Montecito Bank & Trust reduced its position in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 45.7% during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 4,932 shares of the energy exploration company’s stock after selling 4,155 shares during the quarter. Montecito Bank & Trust’s holdings in EOG Resources were worth $518,000 at the end of the most recent quarter.
A number of other hedge funds also recently modified their holdings of the business. JCIC Asset Management Inc. acquired a new position in EOG Resources during the third quarter valued at $32,000. Twin Peaks Wealth Advisors LLC purchased a new stake in EOG Resources in the 2nd quarter worth about $35,000. Salomon & Ludwin LLC boosted its position in EOG Resources by 122.8% during the 3rd quarter. Salomon & Ludwin LLC now owns 323 shares of the energy exploration company’s stock worth $36,000 after acquiring an additional 178 shares during the period. Mountain Hill Investment Partners Corp. purchased a new position in EOG Resources during the 3rd quarter valued at about $37,000. Finally, Quent Capital LLC purchased a new position in EOG Resources during the 3rd quarter valued at about $37,000. Hedge funds and other institutional investors own 89.91% of the company’s stock.
Analyst Ratings Changes
A number of equities analysts have recently weighed in on the company. Barclays increased their price target on shares of EOG Resources from $133.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. Stephens boosted their price objective on shares of EOG Resources from $138.00 to $139.00 and gave the company an “equal weight” rating in a research report on Thursday, February 12th. Piper Sandler upped their price objective on shares of EOG Resources from $127.00 to $144.00 and gave the company a “neutral” rating in a research note on Thursday, March 12th. KeyCorp lowered shares of EOG Resources from an “overweight” rating to a “sector weight” rating in a research note on Friday, January 16th. Finally, Raymond James Financial boosted their price target on shares of EOG Resources from $153.00 to $157.00 and gave the company a “strong-buy” rating in a report on Friday, February 13th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and eighteen have issued a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $138.52.
Insider Buying and Selling
In other news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares in the company, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the company’s stock in a transaction on Tuesday, March 3rd. The stock was sold at an average price of $130.00, for a total transaction of $260,000.00. Following the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at approximately $11,445,850. This represents a 2.22% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 14,532 shares of company stock valued at $1,877,405 in the last ninety days. Company insiders own 0.13% of the company’s stock.
EOG Resources Price Performance
NYSE EOG opened at $142.55 on Wednesday. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $143.73. The stock’s 50-day moving average is $121.01 and its two-hundred day moving average is $113.22. The firm has a market cap of $76.47 billion, a P/E ratio of 15.65, a price-to-earnings-growth ratio of 3.78 and a beta of 0.44. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42.
EOG Resources (NYSE:EOG – Get Free Report) last released its quarterly earnings results on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.20 by $0.07. The company 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 firm’s revenue was up .9% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.74 EPS. On average, analysts anticipate that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.
EOG Resources Dividend Announcement
The business also recently announced a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a dividend of $1.02 per share. The ex-dividend date of this dividend is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. EOG Resources’s dividend payout ratio is presently 44.79%.
Trending Headlines about EOG Resources
Here are the key news stories impacting EOG Resources this week:
- Positive Sentiment: EOG is being highlighted by sector coverage as positioned to benefit from higher crude prices and Middle East tensions — a tailwind for upstream producers and supportive of cash flow and valuations. 3 Stocks Positioned to Gain From Ongoing Elevation in Crude Price
- Positive Sentiment: Company fundamentals still supportive: EOG reported an EPS beat in late Feb and recently declared a $1.02 quarterly dividend (annualized $4.08, ~2.9% yield), which underscores cash returns to shareholders and helps investor sentiment. EOG Insider/Dividend and SEC filing references
- Neutral Sentiment: EOG scheduled its Q1 2026 results conference call and webcast for May 6 — an upcoming catalyst that could drive volatility depending on production, pricing, and guidance detail. EOG Resources Schedules Conference Call and Webcast
- Neutral Sentiment: Truist initiated coverage with a “hold” and $146 price target — implies only modest upside from current levels and signals mixed near-term analyst conviction. Benzinga coverage note
- Negative Sentiment: Insider selling: CFO Ann Janssen sold 4,161 shares (~$583k) in a disclosed March transaction, which can be read negatively by some investors as reduced insider conviction (though she still holds a large position). EOG Resources CFO Sells Stock
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.
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