Resona Asset Management Co. Ltd. Raises Stock Holdings in EOG Resources, Inc. $EOG

Resona Asset Management Co. Ltd. grew its position in shares of EOG Resources, Inc. (NYSE:EOG) by 3.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 167,799 shares of the energy exploration company’s stock after acquiring an additional 4,873 shares during the quarter. Resona Asset Management Co. Ltd.’s holdings in EOG Resources were worth $24,424,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Vanguard Group Inc. lifted its position in EOG Resources by 0.8% during the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after purchasing an additional 446,341 shares during the last quarter. State Street Corp grew its stake in shares of EOG Resources by 0.3% in the 4th quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock worth $3,209,365,000 after buying an additional 100,080 shares in the last quarter. Charles Schwab Investment Management Inc. increased its holdings in shares of EOG Resources by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock worth $2,099,028,000 after buying an additional 371,548 shares during the last quarter. Geode Capital Management LLC raised its position in shares of EOG Resources by 0.7% during the 4th quarter. Geode Capital Management LLC now owns 13,046,709 shares of the energy exploration company’s stock valued at $1,364,309,000 after buying an additional 95,260 shares in the last quarter. Finally, Price T Rowe Associates Inc. MD raised its position in shares of EOG Resources by 1.9% during the 4th quarter. Price T Rowe Associates Inc. MD now owns 6,507,760 shares of the energy exploration company’s stock valued at $683,382,000 after buying an additional 122,112 shares in the last quarter. 89.91% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Several recent analyst estimate revisions were constructive, with Zacks Research lifting earnings forecasts for 2026 and 2027 periods, suggesting expectations for EOG’s near-term profitability remain solid.
• Positive Sentiment: One valuation-focused article argued that EOG still looks below fair value, which may support longer-term investor interest if crude prices remain stable.
• Neutral Sentiment: There was no fresh operational update from EOG today; the stock appears to be moving mainly on broader oil-market sentiment and commodity-price expectations.
• Neutral Sentiment: Market commentary pointed to easing oil supply concerns after OPEC+ signaled additional barrels could return to the market, which can pressure upstream producers like EOG.
• Negative Sentiment: Citigroup lowered its price target on EOG to $141 from $147 while keeping a neutral rating, reinforcing a more cautious near-term view from Wall Street.
• Negative Sentiment: Rising supply expectations in crude markets may weigh on EOG’s shares because the company’s cash flow and earnings are closely tied to benchmark oil prices.

Wall Street Analyst Weigh In

Several research firms recently commented on EOG. Mizuho set a $157.00 price target on EOG Resources and gave the stock a “neutral” rating in a research report on Wednesday, May 27th. Morgan Stanley decreased their price objective on EOG Resources from $160.00 to $156.00 and set an “equal weight” rating on the stock in a research report on Friday, June 26th. Truist Financial lowered their price objective on EOG Resources from $149.00 to $134.00 and set a “hold” rating for the company in a research note on Wednesday, July 1st. Roth Capital reiterated a “neutral” rating and issued a $136.00 target price on shares of EOG Resources in a report on Wednesday, May 6th. Finally, Jefferies Financial Group reissued a “buy” rating and set a $175.00 target price (up from $170.00) on shares of EOG Resources in a research report on Thursday, July 2nd. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have issued a Hold rating to the stock. According to MarketBeat, EOG Resources currently has a consensus rating of “Moderate Buy” and an average price target of $155.04.

EOG Resources Price Performance

Shares of EOG stock opened at $133.53 on Friday. The stock has a 50 day moving average price of $135.69 and a 200 day moving average price of $127.28. EOG Resources, Inc. has a 52-week low of $101.59 and a 52-week high of $151.87. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. The firm has a market capitalization of $71.12 billion, a P/E ratio of 13.14 and a beta of 0.25.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, beating the consensus estimate of $3.23 by $0.18. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the prior year, the company posted $2.87 EPS. EOG Resources’s quarterly revenue was up 22.1% on a year-over-year basis. As a group, sell-side analysts predict that EOG Resources, Inc. will post 16.19 earnings per share for the current year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s payout ratio is currently 40.16%.

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.