Mercer Global Advisors Inc. ADV Raises Stake in EOG Resources, Inc. $EOG

Mercer Global Advisors Inc. ADV raised its holdings in EOG Resources, Inc. (NYSE:EOG) by 3.3% during the third quarter, HoldingsChannel reports. The firm owned 1,133,503 shares of the energy exploration company’s stock after buying an additional 35,974 shares during the period. Mercer Global Advisors Inc. ADV’s holdings in EOG Resources were worth $127,088,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also made changes to their positions in the business. Capital World Investors boosted its stake in shares of EOG Resources by 1.4% during the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after buying an additional 782,426 shares during the period. Capital Research Global Investors increased its position in EOG Resources by 0.5% in the 3rd quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock valued at $2,794,784,000 after acquiring an additional 122,486 shares during the period. Alliancebernstein L.P. increased its position in EOG Resources by 4.2% in the 2nd quarter. Alliancebernstein L.P. now owns 6,159,281 shares of the energy exploration company’s stock valued at $736,712,000 after acquiring an additional 249,984 shares during the period. Dimensional Fund Advisors LP raised its stake in EOG Resources by 6.1% during the 3rd quarter. Dimensional Fund Advisors LP now owns 5,972,687 shares of the energy exploration company’s stock valued at $669,727,000 after acquiring an additional 344,291 shares during the last quarter. Finally, Franklin Resources Inc. raised its stake in EOG Resources by 11.8% during the 3rd quarter. Franklin Resources Inc. now owns 5,186,343 shares of the energy exploration company’s stock valued at $581,493,000 after acquiring an additional 548,334 shares during the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages have weighed in on EOG. Raymond James Financial lifted their target price on EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a research note on Friday, February 13th. Jefferies Financial Group upped their price target on EOG Resources from $140.00 to $146.00 and gave the stock a “buy” rating in a research note on Monday, March 2nd. Piper Sandler increased their price target on EOG Resources from $127.00 to $144.00 and gave the stock a “neutral” rating in a report on Thursday, March 12th. BMO Capital Markets lifted their price objective on shares of EOG Resources from $120.00 to $140.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Susquehanna dropped their price objective on shares of EOG Resources from $151.00 to $144.00 and set a “positive” rating on the stock in a research note on Thursday, February 26th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $137.77.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, CFO Ann D. Janssen sold 2,597 shares of the business’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $134.31, for a total transaction of $348,803.07. Following the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $13,464,040.26. The trade was a 2.53% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction on Thursday, February 19th. The stock was sold at an average price of $125.00, for a total transaction of $250,000.00. Following the transaction, the chief operating officer directly owned 61,481 shares in the company, valued at approximately $7,685,125. This trade represents a 3.15% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 10,371 shares of company stock valued at $1,294,698 in the last quarter. 0.13% of the stock is currently owned by company insiders.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Wells Fargo raised its price target to $155 and reiterated an “overweight” rating, signaling meaningful upside versus the current price; this is a strong near‑term catalyst for buyers. Article Title
• Positive Sentiment: Piper Sandler boosted its target to $144, adding to the sequence of broker upgrades that reinforce investor confidence in EOG’s earnings and cash‑flow outlook. Piper Sandler Raises EOG PT to $144
• Positive Sentiment: Barclays lifted its target to $140 while keeping an Equal Weight rating—another vote of confidence that supports the view EOG may be undervalued at current levels. Article Title
• Positive Sentiment: Coverage from outlets (CNBC/TipRanks and investment roundups) highlights EOG as a dividend‑paying energy name favored by some analysts, which can attract income‑oriented and institutional demand. Top Wall Street analysts are bullish
• Neutral Sentiment: Multiple articles and lists discuss EOG as an “undervalued” large‑cap energy stock and include it in top energy stock roundups—useful for sentiment but largely echoing analyst upgrades rather than new fundamental developments. Is EOG One of the Most Undervalued?
• Neutral Sentiment: CFO Ann Janssen sold 2,597 shares on March 12 (SEC Form 4 filed); the sale reduced her position by ~2.5% but she retains a large holding—this is worth noting but not an obvious sign of company‑level trouble. SEC Form 4
• Negative Sentiment: Zacks cut earnings estimates for EOG, which could weigh on forward expectations if other shops follow; this is the primary near‑term negative item to monitor for revisions to consensus. Zacks Cuts Earnings Estimates

EOG Resources Price Performance

Shares of EOG opened at $134.57 on Tuesday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. The stock’s 50 day moving average is $116.98 and its two-hundred day moving average is $112.53. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $136.14. The firm has a market capitalization of $72.19 billion, a PE ratio of 14.77 and a beta of 0.44.

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 analysts’ consensus estimates of $2.20 by $0.07. The business had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company’s revenue for the quarter was up .9% on a year-over-year basis. During the same period in the prior year, the business posted $2.74 EPS. Research analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Investors of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend is Thursday, April 16th. EOG Resources’s dividend payout ratio is currently 44.79%.

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.