Dockside LLC Buys New Stake in Range Resources Corporation $RRC

Dockside LLC bought a new stake in Range Resources Corporation (NYSE:RRC) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 116,374 shares of the oil and gas exploration company’s stock, valued at approximately $4,103,000. Range Resources comprises about 1.1% of Dockside LLC’s holdings, making the stock its 20th largest position.

A number of other hedge funds 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 $34,000. Smartleaf Asset Management LLC grew its position in shares of 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 valued at $38,000 after buying an additional 336 shares during the last quarter. SBI Okasan Asset Management Co.Ltd. purchased a new position in shares of Range Resources in the 4th quarter valued at $57,000. Basepoint Wealth LLC purchased a new position in shares of Range Resources in the 4th quarter valued at $61,000. Finally, International Assets Investment Management LLC purchased a new position in shares of Range Resources in the 4th quarter valued at $71,000. 98.93% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the stock. TD Cowen increased their target price on shares of Range Resources from $40.00 to $45.00 and gave the company a “hold” rating in a research report on Tuesday, March 17th. Zacks Research downgraded shares of Range Resources from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 9th. Piper Sandler raised their price objective on shares of Range Resources from $41.00 to $42.00 and gave the stock a “neutral” rating in a research report on Thursday, March 12th. Freedom Capital raised shares of Range Resources from a “hold” rating to a “strong-buy” rating in a research report on Friday, April 24th. Finally, Wells Fargo & Company raised their price objective on shares of Range Resources from $43.00 to $46.00 and gave the stock an “equal weight” rating in a research report on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Range Resources presently has an average rating of “Hold” and a consensus price target of $44.00.

Key Headlines Impacting Range Resources

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.

Range Resources Trading Up 1.4%

Shares of Range Resources stock opened at $38.53 on Friday. Range Resources Corporation has a 1 year low of $32.60 and a 1 year high of $48.31. The company has a debt-to-equity ratio of 0.18, a quick ratio of 0.55 and a current ratio of 0.55. The company has a market capitalization of $9.08 billion, a P/E ratio of 10.19 and a beta of 0.42. The company’s fifty day moving average is $41.36 and its two-hundred day moving average is $39.36.

Range Resources (NYSE:RRC) last issued its earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share 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 net margin of 26.09% and a return on equity of 18.64%. The business’s quarterly revenue was up 49.8% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.96 earnings per share. Analysts forecast that Range Resources Corporation will post 3.71 earnings per share for the current year.

Range Resources Dividend Announcement

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

Insider Buying and Selling at Range Resources

In other news, Director Brenda A. Cline sold 7,000 shares of Range Resources stock in a transaction dated Tuesday, April 7th. The shares were sold at an average price of $44.40, for a total value of $310,800.00. Following the sale, the director owned 28,668 shares of the company’s stock, valued at $1,272,859.20. The trade was a 19.63% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. 1.10% of the stock is currently owned by insiders.

About Range Resources

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.