Panagora Asset Management Inc. Lowers Position in EOG Resources, Inc. $EOG

16 Jun 2026, 06:29 by Jessica Moore · The Cerbat Gem

Panagora Asset Management Inc. lowered its holdings in EOG Resources, Inc. (NYSE:EOG – Free Report) by 33.7% during the 4th quarter, HoldingsChannel.com reports. The fund owned 467,591 shares of the energy exploration company’s stock after selling 237,162 shares during the quarter. Panagora Asset Management Inc.’s holdings in EOG Resources were worth $49,102,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Acumen Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the 4th quarter valued at about $25,000. Gen Wealth Partners Inc purchased a new stake in shares of EOG Resources in the 4th quarter valued at about $30,000. Nemes Rush Group LLC purchased a new stake in shares of EOG Resources in the 4th quarter valued at about $30,000. Olistico Wealth LLC purchased a new stake in shares of EOG Resources in the 4th quarter valued at about $33,000. Finally, Physician Wealth Advisors Inc. raised its holdings in shares of EOG Resources by 103.0% in the 4th quarter. Physician Wealth Advisors Inc. now owns 335 shares of the energy exploration company’s stock valued at $35,000 after acquiring an additional 170 shares in the last quarter. Hedge funds and other institutional investors own 89.91% of the company’s stock.

EOG Resources Price Performance

Shares of EOG Resources stock opened at $132.07 on Tuesday. The company has a current ratio of 1.72, a quick ratio of 1.53 and a debt-to-equity ratio of 0.26. The firm has a market capitalization of $70.34 billion, a PE ratio of 13.00 and a beta of 0.25. The business’s 50-day moving average price is $136.82 and its 200-day moving average price is $124.18. EOG Resources, Inc. has a 12 month low of $101.59 and a 12 month high of $151.87.

EOG Resources (NYSE:EOG – Get Free Report) last announced its quarterly earnings data 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 firm had revenue of $6.92 billion for the quarter, compared to analyst estimates of $6.18 billion. EOG Resources had a return on equity of 19.25% and a net margin of 23.01%.The company’s revenue was up 22.1% on a year-over-year basis. During the same period in the prior year, the company earned $2.87 EPS. Sell-side analysts forecast that EOG Resources, Inc. will post 16.63 EPS for the current fiscal year.

EOG Resources Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Friday, July 31st. Shareholders of record on Friday, July 17th will be paid a $1.02 dividend. This represents a $4.08 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend is Friday, July 17th. EOG Resources’s payout ratio is 40.16%.

Analysts Set New Price Targets

Several analysts have weighed in on EOG shares. Royal Bank Of Canada raised their price target on EOG Resources from $138.00 to $175.00 and gave the company an “outperform” rating in a report on Wednesday, April 8th. Mizuho set a $157.00 price objective on EOG Resources and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Wall Street Zen upgraded EOG Resources from a “hold” rating to a “buy” rating in a research report on Saturday, May 9th. Williams Trading set a $177.00 price objective on EOG Resources in a research report on Monday, April 20th. Finally, Roth Mkm reiterated a “neutral” rating and set a $136.00 price objective on shares of EOG Resources in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating and sixteen have assigned a Hold rating to the stock. According to MarketBeat.com, EOG Resources has an average rating of “Moderate Buy” and an average target price of $156.32.

Check Out Our Latest Stock Report on EOG

Insider Buying and Selling

In other EOG Resources news, CFO Ann D. Janssen sold 4,161 shares of EOG Resources stock in a transaction that occurred on Thursday, March 19th. The stock was sold at an average price of $140.04, for a total value of $582,706.44. Following the transaction, the chief financial officer directly owned 100,246 shares of the company’s stock, valued at $14,038,449.84. The trade was a 3.99% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, COO Jeffrey R. Leitzell sold 5,698 shares of EOG Resources stock in a transaction that occurred on Tuesday, March 31st. The stock was sold at an average price of $150.32, for a total value of $856,523.36. Following the completion of the transaction, the chief operating officer directly owned 88,045 shares in the company, valued at $13,234,924.40. This trade represents a 6.08% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 0.14% of the stock is owned by insiders.

EOG Resources Company Profile

(Free Report)

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).