Radnor Capital Management LLC Raises Stock Holdings in EOG Resources, Inc. (NYSE:EOG)

Radnor Capital Management LLC raised its position in shares of EOG Resources, Inc. (NYSE:EOG) by 8.7% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,080 shares of the energy exploration company’s stock after buying an additional 730 shares during the quarter. Radnor Capital Management LLC’s holdings in EOG Resources were worth $1,116,000 at the end of the most recent quarter.

Other hedge funds have also recently modified their holdings of the company. Northwest Investment Counselors LLC bought a new stake in EOG Resources during the third quarter worth about $26,000. Riverview Trust Co bought a new stake in shares of EOG Resources in the 2nd quarter worth approximately $27,000. MFA Wealth Advisors LLC purchased a new stake in shares of EOG Resources in the 2nd quarter worth approximately $28,000. Eastern Bank bought a new position in EOG Resources during the 3rd quarter valued at approximately $28,000. Finally, Gladius Capital Management LP purchased a new position in EOG Resources during the second quarter valued at $30,000. Institutional investors own 89.91% of the company’s stock.

Analysts Set New Price Targets

A number of research firms have recently commented on EOG. Susquehanna cut their target price on EOG Resources from $159.00 to $158.00 and set a “positive” rating on the stock in a research note on Wednesday, September 4th. 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 report on Wednesday, October 16th. Truist Financial decreased their target price on shares of EOG Resources from $130.00 to $115.00 and set a “hold” rating for the company in a report on Monday, September 30th. UBS Group cut their price target on shares of EOG Resources from $167.00 to $154.00 and set a “buy” rating on the stock in a report on Wednesday, September 18th. Finally, Piper Sandler lowered their price objective on EOG Resources from $154.00 to $147.00 and set an “overweight” rating on the stock in a research report on Thursday, August 15th. Fourteen investment analysts have rated the stock with a hold rating, eight have assigned a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus target price of $141.20.

Insider Buying and Selling at EOG Resources

In other news, EVP Michael P. Donaldson sold 11,037 shares of the firm’s stock in a transaction dated Monday, August 26th. The stock was sold at an average price of $129.50, for a total value of $1,429,291.50. Following the transaction, the executive vice president now owns 74,250 shares of the company’s stock, valued at $9,615,375. This trade represents a 0.00 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. In other news, EVP Michael P. Donaldson sold 11,037 shares of the stock in a transaction on Monday, August 26th. The shares were sold at an average price of $129.50, for a total value of $1,429,291.50. Following the completion of the sale, the executive vice president now directly owns 74,250 shares of the company’s stock, valued at $9,615,375. This represents a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Jeffrey R. Leitzell sold 4,000 shares of EOG Resources stock in a transaction on Friday, August 9th. The shares were sold at an average price of $126.48, for a total transaction of $505,920.00. Following the transaction, the chief operating officer now owns 35,058 shares in the company, valued at approximately $4,434,135.84. This trade represents a 0.00 % decrease in their position. The disclosure for this sale can be found here. Over the last quarter, insiders sold 21,537 shares of company stock valued at $2,751,612. Company insiders own 0.20% of the company’s stock.

EOG Resources Trading Up 4.2 %

Shares of EOG stock opened at $127.19 on Thursday. The company has a debt-to-equity ratio of 0.11, a current ratio of 2.12 and a quick ratio of 1.89. The company has a market cap of $72.32 billion, a price-to-earnings ratio of 9.82, a PEG ratio of 3.18 and a beta of 1.28. EOG Resources, Inc. has a 1 year low of $108.94 and a 1 year high of $139.67. The firm has a fifty day moving average price of $125.15 and a 200-day moving average price of $126.08.

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.