EOG Resources, Inc. $EOG Shares Acquired by Rockland Trust Co.

Rockland Trust Co. increased its stake in shares of EOG Resources, Inc. (NYSE:EOG) by 5.1% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 258,771 shares of the energy exploration company’s stock after buying an additional 12,445 shares during the quarter. EOG Resources comprises approximately 1.1% of Rockland Trust Co.’s investment portfolio, making the stock its 25th biggest holding. Rockland Trust Co.’s holdings in EOG Resources were worth $27,174,000 at the end of the most recent reporting period.

Several other hedge funds have also recently made changes to their positions in the company. First Trust Advisors LP lifted its position in EOG Resources by 64.1% during the 2nd quarter. First Trust Advisors LP now owns 3,728,128 shares of the energy exploration company’s stock worth $445,921,000 after acquiring an additional 1,456,928 shares during the period. Capital World Investors grew its stake in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock valued at $6,156,495,000 after purchasing an additional 782,426 shares during the last quarter. Qube Research & Technologies Ltd acquired a new position in shares of EOG Resources in the third quarter valued at about $87,193,000. TD Asset Management Inc increased its holdings in shares of EOG Resources by 288.1% in the third quarter. TD Asset Management Inc now owns 892,482 shares of the energy exploration company’s stock valued at $100,065,000 after purchasing an additional 662,539 shares during the period. Finally, Assenagon Asset Management S.A. raised its stake in shares of EOG Resources by 140.6% in the fourth quarter. Assenagon Asset Management S.A. now owns 1,102,999 shares of the energy exploration company’s stock worth $115,826,000 after purchasing an additional 644,569 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of research firms recently commented on EOG. Wells Fargo & Company lifted their target price on EOG Resources from $127.00 to $155.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Wolfe Research raised their price target on shares of EOG Resources from $140.00 to $152.00 in a research report on Monday, March 9th. Stephens lifted their price objective on shares of EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a research note on Thursday, February 12th. Raymond James Financial upped their price objective on shares of EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a report on Friday, February 13th. Finally, Susquehanna cut their price objective on shares of EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a research note on Thursday, February 26th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have issued a Hold rating to the stock. Based on data from MarketBeat.com, EOG Resources presently has a consensus rating of “Hold” and a consensus target price of $140.81.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of EOG Resources stock in a transaction on Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total value of $260,000.00. Following the completion of the transaction, the chief operating officer owned 88,045 shares of the company’s stock, valued at approximately $11,445,850. The trade was a 2.22% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Ann D. Janssen sold 4,161 shares of the company’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 12,532 shares of company stock worth $1,666,045. 0.13% of the stock is owned by company insiders.

EOG Resources Trading Down 3.7%

Shares of NYSE:EOG opened at $144.38 on Wednesday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87. The business has a 50 day moving average of $124.99 and a two-hundred day moving average of $114.21. The company has a market capitalization of $77.35 billion, a PE ratio of 15.85, a PEG ratio of 3.12 and a beta of 0.44.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping analysts’ consensus estimates of $2.20 by $0.07. The business had revenue of $5.64 billion for the quarter, compared to analysts’ expectations of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The business’s revenue was up .9% on a year-over-year basis. During the same quarter last year, the company earned $2.74 EPS. As a group, analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be given a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is currently 44.79%.

Key Stories Impacting EOG Resources

Here are the key news stories impacting EOG Resources this week:

• Positive Sentiment: Zacks highlights that analysts have been raising EOG’s earnings estimates, signaling upside momentum and supporting recent share gains. This kind of estimate revision often precedes further stock strength if commodity/pricing trends hold. Surging Earnings Estimates Signal Upside for EOG Resources (EOG) Stock
• Positive Sentiment: Zacks also profiles EOG as a strong momentum candidate, noting technical and fundamental factors that may attract momentum traders and support continued inflows. What Makes EOG Resources (EOG) a Strong Momentum Stock: Buy Now?
• Positive Sentiment: An independent price‑target bump to $155 was reported, signaling some analyst optimism on upside vs. prior targets and potentially supporting the stock if adopted by larger desks. EOG Resources (NYSE:EOG) Price Target Raised to $155.00
• Neutral Sentiment: Citi raised its price target on EOG to $150 but maintained a “hold/neutral” rating — a mixed signal: higher valuation reference but no upgrade to “buy,” which can limit immediate upside from institutional flows. EOG Resources (EOG) Gets a Hold from Citi
• Neutral Sentiment: Zacks’ broader coverage pieces (earnings‑ESP and stocks‑to‑watch articles) mention EOG among names that could beat or show momentum — helpful for visibility but not definitive near‑term catalysts. These 2 Oils and Energy Stocks Could Beat Earnings: Why They Should Be on Your Radar
• Negative Sentiment: A Yahoo Finance comparison piece notes Chord Energy (CHRD) has outperformed some oils & energy peers this year, calling out relative underperformance that can pressure EOG’s stock as investors rotate into stronger short‑term performers. Relative weakness versus a high‑momentum peer likely contributes to today’s pullback. Are Oils-Energy Stocks Lagging Chord Energy Corporation (CHRD) This Year?

EOG Resources Profile

EOG Resources, Inc (NYSE: EOG) is an independent exploration and production company headquartered in Houston, Texas. Tracing its corporate origins to Enron Oil & Gas Company in the late 1990s, the company established itself as a stand‑alone E&P operator and has grown into one of the largest U.S. upstream producers. EOG focuses on the exploration, development and production of crude oil, condensate, natural gas and natural gas liquids (NGLs).

As an upstream-focused company, EOG’s core activities include geologic and geophysical exploration, drilling and completion of wells, reservoir development, and the marketing of hydrocarbon production.