NFJ Investment Group LLC Buys 228,709 Shares of EOG Resources, Inc. $EOG

NFJ Investment Group LLC increased its stake in EOG Resources, Inc. (NYSE:EOG) by 173.0% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 360,916 shares of the energy exploration company’s stock after purchasing an additional 228,709 shares during the period. EOG Resources makes up 1.6% of NFJ Investment Group LLC’s holdings, making the stock its 14th largest position. NFJ Investment Group LLC owned approximately 0.07% of EOG Resources worth $46,822,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Summitry LLC boosted its position in shares of EOG Resources by 1.5% during the first quarter. Summitry LLC now owns 4,832 shares of the energy exploration company’s stock worth $699,000 after buying an additional 73 shares during the period. Twin Capital Management Inc. lifted its stake in EOG Resources by 0.3% in the 1st quarter. Twin Capital Management Inc. now owns 23,980 shares of the energy exploration company’s stock valued at $3,467,000 after acquiring an additional 79 shares in the last quarter. Sax Wealth Advisors LLC boosted its position in EOG Resources by 2.8% during the 2nd quarter. Sax Wealth Advisors LLC now owns 2,907 shares of the energy exploration company’s stock worth $377,000 after acquiring an additional 79 shares during the last quarter. Paladin Wealth LLC boosted its position in EOG Resources by 5.3% during the 2nd quarter. Paladin Wealth LLC now owns 1,593 shares of the energy exploration company’s stock worth $207,000 after acquiring an additional 80 shares during the last quarter. Finally, Hardy Reed LLC grew its stake in shares of EOG Resources by 3.8% during the 1st quarter. Hardy Reed LLC now owns 2,251 shares of the energy exploration company’s stock worth $325,000 after acquiring an additional 82 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Stock Performance

NYSE EOG opened at $152.33 on Friday. The firm has a market capitalization of $79.90 billion, a P/E ratio of 11.85, a price-to-earnings-growth ratio of 0.56 and a beta of 0.25. The company has a current ratio of 1.85, a quick ratio of 1.68 and a debt-to-equity ratio of 0.25. The firm’s fifty day moving average price is $138.42 and its two-hundred day moving average price is $134.87. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $153.67.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Tuesday, August 4th. The energy exploration company reported $5.07 EPS for the quarter, beating analysts’ consensus estimates of $4.97 by $0.10. The company had revenue of $8.62 billion during the quarter, compared to the consensus estimate of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company’s quarterly revenue was up 57.4% on a year-over-year basis. During the same quarter last year, the firm posted $2.32 EPS. As a group, research analysts anticipate that EOG Resources, Inc. will post 16.55 EPS for the current year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be paid a $1.02 dividend. The ex-dividend date is Friday, October 16th. This represents a $4.08 annualized dividend and a yield of 2.7%. EOG Resources’s dividend payout ratio is currently 31.75%.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on EOG shares. Citigroup lowered their price objective on shares of EOG Resources from $147.00 to $141.00 and set a “neutral” rating on the stock in a report on Wednesday, July 8th. Capital One Financial reduced their target price on shares of EOG Resources from $161.00 to $159.00 and set an “overweight” rating for the company in a report on Wednesday, June 3rd. UBS Group decreased their target price on shares of EOG Resources from $168.00 to $158.00 and set a “buy” rating for the company in a research report on Thursday, July 2nd. Mizuho set a $157.00 price target on shares of EOG Resources and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Finally, Raymond James Financial reissued a “strong-buy” rating and set a $183.00 price target on shares of EOG Resources in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and seventeen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $155.41.

EOG Resources News Summary

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

• Positive Sentiment: Zacks raised its estimates for EOG’s third-quarter 2026 EPS to $4.42 from $3.87, full-year 2026 EPS to $16.78 from $15.59, first-quarter 2027 EPS to $4.08 from $3.47, and full-year 2027 EPS to $14.03 from $13.05. The upward revisions suggest stronger expected near-term profitability and are the primary bullish catalyst. EOG Resources analyst estimates
• Positive Sentiment: Zacks also increased estimates for fourth-quarter 2026 EPS to $3.88, fourth-quarter 2027 EPS to $3.33, first-quarter 2028 EPS to $3.50, and full-year 2028 EPS to $13.18. These revisions indicate analysts continue to see support for EOG’s earnings outlook beyond 2026.
• Neutral Sentiment: Zacks maintained a “Hold” rating, tempering the impact of the higher forecasts. The current-year consensus EPS estimate remains $16.43, while the company’s latest reported quarter exceeded expectations and revenue increased sharply year over year.
• Negative Sentiment: Some longer-term estimates were reduced: second-quarter 2027 EPS fell to $3.26 from $3.33, and second-quarter 2028 EPS declined to $3.10 from $3.49. These cuts point to possible moderation in earnings growth later in the forecast period.
• Negative Sentiment: Higher Treasury yields—including the 30-year yield briefly reaching a 19-year high—could pressure income-oriented and valuation-sensitive energy stocks by making bonds more competitive and raising financing costs. Dividend Stocks Lost the Yield War But May Still Beat the Market

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.