Jones Financial Companies Lllp Has $1.17 Million Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Jones Financial Companies Lllp boosted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 31.6% during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 9,529 shares of the energy exploration company’s stock after buying an additional 2,290 shares during the quarter. Jones Financial Companies Lllp’s holdings in EOG Resources were worth $1,168,000 as of its most recent SEC filing.

Several other large investors have also recently bought and sold shares of EOG. Franklin Resources Inc. lifted its holdings in EOG Resources by 64.7% during the 3rd quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company’s stock worth $694,717,000 after buying an additional 2,076,134 shares in the last quarter. Fisher Asset Management LLC lifted its stake in shares of EOG Resources by 856.7% in the 3rd quarter. Fisher Asset Management LLC now owns 1,200,851 shares of the energy exploration company’s stock valued at $147,621,000 after purchasing an additional 1,075,334 shares during the period. Assenagon Asset Management S.A. lifted its stake in shares of EOG Resources by 577.8% in the 4th quarter. Assenagon Asset Management S.A. now owns 696,596 shares of the energy exploration company’s stock valued at $85,389,000 after purchasing an additional 593,823 shares during the period. Proficio Capital Partners LLC acquired a new position in shares of EOG Resources in the 4th quarter valued at $60,284,000. Finally, Empower Advisory Group LLC lifted its stake in shares of EOG Resources by 21,218.1% in the 4th quarter. Empower Advisory Group LLC now owns 352,602 shares of the energy exploration company’s stock valued at $43,222,000 after purchasing an additional 350,948 shares during the period. Institutional investors and hedge funds own 89.91% of the company’s stock.

EOG Resources Price Performance

EOG stock opened at $125.41 on Friday. The stock has a market capitalization of $70.53 billion, a PE ratio of 10.10, a price-to-earnings-growth ratio of 3.58 and a beta of 1.27. The company’s 50-day moving average is $129.50 and its 200-day moving average is $127.71. The company has a debt-to-equity ratio of 0.13, a current ratio of 2.31 and a quick ratio of 2.07. EOG Resources, Inc. has a 1 year low of $115.78 and a 1 year high of $139.67.

EOG Resources (NYSE:EOG) last posted its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 EPS for the quarter, beating the consensus estimate of $2.55 by $0.19. The firm had revenue of $5.59 billion during the quarter, compared to analyst estimates of $5.96 billion. EOG Resources had a net margin of 29.18% and a return on equity of 23.77%. Equities research analysts expect that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Investors of record on Wednesday, April 16th will be issued a $0.975 dividend. This represents a $3.90 annualized dividend and a yield of 3.11%. The ex-dividend date is Wednesday, April 16th. EOG Resources’s dividend payout ratio (DPR) is presently 34.73%.

Wall Street Analysts Forecast Growth

EOG has been the topic of a number of analyst reports. Truist Financial increased their price target on EOG Resources from $135.00 to $137.00 and gave the company a “hold” rating in a research note on Monday, January 13th. Morgan Stanley cut their price target on EOG Resources from $143.00 to $142.00 and set an “equal weight” rating on the stock in a research note on Monday, March 3rd. Mizuho cut their price target on EOG Resources from $156.00 to $148.00 and set an “outperform” rating on the stock in a research note on Monday, December 16th. UBS Group cut their price target on EOG Resources from $165.00 to $160.00 and set a “buy” rating on the stock in a research note on Tuesday. Finally, Barclays lowered their price objective on shares of EOG Resources from $148.00 to $146.00 and set an “equal weight” rating for the company in a research report on Friday, February 28th. Twelve research analysts have rated the stock with a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the stock. According to MarketBeat, EOG Resources has a consensus rating of “Moderate Buy” and a consensus target price of $145.80.

Insider Buying and Selling at EOG Resources

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction on Tuesday, December 31st. The shares were sold at an average price of $120.89, for a total value of $483,560.00. Following the completion of the transaction, the chief operating officer now directly owns 42,703 shares of the company’s stock, valued at $5,162,365.67. This trade represents a 8.56 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders own 0.30% of the company’s stock.

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.