Principal Financial Group Inc. Sells 19,525 Shares of EOG Resources, Inc. $EOG

Key Points

• Principal Financial Group trimmed its stake in EOG Resources by 1.1%, selling 19,525 shares and leaving it with 1,812,281 shares (about 0.33% of the company) valued at roughly $190.3 million.
• EOG beat Q1 estimates, reporting $3.41 EPS vs. $3.23 expected and $6.92 billion in revenue (vs. $6.18B), driven by higher production and commodity prices, though shares traded lower intraday despite the beat.
• Company insiders reduced positions this quarter—CFO Ann Janssen and COO Jeffrey Leitzell sold shares, and insiders sold a total of 18,230 shares ($2.52 million) in the period; the firm also announced a $1.02 quarterly dividend (2.9% yield).

Principal Financial Group Inc. cut its stake in shares of EOG Resources, Inc. (NYSE:EOG - Free Report) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,812,281 shares of the energy exploration company's stock after selling 19,525 shares during the quarter. Principal Financial Group Inc. owned approximately 0.33% of EOG Resources worth $190,308,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also bought and sold shares of EOG. Sivia Capital Partners LLC bought a new position in EOG Resources during the second quarter worth $258,000. Quantbot Technologies LP bought a new position in shares of EOG Resources in the second quarter valued at $349,000. Gamco Investors INC. ET AL lifted its stake in shares of EOG Resources by 216.1% in the second quarter. Gamco Investors INC. ET AL now owns 6,560 shares of the energy exploration company's stock valued at $785,000 after buying an additional 4,485 shares in the last quarter. NewEdge Advisors LLC lifted its stake in shares of EOG Resources by 2.0% in the second quarter. NewEdge Advisors LLC now owns 22,780 shares of the energy exploration company's stock valued at $2,725,000 after buying an additional 444 shares in the last quarter. Finally, Sei Investments Co. lifted its stake in shares of EOG Resources by 4.4% in the second quarter. Sei Investments Co. now owns 362,446 shares of the energy exploration company's stock valued at $43,356,000 after buying an additional 15,250 shares in the last quarter. 89.91% of the stock is owned by institutional investors.

Insider Activity

In other news, CFO Ann D. Janssen sold 4,161 shares of the stock in a transaction dated Thursday, March 19th. The shares were 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 $14,038,449.84. This represents a 3.99% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 5,698 shares of the firm's stock in a transaction dated Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total transaction of $856,523.36. Following the sale, the chief operating officer owned 88,045 shares of the company's stock, valued at $13,234,924.40. This trade represents a 6.08% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 18,230 shares of company stock valued at $2,522,568. 0.14% of the stock is currently owned by corporate insiders.

EOG Resources News Roundup

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

• Positive Sentiment: EOG beat consensus on both EPS and revenue for Q1 — $3.41 EPS and $6.92B revenue, well above estimates and up year‑over‑year; management materials and a slide deck were published with the release. EOG Resources Reports First Quarter 2026 Results
• Positive Sentiment: Beat driven by higher production and commodity prices — Reuters highlights that stronger output and favorable pricing helped the company exceed profit estimates. US shale producer EOG Resources beats first-quarter profit estimates
• Positive Sentiment: EOG published supplemental Q1 financial and operating data plus an outlook, giving investors more detail on volumes, unit economics and capital allocation plans. EOG Resources Issues Q1 2026 Data and Outlook
• Neutral Sentiment: Discussion now turns to gas pricing and shareholder returns — coverage notes those factors will influence how sustainably earnings translate into cash returns to investors. EOG Resources earnings ahead: Gas pricing, returns in spotlight
• Neutral Sentiment: Wall Street remains cautiously optimistic — analysts have generally positive views but are measured on valuation and upside, which could limit near‑term upgrades. EOG Resources Stock Outlook: Is Wall Street Bullish or Bearish?
• Negative Sentiment: Despite the operational beat, shares are trading lower intraday — suggesting profit‑taking or that investors were expecting even stronger guidance/returns. EOG Resources Stock Page

EOG Resources Stock Performance

Shares of EOG stock opened at $140.90 on Wednesday. The firm has a 50-day moving average of $135.28 and a 200-day moving average of $117.95. The company has a market cap of $75.49 billion, a P/E ratio of 15.47, a P/E/G ratio of 1.76 and a beta of 0.27. The company has a debt-to-equity ratio of 0.27, a current ratio of 1.63 and a quick ratio of 1.42. EOG Resources, Inc. has a one year low of $101.59 and a one year high of $151.87.

EOG Resources (NYSE:EOG - Get Free Report) last announced its earnings results on Tuesday, May 5th. The energy exploration company reported $3.41 EPS for the quarter, beating the consensus estimate of $3.23 by $0.18. The company had revenue of $6.92 billion during the quarter, compared to the consensus estimate of $6.18 billion. EOG Resources had a net margin of 22.00% and a return on equity of 18.67%. The firm's revenue for the quarter was up 22.1% on a year-over-year basis. During the same quarter in the prior year, the company posted $2.87 earnings per share. Equities research analysts forecast that EOG Resources, Inc. will post 14.75 EPS for the current fiscal year.

EOG Resources Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, July 31st. Stockholders of record on Friday, July 17th will be issued a $1.02 dividend. The ex-dividend date is Friday, July 17th. This represents a $4.08 annualized dividend and a dividend yield of 2.9%. EOG Resources's dividend payout ratio is currently 44.79%.

Analyst Ratings Changes

A number of research firms have weighed in on EOG. Jefferies Financial Group raised their price objective on shares of EOG Resources from $146.00 to $170.00 and gave the company a "buy" rating in a research note on Monday, April 13th. Raymond James Financial raised their price objective on shares of EOG Resources from $157.00 to $185.00 and gave the company a "strong-buy" rating in a research note on Friday, March 27th. Williams Trading set a $177.00 price objective on shares of EOG Resources in a research note on Monday, April 20th. KeyCorp lowered shares of EOG Resources from an "overweight" rating to a "sector weight" rating in a research note on Friday, January 16th. Finally, Morgan Stanley raised their price objective on shares of EOG Resources from $128.00 to $155.00 and gave the company an "equal weight" rating in a research note on Tuesday, April 28th. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and seventeen have issued a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $153.68.

EOG Resources Company Profile

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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