NFJ Investment Group LLC Has $46.82 Million Stock Position in EOG Resources, Inc. $EOG

NFJ Investment Group LLC raised its stake in EOG Resources, Inc. (NYSE:EOG) by 173.0% during the 2nd quarter, Holdings Channel reports. The fund owned 360,916 shares of the energy exploration company’s stock after acquiring an additional 228,709 shares during the period. EOG Resources makes up about 1.6% of NFJ Investment Group LLC’s investment portfolio, making the stock its 14th largest position. NFJ Investment Group LLC’s holdings in EOG Resources were worth $46,822,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also recently bought and sold shares of EOG. Portfolio Design Labs LLC increased its stake in shares of EOG Resources by 8.6% during the second quarter. Portfolio Design Labs LLC now owns 11,610 shares of the energy exploration company’s stock worth $1,506,000 after purchasing an additional 919 shares during the period. Advisors Capital Management LLC bought a new stake in EOG Resources in the 2nd quarter valued at $369,000. PCM Encore LLC boosted its stake in EOG Resources by 5.3% in the 2nd quarter. PCM Encore LLC now owns 3,730 shares of the energy exploration company’s stock valued at $484,000 after purchasing an additional 189 shares during the period. Vise Technologies Inc. grew its holdings in EOG Resources by 172.2% in the 2nd quarter. Vise Technologies Inc. now owns 38,901 shares of the energy exploration company’s stock valued at $5,047,000 after buying an additional 24,612 shares in the last quarter. Finally, OVERSEA CHINESE BANKING Corp Ltd grew its holdings in EOG Resources by 5,084.3% in the 2nd quarter. OVERSEA CHINESE BANKING Corp Ltd now owns 272,644 shares of the energy exploration company’s stock valued at $35,370,000 after buying an additional 267,385 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Stock Up 1.9%

Shares of NYSE EOG opened at $152.33 on Friday. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.68 and a current ratio of 1.85. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $153.67. The stock has a market capitalization of $79.90 billion, a P/E ratio of 11.85, a PEG ratio of 0.56 and a beta of 0.25. The stock’s fifty day moving average is $138.42 and its 200 day moving average is $134.87.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.10. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The firm’s revenue for the quarter was up 57.4% on a year-over-year basis. During the same quarter last year, the business posted $2.32 EPS. Sell-side analysts forecast that EOG Resources, Inc. will post 16.55 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 30th. Investors of record on Friday, October 16th will be issued a dividend of $1.02 per share. The ex-dividend date of this dividend is Friday, October 16th. This represents a $4.08 annualized dividend and a dividend yield of 2.7%. EOG Resources’s payout ratio is 31.75%.

Analysts Set New Price Targets

A number of research firms have recently weighed in on EOG. JPMorgan Chase & Co. dropped their target price on EOG Resources from $148.00 to $142.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. Jefferies Financial Group restated a “buy” rating and issued a $175.00 price target (up from $170.00) on shares of EOG Resources in a research note on Thursday, July 2nd. Raymond James Financial reaffirmed a “strong-buy” rating and set a $183.00 price target on shares of EOG Resources in a research report on Monday, August 3rd. Capital One Financial dropped their price objective on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating for the company in a research note on Wednesday, June 3rd. Finally, The Goldman Sachs Group cut their price objective on shares of EOG Resources from $139.00 to $129.00 and set a “neutral” rating for the company in a report on Tuesday, June 30th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and seventeen have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus target price of $155.41.

EOG Resources News Summary

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

• Positive Sentiment: Zacks raised its estimates for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, full-year 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, and full-year 2027 EPS to $14.03 from $13.05. The upward revisions suggest stronger expected near-term profitability and are the primary bullish catalyst. EOG Resources analyst estimates
• Positive Sentiment: Zacks also increased estimates for fourth-quarter 2026 EPS to $3.88, fourth-quarter 2027 EPS to $3.33, first-quarter 2028 EPS to $3.50, and full-year 2028 EPS to $13.18. These revisions indicate analysts continue to see support for EOG’s earnings outlook beyond 2026.
• Neutral Sentiment: Zacks maintained a “Hold” rating, tempering the impact of the higher forecasts. The current-year consensus EPS estimate remains $16.43, while the company’s latest reported quarter exceeded expectations and revenue increased sharply year over year.
• Negative Sentiment: Some longer-term estimates were reduced: second-quarter 2027 EPS fell to $3.26 from $3.33, and second-quarter 2028 EPS declined to $3.10 from $3.49. These cuts point to possible moderation in earnings growth later in the forecast period.
• Negative Sentiment: Higher Treasury yields—including the 30-year yield briefly reaching a 19-year high—could pressure income-oriented and valuation-sensitive energy stocks by making bonds more competitive and raising financing costs. Dividend Stocks Lost the Yield War But May Still Beat the Market

EOG Resources Company 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.