G&S Capital LLC Acquires 102 Shares of EOG Resources, Inc. (NYSE:EOG)

G&S Capital LLC lifted its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 2.2% in the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 4,673 shares of the energy exploration company’s stock after acquiring an additional 102 shares during the quarter. G&S Capital LLC’s holdings in EOG Resources were worth $597,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Capital World Investors lifted its holdings in EOG Resources by 59.2% during the 4th quarter. Capital World Investors now owns 25,420,916 shares of the energy exploration company’s stock worth $3,074,660,000 after purchasing an additional 9,455,621 shares during the last quarter. Ameriprise Financial Inc. lifted its holdings in EOG Resources by 8.4% during the 3rd quarter. Ameriprise Financial Inc. now owns 11,532,527 shares of the energy exploration company’s stock worth $1,462,966,000 after purchasing an additional 892,951 shares during the last quarter. Morgan Stanley lifted its holdings in EOG Resources by 1.5% during the 3rd quarter. Morgan Stanley now owns 7,789,774 shares of the energy exploration company’s stock worth $987,432,000 after purchasing an additional 116,860 shares during the last quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main lifted its holdings in EOG Resources by 26.3% during the 4th quarter. DZ BANK AG Deutsche Zentral Genossenschafts Bank Frankfurt am Main now owns 4,948,119 shares of the energy exploration company’s stock worth $598,475,000 after purchasing an additional 1,029,727 shares during the last quarter. Finally, Dimensional Fund Advisors LP lifted its holdings in EOG Resources by 4.4% during the 4th quarter. Dimensional Fund Advisors LP now owns 4,163,856 shares of the energy exploration company’s stock worth $503,641,000 after purchasing an additional 176,854 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insider Activity

In other news, EVP Michael P. Donaldson sold 2,685 shares of the company’s stock in a transaction that occurred on Monday, May 13th. The stock was sold at an average price of $130.29, for a total value of $349,828.65. Following the completion of the transaction, the executive vice president now directly owns 109,040 shares of the company’s stock, valued at $14,206,821.60. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. In other EOG Resources news, CEO Ezra Y. Yacob sold 4,729 shares of the stock in a transaction on Tuesday, May 21st. The stock was sold at an average price of $129.31, for a total transaction of $611,506.99. Following the completion of the transaction, the chief executive officer now directly owns 150,474 shares of the company’s stock, valued at $19,457,792.94. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 2,685 shares of the stock in a transaction on Monday, May 13th. The shares were sold at an average price of $130.29, for a total value of $349,828.65. Following the transaction, the executive vice president now directly owns 109,040 shares of the company’s stock, valued at $14,206,821.60. The disclosure for this sale can be found here. Insiders sold a total of 16,512 shares of company stock valued at $2,144,972 over the last three months. Corporate insiders own 0.30% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently weighed in on EOG shares. Benchmark reissued a “hold” rating on shares of EOG Resources in a report on Tuesday, May 7th. KeyCorp lifted their price objective on EOG Resources from $147.00 to $157.00 and gave the company an “overweight” rating in a report on Monday, April 22nd. Susquehanna lifted their price objective on EOG Resources from $147.00 to $155.00 and gave the company a “positive” rating in a report on Monday, April 22nd. StockNews.com raised EOG Resources from a “hold” rating to a “buy” rating in a report on Thursday, May 9th. Finally, Bank of America restated a “buy” rating and set a $151.00 price objective on shares of EOG Resources in a research report on Friday, June 14th. Thirteen analysts have rated the stock with a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $143.19.

EOG Resources Stock Performance

Shares of EOG Resources stock opened at $124.58 on Thursday. The company has a market cap of $71.60 billion, a PE ratio of 9.84, a price-to-earnings-growth ratio of 1.74 and a beta of 1.32. EOG Resources, Inc. has a 52 week low of $107.99 and a 52 week high of $139.67. The business has a 50 day moving average price of $126.72 and a 200-day moving average price of $122.31. The company has a quick ratio of 2.05, a current ratio of 2.32 and a debt-to-equity ratio of 0.13.

EOG Resources (NYSE:EOG) last released its earnings results on Thursday, May 2nd. The energy exploration company reported $2.82 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.70 by $0.12. The company had revenue of $6.12 billion during the quarter, compared to analyst estimates of $5.91 billion. EOG Resources had a return on equity of 24.83% and a net margin of 30.33%. EOG Resources’s quarterly revenue was up 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $2.69 earnings per share. Equities analysts anticipate that EOG Resources, Inc. will post 12.02 earnings per share for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, July 31st. Stockholders of record on Wednesday, July 17th will be issued a $0.91 dividend. This represents a $3.64 annualized dividend and a dividend yield of 2.92%. The ex-dividend date of this dividend is Wednesday, July 17th. EOG Resources’s dividend payout ratio is presently 28.75%.

EOG Resources Company Profile

EOG Resources, Inc, together with its subsidiaries, explores for, develops, produces, and markets crude oil, natural gas liquids, and natural gas primarily in producing basins in the United States, the Republic of Trinidad and Tobago and internationally. The company was formerly known as Enron Oil & Gas Company.