Aristotle Atlantic Partners LLC Makes New $578,000 Investment in EOG Resources, Inc. $EOG

Aristotle Atlantic Partners LLC purchased a new stake in shares of EOG Resources, Inc. (NYSE:EOG) during the 1st quarter, Holdings Channel.com reports. The fund purchased 4,000 shares of the energy exploration company’s stock, valued at approximately $578,000.

A number of other hedge funds have also modified their holdings of the company. Arrowstreet Capital Limited Partnership raised its holdings in EOG Resources by 898.6% during the first quarter. Arrowstreet Capital Limited Partnership now owns 1,420,839 shares of the energy exploration company’s stock valued at $205,411,000 after acquiring an additional 1,278,555 shares during the period. Franklin Resources Inc. lifted its position in shares of EOG Resources by 24.2% in the fourth quarter. Franklin Resources Inc. now owns 6,443,453 shares of the energy exploration company’s stock valued at $676,627,000 after acquiring an additional 1,257,110 shares in the last quarter. First Trust Advisors LP boosted its stake in shares of EOG Resources by 70.5% in the fourth quarter. First Trust Advisors LP now owns 2,977,912 shares of the energy exploration company’s stock worth $312,711,000 after acquiring an additional 1,231,366 shares during the period. Marshall Wace LLP boosted its stake in shares of EOG Resources by 474.7% in the fourth quarter. Marshall Wace LLP now owns 1,318,254 shares of the energy exploration company’s stock worth $138,430,000 after acquiring an additional 1,088,867 shares during the period. Finally, Bank of New York Mellon Corp boosted its stake in shares of EOG Resources by 23.9% in the fourth quarter. Bank of New York Mellon Corp now owns 4,669,969 shares of the energy exploration company’s stock worth $490,394,000 after acquiring an additional 901,897 shares during the period. 89.91% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the company. Williams Trading set a $177.00 target price on EOG Resources in a research note on Monday, April 20th. DA Davidson upped their price target on EOG Resources from $148.00 to $153.00 and gave the stock a “buy” rating in a research note on Thursday, May 7th. UBS Group cut their price objective on shares of EOG Resources from $168.00 to $158.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Piper Sandler lifted their price objective on shares of EOG Resources from $144.00 to $147.00 and gave the company a “neutral” rating in a research report on Wednesday, April 1st. Finally, Wall Street Zen raised shares of EOG Resources from a “hold” rating to a “buy” rating in a report on Saturday, May 9th. One equities research 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 company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $155.32.

EOG Resources Trading Up 0.8%

EOG stock opened at $146.62 on Friday. The firm has a fifty day moving average price of $136.76 and a 200 day moving average price of $129.90. EOG Resources, Inc. has a fifty-two week low of $101.59 and a fifty-two week high of $151.87. The firm has a market cap of $78.09 billion, a PE ratio of 14.43 and a beta of 0.25. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72.

EOG Resources (NYSE:EOG) last released its quarterly earnings data 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 net margin of 23.01% and a return on equity of 19.25%. The business had revenue of $6.92 billion during the quarter, compared to analyst estimates of $6.18 billion. During the same quarter last year, the business earned $2.87 earnings per share. EOG Resources’s quarterly revenue was up 22.1% compared to the same quarter last year. Sell-side analysts anticipate that EOG Resources, Inc. will post 16.16 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate to $4.80 from $4.67, signaling improved expectations for near-term profitability.
• Positive Sentiment: The firm also increased its Q4 2026 EPS estimate to $3.50 from $3.36 and lifted its Q1 2028 and FY2028 EPS forecasts, which suggests a somewhat better longer-term earnings outlook.
• Neutral Sentiment: Zacks Research kept a Hold rating on EOG, so the updates were not an outright bullish recommendation despite the higher estimates.
• Negative Sentiment: Some forecasts were reduced, including Q3 2026 EPS, Q1 2027 EPS, Q2 2027 EPS, FY2026 EPS and FY2027 EPS, which could temper enthusiasm about future earnings growth.

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.