TD Private Client Wealth LLC Has $709,000 Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

TD Private Client Wealth LLC boosted its position in EOG Resources, Inc. (NYSE:EOG) by 1.4% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 5,786 shares of the energy exploration company’s stock after acquiring an additional 81 shares during the period. TD Private Client Wealth LLC’s holdings in EOG Resources were worth $709,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in EOG. Financial Life Planners acquired a new stake in EOG Resources during the 4th quarter worth $25,000. Y.D. More Investments Ltd lifted its stake in shares of EOG Resources by 149.4% in the 4th quarter. Y.D. More Investments Ltd now owns 202 shares of the energy exploration company’s stock valued at $25,000 after purchasing an additional 121 shares during the period. Mainstream Capital Management LLC bought a new position in shares of EOG Resources in the 4th quarter worth $25,000. Decker Retirement Planning Inc. acquired a new stake in shares of EOG Resources during the fourth quarter worth $27,000. Finally, Keystone Financial Group Inc. bought a new stake in EOG Resources in the fourth quarter valued at about $27,000. 89.91% of the stock is currently owned by institutional investors and hedge funds.

EOG Resources Stock Performance

EOG opened at $124.91 on Monday. The business’s 50-day simple moving average is $129.11 and its 200 day simple moving average is $127.51. EOG Resources, Inc. has a 52-week low of $115.78 and a 52-week high of $139.67. The company has a debt-to-equity ratio of 0.13, a quick ratio of 2.07 and a current ratio of 2.31. The firm has a market capitalization of $69.19 billion, a PE ratio of 10.06, a PEG ratio of 3.58 and a beta of 1.25.

EOG Resources (NYSE:EOG) last announced its quarterly earnings data on Friday, February 28th. The energy exploration company reported $2.74 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $2.55 by $0.19. EOG Resources had a return on equity of 23.77% and a net margin of 29.18%. The company had revenue of $5.59 billion for the quarter, compared to analysts’ expectations of $5.96 billion. As a group, sell-side analysts expect that EOG Resources, Inc. will post 11.47 earnings per share for the current fiscal year.

EOG Resources Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, April 30th. Stockholders of record on Wednesday, April 16th will be paid a dividend of $0.975 per share. The ex-dividend date is Wednesday, April 16th. This represents a $3.90 annualized dividend and a dividend yield of 3.12%. EOG Resources’s dividend payout ratio is presently 34.73%.

Insider Activity

In related news, COO Jeffrey R. Leitzell sold 4,000 shares of the business’s stock in a transaction that occurred on Tuesday, December 31st. The stock was sold at an average price of $120.89, for a total transaction of $483,560.00. Following the transaction, the chief operating officer now directly owns 42,703 shares of the company’s stock, valued at approximately $5,162,365.67. The trade was a 8.56 % decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.30% of the stock is owned by insiders.

Analysts Set New Price Targets

Several research firms recently weighed in on EOG. Truist Financial lifted their price objective on shares of EOG Resources from $135.00 to $137.00 and gave the stock a “hold” rating in a research note on Monday, January 13th. Raymond James boosted their price target on shares of EOG Resources from $167.00 to $175.00 and gave the company a “strong-buy” rating in a report on Thursday, January 23rd. Barclays dropped their price objective on EOG Resources from $146.00 to $144.00 and set an “equal weight” rating on the stock in a research note on Tuesday, March 18th. Royal Bank of Canada raised EOG Resources from a “sector perform” rating to an “outperform” rating and boosted their target price for the company from $150.00 to $155.00 in a research note on Wednesday, February 12th. Finally, Benchmark reaffirmed a “hold” rating on shares of EOG Resources in a research report on Monday, January 13th. Twelve 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 stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $145.33.

EOG Resources Company 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.