CSM Advisors LLC increased its stake in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 27.8% during the 3rd quarter, according to its most recent filing with the SEC. The institutional investor owned 320,336 shares of the energy exploration company’s stock after acquiring an additional 69,748 shares during the period. EOG Resources makes up approximately 1.0% of CSM Advisors LLC’s holdings, making the stock its 22nd largest holding. CSM Advisors LLC owned about 0.06% of EOG Resources worth $35,917,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently bought and sold shares of EOG. JCIC Asset Management Inc. purchased a new stake in shares of EOG Resources during the third quarter valued at approximately $32,000. Twin Peaks Wealth Advisors LLC acquired a new position in shares of EOG Resources during the second quarter worth $35,000. Salomon & Ludwin LLC boosted its stake in shares of EOG Resources by 122.8% in the third quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock valued at $36,000 after purchasing an additional 178 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in shares of EOG Resources in the third quarter valued at $37,000. Finally, Quent Capital LLC acquired a new stake in EOG Resources during the 3rd quarter valued at $37,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.
Insiders Place Their Bets
In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction dated Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total value of $260,000.00. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $11,445,850. The trade was a 2.22% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Insiders sold 7,774 shares of company stock valued at $945,895 over the last three months. 0.13% of the stock is owned by insiders.
EOG Resources Trading Up 0.5%
EOG Resources (NYSE:EOG – Get Free Report) last released its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, topping the consensus estimate of $2.20 by $0.07. The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The company’s revenue was up .9% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.74 EPS. As a group, research analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal 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 paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date is Thursday, April 16th. EOG Resources’s dividend payout ratio (DPR) is 44.79%.
Analysts Set New Price Targets
Several research firms recently issued reports on EOG. Raymond James Financial lifted their price target on shares of EOG Resources from $153.00 to $157.00 and gave the stock a “strong-buy” rating in a research note on Friday, February 13th. Susquehanna lowered their target price on EOG Resources from $151.00 to $144.00 and set a “positive” rating for the company in a research note on Thursday, February 26th. JPMorgan Chase & Co. lifted their target price on EOG Resources from $115.00 to $125.00 and gave the stock a “neutral” rating in a research report on Thursday, February 26th. Roth Mkm reaffirmed a “neutral” rating and set a $110.00 target price on shares of EOG Resources in a research report on Wednesday, February 25th. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $126.00 price target (down from $144.00) on shares of EOG Resources in a report on Monday, January 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and seventeen have given a Hold rating to the stock. According to MarketBeat, EOG Resources currently has an average rating of “Hold” and a consensus target price of $136.42.
Get Our Latest Analysis on EOG Resources
More EOG Resources News
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: Macro: Rising oil prices amid renewed Middle East tensions are lifting sentiment across integrated and exploration names, creating a favorable commodity backdrop for EOG’s revenue and cash‑flow outlook. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
- Positive Sentiment: Company fundamentals: EOG reported better‑than‑expected Q4 results with production of ~1.40 mboe/d and benefit from higher natural gas prices — a direct driver of near‑term cash flow and the recent analyst bullishness. EOG Surpasses Profit Projections with Solid Output and Rising Gas Prices
- Positive Sentiment: Analyst action: Piper Sandler raised its price target on EOG to $144 (still a “neutral” rating), implying roughly mid‑single‑digit to low‑double‑digit upside versus recent levels and signaling confidence in the medium‑term outlook. Piper Sandler raises price target
- Neutral Sentiment: Mixed analyst revisions: Zacks has both raised several later‑cycle estimates (FY2028 / Q3 2027) and revised some quarterly forecasts upward — a signal that longer‑term earnings power remains intact but timing of recovery is uncertain. Investors should treat these as model updates rather than a change in the company’s competitive position. MarketBeat EOG overview
- Negative Sentiment: Near‑term downward revisions: Zacks recently cut several near‑term EPS forecasts and trimmed FY2026 estimates materially (e.g., to ~$7.56 from prior levels), and maintains a “Hold” stance — this raises the risk of earnings disappointment or lower near‑term guidance that could cap multiple expansion. Q3 EPS Estimates Lowered by Zacks Research
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.
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