EOG Resources, Inc. (NYSE:EOG) Shares Sold by GW Henssler & Associates Ltd.

GW Henssler & Associates Ltd. decreased its stake in EOG Resources, Inc. (NYSE:EOG - Free Report) by 20.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 49,130 shares of the energy exploration company's stock after selling 12,979 shares during the period. GW Henssler & Associates Ltd.'s holdings in EOG Resources were worth $5,942,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of EOG. Cetera Investment Advisers grew its holdings in shares of EOG Resources by 16.0% during the first quarter. Cetera Investment Advisers now owns 16,031 shares of the energy exploration company's stock worth $1,911,000 after purchasing an additional 2,213 shares during the last quarter. Moors & Cabot Inc. purchased a new position in EOG Resources during the 1st quarter worth approximately $404,000. Sequoia Financial Advisors LLC acquired a new position in EOG Resources during the first quarter worth approximately $278,000. Zions Bancorporation N.A. lifted its stake in EOG Resources by 237.7% in the first quarter. Zions Bancorporation N.A. now owns 1,155 shares of the energy exploration company's stock valued at $138,000 after buying an additional 813 shares during the last quarter. Finally, Brown Brothers Harriman & Co. boosted its holdings in shares of EOG Resources by 23.7% in the first quarter. Brown Brothers Harriman & Co. now owns 662 shares of the energy exploration company's stock valued at $79,000 after acquiring an additional 127 shares during the period. 89.91% of the stock is owned by hedge funds and other institutional investors.

EOG Resources Price Performance

EOG traded up $0.89 on Wednesday, hitting $137.95. 3,397,420 shares of the company were exchanged, compared to its average volume of 3,483,379. The business's fifty day moving average is $119.89 and its 200 day moving average is $121.58. EOG Resources, Inc. has a fifty-two week low of $106.32 and a fifty-two week high of $138.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.13 and a current ratio of 2.44. The firm has a market capitalization of $79.35 billion, a P/E ratio of 10.53 and a beta of 1.40.

EOG Resources (NYSE:EOG - Get Free Report) last released its quarterly earnings data on Friday, February 23rd. The energy exploration company reported $3.07 earnings per share for the quarter, missing the consensus estimate of $3.14 by ($0.07). The firm had revenue of $6.36 billion during the quarter, compared to analysts' expectations of $6.18 billion. EOG Resources had a net margin of 31.40% and a return on equity of 25.38%. The business's revenue for the quarter was down 5.4% on a year-over-year basis. During the same period in the previous year, the business earned $3.30 earnings per share. As a group, sell-side analysts anticipate that EOG Resources, Inc. will post 11.85 EPS for the current year.

EOG Resources Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, April 30th. Stockholders of record on Tuesday, April 16th will be paid a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend is Monday, April 15th. EOG Resources's dividend payout ratio (DPR) is presently 27.98%.

Analyst Ratings Changes

Several research firms recently commented on EOG. Barclays started coverage on shares of EOG Resources in a research report on Wednesday. They issued an "equal weight" rating and a $144.00 price target for the company. Wells Fargo & Company downgraded shares of EOG Resources from an "overweight" rating to an "equal weight" rating and decreased their target price for the stock from $150.00 to $130.00 in a research note on Thursday, December 14th. Mizuho dropped their price target on EOG Resources from $150.00 to $138.00 and set a "buy" rating on the stock in a research report on Wednesday, January 3rd. Piper Sandler decreased their price objective on EOG Resources from $153.00 to $141.00 and set an "overweight" rating for the company in a research report on Thursday, March 7th. Finally, Susquehanna lowered their target price on EOG Resources from $164.00 to $147.00 and set a "positive" rating on the stock in a research note on Friday, January 26th. Twelve research analysts have rated the stock with a hold rating, nine have assigned a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $140.29.

EOG Resources 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.

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