Northern Trust Corp Has $779.43 Million Stock Position in EOG Resources, Inc. $EOG

19 Aug 2025, 10:30 by Doug Wharley · The Cerbat Gem

Northern Trust Corp boosted its holdings in shares of EOG Resources, Inc. (NYSE:EOG – Free Report) by 6.3% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 6,077,928 shares of the energy exploration company’s stock after buying an additional 358,916 shares during the period. Northern Trust Corp’s holdings in EOG Resources were worth $779,433,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Bank Pictet & Cie Europe AG grew its stake in EOG Resources by 56.3% in the fourth quarter. Bank Pictet & Cie Europe AG now owns 248,399 shares of the energy exploration company’s stock valued at $30,449,000 after purchasing an additional 89,521 shares in the last quarter. NewEdge Advisors LLC grew its stake in EOG Resources by 13.7% in the fourth quarter. NewEdge Advisors LLC now owns 19,204 shares of the energy exploration company’s stock valued at $2,354,000 after purchasing an additional 2,307 shares in the last quarter. Marshall Wace LLP grew its stake in EOG Resources by 266.5% in the fourth quarter. Marshall Wace LLP now owns 29,319 shares of the energy exploration company’s stock valued at $3,594,000 after purchasing an additional 21,319 shares in the last quarter. Canada Pension Plan Investment Board grew its stake in EOG Resources by 1.5% in the fourth quarter. Canada Pension Plan Investment Board now owns 150,487 shares of the energy exploration company’s stock valued at $18,447,000 after purchasing an additional 2,185 shares in the last quarter. Finally, MML Investors Services LLC grew its stake in EOG Resources by 4.1% in the fourth quarter. MML Investors Services LLC now owns 40,309 shares of the energy exploration company’s stock valued at $4,941,000 after purchasing an additional 1,601 shares in the last quarter. 89.91% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of brokerages have commented on EOG. Piper Sandler lowered their target price on EOG Resources from $138.00 to $136.00 and set a “neutral” rating on the stock in a research note on Thursday, July 17th. Raymond James Financial boosted their target price on EOG Resources from $158.00 to $161.00 and gave the company a “strong-buy” rating in a research note on Tuesday, July 22nd. Roth Capital downgraded EOG Resources from a “buy” rating to a “neutral” rating and decreased their price target for the stock from $140.00 to $134.00 in a research note on Wednesday, July 9th. KeyCorp decreased their price target on EOG Resources from $150.00 to $140.00 and set an “overweight” rating for the company in a research note on Monday, April 21st. Finally, Wells Fargo & Company reiterated an “overweight” rating on shares of EOG Resources in a research note on Sunday, June 22nd. Twelve investment analysts have rated the stock with a hold rating, nine have given a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat, EOG Resources presently has an average rating of “Moderate Buy” and an average price target of $140.71.

Get Our Latest Research Report on EOG

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 3,951 shares of the firm’s stock in a transaction on Monday, June 30th. The stock was sold at an average price of $119.65, for a total transaction of $472,737.15. Following the sale, the chief operating officer owned 45,739 shares of the company’s stock, valued at approximately $5,472,671.35. This trade represents a 7.95% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. 0.13% of the stock is owned by corporate insiders.

EOG Resources Stock Down 1.2%

NYSE:EOG opened at $117.60 on Tuesday. EOG Resources, Inc. has a 12-month low of $102.52 and a 12-month high of $138.18. The company has a quick ratio of 1.61, a current ratio of 1.79 and a debt-to-equity ratio of 0.12. The firm has a market capitalization of $64.21 billion, a P/E ratio of 11.43, a P/E/G ratio of 9.15 and a beta of 0.80. The stock’s fifty day simple moving average is $120.36 and its 200-day simple moving average is $119.27.

EOG Resources (NYSE:EOG – Get Free Report) last posted its quarterly earnings results on Thursday, August 7th. The energy exploration company reported $2.32 earnings per share (EPS) for the quarter, topping the consensus estimate of $2.14 by $0.18. EOG Resources had a return on equity of 20.51% and a net margin of 25.25%. The business had revenue of $5.48 billion for the quarter, compared to analyst estimates of $5.45 billion. During the same period last year, the company earned $3.16 EPS. The firm’s revenue was down 9.1% on a year-over-year basis. Equities research analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current year.

EOG Resources Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Friday, October 31st. Stockholders of record on Friday, October 17th will be given a $1.02 dividend. The ex-dividend date is Friday, October 17th. This represents a $4.08 annualized dividend and a dividend yield of 3.5%. This is an increase from EOG Resources’s previous quarterly dividend of $0.98. EOG Resources’s dividend payout ratio is 39.65%.

EOG Resources Company Profile

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