Fideuram Asset Management Ireland dac Takes $510,000 Position in EOG Resources, Inc. $EOG

Fideuram Asset Management Ireland dac acquired a new stake in EOG Resources, Inc. (NYSE:EOG) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 4,859 shares of the energy exploration company’s stock, valued at approximately $510,000.

Other hedge funds also recently made changes to their positions in the company. Olistico Wealth LLC acquired a new stake in shares of EOG Resources in the fourth quarter valued at approximately $33,000. Physician Wealth Advisors Inc. increased its stake in shares of EOG Resources by 103.0% during the fourth quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock worth $35,000 after purchasing an additional 170 shares during the period. Laurel Wealth Advisors LLC bought a new position in shares of EOG Resources during the fourth quarter worth approximately $38,000. City Holding Co. increased its stake in shares of EOG Resources by 469.2% during the fourth quarter. City Holding Co. now owns 370 shares of the energy exploration company’s stock worth $39,000 after purchasing an additional 305 shares during the period. Finally, AXS Investments LLC bought a new position in shares of EOG Resources during the third quarter worth approximately $41,000. 89.91% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. This trade represents a 3.99% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the transaction, the chief operating officer owned 88,045 shares in the company, valued at approximately $13,234,924.40. This trade represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 16,230 shares of company stock worth $2,272,568. Corporate insiders own 0.14% of the company’s stock.

EOG Resources Price Performance

EOG Resources stock opened at $133.55 on Friday. The stock’s fifty day moving average price is $138.01 and its two-hundred day moving average price is $121.76. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $151.87. The company has a debt-to-equity ratio of 0.26, a current ratio of 1.72 and a quick ratio of 1.53. The firm has a market cap of $71.13 billion, a PE ratio of 13.14 and a beta of 0.27.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, topping analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The firm had revenue of $6.92 billion for the quarter, compared to analyst estimates of $6.18 billion. During the same quarter last year, the company earned $2.87 EPS. The company’s revenue was up 22.1% on a year-over-year basis. As a group, research analysts expect that EOG Resources, Inc. will post 15.67 EPS for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is 40.16%.

Analyst Ratings Changes

EOG has been the topic of a number of recent research reports. Morgan Stanley increased their target price on EOG Resources from $155.00 to $160.00 and gave the stock an “equal weight” rating in a research note on Thursday, May 21st. Barclays increased their target price on EOG Resources from $140.00 to $153.00 and gave the stock an “equal weight” rating in a research note on Tuesday, May 26th. Mizuho set a $157.00 target price on EOG Resources and gave the stock a “neutral” rating in a research note on Wednesday. Wells Fargo & Company set a $196.00 target price on EOG Resources and gave the stock an “overweight” rating in a research note on Wednesday, May 13th. Finally, Wolfe Research increased their target price on EOG Resources from $152.00 to $154.00 and gave the stock an “outperform” rating in a research note on Monday, April 6th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $156.39.

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.