Victory Capital Management Inc. Buys 177,616 Shares of EOG Resources, Inc. $EOG

Victory Capital Management Inc. lifted its stake in EOG Resources, Inc. (NYSE:EOG) by 9.6% in the 3rd quarter, HoldingsChannel reports. The fund owned 2,031,355 shares of the energy exploration company’s stock after purchasing an additional 177,616 shares during the quarter. Victory Capital Management Inc.’s holdings in EOG Resources were worth $227,756,000 as of its most recent SEC filing.

A number of other institutional investors also recently added to or reduced their stakes in EOG. JCIC Asset Management Inc. bought a new position in EOG Resources in the third quarter worth about $32,000. Twin Peaks Wealth Advisors LLC bought a new position in shares of EOG Resources during the 2nd quarter worth approximately $35,000. Salomon & Ludwin LLC lifted its position in EOG Resources by 122.8% during the third quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock valued at $36,000 after acquiring an additional 178 shares during the last quarter. Mountain Hill Investment Partners Corp. acquired a new stake in EOG Resources in the third quarter valued at approximately $37,000. Finally, Quent Capital LLC acquired a new stake in EOG Resources in the third quarter valued at approximately $37,000. Institutional investors own 89.91% of the company’s stock.

Insider Buying and Selling

In related news, COO Jeffrey R. Leitzell sold 2,000 shares of the business’s stock in a transaction on Thursday, February 19th. The shares were sold at an average price of $125.00, for a total value of $250,000.00. Following the completion of the sale, the chief operating officer owned 61,481 shares of the company’s stock, valued at approximately $7,685,125. The trade was a 3.15% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders own 0.13% of the company’s stock.

Analysts Set New Price Targets

EOG has been the topic of a number of recent analyst reports. Capital One Financial reduced their price target on EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. Roth Mkm reaffirmed a “neutral” rating and set a $110.00 target price on shares of EOG Resources in a research report on Wednesday, February 25th. Johnson Rice lowered their price target on EOG Resources from $145.00 to $135.00 and set a “hold” rating for the company in a report on Friday, December 5th. The Goldman Sachs Group cut their price objective on shares of EOG Resources from $125.00 to $123.00 and set a “neutral” rating on the stock in a report on Thursday, January 22nd. Finally, JPMorgan Chase & Co. lifted their target price on shares of EOG Resources from $115.00 to $125.00 and gave the stock a “neutral” rating in a research note on Thursday, February 26th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus target price of $135.85.

Key Stories Impacting EOG Resources

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

• Positive Sentiment: Multiple brokerages raised price targets and retained bullish ratings, signaling analyst conviction and supplying near-term upside: Jefferies raised its PT to $146 (buy). Jefferies price target raise
• Positive Sentiment: UBS raised its PT to $149 and kept a buy rating, implying ~16% upside from the quoted reference price — a clear vote of confidence that likely supports the stock’s advance. UBS price target raise
• Positive Sentiment: BMO raised its PT to $140 and maintained an outperform rating, adding to the upward pressure from the dealer community. BMO price target raise
• Positive Sentiment: Company fundamentals and momentum: EOG reported an EPS beat in its most recent quarter (EPS $2.27 vs. $2.20 est.) and has shown strong short-term share momentum (double-digit 1‑ and 3‑month returns), supporting analyst bullishness and investor interest.
• Neutral Sentiment: Zacks moved EOG from “strong sell” to “hold” — an improvement in sentiment but still a cautious stance that offers limited incremental lift compared with outright buy ratings. Zacks upgrade
• Neutral Sentiment: Analyst / industry commentary and events are driving attention: EOG presented at the Raymond James conference (transcript available) and independent write-ups are re-assessing valuation after recent share gains. These items keep the stock on investors’ radar without being binary catalysts. Raymond James conference transcript Valuation reassessment
• Neutral Sentiment: Sector peer results (e.g., Venture Global’s Q4) are mixed — earnings beats but revenue misses — which can influence sentiment for energy names broadly but do not directly change EOG’s near-term fundamentals. Venture Global Q4 results
• Negative Sentiment: Notes that EOG has underperformed the Dow over the past year are keeping some investors cautious; relative underperformance can limit momentum and invite profit-taking even amid fresh upgrades. Is EOG underperforming the Dow? BarChart coverage

EOG Resources Trading Down 0.4%

EOG Resources stock opened at $128.09 on Wednesday. The stock has a 50-day moving average price of $112.19 and a 200 day moving average price of $111.82. The company has a market capitalization of $68.72 billion, a price-to-earnings ratio of 14.06 and a beta of 0.44. EOG Resources, Inc. has a 52 week low of $101.59 and a 52 week high of $131.32. The company has a quick ratio of 1.42, a current ratio of 1.63 and a debt-to-equity ratio of 0.27.

EOG Resources (NYSE:EOG) last announced its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share for the quarter, beating the consensus estimate of $2.20 by $0.07. The firm had revenue of $5.64 billion during the quarter, compared to analyst estimates of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.EOG Resources’s revenue for the quarter was up .9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $2.74 EPS. Sell-side analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.2%. EOG Resources’s dividend payout ratio (DPR) is 44.79%.

EOG Resources 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.