EOG Resources, Inc. (EOG) Shares Bought by Janus Henderson Group PLC

Janus Henderson Group PLC boosted its holdings in EOG Resources, Inc. (NYSE:EOG) by 379.5% in the second quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 968,855 shares of the energy exploration company’s stock after purchasing an additional 766,788 shares during the quarter. Janus Henderson Group PLC owned about 0.17% of EOG Resources worth $87,702,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also made changes to their positions in EOG. IHT Wealth Management LLC boosted its holdings in EOG Resources by 4.1% in the first quarter. IHT Wealth Management LLC now owns 1,039 shares of the energy exploration company’s stock valued at $101,000 after purchasing an additional 41 shares in the last quarter. Winfield Associates Inc. boosted its holdings in EOG Resources by 1.7% in the second quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock valued at $103,000 after purchasing an additional 19 shares in the last quarter. Chicago Partners Investment Group LLC boosted its holdings in EOG Resources by 60.0% in the first quarter. Chicago Partners Investment Group LLC now owns 1,069 shares of the energy exploration company’s stock valued at $104,000 after purchasing an additional 401 shares in the last quarter. Exane Derivatives boosted its holdings in EOG Resources by 19.8% in the second quarter. Exane Derivatives now owns 1,160 shares of the energy exploration company’s stock valued at $105,000 after purchasing an additional 192 shares in the last quarter. Finally, Assetmark Inc. boosted its holdings in EOG Resources by 5.0% in the first quarter. Assetmark Inc. now owns 1,183 shares of the energy exploration company’s stock valued at $115,000 after purchasing an additional 56 shares in the last quarter. 85.37% of the stock is owned by hedge funds and other institutional investors.

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Shares of EOG Resources, Inc. (NYSE:EOG) opened at 96.78 on Wednesday. The stock has a 50 day moving average price of $91.14 and a 200 day moving average price of $91.64. EOG Resources, Inc. has a 12-month low of $81.99 and a 12-month high of $109.37. The firm’s market capitalization is $55.89 billion.

EOG Resources (NYSE:EOG) last issued its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 EPS for the quarter, missing the consensus estimate of $0.10 by ($0.02). The firm had revenue of $2.61 billion during the quarter, compared to analyst estimates of $2.51 billion. EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. EOG Resources’s revenue was up 47.1% compared to the same quarter last year. During the same quarter in the previous year, the business posted ($0.38) EPS. Equities analysts anticipate that EOG Resources, Inc. will post $0.61 earnings per share for the current fiscal year.

The company also recently announced a quarterly dividend, which will be paid on Tuesday, October 31st. Stockholders of record on Tuesday, October 17th will be given a $0.1675 dividend. The ex-dividend date is Monday, October 16th. This represents a $0.67 annualized dividend and a dividend yield of 0.69%. EOG Resources’s payout ratio is -131.37%.

In other news, EVP Lloyd W. Helms, Jr. sold 4,000 shares of EOG Resources stock in a transaction that occurred on Monday, August 14th. The stock was sold at an average price of $88.22, for a total value of $352,880.00. Following the completion of the transaction, the executive vice president now owns 70,987 shares in the company, valued at approximately $6,262,473.14. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, insider Gary L. Thomas sold 25,000 shares of EOG Resources stock in a transaction that occurred on Friday, September 29th. The stock was sold at an average price of $96.63, for a total value of $2,415,750.00. Following the completion of the transaction, the insider now owns 1,067,465 shares of the company’s stock, valued at approximately $103,149,142.95. The disclosure for this sale can be found here. In the last quarter, insiders sold 38,578 shares of company stock valued at $3,700,882. Insiders own 0.53% of the company’s stock.

A number of brokerages recently issued reports on EOG. Royal Bank Of Canada set a $107.00 price target on EOG Resources and gave the company a “hold” rating in a report on Tuesday. Barclays PLC reaffirmed an “overweight” rating and issued a $101.00 price target (up from $94.00) on shares of EOG Resources in a report on Wednesday, August 9th. BMO Capital Markets set a $105.00 price target on EOG Resources and gave the company a “buy” rating in a report on Tuesday. BidaskClub raised EOG Resources from a “sell” rating to a “hold” rating in a report on Monday, July 31st. Finally, Scotiabank reaffirmed a “hold” rating and issued a $100.00 price target on shares of EOG Resources in a report on Thursday, August 3rd. Two analysts have rated the stock with a sell rating, nine have given a hold rating and twenty-two have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus price target of $107.88.

EOG Resources Company Profile

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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