Retirement Systems of Alabama Has $31.79 Million Stock Position in Range Resources Corporation $RRC

Retirement Systems of Alabama grew its position in Range Resources Corporation (NYSE:RRCFree Report) by 37.6% in the third quarter, Holdings Channel.com reports. The fund owned 844,588 shares of the oil and gas exploration company’s stock after buying an additional 230,907 shares during the period. Retirement Systems of Alabama’s holdings in Range Resources were worth $31,790,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of RRC. CWA Asset Management Group LLC increased its holdings in Range Resources by 43.5% in the 3rd quarter. CWA Asset Management Group LLC now owns 388,569 shares of the oil and gas exploration company’s stock valued at $14,626,000 after buying an additional 117,722 shares during the period. Laffer Tengler Investments Inc. acquired a new stake in shares of Range Resources during the 2nd quarter valued at about $370,000. Farther Finance Advisors LLC increased its stake in Range Resources by 116.0% in the second quarter. Farther Finance Advisors LLC now owns 4,094 shares of the oil and gas exploration company’s stock valued at $167,000 after acquiring an additional 2,199 shares during the period. Congress Asset Management Co. raised its position in Range Resources by 12.1% in the third quarter. Congress Asset Management Co. now owns 539,285 shares of the oil and gas exploration company’s stock worth $20,299,000 after purchasing an additional 58,335 shares in the last quarter. Finally, Builder Investment Group Inc. ADV lifted its stake in Range Resources by 84.5% during the third quarter. Builder Investment Group Inc. ADV now owns 136,820 shares of the oil and gas exploration company’s stock worth $5,150,000 after purchasing an additional 62,675 shares during the period. 98.93% of the stock is currently owned by institutional investors.

Key Headlines Impacting Range Resources

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

  • Neutral Sentiment: Article assessing valuation after recent share strength notes that RRC’s rally occurred with little fresh company news, raising questions about whether the move is driven by fundamentals or broader sector flows. Investors should watch valuation metrics and whether momentum is sustained. Assessing Range Resources (RRC) Valuation After Recent Share Price Strength Without Major News
  • Neutral Sentiment: Analyst roundup coverage provides additional perspective on RRC relative to peers; this piece offers context but no single analyst action that would be an immediate catalyst. Use it to gauge consensus views and compare to other energy names. Analysts Offer Insights on Energy Companies: Amplitude Energy and Range Resources
  • Negative Sentiment: Zacks Research downgraded RRC to a “Strong Sell” and lowered multiple EPS forecasts, signaling near-term earnings risk: Q4 2025 EPS cut to $0.65 (from $0.70), Q1 2026 to $0.81 (from $0.88), Q3 2026 to $0.60 (from $0.70), FY2025 to $2.72 (from $2.77) and FY2026 to $2.69 (from $2.82). The downgrade and revisions are the main near-term negative catalyst and could pressure the stock if others follow or if commodity/operational outlook weakens. Zacks Research (downgrade and estimate cuts)

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on RRC shares. Morgan Stanley decreased their price objective on Range Resources from $42.00 to $40.00 and set an “equal weight” rating on the stock in a report on Friday. Weiss Ratings restated a “hold (c)” rating on shares of Range Resources in a research report on Monday, December 29th. Mizuho upped their price target on Range Resources from $46.00 to $48.00 and gave the company an “outperform” rating in a research report on Friday, December 12th. Citigroup dropped their price objective on Range Resources from $39.00 to $36.00 and set a “neutral” rating for the company in a research note on Monday, January 12th. Finally, Bank of America reissued a “neutral” rating and set a $38.00 price objective (down from $44.00) on shares of Range Resources in a report on Friday, January 16th. One research analyst has rated the stock with a Strong Buy rating, three have assigned a Buy rating, thirteen have assigned a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $41.22.

Check Out Our Latest Stock Report on Range Resources

Range Resources Trading Up 0.7%

Shares of RRC opened at $36.37 on Monday. The stock has a fifty day moving average price of $36.27 and a two-hundred day moving average price of $36.16. The company has a debt-to-equity ratio of 0.29, a quick ratio of 0.56 and a current ratio of 0.56. Range Resources Corporation has a 52-week low of $30.32 and a 52-week high of $43.50. The company has a market cap of $8.62 billion, a price-to-earnings ratio of 15.28, a PEG ratio of 0.36 and a beta of 0.51.

Range Resources (NYSE:RRCGet Free Report) last announced its earnings results on Tuesday, October 28th. The oil and gas exploration company reported $0.57 EPS for the quarter, topping the consensus estimate of $0.54 by $0.03. Range Resources had a return on equity of 15.99% and a net margin of 19.64%.The company had revenue of $655.30 million for the quarter, compared to analysts’ expectations of $721.22 million. During the same quarter in the prior year, the business earned $0.48 earnings per share. The business’s revenue for the quarter was up 21.7% on a year-over-year basis. Analysts predict that Range Resources Corporation will post 2.02 EPS for the current fiscal year.

Range Resources Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, December 26th. Shareholders of record on Friday, December 12th were issued a dividend of $0.09 per share. The ex-dividend date of this dividend was Friday, December 12th. This represents a $0.36 dividend on an annualized basis and a yield of 1.0%. Range Resources’s dividend payout ratio is currently 15.13%.

Range Resources Profile

(Free Report)

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.

The company’s technical expertise centers on advanced horizontal drilling and hydraulic fracturing techniques, which it applies to unlock unconventional resources.

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Institutional Ownership by Quarter for Range Resources (NYSE:RRC)

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