EOG Resources, Inc. $EOG Shares Sold by Boston Trust Walden Corp

Boston Trust Walden Corp cut its stake in EOG Resources, Inc. (NYSE:EOG) by 9.7% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 152,247 shares of the energy exploration company’s stock after selling 16,275 shares during the period. Boston Trust Walden Corp’s holdings in EOG Resources were worth $22,010,000 at the end of the most recent reporting period.

Other hedge funds have also made changes to their positions in the company. Capital World Investors raised its position in EOG Resources by 1.4% in the third quarter. Capital World Investors now owns 54,907,949 shares of the energy exploration company’s stock worth $6,156,495,000 after acquiring an additional 782,426 shares in the last quarter. Vanguard Group Inc. increased its holdings in shares of EOG Resources by 0.8% in the fourth quarter. Vanguard Group Inc. now owns 53,815,556 shares of the energy exploration company’s stock valued at $5,651,172,000 after buying an additional 446,341 shares in the last quarter. State Street Corp boosted its stake in shares of EOG Resources by 0.3% during the 4th quarter. State Street Corp now owns 30,562,470 shares of the energy exploration company’s stock worth $3,209,365,000 after acquiring an additional 100,080 shares in the last quarter. Capital Research Global Investors boosted its stake in shares of EOG Resources by 0.5% during the 3rd quarter. Capital Research Global Investors now owns 24,926,659 shares of the energy exploration company’s stock worth $2,794,784,000 after acquiring an additional 122,486 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of EOG Resources by 1.9% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 19,988,840 shares of the energy exploration company’s stock worth $2,099,028,000 after acquiring an additional 371,548 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Price Performance

NYSE EOG opened at $130.81 on Friday. EOG Resources, Inc. has a twelve month low of $101.59 and a twelve month high of $151.87. The company has a debt-to-equity ratio of 0.26, a quick ratio of 1.53 and a current ratio of 1.72. The stock has a market capitalization of $69.67 billion, a PE ratio of 12.87 and a beta of 0.25. The stock has a 50-day simple moving average of $135.71 and a 200 day simple moving average of $126.27.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.23 by $0.18. The firm had revenue of $6.92 billion for the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company’s revenue was up 22.1% on a year-over-year basis. During the same quarter last year, the firm posted $2.87 EPS. Research analysts anticipate that EOG Resources, Inc. will post 16.23 EPS for the current year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be issued a dividend of $1.02 per share. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s dividend payout ratio (DPR) is presently 40.16%.

Wall Street Analysts Forecast Growth

Several brokerages have recently commented on EOG. DA Davidson upped their target price on EOG Resources from $148.00 to $153.00 and gave the company a “buy” rating in a report on Thursday, May 7th. Mizuho set a $157.00 price target on EOG Resources and gave the stock a “neutral” rating in a research note on Wednesday, May 27th. UBS Group cut their price objective on EOG Resources from $168.00 to $158.00 and set a “buy” rating on the stock in a report on Thursday. Zacks Research cut shares of EOG Resources from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, May 27th. Finally, Royal Bank Of Canada upped their price objective on shares of EOG Resources from $138.00 to $175.00 and gave the company an “outperform” rating in a research note on Wednesday, April 8th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and sixteen have assigned a Hold rating to the company. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and an average price target of $155.25.

EOG Resources Company Profile

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.