Massachusetts Financial Services Co. MA Trims Holdings in EOG Resources, Inc. $EOG

Massachusetts Financial Services Co. MA lessened its stake in EOG Resources, Inc. (NYSE:EOG) by 1.2% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 5,268,004 shares of the energy exploration company’s stock after selling 63,686 shares during the period. Massachusetts Financial Services Co. MA owned about 0.96% of EOG Resources worth $590,649,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in EOG. Pallas Capital Advisors LLC increased its position in shares of EOG Resources by 38.2% in the 2nd quarter. Pallas Capital Advisors LLC now owns 4,446 shares of the energy exploration company’s stock worth $532,000 after purchasing an additional 1,230 shares during the last quarter. Sivia Capital Partners LLC acquired a new position in EOG Resources in the second quarter worth about $258,000. Assenagon Asset Management S.A. grew its stake in EOG Resources by 28.8% in the second quarter. Assenagon Asset Management S.A. now owns 304,917 shares of the energy exploration company’s stock worth $36,471,000 after purchasing an additional 68,136 shares in the last quarter. SeaCrest Wealth Management LLC increased its holdings in EOG Resources by 14.4% in the second quarter. SeaCrest Wealth Management LLC now owns 2,406 shares of the energy exploration company’s stock valued at $288,000 after buying an additional 303 shares during the last quarter. Finally, Silver Oak Securities Incorporated raised its stake in EOG Resources by 34.3% during the second quarter. Silver Oak Securities Incorporated now owns 3,713 shares of the energy exploration company’s stock valued at $444,000 after buying an additional 948 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other EOG Resources news, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 31st. The shares were sold at an average price of $105.68, for a total value of $211,360.00. Following the sale, the chief operating officer owned 54,979 shares in the company, valued at approximately $5,810,180.72. This trade represents a 3.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Company insiders own 0.13% of the company’s stock.

EOG Resources Price Performance

Shares of EOG opened at $105.33 on Monday. The company has a market cap of $57.15 billion, a P/E ratio of 10.49, a PEG ratio of 8.32 and a beta of 0.49. The stock has a fifty day moving average price of $106.88 and a 200 day moving average price of $112.65. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.62 and a quick ratio of 1.43. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $137.86.

EOG Resources (NYSE:EOG) last posted its earnings results on Thursday, November 6th. The energy exploration company reported $2.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.42 by $0.29. EOG Resources had a return on equity of 19.80% and a net margin of 24.49%.The company had revenue of $5.85 billion for the quarter, compared to analysts’ expectations of $5.48 billion. During the same period last year, the business posted $2.89 earnings per share. The firm’s quarterly revenue was down 2.0% compared to the same quarter last year. On average, research analysts forecast that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, January 30th. Shareholders of record on Friday, January 16th will be paid a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a yield of 3.9%. The ex-dividend date of this dividend is Friday, January 16th. EOG Resources’s payout ratio is presently 40.64%.

Analyst Upgrades and Downgrades

Several brokerages have recently commented on EOG. Siebert Williams Shank decreased their target price on EOG Resources from $155.00 to $145.00 and set a “buy” rating for the company in a research report on Monday, October 13th. The Goldman Sachs Group reduced their price objective on EOG Resources from $130.00 to $125.00 and set a “neutral” rating on the stock in a research note on Wednesday, October 15th. Scotiabank set a $123.00 price objective on shares of EOG Resources and gave the stock a “sector perform” rating in a report on Friday. Mizuho set a $134.00 target price on shares of EOG Resources and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Capital One Financial reduced their price target on shares of EOG Resources from $131.00 to $130.00 and set an “overweight” rating on the stock in a research report on Thursday, January 8th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $137.00.

More EOG Resources News

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

• Positive Sentiment: EOG is highlighted for expanding natural‑gas production and pursuing opportunities to supply power for data centers, a potential structural demand tailwind that could diversify revenue and support longer‑term valuation. EOG Resources: Building Out Natural Gas Production Will Help It Power Data Centers
• Neutral Sentiment: BMO Capital Markets trimmed its price target to $120 from $126 but kept an “outperform” rating — a modestly negative signal on near‑term upside while retaining a constructive view on the name. MarketScreener TickerReport
• Neutral Sentiment: Marketplace coverage notes mixed analyst views on EOG versus peers, signaling divergent expectations across the sell‑side that can keep trading volatile. Analysts Conflicted on These Energy Names
• Neutral Sentiment: Consensus analyst rating recently reported as “Hold,” which reflects mixed expectations and may limit broad bullish momentum until clearer catalysts appear. EOG Receives Consensus Rating of “Hold” from Analysts
• Negative Sentiment: Zacks lowered near‑term and full‑year EPS forecasts across multiple quarters (Q2‑2026, Q3‑2026, FY2026) and trimmed Q1‑ and Q2‑2027 estimates — FY2026 fell to $8.78 from $8.94 and several quarter estimates were reduced. These cuts reduce street earnings expectations and are the primary analyst‑driven pressure on the stock today.

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.