Diversify Wealth Management LLC Purchases 16,256 Shares of Range Resources Corporation $RRC

15 Jul 2026, 09:27 by Tristan Rich · The Markets Daily

Diversify Wealth Management LLC grew its position in Range Resources Corporation (NYSE:RRC – Free Report) by 56.8% during the 1st quarter, HoldingsChannel reports. The fund owned 44,857 shares of the oil and gas exploration company’s stock after purchasing an additional 16,256 shares during the period. Diversify Wealth Management LLC’s holdings in Range Resources were worth $1,941,000 at the end of the most recent quarter.

Other institutional investors have also recently made changes to their positions in the company. Empowered Funds LLC boosted its stake in shares of Range Resources by 2.1% during the 1st quarter. Empowered Funds LLC now owns 75,851 shares of the oil and gas exploration company’s stock worth $3,029,000 after purchasing an additional 1,563 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC grew its holdings in Range Resources by 1.9% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 466,796 shares of the oil and gas exploration company’s stock valued at $18,639,000 after purchasing an additional 8,816 shares during the last quarter. Focus Partners Wealth purchased a new stake in Range Resources in the 1st quarter worth about $285,000. EverSource Wealth Advisors LLC raised its position in Range Resources by 63.5% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,932 shares of the oil and gas exploration company’s stock worth $119,000 after purchasing an additional 1,139 shares during the period. Finally, California Public Employees Retirement System lifted its stake in Range Resources by 8.0% in the second quarter. California Public Employees Retirement System now owns 410,651 shares of the oil and gas exploration company’s stock worth $16,701,000 after purchasing an additional 30,481 shares during the last quarter. Institutional investors own 98.93% of the company’s stock.

Range Resources Trading Up 0.6%

Shares of NYSE RRC opened at $36.45 on Wednesday. Range Resources Corporation has a twelve month low of $32.60 and a twelve month high of $48.31. The firm has a market cap of $8.59 billion, a PE ratio of 9.64 and a beta of 0.41. The business has a fifty day simple moving average of $38.83 and a two-hundred day simple moving average of $39.34. The company has a quick ratio of 0.55, a current ratio of 0.55 and a debt-to-equity ratio of 0.18.

Range Resources (NYSE:RRC – Get Free Report) last posted its quarterly earnings results on Tuesday, April 21st. The oil and gas exploration company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.25 by $0.27. Range Resources had a return on equity of 18.64% and a net margin of 26.09%.The business had revenue of $1.07 billion for the quarter, compared to the consensus estimate of $898.20 million. During the same quarter in the prior year, the company earned $0.96 EPS. The business’s revenue was up 49.8% compared to the same quarter last year. Analysts expect that Range Resources Corporation will post 3.44 earnings per share for the current fiscal year.

Range Resources Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Friday, June 26th. Investors of record on Friday, June 12th were paid a $0.10 dividend. The ex-dividend date of this dividend was Friday, June 12th. This represents a $0.40 dividend on an annualized basis and a yield of 1.1%. Range Resources’s dividend payout ratio is 10.58%.

Analysts Set New Price Targets

Several research analysts have issued reports on RRC shares. Zacks Research lowered Range Resources from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, June 9th. Freedom Capital upgraded Range Resources from a “hold” rating to a “strong-buy” rating in a report on Friday, April 24th. Bank of America raised their price target on Range Resources from $38.00 to $44.00 and gave the stock a “neutral” rating in a research note on Tuesday, April 21st. Morgan Stanley dropped their price objective on Range Resources from $50.00 to $44.00 and set an “equal weight” rating for the company in a report on Monday, June 29th. Finally, Weiss Ratings downgraded Range Resources from a “buy (b)” rating to a “buy (b-)” rating in a research report on Tuesday, June 2nd. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $43.00.

View Our Latest Report on Range Resources

Key Range Resources News

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

Neutral Sentiment: Zacks Research flagged Range Resources’ upcoming quarterly report as lacking the two ingredients typically needed for a strong earnings beat, signaling cautious expectations ahead of the release. Earnings Preview: Range Resources (RRC) Q2 Earnings Expected to Decline
Neutral Sentiment: Analysts at Zacks Research raised their Q4 2027 EPS estimate to $0.91 from $0.74, but kept a Hold rating, suggesting only limited enthusiasm despite the higher forecast.
Neutral Sentiment: Zacks Research also lifted its Q4 2027 and other longer-dated estimates in some cases, but the firm’s overall stance remained unchanged at Hold, indicating the revisions are not enough to turn bullish.

Range Resources Profile

(Free Report)

Range Resources Corporation, headquartered in Fort Worth, Texas, is an independent energy company engaged in the exploration, development and production of natural gas, oil and natural gas liquids. The company focuses its core operations on the Appalachian Basin, with a significant presence in Pennsylvania’s Marcellus Shale. Through its drilling and completion activities, Range Resources seeks to optimize production efficiency while maintaining a disciplined approach to capital allocation and cost management.