Glenview Trust Co Has $12.25 Million Stock Holdings in EOG Resources, Inc. $EOG

Glenview Trust Co lessened its position in EOG Resources, Inc. (NYSE:EOG) by 4.0% during the 4th quarter, Holdings Channel reports. The firm owned 116,646 shares of the energy exploration company’s stock after selling 4,923 shares during the quarter. Glenview Trust Co’s holdings in EOG Resources were worth $12,249,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. Hantz Financial Services Inc. boosted its stake in shares of EOG Resources by 37.6% in the 4th quarter. Hantz Financial Services Inc. now owns 1,867 shares of the energy exploration company’s stock valued at $196,000 after purchasing an additional 510 shares in the last quarter. Mondrian Investment Partners LTD boosted its stake in shares of EOG Resources by 43.7% in the 4th quarter. Mondrian Investment Partners LTD now owns 7,820 shares of the energy exploration company’s stock valued at $821,000 after purchasing an additional 2,377 shares in the last quarter. Swedbank AB boosted its stake in shares of EOG Resources by 0.6% in the 4th quarter. Swedbank AB now owns 525,677 shares of the energy exploration company’s stock valued at $55,201,000 after purchasing an additional 2,904 shares in the last quarter. Strategic Financial Concepts LLC acquired a new stake in shares of EOG Resources in the 4th quarter valued at $420,000. Finally, MQS Management LLC boosted its stake in shares of EOG Resources by 12.2% in the 4th quarter. MQS Management LLC now owns 8,389 shares of the energy exploration company’s stock valued at $881,000 after purchasing an additional 915 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently commented on EOG shares. Wells Fargo & Company set a $196.00 target price on shares of EOG Resources and gave the company an “overweight” rating in a research note on Wednesday, May 13th. Piper Sandler boosted their target price on shares of EOG Resources from $144.00 to $147.00 and gave the company a “neutral” rating in a research note on Wednesday, April 1st. Scotiabank upped their price target on shares of EOG Resources from $123.00 to $139.00 and gave the stock a “sector perform” rating in a research report on Wednesday, April 22nd. Wall Street Zen upgraded shares of EOG Resources from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Finally, Weiss Ratings upgraded shares of EOG Resources from a “hold (c+)” rating to a “buy (b-)” rating in a research report on Wednesday, May 13th. Two equities research analysts have rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and fifteen have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $155.64.

Insider Activity

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the business’s stock in a transaction dated Thursday, March 19th. The stock was sold at an average price of $140.04, for a total transaction of $582,706.44. Following the completion of the sale, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. The trade was a 3.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the business’s stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $13,234,924.40. This represents a 6.08% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 16,230 shares of company stock valued at $2,272,568 over the last three months. Company insiders own 0.14% of the company’s stock.

EOG Resources Stock Up 0.1%

Shares of NYSE EOG opened at $141.43 on Monday. The firm’s 50-day simple moving average is $137.91 and its 200 day simple moving average is $120.79. The company has a market cap of $75.33 billion, a price-to-earnings ratio of 13.92 and a beta of 0.27. The company has a quick ratio of 1.53, a current ratio of 1.72 and a debt-to-equity ratio of 0.26. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $151.87.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.23 by $0.18. The business had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm’s quarterly revenue was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.87 EPS. On average, research analysts expect that EOG Resources, Inc. will post 15.67 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.9%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s payout ratio is currently 40.16%.

EOG Resources News Roundup

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

• Positive Sentiment: EOG expanded its share repurchase authorization to $20 billion, signaling aggressive capital returns and confidence in future cash generation.
• Positive Sentiment: The company has been highlighted for record free cash flow and its plan to return at least 70% of free cash flow to shareholders through dividends and buybacks.
• Positive Sentiment: Zacks Research upgraded EOG to Strong Buy and raised multiple earnings estimates for 2026-2028, suggesting improving profit expectations.
• Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, while maintaining an equal-weight rating, reflecting slightly improved valuation expectations.
• Positive Sentiment: EOG was also added to Zacks’ Strong Buy and best income stocks lists, adding to the bullish tone around the name.
• Neutral Sentiment: Analysts continue to describe EOG as a disciplined, cash-focused oil and gas producer with ongoing international expansion and acquisitions, which supports the long-term outlook but is not an immediate catalyst.

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.