Captrust Financial Advisors Purchases 35,328 Shares of EOG Resources, Inc. (NYSE:EOG)

Captrust Financial Advisors raised its stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 6.0% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 626,191 shares of the energy exploration company's stock after buying an additional 35,328 shares during the period. Captrust Financial Advisors owned 0.11% of EOG Resources worth $76,758,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the stock. Wealthfront Advisers LLC lifted its position in EOG Resources by 4,642.2% during the 4th quarter. Wealthfront Advisers LLC now owns 2,852,238 shares of the energy exploration company's stock worth $349,627,000 after acquiring an additional 2,792,092 shares during the last quarter. Capital World Investors boosted its stake in EOG Resources by 5.2% during the 4th quarter. Capital World Investors now owns 45,919,327 shares of the energy exploration company's stock valued at $5,628,497,000 after purchasing an additional 2,270,013 shares during the period. Franklin Resources Inc. grew its holdings in EOG Resources by 64.7% in the 3rd quarter. Franklin Resources Inc. now owns 5,284,228 shares of the energy exploration company's stock valued at $694,717,000 after buying an additional 2,076,134 shares during the last quarter. Raymond James Financial Inc. bought a new position in EOG Resources in the 4th quarter worth approximately $171,193,000. Finally, Charles Schwab Investment Management Inc. increased its position in EOG Resources by 4.5% in the 4th quarter. Charles Schwab Investment Management Inc. now owns 18,192,314 shares of the energy exploration company's stock worth $2,230,014,000 after buying an additional 781,282 shares during the period. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EOG has been the topic of several research reports. Benchmark restated a "hold" rating on shares of EOG Resources in a report on Monday, January 13th. Piper Sandler cut their price target on EOG Resources from $135.00 to $133.00 and set a "neutral" rating for the company in a report on Tuesday, April 22nd. StockNews.com downgraded EOG Resources from a "buy" rating to a "hold" rating in a research report on Friday, February 21st. Wells Fargo & Company cut their target price on EOG Resources from $150.00 to $146.00 and set an "overweight" rating for the company in a research note on Thursday, March 13th. Finally, Williams Trading set a $154.00 price target on shares of EOG Resources in a research note on Wednesday, March 5th. Eleven investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, EOG Resources presently has an average rating of "Moderate Buy" and an average target price of $140.95.

EOG Resources Stock Performance

NYSE EOG traded up $1.65 on Thursday, hitting $109.62. 6,135,396 shares of the stock were exchanged, compared to its average volume of 3,270,068. The business's fifty day moving average is $117.11 and its 200 day moving average is $124.74. EOG Resources, Inc. has a 52 week low of $102.52 and a 52 week high of $138.18. The company has a market capitalization of $59.83 billion, a PE ratio of 8.83, a P/E/G ratio of 3.58 and a beta of 0.78. 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 (NYSE:EOG - Get Free Report) last announced its quarterly earnings results on Thursday, May 1st. The energy exploration company reported $2.87 earnings per share (EPS) for the quarter, beating the consensus estimate of $2.75 by $0.12. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The business had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.92 billion. During the same quarter last year, the firm posted $2.82 EPS. The company's quarterly revenue was down 7.4% on a year-over-year basis. Research analysts anticipate that EOG Resources, Inc. will post 11.47 EPS for the current fiscal year.

EOG Resources Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, July 31st. Investors of record on Thursday, July 17th will be paid a $0.975 dividend. The ex-dividend date is Thursday, July 17th. This represents a $3.90 annualized dividend and a dividend yield of 3.56%. EOG Resources's dividend payout ratio (DPR) is presently 36.18%.

Insiders Place Their Bets

In other EOG Resources news, COO Jeffrey R. Leitzell sold 4,037 shares of EOG Resources stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total value of $515,767.12. Following the completion of the transaction, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at $6,098,240.32. The trade was a 7.80 % decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.13% 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.