EOG Resources, Inc. (NYSE:EOG) Shares Bought by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. increased its position in EOG Resources, Inc. (NYSE:EOG) by 193.4% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 222,205 shares of the energy exploration company’s stock after acquiring an additional 146,460 shares during the period. Robeco Institutional Asset Management B.V.’s holdings in EOG Resources were worth $27,316,000 at the end of the most recent reporting period.

Several other hedge funds have also recently bought and sold shares of EOG. IAG Wealth Partners LLC increased its stake in shares of EOG Resources by 10,071.6% in the third quarter. IAG Wealth Partners LLC now owns 20,750 shares of the energy exploration company’s stock valued at $2,551,000 after purchasing an additional 20,546 shares during the period. Angeles Wealth Management LLC increased its position in EOG Resources by 10.5% in the 3rd quarter. Angeles Wealth Management LLC now owns 3,412 shares of the energy exploration company’s stock valued at $419,000 after acquiring an additional 323 shares during the period. Van ECK Associates Corp increased its position in EOG Resources by 1.7% in the 3rd quarter. Van ECK Associates Corp now owns 38,231 shares of the energy exploration company’s stock valued at $4,768,000 after acquiring an additional 654 shares during the period. Harbor Capital Advisors Inc. acquired a new position in EOG Resources during the 3rd quarter worth $47,000. Finally, Private Wealth Partners LLC grew its stake in shares of EOG Resources by 18.8% in the third quarter. Private Wealth Partners LLC now owns 4,750 shares of the energy exploration company’s stock worth $584,000 after purchasing an additional 750 shares in the last quarter. 89.91% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

EOG has been the topic of a number of recent analyst reports. KeyCorp cut their price objective on shares of EOG Resources from $157.00 to $150.00 and set an “overweight” rating on the stock in a research note on Wednesday, October 16th. Royal Bank of Canada reaffirmed a “sector perform” rating and issued a $145.00 price target on shares of EOG Resources in a research note on Monday, October 14th. Piper Sandler lowered their price objective on shares of EOG Resources from $154.00 to $147.00 and set an “overweight” rating on the stock in a research note on Thursday, August 15th. Sanford C. Bernstein cut their target price on EOG Resources from $139.00 to $125.00 and set a “market perform” rating for the company in a research report on Wednesday, July 17th. Finally, Truist Financial lowered their price target on EOG Resources from $130.00 to $115.00 and set a “hold” rating on the stock in a research report on Monday, September 30th. Fourteen research analysts have rated the stock with a hold rating, eight have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $141.20.

EOG Resources Stock Down 0.7 %

NYSE:EOG opened at $122.11 on Wednesday. The business’s fifty day moving average price is $125.18 and its 200 day moving average price is $126.07. The firm has a market capitalization of $69.43 billion, a price-to-earnings ratio of 9.43, a PEG ratio of 3.18 and a beta of 1.28. The company has a current ratio of 2.12, a quick ratio of 1.89 and a debt-to-equity ratio of 0.11. EOG Resources, Inc. has a 1-year low of $108.94 and a 1-year high of $139.67.

Insider Activity

In related news, Director Charles R. Crisp sold 6,500 shares of the firm’s stock in a transaction that occurred on 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 in the company, valued at approximately $7,648,035.20. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. In other EOG Resources news, Director Charles R. Crisp sold 6,500 shares of the company’s stock in a transaction that occurred on Wednesday, August 21st. The shares were sold at an average price of $125.60, for a total value of $816,400.00. Following the transaction, the director now owns 60,892 shares in the company, valued at approximately $7,648,035.20. This represents a 0.00 % decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, EVP Michael P. Donaldson sold 11,037 shares of the business’s stock in a transaction on Monday, August 26th. The shares were sold at an average price of $129.50, for a total transaction of $1,429,291.50. Following the transaction, the executive vice president now owns 74,250 shares in the company, valued at approximately $9,615,375. This represents a 0.00 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 21,537 shares of company stock worth $2,751,612 in the last 90 days. Company insiders own 0.20% of the company’s stock.

About EOG Resources

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.