Boston Partners Grows Position in Range Resources Corporation $RRC

Boston Partners raised its position in shares of Range Resources Corporation (NYSE:RRC) by 14.0% in the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 13,467,808 shares of the oil and gas exploration company’s stock after buying an additional 1,650,258 shares during the period. Boston Partners owned 0.06% of Range Resources worth $474,585,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of RRC. Los Angeles Capital Management LLC purchased a new position in shares of Range Resources in the 4th quarter valued at approximately $34,000. Smartleaf Asset Management LLC increased its holdings in Range Resources by 49.6% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,013 shares of the oil and gas exploration company’s stock worth $38,000 after buying an additional 336 shares during the period. SBI Okasan Asset Management Co.Ltd. acquired a new stake in shares of Range Resources during the 4th quarter worth approximately $57,000. Basepoint Wealth LLC acquired a new stake in shares of Range Resources during the 4th quarter worth approximately $61,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Range Resources during the 4th quarter valued at approximately $71,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Range Resources Stock Performance

Shares of NYSE:RRC opened at $38.53 on Friday. The company has a market cap of $9.08 billion, a P/E ratio of 10.19 and a beta of 0.42. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. Range Resources Corporation has a one year low of $32.60 and a one year high of $48.31. The business’s 50-day simple moving average is $41.36 and its 200 day simple moving average is $39.36.

Range Resources (NYSE:RRC) last announced its earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.25 by $0.27. The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $898.20 million. Range Resources had a return on equity of 18.64% and a net margin of 26.09%.The company’s revenue was up 49.8% on a year-over-year basis. During the same period last year, the business posted $0.96 EPS. On average, sell-side analysts forecast that Range Resources Corporation will post 3.71 earnings per share for the current fiscal year.

Range Resources Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Friday, June 26th. Investors of record on Friday, June 12th will be issued a dividend of $0.10 per share. This represents a $0.40 annualized dividend and a dividend yield of 1.0%. The ex-dividend date is Friday, June 12th. Range Resources’s dividend payout ratio (DPR) is presently 10.58%.

Insider Activity at Range Resources

In related news, Director Brenda A. Cline sold 7,000 shares of the firm’s stock in a transaction dated Tuesday, April 7th. The stock was sold at an average price of $44.40, for a total transaction of $310,800.00. Following the sale, the director directly owned 28,668 shares in the company, valued at approximately $1,272,859.20. This trade represents a 19.63% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 1.10% of the company’s stock.

Range Resources News Roundup

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

• Positive Sentiment: Zacks Research raised its earnings estimates for multiple periods, including FY2026 to $3.48 per share, Q3 2026 to $0.67, Q3 2027 to $0.72, Q2 2027 to $0.78, and Q4 2026 to $0.85, signaling improved expectations for Range Resources’ earnings power.
• Positive Sentiment: A Yahoo Finance-linked article highlighted that an analyst raised the price target on Range Resources, suggesting at least one bullish valuation revision for the stock. Analyst Raises Price Target on Range Resources (RRC)
• Neutral Sentiment: Despite the higher estimates, Zacks still labels Range Resources as Hold in one update, and its latest consensus-style outlook remains below the broader current-year estimate of $3.70 per share.
• Negative Sentiment: Zacks Research also downgraded Range Resources from Strong Buy to Hold, which may have weighed on sentiment even as earnings forecasts improved.
• Negative Sentiment: One estimate was cut: Zacks lowered Q2 2026 EPS to $0.48 from $0.51, showing some caution around near-term performance.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on RRC. Barclays increased their target price on Range Resources from $39.00 to $41.00 and gave the company an “equal weight” rating in a research report on Monday, March 16th. TD Cowen boosted their price objective on shares of Range Resources from $40.00 to $45.00 and gave the company a “hold” rating in a report on Tuesday, March 17th. Wells Fargo & Company lifted their target price on Range Resources from $43.00 to $46.00 and gave the company an “equal weight” rating in a research report on Thursday, February 26th. Citigroup lowered their price target on Range Resources from $50.00 to $45.00 and set a “neutral” rating for the company in a report on Tuesday, April 14th. Finally, Stephens reduced their price objective on Range Resources from $55.00 to $54.00 and set an “overweight” rating for the company in a research note on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, Range Resources currently has an average rating of “Hold” and a consensus target price of $44.00.

Range Resources Company Profile

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.