Northwestern Mutual Wealth Management Co. Has $4.45 Million Holdings in EOG Resources, Inc. $EOG

Northwestern Mutual Wealth Management Co. lifted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 13.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 34,268 shares of the energy exploration company’s stock after buying an additional 4,006 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in EOG Resources were worth $4,446,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Ilmarinen Mutual Pension Insurance Co lifted its stake in EOG Resources by 39.2% in the fourth quarter. Ilmarinen Mutual Pension Insurance Co now owns 87,000 shares of the energy exploration company’s stock valued at $9,136,000 after buying an additional 24,500 shares during the period. Concurrent Investment Advisors LLC grew its position in shares of EOG Resources by 66.4% during the 4th quarter. Concurrent Investment Advisors LLC now owns 19,745 shares of the energy exploration company’s stock worth $2,073,000 after buying an additional 7,877 shares during the period. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in shares of EOG Resources by 2.2% during the 4th quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 1,150,840 shares of the energy exploration company’s stock worth $123,451,000 after buying an additional 24,984 shares during the period. Cumberland Partners Ltd increased its stake in shares of EOG Resources by 432.0% in the 4th quarter. Cumberland Partners Ltd now owns 15,470 shares of the energy exploration company’s stock valued at $1,625,000 after acquiring an additional 12,562 shares in the last quarter. Finally, Nomura Asset Management Co. Ltd. increased its stake in shares of EOG Resources by 8.8% in the 4th quarter. Nomura Asset Management Co. Ltd. now owns 309,888 shares of the energy exploration company’s stock valued at $32,541,000 after acquiring an additional 24,960 shares in the last quarter. Institutional investors own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on EOG shares. Barclays set a $147.00 target price on shares of EOG Resources and gave the stock an “equal weight” rating in a research note on Monday, August 17th. Raymond James Financial reaffirmed a “strong-buy” rating and issued a $183.00 price target on shares of EOG Resources in a research note on Monday, August 3rd. Citigroup dropped their price objective on shares of EOG Resources from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. JPMorgan Chase & Co. cut their price objective on shares of EOG Resources from $148.00 to $142.00 and set a “neutral” rating on the stock in a research report on Tuesday, June 30th. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of EOG Resources in a research note on Friday, August 7th. One equities research 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 company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $155.41.

EOG Resources Price Performance

Shares of EOG opened at $153.06 on Monday. The business’s fifty day moving average is $138.75 and its 200 day moving average is $135.19. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $153.67. The company has a quick ratio of 1.68, a current ratio of 1.85 and a debt-to-equity ratio of 0.25. The stock has a market cap of $80.28 billion, a P/E ratio of 11.91, a P/E/G ratio of 0.57 and a beta of 0.25.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.10. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The business had revenue of $8.62 billion during the quarter, compared to analyst estimates of $8.04 billion. During the same quarter in the previous year, the business posted $2.32 EPS. EOG Resources’s quarterly revenue was up 57.4% on a year-over-year basis. Sell-side analysts anticipate that EOG Resources, Inc. will post 16.87 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Friday, October 30th. Stockholders of record on Friday, October 16th will be given 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 presently 31.75%.

EOG Resources News Roundup

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

• Positive Sentiment: Higher earnings estimates: Zacks Research raised its forecasts for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, fiscal 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, third-quarter 2027 EPS to $3.35 from $3.03, and fiscal 2027 EPS to $14.03 from $13.05. These revisions indicate stronger projected profitability across several periods. MarketBeat EOG estimates
• Positive Sentiment: Value appeal: Zacks highlighted EOG as a strong value stock, which may attract investors seeking a relatively inexpensive energy producer with earnings support. The company’s reported valuation metrics include a P/E ratio near 12 and a price-to-earnings-growth ratio below 1. Here’s Why EOG Resources Is a Strong Value Stock
• Neutral Sentiment: Upcoming earnings focus: Analysts have published predictions for EOG’s fourth-quarter results. The estimates could influence the stock as investors assess commodity prices, production trends and the sustainability of recent earnings strength. Analysts Offer Predictions for EOG Resources Q4 Earnings
• Negative Sentiment: Longer-term estimate reduction: Zacks cut its second-quarter 2028 EPS forecast to $3.10 from $3.49, signaling some concern about earnings normalization beyond fiscal 2027. Zacks continues to rate EOG “Hold,” tempering the bullish impact of the other estimate increases. MarketBeat EOG estimates

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.