EOG Resources, Inc. $EOG Shares Sold by Harbour Trust & Investment Management Co

Harbour Trust & Investment Management Co lessened its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 21.1% in the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 29,906 shares of the energy exploration company’s stock after selling 8,006 shares during the period. Harbour Trust & Investment Management Co’s holdings in EOG Resources were worth $3,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Sivia Capital Partners LLC purchased a new stake in shares of EOG Resources during the second quarter worth about $258,000. Quantbot Technologies LP purchased a new position in shares of EOG Resources in the 2nd quarter valued at approximately $349,000. Gamco Investors INC. ET AL boosted its stake in EOG Resources by 216.1% in the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company’s stock worth $785,000 after purchasing an additional 4,485 shares in the last quarter. NewEdge Advisors LLC boosted its stake in EOG Resources by 2.0% in the 2nd quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company’s stock worth $2,725,000 after purchasing an additional 444 shares in the last quarter. Finally, Sei Investments Co. grew its position in EOG Resources by 4.4% during the 2nd quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company’s stock worth $43,356,000 after purchasing an additional 15,250 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

EOG Resources Stock Up 0.5%

EOG stock opened at $133.05 on Thursday. The company has a market capitalization of $71.28 billion, a P/E ratio of 14.60, a price-to-earnings-growth ratio of 2.64 and a beta of 0.32. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $151.87. The firm’s fifty day simple moving average is $133.11 and its 200-day simple moving average is $116.58. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.07. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter last year, the company posted $2.74 earnings per share. The firm’s revenue was up .9% compared to the same quarter last year. As a group, equities research analysts forecast that EOG Resources, Inc. will post 13.45 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.1%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s payout ratio is 44.79%.

Analysts Set New Price Targets

A number of research analysts have issued reports on the stock. Scotiabank upped their price target on shares of EOG Resources from $123.00 to $139.00 and gave the company a “sector perform” rating in a research note on Wednesday. Barclays boosted their price objective on shares of EOG Resources from $133.00 to $140.00 and gave the company an “equal weight” rating in a report on Monday, March 16th. Susquehanna raised their target price on EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a research note on Tuesday. Royal Bank Of Canada lifted their price target on EOG Resources from $138.00 to $175.00 and gave the stock an “outperform” rating in a research report on Wednesday, April 8th. Finally, KeyCorp downgraded EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $153.68.

Key Headlines Impacting EOG Resources

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

• Positive Sentiment: Susquehanna raised its price target to $162 and maintained a positive rating, implying meaningful upside and signaling stronger analyst conviction. Susquehanna raises PT to $162
• Positive Sentiment: Scotiabank bumped its price target to $139 (sector perform), providing an incremental endorsement that supports near-term upside. Scotiabank raises PT to $139
• Positive Sentiment: Market commentary flagged a rise in EOG’s RS rating to 81, indicating improved price momentum vs. the market and potentially attracting momentum/quant-driven flows. EOG RS rating jumps to 81
• Neutral Sentiment: Goldman Sachs nudged its target to $135 while keeping a neutral rating — a modest lift but less directional than the higher Susquehanna target. Goldman Sachs raises PT to $135
• Neutral Sentiment: Analyst/media pieces comparing EOG to peers (Devon, Exxon) and highlighting the broader energy rally note that elevated oil prices and EOG’s valuation/dividend profile make it a key name to watch — useful context but not new company-specific news. Devon vs EOG: upside discussion
• Neutral Sentiment: Zacks and Yahoo pieces urging investors to consider energy names and comparing Exxon vs. EOG add sector tailwind commentary but are broadly thematic. Zacks: take advantage of energy stocks
• Neutral Sentiment: Industry/peer articles (SLB earnings preview, Q1 coverage) underline demand dynamics for oilfield services and oil prices — background that can influence EOG sentiment ahead of its Q1 release. SLB Q1 preview
• Neutral Sentiment: Barchart’s Q1 earnings preview notes analysts expect modest EPS growth for EOG into early May — this keeps focus on the upcoming report as a potential catalyst. EOG Q1 earnings preview

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders sold 18,230 shares of company stock valued at $2,522,568. Insiders own 0.14% of the company’s stock.

About EOG Resources

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.