Robeco Institutional Asset Management B.V. Has $45.09 Million Holdings in EOG Resources, Inc. (NYSE:EOG)

Robeco Institutional Asset Management B.V. raised its position in EOG Resources, Inc. (NYSE:EOG - Free Report) by 32.4% during the first quarter, according to its most recent filing with the SEC. The firm owned 351,584 shares of the energy exploration company's stock after purchasing an additional 86,035 shares during the period. Robeco Institutional Asset Management B.V. owned 0.06% of EOG Resources worth $45,087,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of EOG. 1ST Source Bank grew its holdings in EOG Resources by 1.5% during the 4th quarter. 1ST Source Bank now owns 5,349 shares of the energy exploration company's stock worth $656,000 after acquiring an additional 80 shares during the period. Penobscot Investment Management Company Inc. lifted its stake in EOG Resources by 2.0% during the 4th quarter. Penobscot Investment Management Company Inc. now owns 4,065 shares of the energy exploration company's stock valued at $498,000 after acquiring an additional 80 shares in the last quarter. TD Private Client Wealth LLC boosted its holdings in EOG Resources by 1.4% during the fourth quarter. TD Private Client Wealth LLC now owns 5,786 shares of the energy exploration company's stock worth $709,000 after purchasing an additional 81 shares during the last quarter. Advisor OS LLC boosted its stake in shares of EOG Resources by 3.1% in the 4th quarter. Advisor OS LLC now owns 2,751 shares of the energy exploration company's stock worth $337,000 after buying an additional 82 shares during the last quarter. Finally, NBT Bank N A NY grew its stake in EOG Resources by 3.9% in the 4th quarter. NBT Bank N A NY now owns 2,411 shares of the energy exploration company's stock valued at $296,000 after purchasing an additional 90 shares during the period. 89.91% of the stock is owned by institutional investors.

EOG Resources Trading Up 1.0%

NYSE EOG opened at $121.06 on Friday. The firm has a market cap of $66.07 billion, a PE ratio of 11.23, a price-to-earnings-growth ratio of 9.63 and a beta of 0.74. EOG Resources, Inc. has a 1-year low of $102.52 and a 1-year high of $138.18. The company has a current ratio of 1.87, a quick ratio of 1.71 and a debt-to-equity ratio of 0.12. The stock has a 50-day moving average of $114.49 and a 200-day moving average of $121.40.

EOG Resources (NYSE:EOG - Get Free Report) last issued its quarterly earnings data on Thursday, May 1st. The energy exploration company reported $2.87 EPS for the quarter, beating the consensus estimate of $2.75 by $0.12. The firm had revenue of $5.84 billion during the quarter, compared to the consensus estimate of $5.92 billion. EOG Resources had a net margin of 26.14% and a return on equity of 22.35%. The company's quarterly revenue was down 7.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $2.82 earnings per share. As a group, sell-side analysts forecast that EOG Resources, Inc. will post 11.47 EPS for the current year.

EOG Resources Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Investors of record on Friday, October 17th will be paid a $1.02 dividend. This represents a $4.08 annualized dividend and a dividend yield of 3.37%. This is a positive change from EOG Resources's previous quarterly dividend of $0.98. The ex-dividend date is Friday, October 17th. EOG Resources's dividend payout ratio (DPR) is presently 36.18%.

Insider Buying and Selling at EOG Resources

In other news, COO Jeffrey R. Leitzell sold 4,037 shares of the company's stock in a transaction on Tuesday, April 1st. The stock was sold at an average price of $127.76, for a total transaction of $515,767.12. Following the transaction, the chief operating officer now directly owns 47,732 shares of the company's stock, valued at $6,098,240.32. This represents a 7.80% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders own 0.13% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts recently commented on the stock. Scotiabank raised shares of EOG Resources from a "sector perform" rating to a "sector outperform" rating and lowered their price target for the stock from $150.00 to $130.00 in a report on Friday, April 11th. Raymond James Financial raised their price objective on shares of EOG Resources from $148.00 to $158.00 and gave the company a "strong-buy" rating in a research report on Monday, June 2nd. Piper Sandler decreased their target price on shares of EOG Resources from $135.00 to $133.00 and set a "neutral" rating on the stock in a report on Tuesday, April 22nd. Royal Bank Of Canada reiterated an "outperform" rating and issued a $145.00 target price on shares of EOG Resources in a research note on Friday, June 20th. Finally, UBS Group reaffirmed a "buy" rating and issued a $140.00 price target (up previously from $135.00) on shares of EOG Resources in a report on Tuesday, June 3rd. Twelve analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of $139.48.

About EOG Resources

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.

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