Rothschild Capital Partners LLC purchased a new position in shares of EOG Resources Inc. (NYSE:EOG) during the second quarter, Holdings Channel reports. The firm purchased 27,250 shares of the energy exploration company’s stock, valued at approximately $2,273,000.

Other large investors have also made changes to their positions in the company. State Street Corp raised its stake in shares of EOG Resources by 1.6% in the first quarter. State Street Corp now owns 26,795,315 shares of the energy exploration company’s stock worth $1,944,806,000 after buying an additional 434,140 shares during the last quarter. Wellington Management Group LLP raised its stake in shares of EOG Resources by 7.7% in the first quarter. Wellington Management Group LLP now owns 19,754,733 shares of the energy exploration company’s stock worth $1,433,799,000 after buying an additional 1,419,018 shares during the last quarter. JPMorgan Chase & Co. raised its stake in shares of EOG Resources by 25.1% in the first quarter. JPMorgan Chase & Co. now owns 10,518,779 shares of the energy exploration company’s stock worth $763,452,000 after buying an additional 2,107,452 shares during the last quarter. TIAA CREF Investment Management LLC raised its stake in shares of EOG Resources by 17.4% in the first quarter. TIAA CREF Investment Management LLC now owns 6,705,925 shares of the energy exploration company’s stock worth $486,716,000 after buying an additional 994,020 shares during the last quarter. Finally, Geode Capital Management LLC raised its stake in shares of EOG Resources by 3.0% in the first quarter. Geode Capital Management LLC now owns 4,387,988 shares of the energy exploration company’s stock worth $317,824,000 after buying an additional 125,955 shares during the last quarter. Hedge funds and other institutional investors own 89.23% of the company’s stock.

EOG Resources Inc. (NYSE:EOG) traded up 0.39% during trading on Tuesday, reaching $90.40. The company’s stock had a trading volume of 3,050,139 shares. The company’s 50 day moving average price is $90.15 and its 200-day moving average price is $82.21. The stock’s market cap is $49.78 billion. EOG Resources Inc. has a 1-year low of $57.15 and a 1-year high of $95.93.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Friday, August 5th. The energy exploration company reported ($0.38) earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of ($0.48) by $0.10. EOG Resources had a negative return on equity of 6.32% and a negative net margin of 72.18%. The company earned $1.78 billion during the quarter, compared to analysts’ expectations of $1.57 billion. During the same period last year, the firm posted $0.28 earnings per share. The business’s revenue was down 28.1% on a year-over-year basis. Equities analysts forecast that EOG Resources Inc. will post ($1.67) earnings per share for the current fiscal year.

A number of equities research analysts have commented on EOG shares. Barclays PLC raised their price objective on EOG Resources from $83.00 to $84.00 and gave the stock an “overweight” rating in a research report on Thursday, July 14th. Bank of America Corp. set a $100.00 price objective on EOG Resources and gave the stock a “hold” rating in a research report on Friday, August 5th. Credit Suisse Group AG restated a “hold” rating and set a $90.00 price objective on shares of EOG Resources in a research report on Tuesday, August 9th. Zacks Investment Research upgraded EOG Resources from a “hold” rating to a “buy” rating and set a $91.00 price objective for the company in a research report on Monday, July 25th. Finally, Deutsche Bank AG upgraded EOG Resources from a “hold” rating to a “buy” rating and raised their price objective for the stock from $83.00 to $96.00 in a research report on Friday, August 5th. Three research analysts have rated the stock with a sell rating, fifteen have issued a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of $91.96.

In other news, Director Frank G. Wisner sold 2,026 shares of the firm’s stock in a transaction that occurred on Monday, September 12th. The stock was sold at an average price of $92.65, for a total value of $187,708.90. Following the completion of the sale, the director now directly owns 113,125 shares of the company’s stock, valued at $10,481,031.25. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, EVP Lloyd W. Helms, Jr. sold 4,875 shares of the firm’s stock in a transaction that occurred on Friday, July 8th. The shares were sold at an average price of $81.82, for a total value of $398,872.50. Following the completion of the sale, the executive vice president now directly owns 59,032 shares of the company’s stock, valued at $4,829,998.24. The disclosure for this sale can be found here. 0.52% of the stock is owned by insiders.

EOG Resources Company Profile

EOG Resources, Inc (EOG) explores for, develops, produces and markets crude oil and natural gas primarily in major producing basins in the United States, The Republic of Trinidad and Tobago (Trinidad), the United Kingdom, The People’s Republic of China (China), Canada and, from time to time, select other international areas.

5 Day Chart for NYSE:EOG

Want to see what other hedge funds are holding EOG? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for EOG Resources Inc. (NYSE:EOG).

Receive News & Ratings for EOG Resources Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for EOG Resources Inc. and related companies with MarketBeat.com's FREE daily email newsletter.