Douglas Lane & Associates LLC Has $49.68 Million Stake in EOG Resources, Inc. $EOG

Key Points

• Douglas Lane & Associates LLC trimmed its position in EOG Resources by 2.0% in Q4, selling 9,430 shares and now owning 473,051 shares valued at about $49.68 million (≈0.09% of the company).
• Multiple brokers raised price targets — for example, Wells Fargo to $199, RBC to $175 and Wolfe to $154 — signaling bullish analyst sentiment tied to sustained oil prices above $90 and improved cash‑flow outlooks.
• EOG recently beat quarterly estimates (EPS $2.27 vs. $2.20; revenue $5.64B vs. $5.36B), announced a $1.02 quarterly dividend (annualized yield ~3.0%) and saw insiders sell roughly 18,230 shares last quarter.

Douglas Lane & Associates LLC decreased its stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 2.0% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 473,051 shares of the energy exploration company's stock after selling 9,430 shares during the period. Douglas Lane & Associates LLC owned 0.09% of EOG Resources worth $49,675,000 as of its most recent filing with the SEC.

A number of other hedge funds have also made changes to their positions in EOG. Sivia Capital Partners LLC acquired a new position in shares of EOG Resources during the 2nd quarter valued at about $258,000. Quantbot Technologies LP acquired a new position in shares of EOG Resources during the 2nd quarter valued at about $349,000. Gamco Investors INC. ET AL increased its holdings in shares of EOG Resources by 216.1% during the 2nd quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company's stock valued at $785,000 after acquiring an additional 4,485 shares during the last quarter. Natixis increased its holdings in shares of EOG Resources by 0.8% during the 2nd quarter. Natixis now owns 29,053 shares of the energy exploration company's stock valued at $3,475,000 after acquiring an additional 219 shares during the last quarter. Finally, Daiwa Securities Group Inc. increased its holdings in shares of EOG Resources by 3.5% during the 2nd quarter. Daiwa Securities Group Inc. now owns 83,324 shares of the energy exploration company's stock valued at $9,967,000 after acquiring an additional 2,794 shares during the last quarter. Institutional investors and hedge funds own 89.91% of the company's stock.

Key EOG Resources News

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

• Positive Sentiment: Wells Fargo lifted its price target sharply to $199 and maintained an "overweight" rating, signaling sizable analyst conviction in upside from higher oil and EOG’s execution. Wells Fargo raises PT
• Positive Sentiment: RBC raised its price target to $175 and kept an "outperform" rating, another sign brokers expect stronger cash flow upside if oil stays elevated. RBC raises PT
• Positive Sentiment: Wolfe Research increased its price target to $154, adding to the cluster of upward revisions that can support further share gains if sentiment follows analyst views. Wolfe Research increases PT
• Positive Sentiment: Coverage notes that oil holding above $90 is a clear tailwind for EOG given its crude-heavy portfolio and large resource base — sustained high prices would boost margins and free cash flow. Oil staying above $90
• Positive Sentiment: Zacks and other outlets raised some near‑term and FY2027 EPS estimates for EOG (and noted higher FY2027 EPS), reflecting improved earnings visibility if commodity prices remain firm. This supports valuation upgrades. Zacks boosts estimates
• Positive Sentiment: KeyCorp publicly expressed a positive outlook for EOG’s Q1 results, which reduces near-term earnings uncertainty and can be supportive of the stock around earnings. KeyCorp positive outlook
• Neutral Sentiment: Zacks published a broader positive take calling EOG a long‑term value pick; useful for long-term investors but less likely to move the stock immediately. Zacks long-term view
• Neutral Sentiment: Market commentary asks whether now is the time to reassess EOG after strong YTD gains — a valuation/rotation discussion rather than fresh fundamental news. Reassess after gains
• Neutral Sentiment: A sector head‑to‑head piece comparing EOG vs. U.S. Energy is informational for peers/relative valuation but not a direct catalyst. Head-to-head survey
• Negative Sentiment: Zacks made several small downward revisions to some quarterly FY2026 estimates even as it lifted FY2027 figures — the mixed guidance introduces short-term earnings uncertainty and could cap near-term upside. Zacks mixed estimate changes

EOG Resources Price Performance

Shares of EOG stock opened at $136.57 on Friday. The stock has a 50 day moving average of $129.52 and a two-hundred day moving average of $115.38. The company has a current ratio of 1.63, a quick ratio of 1.42 and a debt-to-equity ratio of 0.27. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $151.87. The company has a market capitalization of $73.16 billion, a P/E ratio of 14.99, a P/E/G ratio of 2.87 and a beta of 0.32.

EOG Resources (NYSE:EOG - Get Free Report) last announced its quarterly earnings data on Tuesday, February 24th. The energy exploration company reported $2.27 EPS for the quarter, topping analysts' consensus estimates of $2.20 by $0.07. EOG Resources had a return on equity of 18.67% and a net margin of 22.00%.The company had revenue of $5.64 billion during the quarter, compared to the consensus estimate of $5.36 billion. During the same quarter last year, the company earned $2.74 EPS. The company's quarterly revenue was up .9% on a year-over-year basis. As a group, equities analysts expect that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, April 30th. Shareholders of record on Thursday, April 16th will be given a $1.02 dividend. The ex-dividend date is Thursday, April 16th. This represents a $4.08 dividend on an annualized basis and a dividend yield of 3.0%. EOG Resources's dividend payout ratio (DPR) is currently 44.79%.

Insider Buying and Selling

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of the firm's stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the completion of the sale, the chief financial officer owned 100,246 shares in the company, valued at approximately $14,038,449.84. This trade represents a 3.99% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm's stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the sale, the chief operating officer owned 88,045 shares of the company's stock, valued at $13,234,924.40. This represents a 6.08% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 18,230 shares of company stock valued at $2,522,568 in the last quarter. Corporate insiders own 0.14% of the company's stock.

Analyst Ratings Changes

EOG has been the topic of a number of analyst reports. Capital One Financial increased their price objective on EOG Resources from $130.00 to $161.00 and gave the company an "overweight" rating in a report on Thursday, March 26th. Zacks Research upgraded EOG Resources from a "strong sell" rating to a "hold" rating in a research note on Monday, March 2nd. Morgan Stanley increased their target price on EOG Resources from $128.00 to $155.00 and gave the company an "equal weight" rating in a research note on Friday, March 27th. Piper Sandler increased their target price on EOG Resources from $144.00 to $147.00 and gave the company a "neutral" rating in a research note on Wednesday, April 1st. Finally, Raymond James Financial increased their target price on EOG Resources from $157.00 to $185.00 and gave the company a "strong-buy" rating in a research note on Friday, March 27th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and eighteen have given a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $148.11.

About EOG Resources

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.

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