Glenview Trust Co Sells 4,923 Shares of EOG Resources, Inc. $EOG

Glenview Trust Co decreased its position in EOG Resources, Inc. (NYSE:EOG) by 4.0% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 116,646 shares of the energy exploration company’s stock after selling 4,923 shares during the quarter. Glenview Trust Co’s holdings in EOG Resources were worth $12,249,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Hantz Financial Services Inc. raised its position in shares of EOG Resources by 37.6% in the fourth quarter. Hantz Financial Services Inc. now owns 1,867 shares of the energy exploration company’s stock valued at $196,000 after purchasing an additional 510 shares during the period. Mondrian Investment Partners LTD raised its position in shares of EOG Resources by 43.7% in the fourth quarter. Mondrian Investment Partners LTD now owns 7,820 shares of the energy exploration company’s stock valued at $821,000 after purchasing an additional 2,377 shares during the period. Swedbank AB raised its position in shares of EOG Resources by 0.6% in the fourth quarter. Swedbank AB now owns 525,677 shares of the energy exploration company’s stock valued at $55,201,000 after purchasing an additional 2,904 shares during the period. Strategic Financial Concepts LLC bought a new position in shares of EOG Resources in the fourth quarter valued at approximately $420,000. Finally, MQS Management LLC raised its position in shares of EOG Resources by 12.2% in the fourth quarter. MQS Management LLC now owns 8,389 shares of the energy exploration company’s stock valued at $881,000 after purchasing an additional 915 shares during the period. Institutional investors own 89.91% of the company’s stock.

Insiders Place Their Bets

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction 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 sale, the chief financial officer owned 100,246 shares in the company, valued at $14,038,449.84. The trade was a 3.99% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares in the company, valued at $13,234,924.40. This represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 16,230 shares of company stock worth $2,272,568 in the last quarter. Corporate insiders own 0.14% of the company’s stock.

EOG Resources Trading Up 0.1%

Shares of EOG stock opened at $141.43 on Monday. EOG Resources, Inc. has a 1 year low of $101.59 and a 1 year high of $151.87. The firm’s fifty day simple moving average is $137.91 and its 200 day simple moving average is $120.79. The firm has a market capitalization of $75.33 billion, a P/E ratio of 13.92 and a beta of 0.27. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26.

EOG Resources (NYSE:EOG) last posted its quarterly earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 earnings per share for the quarter, topping analysts’ consensus estimates of $3.23 by $0.18. EOG Resources had a net margin of 23.01% and a return on equity of 19.25%. The firm had revenue of $6.92 billion for the quarter, compared to the consensus estimate of $6.18 billion. During the same quarter in the previous year, the company earned $2.87 earnings per share. The business’s revenue was up 22.1% compared to the same quarter last year. As a group, sell-side analysts predict that EOG Resources, Inc. will post 15.67 EPS for the current year.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a dividend of $1.02 per share. The ex-dividend date is Friday, July 17th. This represents a $4.08 dividend on an annualized basis and a yield of 2.9%. EOG Resources’s payout ratio is currently 40.16%.

EOG Resources News Roundup

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

• Positive Sentiment: EOG expanded its share repurchase authorization to $20 billion, signaling aggressive capital returns and confidence in future cash generation.
• Positive Sentiment: The company has been highlighted for record free cash flow and its plan to return at least 70% of free cash flow to shareholders through dividends and buybacks.
• Positive Sentiment: Zacks Research upgraded EOG to Strong Buy and raised multiple earnings estimates for 2026-2028, suggesting improving profit expectations.
• Positive Sentiment: Morgan Stanley raised its price target on EOG to $160 from $155, while maintaining an equal-weight rating, reflecting slightly improved valuation expectations.
• Positive Sentiment: EOG was also added to Zacks’ Strong Buy and best income stocks lists, adding to the bullish tone around the name.
• Neutral Sentiment: Analysts continue to describe EOG as a disciplined, cash-focused oil and gas producer with ongoing international expansion and acquisitions, which supports the long-term outlook but is not an immediate catalyst.

Analyst Upgrades and Downgrades

A number of equities analysts recently issued reports on the stock. UBS Group boosted their target price on shares of EOG Resources from $141.00 to $149.00 and gave the stock a “buy” rating in a research report on Monday, March 2nd. Wells Fargo & Company set a $196.00 target price on shares of EOG Resources and gave the stock an “overweight” rating in a research report on Wednesday, May 13th. Susquehanna boosted their target price on shares of EOG Resources from $144.00 to $162.00 and gave the stock a “positive” rating in a research report on Tuesday, April 21st. Truist Financial boosted their target price on shares of EOG Resources from $146.00 to $149.00 and gave the stock a “hold” rating in a research report on Friday, May 8th. Finally, Wall Street Zen raised shares of EOG Resources from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Two investment analysts have rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating and fifteen have given a Hold rating to the company. According to data from MarketBeat.com, EOG Resources currently has an average rating of “Moderate Buy” and an average target price of $155.64.

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.