EOG Resources, Inc. (NYSE:EOG) Stock Holdings Raised by Schroder Investment Management Group

Schroder Investment Management Group raised its stake in EOG Resources, Inc. (NYSE:EOG - Free Report) by 6.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 1,234,454 shares of the energy exploration company's stock after acquiring an additional 71,996 shares during the quarter. Schroder Investment Management Group owned approximately 0.22% of EOG Resources worth $148,850,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Charles Schwab Investment Management Inc. raised its stake in EOG Resources by 4.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,192,314 shares of the energy exploration company's stock valued at $2,230,014,000 after purchasing an additional 781,282 shares during the last quarter. Geode Capital Management LLC grew its holdings in shares of EOG Resources by 1.5% during the third quarter. Geode Capital Management LLC now owns 12,315,735 shares of the energy exploration company's stock worth $1,513,446,000 after buying an additional 180,755 shares in the last quarter. Franklin Resources Inc. lifted its stake in shares of EOG Resources by 64.7% during the third quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company's stock valued at $694,717,000 after buying an additional 2,076,134 shares during the period. Pacer Advisors Inc. boosted its position in EOG Resources by 5.0% during the fourth quarter. Pacer Advisors Inc. now owns 4,469,142 shares of the energy exploration company's stock worth $547,827,000 after acquiring an additional 214,497 shares during the last quarter. Finally, Wealthfront Advisers LLC boosted its position in EOG Resources by 4,642.2% during the fourth quarter. Wealthfront Advisers LLC now owns 2,852,238 shares of the energy exploration company's stock worth $349,627,000 after acquiring an additional 2,792,092 shares during the last quarter. 89.91% of the stock is currently owned by hedge funds and other institutional investors.

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EOG Resources Stock Up 0.8 %

Shares of NYSE EOG traded up $1.02 during trading on Tuesday, reaching $129.26. 1,926,383 shares of the stock were exchanged, compared to its average volume of 3,099,855. The company 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 business's 50-day moving average price is $127.93 and its 200 day moving average price is $127.92. The company has a quick ratio of 2.07, a current ratio of 2.31 and a debt-to-equity ratio of 0.13. EOG Resources, Inc. has a twelve month low of $115.78 and a twelve month high of $139.67.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 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 net margin of 29.18% and a return on equity of 23.77%. As a group, equities analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Shareholders of record on Wednesday, April 16th will be issued a dividend of $0.975 per share. The ex-dividend date of this dividend is Wednesday, April 16th. This represents a $3.90 annualized dividend and a yield of 3.02%. EOG Resources's dividend payout ratio is presently 34.73%.

Wall Street Analyst Weigh In

A number of research analysts have weighed in on EOG shares. Benchmark reissued a "hold" rating on shares of EOG Resources in a research note on Monday, January 13th. JPMorgan Chase & Co. decreased their price target on EOG Resources from $149.00 to $132.00 and set a "neutral" rating on the stock in a research note on Thursday, March 13th. StockNews.com lowered shares of EOG Resources from a "buy" rating to a "hold" rating in a report on Friday, February 21st. Morgan Stanley dropped their price target on shares of EOG Resources from $142.00 to $136.00 and set an "equal weight" rating for the company in a research report on Thursday, March 27th. Finally, Williams Trading set a $154.00 price objective on shares of EOG Resources in a research note on Wednesday, March 5th. Thirteen equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Hold" and an average price target of $144.67.

About EOG Resources

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.