Fiera Capital Corp Buys 11,774 Shares of EOG Resources, Inc. $EOG

Fiera Capital Corp raised its stake in EOG Resources, Inc. (NYSE:EOG) by 20.7% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 68,635 shares of the energy exploration company’s stock after acquiring an additional 11,774 shares during the period. Fiera Capital Corp’s holdings in EOG Resources were worth $7,695,000 as of its most recent SEC filing.

Several other hedge funds have also recently bought and sold shares of EOG. Graham Capital Wealth Management LLC grew its holdings in shares of EOG Resources by 1.2% in the 3rd quarter. Graham Capital Wealth Management LLC now owns 25,707 shares of the energy exploration company’s stock worth $2,882,000 after purchasing an additional 300 shares during the last quarter. NewEdge Wealth LLC boosted its position in EOG Resources by 40.5% in the third quarter. NewEdge Wealth LLC now owns 356,650 shares of the energy exploration company’s stock valued at $37,516,000 after buying an additional 102,727 shares in the last quarter. Alberta Investment Management Corp grew its stake in EOG Resources by 254.5% during the third quarter. Alberta Investment Management Corp now owns 19,500 shares of the energy exploration company’s stock worth $2,186,000 after buying an additional 14,000 shares during the last quarter. Syon Capital LLC increased its holdings in shares of EOG Resources by 3.3% during the third quarter. Syon Capital LLC now owns 5,679 shares of the energy exploration company’s stock worth $637,000 after buying an additional 181 shares in the last quarter. Finally, Waycross Partners LLC raised its stake in shares of EOG Resources by 2.3% in the third quarter. Waycross Partners LLC now owns 132,179 shares of the energy exploration company’s stock valued at $14,820,000 after acquiring an additional 2,935 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at EOG Resources

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on EOG shares. Roth Mkm decreased their price target on EOG Resources from $114.00 to $108.00 and set a “neutral” rating on the stock in a research report on Friday, January 23rd. Stephens increased their target price on EOG Resources from $138.00 to $139.00 and gave the stock an “equal weight” rating in a report on Thursday, February 12th. Sanford C. Bernstein restated a “market perform” rating and issued a $126.00 target price (down from $144.00) on shares of EOG Resources in a research note on Monday, January 5th. Royal Bank Of Canada set a $138.00 price target on shares of EOG Resources and gave the stock an “outperform” rating in a research report on Tuesday, January 13th. Finally, Mizuho set a $134.00 price objective on shares of EOG Resources and gave the stock a “neutral” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $134.30.

EOG Resources Trading Down 0.7%

Shares of EOG opened at $122.95 on Friday. The stock’s fifty day simple moving average is $109.27 and its 200-day simple moving average is $111.57. The firm has a market capitalization of $66.71 billion, a PE ratio of 12.25 and a beta of 0.49. EOG Resources, Inc. has a 12-month low of $101.59 and a 12-month high of $135.14. The company has a quick ratio of 1.43, a current ratio of 1.62 and a debt-to-equity ratio of 0.25.

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.