Rep. Lisa C. McClain Purchases Shares of Range Resources Corporation (NYSE:RRC)

Key Points

• Representative Lisa C. McClain purchased shares of Range Resources Corporation (NYSE:RRC) worth between $1,001 and $15,000 on July 22nd, disclosed in a filing on August 13th.
• Range Resources reported an EPS of $0.66 for the quarter, exceeding estimates, with a revenue of $856.28 million, significantly higher than the consensus estimate of $708.38 million.
• The company announced a quarterly dividend of $0.09, representing an annualized yield of 1.0% and a dividend payout ratio of 18.09%.

Representative Lisa C. McClain (R-Michigan) recently bought shares of Range Resources Corporation NYSE: RRC. In a filing disclosed on August 13th, the Representative disclosed that they had bought between $1,001 and $15,000 in Range Resources stock on July 22nd. The trade occurred in the Representative's "CHARLES SCHWAB BROKERAGE ACCOUNT 924" account.

Representative Lisa C. McClain also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Autoliv NYSE: ALV on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Amazon.com NASDAQ: AMZN on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Applied Materials NASDAQ: AMAT on 8/4/2025.
• Sold $1,001 - $15,000 in shares of Arthur J. Gallagher & Co. NYSE: AJG on 8/4/2025.
• Sold $1,001 - $15,000 in shares of SAP NYSE: SAP on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of XPO NYSE: XPO on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Lithia Motors NYSE: LAD on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Sanofi NASDAQ: SNY on 7/22/2025.
• Sold $1,001 - $15,000 in shares of Waters NYSE: WAT on 7/22/2025.
• Purchased $1,001 - $15,000 in shares of Group 1 Automotive NYSE: GPI on 7/22/2025.

Range Resources Stock Performance

RRC traded up $0.38 during trading on Friday, hitting $34.62. The stock had a trading volume of 320,231 shares, compared to its average volume of 2,862,518. The firm has a market cap of $8.24 billion, a PE ratio of 17.37, a P/E/G ratio of 0.27 and a beta of 0.60. Range Resources Corporation has a 12 month low of $27.55 and a 12 month high of $43.50. The company has a current ratio of 0.55, a quick ratio of 0.55 and a debt-to-equity ratio of 0.29. The company has a 50 day simple moving average of $38.09 and a 200-day simple moving average of $37.60.

Range Resources (NYSE:RRC - Get Free Report) last announced its earnings results on Tuesday, July 22nd. The oil and gas exploration company reported $0.66 EPS for the quarter, topping the consensus estimate of $0.65 by $0.01. Range Resources had a net margin of 17.22% and a return on equity of 15.95%. The firm had revenue of $856.28 million for the quarter, compared to the consensus estimate of $708.38 million. During the same quarter last year, the firm posted $0.46 EPS. Analysts expect that Range Resources Corporation will post 2.02 EPS for the current year.

Range Resources Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Friday, June 27th. Investors of record on Friday, June 13th were issued a $0.09 dividend. This represents a $0.36 annualized dividend and a yield of 1.0%. The ex-dividend date was Friday, June 13th. Range Resources's dividend payout ratio (DPR) is 18.09%.

Hedge Funds Weigh In On Range Resources

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its position in shares of Range Resources by 1,464.6% during the second quarter. Hantz Financial Services Inc. now owns 751 shares of the oil and gas exploration company's stock worth $31,000 after purchasing an additional 703 shares in the last quarter. Hollencrest Capital Management acquired a new position in shares of Range Resources during the first quarter worth approximately $33,000. Bessemer Group Inc. lifted its position in shares of Range Resources by 48.0% during the first quarter. Bessemer Group Inc. now owns 971 shares of the oil and gas exploration company's stock worth $39,000 after purchasing an additional 315 shares in the last quarter. Cullen Frost Bankers Inc. acquired a new position in shares of Range Resources during the first quarter worth approximately $39,000. Finally, Barrett & Company Inc. acquired a new position in shares of Range Resources during the second quarter worth approximately $41,000. 98.93% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several analysts have recently weighed in on the company. Piper Sandler decreased their price objective on Range Resources from $41.00 to $39.00 and set a "neutral" rating on the stock in a report on Thursday. Mizuho lifted their price objective on Range Resources from $46.00 to $48.00 and gave the stock an "outperform" rating in a report on Wednesday, July 23rd. Bank of America lifted their target price on shares of Range Resources from $45.00 to $47.00 and gave the company a "buy" rating in a research report on Friday, May 23rd. Royal Bank Of Canada reiterated a "sector perform" rating and set a $45.00 target price on shares of Range Resources in a research report on Tuesday, July 15th. Finally, Scotiabank set a $46.00 target price on shares of Range Resources and gave the company a "sector perform" rating in a research report on Friday, July 11th. Two equities research analysts have rated the stock with a sell rating, eleven have assigned a hold rating, seven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus target price of $43.26.

Insider Activity

In other news, Director Reginal Spiller sold 4,200 shares of the company's stock in a transaction that occurred on Tuesday, May 27th. The shares were sold at an average price of $40.16, for a total transaction of $168,672.00. Following the transaction, the director directly owned 13,663 shares in the company, valued at approximately $548,706.08. This represents a 23.51% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 1.00% of the company's stock.

About Representative McClain

Lisa McClain (Republican Party) is a member of the U.S. House, representing Michigan's 9th Congressional District. She assumed office on January 3, 2023. Her current term ends on January 3, 2027. McClain (Republican Party) is running for re-election to the U.S. House to represent Michigan's 9th Congressional District. She declared candidacy for the 2026 election. Lisa McClain lives in Romeo, Michigan. McClain earned a bachelor's degree in business administration from Northwood University. Her career experience includes founding and working as the president of North End Support Team.

Range Resources Company Profile

Range Resources Corporation operates as an independent natural gas, natural gas liquids (NGLs), crude oil, and condensate company in the United States. The company engages in the exploration, development, and acquisition of natural gas and crude oil properties located in the Appalachian region. It sells natural gas to utilities, marketing and midstream companies, and industrial users; NGLs to petrochemical end users, marketers/traders, and natural gas processors; and oil and condensate to crude oil processors, transporters, and refining and marketing companies.

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