4,859 Shares in EOG Resources, Inc. $EOG Purchased by Fideuram Asset Management Ireland dac

Fideuram Asset Management Ireland dac acquired a new position in shares of EOG Resources, Inc. (NYSE:EOG) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm acquired 4,859 shares of the energy exploration company’s stock, valued at approximately $510,000.

A number of other hedge funds have also modified their holdings of the company. Bollard Group LLC grew its holdings in shares of EOG Resources by 0.8% during the third quarter. Bollard Group LLC now owns 11,747 shares of the energy exploration company’s stock worth $1,317,000 after buying an additional 93 shares in the last quarter. Hardy Reed LLC grew its holdings in shares of EOG Resources by 4.5% during the third quarter. Hardy Reed LLC now owns 2,267 shares of the energy exploration company’s stock worth $254,000 after buying an additional 97 shares in the last quarter. RKL Wealth Management LLC grew its holdings in shares of EOG Resources by 0.5% during the third quarter. RKL Wealth Management LLC now owns 21,235 shares of the energy exploration company’s stock worth $2,381,000 after buying an additional 98 shares in the last quarter. CoreFirst Bank & Trust grew its holdings in shares of EOG Resources by 18.5% during the third quarter. CoreFirst Bank & Trust now owns 640 shares of the energy exploration company’s stock worth $72,000 after buying an additional 100 shares in the last quarter. Finally, Ethos Financial Group LLC grew its holdings in shares of EOG Resources by 2.5% during the fourth quarter. Ethos Financial Group LLC now owns 4,180 shares of the energy exploration company’s stock worth $439,000 after buying an additional 100 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, COO Jeffrey R. Leitzell sold 5,698 shares of the firm’s stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer directly owned 88,045 shares of the company’s stock, valued at $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total value 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 16,230 shares of company stock valued at $2,272,568. Insiders own 0.14% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts recently issued reports on the company. Wells Fargo & Company set a $196.00 price objective on EOG Resources and gave the stock an “overweight” rating in a report on Wednesday, May 13th. Wolfe Research increased their price objective on EOG Resources from $152.00 to $154.00 and gave the stock an “outperform” rating in a report on Monday, April 6th. Susquehanna increased their price objective on EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a report on Tuesday, April 21st. Royal Bank Of Canada increased their price objective on EOG Resources from $138.00 to $175.00 and gave the stock an “outperform” rating in a report on Wednesday, April 8th. Finally, Barclays increased their price target on EOG Resources from $140.00 to $153.00 and gave the company an “equal weight” rating in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have issued a Hold rating to the stock. Based on data from MarketBeat, EOG Resources has a consensus rating of “Moderate Buy” and a consensus price target of $156.39.

EOG Resources Stock Performance

Shares of NYSE EOG opened at $133.55 on Friday. The stock has a 50 day moving average price of $138.01 and a 200 day moving average price of $121.76. 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 stock has a market capitalization of $71.13 billion, a PE ratio of 13.14 and a beta of 0.27.

EOG Resources (NYSE:EOG) last issued its quarterly earnings results 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 firm had revenue of $6.92 billion during the quarter, compared to analysts’ expectations of $6.18 billion. During the same period in the prior year, the firm posted $2.87 earnings per share. The business’s quarterly revenue was up 22.1% compared to the same quarter last year. Analysts predict that EOG Resources, Inc. will post 15.67 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be given a $1.02 dividend. 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 dividend payout ratio (DPR) is presently 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.