EOG Resources, Inc. $EOG Shares Bought by CWA Asset Management Group LLC

Key Points

• CWA Asset Management Group increased its EOG Resources position by 665% in the third quarter, acquiring 25,790 additional shares for a total holding of 29,668 shares worth approximately $4.09 million. Institutional investors collectively own 89.91% of EOG’s stock.
• EOG reported quarterly earnings of $5.07 per share and revenue of $8.62 billion, exceeding analyst expectations; revenue rose 57.4% year over year. The company also declared a quarterly dividend of $1.02 per share, equivalent to a 2.6% yield.
• EOG shares were trading near their 52-week high, while analysts maintained a consensus “Hold” rating with an average price target of $161.24. Recent insider sales, including transactions by the CEO and an executive vice president, totaled 52,317 shares worth approximately $7.82 million.

CWA Asset Management Group LLC grew its position in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 665.0% in the third quarter, according to its most recent filing with the SEC. The fund owned 29,668 shares of the energy exploration company's stock after acquiring an additional 25,790 shares during the quarter. CWA Asset Management Group LLC's holdings in EOG Resources were worth $4,087,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jupiter Topco LLC purchased a new stake in shares of EOG Resources in the second quarter valued at $138,987,000. Punch & Associates Investment Management Inc. purchased a new stake in EOG Resources in the 2nd quarter worth about $11,746,000. Parvin Asset Management LLC purchased a new stake in EOG Resources in the 2nd quarter worth about $1,743,000. Transamerica Financial Advisors LLC purchased a new position in shares of EOG Resources during the second quarter valued at approximately $1,051,000. Finally, Rakuten Investment Management Inc. purchased a new position in shares of EOG Resources during the second quarter valued at approximately $11,517,000. Hedge funds and other institutional investors own 89.91% of the company's stock.

EOG Resources Price Performance

Shares of NYSE EOG opened at $157.83 on Wednesday. The firm's 50 day simple moving average is $146.59 and its 200-day simple moving average is $140.44. The stock has a market capitalization of $82.79 billion, a price-to-earnings ratio of 12.28, a PEG ratio of 0.56 and a beta of 0.36. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $159.93. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.85 and a quick ratio of 1.68.

EOG Resources (NYSE:EOG - Get Free Report) last posted its earnings results on Tuesday, August 4th. The energy exploration company reported $5.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $4.97 by $0.10. The business had revenue of $8.62 billion for the quarter, compared to analyst estimates of $8.04 billion. EOG Resources had a net margin of 25.44% and a return on equity of 23.44%. The company's revenue for the quarter was up 57.4% on a year-over-year basis. During the same period in the prior year, the company posted $2.32 EPS. Analysts expect that EOG Resources, Inc. will post 17.48 EPS for the current year.

EOG Resources Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Friday, October 30th. Shareholders of record on Friday, October 16th will be issued a dividend of $1.02 per share. This represents a $4.08 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Friday, October 16th. EOG Resources's dividend payout ratio (DPR) is presently 31.75%.

EOG Resources News Summary

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

• Positive Sentiment: Higher analyst price target: Susquehanna raised its target on EOG from $170 to $187 and upgraded the stock to “positive,” implying approximately 18.5% upside from the referenced price. This signals increased confidence in EOG’s production outlook and profitability. Susquehanna raises EOG Resources price target
• Positive Sentiment: Strong earnings momentum: EOG recently reported adjusted earnings of $5.07 per share, exceeding the $4.97 consensus estimate, while revenue of $8.62 billion also topped expectations. Earnings growth, production gains in key basins and efficient asset utilization have contributed to repeated earnings-estimate increases. EOG posts $5.07 adjusted earnings per share
• Positive Sentiment: Support from energy prices and ratings: Crude oil prices have risen sharply in 2026 amid Middle East tensions, potentially boosting EOG’s cash flow. EOG was also added to multiple Zacks Rank #1 “Strong Buy” lists covering value, growth and momentum. Oil explorers positioned for rising crude prices
• Neutral Sentiment: Valuation debate: Some analysis views EOG as undervalued based on its cash-generation potential and improving forecasts, while other commentary questions whether the stock remains below fair value after a roughly 113% five-year advance and a recent 52-week high. EOG may trade below fair value after its run
• Negative Sentiment: Profit-taking risk: With EOG shares near record levels and recent returns already strong, investors may question how much upside remains, increasing the risk of short-term consolidation or profit-taking even as long-term fundamentals remain favorable. EOG reaches a 52-week high

Insider Activity at EOG Resources

In other news, EVP Michael P. Donaldson sold 7,336 shares of the stock in a transaction dated Friday, September 11th. The shares were sold at an average price of $148.00, for a total value of $1,085,728.00. Following the completion of the sale, the executive vice president directly owned 100,558 shares in the company, valued at $14,882,584. This represents a 6.80% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CEO Ezra Y. Yacob sold 35,942 shares of the company's stock in a transaction dated Monday, August 24th. The shares were sold at an average price of $152.10, for a total transaction of $5,466,778.20. Following the sale, the chief executive officer directly owned 242,451 shares of the company's stock, valued at approximately $36,876,797.10. This represents a 12.91% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 52,317 shares of company stock valued at $7,823,480. 0.14% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of brokerages have recently issued reports on EOG. Freedom Capital lowered shares of EOG Resources from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, August 5th. Truist Financial lifted their price target on EOG Resources from $153.00 to $160.00 and gave the company a "hold" rating in a report on Friday, October 2nd. Weiss Ratings raised shares of EOG Resources from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, September 8th. Mizuho set a $165.00 price target on EOG Resources in a report on Thursday, October 15th. Finally, Stifel Nicolaus began coverage on shares of EOG Resources in a research note on Thursday, September 10th. They set a "hold" rating and a $158.00 price objective for the company. Two equities research analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat, EOG Resources currently has an average rating of "Hold" and an average price target of $161.24.

About EOG Resources

EOG Resources, Inc is an independent exploration and production company engaged in finding, developing, producing and marketing crude oil, natural gas liquids and natural gas. Its operations focus on large, high-quality onshore and international assets, supported by technical expertise in horizontal drilling and hydraulic fracturing.

The company's principal U.S. activities are concentrated in major shale and onshore plays, including the Delaware Basin, Eagle Ford and other producing regions in Texas and the Rocky Mountains.

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