EOG Resources, Inc. (NYSE:EOG) Shares Purchased by WINTON GROUP Ltd

WINTON GROUP Ltd lifted its holdings in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 597.6% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 12,717 shares of the energy exploration company's stock after acquiring an additional 10,894 shares during the period. WINTON GROUP Ltd's holdings in EOG Resources were worth $1,559,000 at the end of the most recent reporting period.

A number of other institutional investors have also modified their holdings of the business. Great Valley Advisor Group Inc. raised its holdings in shares of EOG Resources by 5.8% in the third quarter. Great Valley Advisor Group Inc. now owns 1,743 shares of the energy exploration company's stock valued at $214,000 after buying an additional 95 shares during the last quarter. Kingsview Wealth Management LLC increased its position in EOG Resources by 41.0% in the 3rd quarter. Kingsview Wealth Management LLC now owns 4,490 shares of the energy exploration company's stock valued at $552,000 after acquiring an additional 1,305 shares during the period. Private Trust Co. NA raised its stake in EOG Resources by 9.4% during the 3rd quarter. Private Trust Co. NA now owns 1,683 shares of the energy exploration company's stock valued at $207,000 after acquiring an additional 144 shares during the last quarter. Quantbot Technologies LP acquired a new stake in EOG Resources during the 3rd quarter worth approximately $1,443,000. Finally, Avestar Capital LLC grew its stake in shares of EOG Resources by 37.8% in the 3rd quarter. Avestar Capital LLC now owns 2,594 shares of the energy exploration company's stock valued at $319,000 after purchasing an additional 711 shares during the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Remove Ads

EOG Resources Trading Up 0.8 %

Shares of EOG Resources stock traded up $1.02 during trading hours on Tuesday, reaching $129.26. 1,926,383 shares of the company's stock were exchanged, compared to its average volume of 3,099,855. The firm has a market capitalization of $71.60 billion, a price-to-earnings ratio of 10.41, a price-to-earnings-growth ratio of 3.58 and a beta of 1.25. The company has a current ratio of 2.31, a quick ratio of 2.07 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a 52-week low of $115.78 and a 52-week high of $139.67. The company has a fifty day moving average of $127.93 and a 200-day moving average of $127.92.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings results on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $2.55 by $0.19. The firm had revenue of $5.59 billion for the quarter, compared to analyst estimates of $5.96 billion. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. Sell-side analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.975 dividend. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 dividend on an annualized basis and a yield of 3.02%. EOG Resources's payout ratio is 34.73%.

Wall Street Analyst Weigh In

EOG has been the topic of several recent analyst reports. Wolfe Research upgraded shares of EOG Resources from a "peer perform" rating to an "outperform" rating and set a $143.00 target price on the stock in a research report on Friday, January 3rd. Morgan Stanley lowered their price target on EOG Resources from $142.00 to $136.00 and set an "equal weight" rating on the stock in a report on Thursday, March 27th. Piper Sandler reduced their price objective on EOG Resources from $141.00 to $135.00 and set a "neutral" rating for the company in a report on Thursday, March 6th. UBS Group lowered their target price on EOG Resources from $165.00 to $160.00 and set a "buy" rating on the stock in a report on Tuesday, March 4th. Finally, Citigroup decreased their price objective on shares of EOG Resources from $134.00 to $125.00 and set a "neutral" rating on the stock in a research report on Monday, March 17th. Thirteen research analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the company has an average rating of "Hold" and an average price target of $144.67.

EOG Resources Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.