J. Safra Sarasin Holding AG Has $958,000 Holdings in EOG Resources, Inc. $EOG

J. Safra Sarasin Holding AG lifted its position in EOG Resources, Inc. (NYSE:EOG) by 95.4% in the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,127 shares of the energy exploration company’s stock after acquiring an additional 4,455 shares during the quarter. J. Safra Sarasin Holding AG’s holdings in EOG Resources were worth $958,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Capital World Investors grew its position in EOG Resources by 1.4% during the 3rd quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after purchasing an additional 782,426 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of EOG Resources by 0.5% in the third quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock valued at $2,794,784,000 after purchasing an additional 122,486 shares in the last quarter. Alliancebernstein L.P. lifted its holdings in shares of EOG Resources by 4.2% in the second quarter. Alliancebernstein L.P. now owns 6,159,281 shares of the energy exploration company’s stock valued at $736,712,000 after purchasing an additional 249,984 shares in the last quarter. Northern Trust Corp boosted its position in shares of EOG Resources by 0.8% in the third quarter. Northern Trust Corp now owns 5,974,950 shares of the energy exploration company’s stock worth $669,911,000 after buying an additional 49,987 shares during the period. Finally, Dimensional Fund Advisors LP grew its holdings in shares of EOG Resources by 6.1% during the third quarter. Dimensional Fund Advisors LP now owns 5,972,687 shares of the energy exploration company’s stock valued at $669,727,000 after buying an additional 344,291 shares in the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

Trending Headlines about EOG Resources

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

• Positive Sentiment: Multiple brokerages raised price targets today (BMO to $160/outperform; Stephens to $170; Piper Sandler and Mizuho to ~$147) — signals analyst confidence and possible upside over time. BMO raises PT to $160 Stephens raises PT to $170 Piper Sandler raises PT to $147 Mizuho raises PT on EBITDA outlook
• Neutral Sentiment: Consensus analyst stance remains mixed-to-cautious (average “Hold” and Citi “Hold”), which could limit immediate upside despite the target increases. Average recommendation “Hold” Citi assigns Hold
• Negative Sentiment: Crude oil prices fell after reports President Trump said Iran asked for a cease-fire and other headlines suggesting a quicker end to the Iran conflict; Brent and WTI slid below recent levels, removing a key commodity catalyst and pressuring EOG shares today. Oil Prices Fall on Fresh Hopes for a Swift End to Iran War Trump Says Iran Has Asked for a Cease-Fire

Insider Activity

In related news, CFO Ann D. Janssen sold 4,161 shares of the firm’s stock in a transaction that occurred on Thursday, March 19th. The shares were sold at an average price of $140.04, for a total transaction of $582,706.44. Following the transaction, the chief financial officer owned 100,246 shares of the company’s stock, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, COO Jeffrey R. Leitzell sold 2,000 shares of the firm’s stock in a transaction that occurred on Tuesday, March 3rd. The shares were sold at an average price of $130.00, for a total transaction of $260,000.00. Following the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at approximately $11,445,850. The trade was a 2.22% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 12,532 shares of company stock valued at $1,666,045. 0.13% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on EOG shares. Jefferies Financial Group upped their price target on EOG Resources from $140.00 to $146.00 and gave the company a “buy” rating in a research report on Monday, March 2nd. Morgan Stanley raised their price objective on EOG Resources from $128.00 to $155.00 and gave the stock an “equal weight” rating in a research report on Friday, March 27th. UBS Group lifted their target price on EOG Resources from $141.00 to $149.00 and gave the company a “buy” rating in a research note on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of EOG Resources in a report on Thursday, January 22nd. Finally, Barclays increased their price target on shares of EOG Resources from $133.00 to $140.00 and gave the stock an “equal weight” rating in a research report on Monday, March 16th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and eighteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $145.04.

EOG Resources Price Performance

Shares of NYSE:EOG opened at $140.52 on Thursday. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $151.87. The business has a fifty day simple moving average of $125.64 and a 200 day simple moving average of $114.40. The firm has a market cap of $75.28 billion, a price-to-earnings ratio of 15.42, a P/E/G ratio of 3.10 and a beta of 0.32.

EOG Resources (NYSE:EOG) last released its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The firm had revenue of $5.64 billion during the quarter, compared to analysts’ expectations of $5.36 billion. During the same quarter last year, the firm earned $2.74 earnings per share. The business’s revenue for the quarter was up .9% on a year-over-year basis. As a group, sell-side analysts predict that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, April 30th. Stockholders of record on Thursday, April 16th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. The ex-dividend date is Thursday, April 16th. EOG Resources’s payout ratio is currently 44.79%.

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.