Catalina Capital Group LLC Has $352,000 Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Catalina Capital Group LLC lifted its holdings in shares of EOG Resources, Inc. (NYSE:EOG) by 14.8% in the second quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,797 shares of the energy exploration company’s stock after buying an additional 360 shares during the period. Catalina Capital Group LLC’s holdings in EOG Resources were worth $352,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds have also modified their holdings of the company. Tennessee Valley Asset Management Partners bought a new position in shares of EOG Resources in the fourth quarter worth about $40,000. Federated Hermes Inc. boosted its position in EOG Resources by 15.4% in the fourth quarter. Federated Hermes Inc. now owns 11,324 shares of the energy exploration company’s stock valued at $1,370,000 after buying an additional 1,512 shares in the last quarter. J.W. Cole Advisors Inc. grew its stake in shares of EOG Resources by 24.4% during the fourth quarter. J.W. Cole Advisors Inc. now owns 2,353 shares of the energy exploration company’s stock worth $285,000 after buying an additional 461 shares during the last quarter. CWM LLC increased its holdings in shares of EOG Resources by 15.4% during the fourth quarter. CWM LLC now owns 15,694 shares of the energy exploration company’s stock worth $1,898,000 after buying an additional 2,090 shares in the last quarter. Finally, Larson Financial Group LLC lifted its stake in shares of EOG Resources by 30.9% in the 4th quarter. Larson Financial Group LLC now owns 1,164 shares of the energy exploration company’s stock valued at $141,000 after acquiring an additional 275 shares during the last quarter. 89.91% of the stock is currently owned by institutional investors.

Insider Activity

In related news, Director Charles R. Crisp sold 6,500 shares of the stock in a transaction on Wednesday, August 21st. The stock was sold at an average price of $125.60, for a total value of $816,400.00. Following the transaction, the director now directly owns 60,892 shares in the company, valued at approximately $7,648,035.20. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. In other news, Director Charles R. Crisp sold 6,500 shares of the business’s stock in a transaction dated Wednesday, August 21st. The shares were sold at an average price of $125.60, for a total transaction of $816,400.00. Following the completion of the sale, the director now directly owns 60,892 shares of the company’s stock, valued at $7,648,035.20. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 4,000 shares of the firm’s stock in a transaction dated Friday, August 9th. The shares were sold at an average price of $126.48, for a total transaction of $505,920.00. Following the completion of the transaction, the chief operating officer now directly owns 35,058 shares in the company, valued at approximately $4,434,135.84. The disclosure for this sale can be found here. Corporate insiders own 0.30% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the company. KeyCorp started coverage on EOG Resources in a research report on Thursday, June 27th. They set an “overweight” rating and a $157.00 price objective on the stock. TD Cowen boosted their price target on EOG Resources from $130.00 to $144.00 and gave the stock a “hold” rating in a report on Tuesday, April 30th. Truist Financial dropped their price objective on shares of EOG Resources from $136.00 to $130.00 and set a “hold” rating for the company in a report on Monday, July 22nd. Mizuho boosted their target price on shares of EOG Resources from $140.00 to $156.00 and gave the stock a “buy” rating in a report on Monday, May 13th. Finally, Wolfe Research started coverage on shares of EOG Resources in a report on Thursday, July 18th. They set a “peer perform” rating on the stock. Fourteen analysts have rated the stock with a hold rating, nine have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, EOG Resources presently has a consensus rating of “Hold” and an average target price of $144.15.

EOG Resources Stock Up 1.3 %

NYSE EOG traded up $1.68 on Friday, hitting $126.90. 1,995,815 shares of the company were exchanged, compared to its average volume of 3,158,795. The company has a current ratio of 2.32, a quick ratio of 2.05 and a debt-to-equity ratio of 0.13. The company has a market cap of $72.93 billion, a PE ratio of 10.02, a PEG ratio of 2.15 and a beta of 1.30. The stock has a fifty day moving average of $125.96 and a 200-day moving average of $125.03. EOG Resources, Inc. has a 12 month low of $108.94 and a 12 month high of $139.67.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Thursday, August 1st. The energy exploration company reported $3.16 earnings per share for the quarter, beating the consensus estimate of $2.98 by $0.18. The firm had revenue of $6.03 billion for the quarter, compared to analyst estimates of $6.07 billion. EOG Resources had a net margin of 30.33% and a return on equity of 25.65%. The business’s quarterly revenue was up 8.1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $2.49 earnings per share. As a group, analysts forecast that EOG Resources, Inc. will post 12.13 earnings per share for the current year.

EOG Resources Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, October 31st. Shareholders of record on Thursday, October 17th will be paid a $0.91 dividend. The ex-dividend date is Thursday, October 17th. This represents a $3.64 dividend on an annualized basis and a yield of 2.87%. EOG Resources’s dividend payout ratio (DPR) is presently 28.75%.

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.