources, Inc. will post 17.82 EPS for the current fiscal year.

EOG Resources Increases Dividend

The firm also recently announced a quarterly dividend, which will be paid on Friday, January 29th. Investors of record on Friday, January 15th will be issued a $1.10 dividend. This represents a $4.40 dividend on an annualized basis and a dividend yield of 2.9%. This is a boost from EOG Resources’s previous quarterly dividend of $1.02. The ex-dividend date of this dividend is Friday, January 15th. EOG Resources’s payout ratio is 26.36%.

EOG Resources Company Profile

(Free Report)

EOG Resources is an independent energy company focused on exploring for, developing and producing crude oil, natural gas and natural gas liquids. Its operations include drilling and managing wells, with a focus on resources in shale and other tight-rock formations. The company’s activities are concentrated in the United States, including major producing regions such as the Permian Basin and Eagle Ford. EOG also has international operations, including in Trinidad and Tobago and the United Arab Emirates.