Menora Mivtachim Holdings LTD. lifted its position in EOG Resources, Inc. (NYSE:EOG) by 1.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 337,595 shares of the energy exploration company’s stock after acquiring an additional 4,095 shares during the quarter. EOG Resources accounts for 1.3% of Menora Mivtachim Holdings LTD.’s portfolio, making the stock its 29th largest position. Menora Mivtachim Holdings LTD. owned about 0.06% of EOG Resources worth $32,659,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in the company. Capital Research Global Investors lifted its holdings in shares of EOG Resources by 14.7% in the 2nd quarter. Capital Research Global Investors now owns 41,839,695 shares of the energy exploration company’s stock worth $3,787,329,000 after acquiring an additional 5,368,941 shares during the last quarter. Vanguard Group Inc. lifted its holdings in shares of EOG Resources by 2.6% in the 2nd quarter. Vanguard Group Inc. now owns 41,179,515 shares of the energy exploration company’s stock worth $3,727,570,000 after acquiring an additional 1,058,276 shares during the last quarter. BlackRock Inc. lifted its holdings in shares of EOG Resources by 2,098.0% in the 1st quarter. BlackRock Inc. now owns 35,740,352 shares of the energy exploration company’s stock worth $3,486,473,000 after acquiring an additional 34,114,299 shares during the last quarter. Capital World Investors lifted its holdings in shares of EOG Resources by 9.9% in the 2nd quarter. Capital World Investors now owns 17,461,968 shares of the energy exploration company’s stock worth $1,580,657,000 after acquiring an additional 1,568,085 shares during the last quarter. Finally, Northern Trust Corp lifted its holdings in shares of EOG Resources by 8.7% in the 2nd quarter. Northern Trust Corp now owns 8,001,255 shares of the energy exploration company’s stock worth $724,272,000 after acquiring an additional 638,183 shares during the last quarter. Hedge funds and other institutional investors own 85.38% of the company’s stock.

EOG Resources (NYSE:EOG) last released its earnings results on Tuesday, August 1st. The energy exploration company reported $0.08 earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.10 by ($0.02). EOG Resources had a negative return on equity of 0.68% and a negative net margin of 2.88%. The firm had revenue of $2.61 billion for the quarter, compared to analysts’ expectations of $2.51 billion. During the same quarter in the previous year, the company posted ($0.38) earnings per share. The firm’s quarterly revenue was up 47.1% on a year-over-year basis.

The company also recently announced a quarterly dividend, which was paid on Tuesday, October 31st. Investors of record on Tuesday, October 17th were paid a dividend of $0.1675 per share. The ex-dividend date of this dividend was Monday, October 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.67%. EOG Resources’s payout ratio is -131.37%.

In related news, insider Gary L. Thomas sold 25,000 shares of the company’s stock in a transaction that occurred on Friday, September 29th. The shares were sold at an average price of $96.63, for a total transaction of $2,415,750.00. Following the sale, the insider now directly owns 1,067,465 shares in the company, valued at $103,149,142.95. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Michael P. Donaldson sold 6,167 shares of the company’s stock in a transaction that occurred on Thursday, September 28th. The stock was sold at an average price of $97.50, for a total transaction of $601,282.50. Following the sale, the executive vice president now owns 74,316 shares in the company, valued at $7,245,810. The disclosure for this sale can be found here. Insiders have sold 38,578 shares of company stock worth $3,700,882 over the last 90 days. Insiders own 0.53% of the company’s stock.

EOG has been the subject of several analyst reports. Morgan Stanley set a $116.00 target price on shares of EOG Resources and gave the stock a “buy” rating in a report on Wednesday, October 18th. Barclays PLC raised their target price on shares of EOG Resources from $101.00 to $117.00 and gave the stock an “overweight” rating in a report on Wednesday, October 11th. Zacks Investment Research lowered shares of EOG Resources from a “buy” rating to a “hold” rating in a report on Friday, October 20th. BMO Capital Markets set a $105.00 target price on shares of EOG Resources and gave the stock a “buy” rating in a report on Tuesday, October 10th. Finally, J P Morgan Chase & Co raised their target price on shares of EOG Resources from $90.00 to $96.00 and gave the stock a “neutral” rating in a report on Thursday, October 12th. Two analysts have rated the stock with a sell rating, nine have issued a hold rating and twenty-two have assigned a buy rating to the stock. EOG Resources presently has an average rating of “Buy” and an average price target of $108.68.

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About EOG Resources

EOG Resources, Inc explores for, develops, produces and markets crude oil and natural gas in major producing basins in the United States, The Republic of Trinidad and Tobago, the United Kingdom, The People’s Republic of China, Canada and, from time to time, select other international areas. Its operations are all crude oil and natural gas exploration and production related.

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Institutional Ownership by Quarter for EOG Resources (NYSE:EOG)

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