Honeywell International Inc. Has $23.01 Million Stake in EOG Resources, Inc. (NYSE:EOG)

Honeywell International Inc. lifted its position in shares of EOG Resources, Inc. (NYSE:EOG) by 11.8% during the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 237,900 shares of the energy exploration company’s stock after buying an additional 25,200 shares during the period. Honeywell International Inc.’s holdings in EOG Resources were worth $23,014,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently made changes to their positions in the company. Gagnon Securities LLC raised its stake in EOG Resources by 0.3% during the second quarter. Gagnon Securities LLC now owns 3,018 shares of the energy exploration company’s stock worth $273,000 after purchasing an additional 8 shares during the period. Guardian Life Insurance Co. of America raised its stake in EOG Resources by 0.7% during the first quarter. Guardian Life Insurance Co. of America now owns 2,223 shares of the energy exploration company’s stock worth $217,000 after purchasing an additional 15 shares during the period. Winfield Associates Inc. raised its stake in EOG Resources by 1.7% during the second quarter. Winfield Associates Inc. now owns 1,151 shares of the energy exploration company’s stock worth $103,000 after purchasing an additional 19 shares during the period. Quadrant Capital Group LLC raised its stake in EOG Resources by 0.5% during the second quarter. Quadrant Capital Group LLC now owns 5,007 shares of the energy exploration company’s stock worth $418,000 after purchasing an additional 23 shares during the period. Finally, Bank of The West raised its stake in EOG Resources by 0.8% during the second quarter. Bank of The West now owns 3,751 shares of the energy exploration company’s stock worth $339,000 after purchasing an additional 28 shares during the period. 85.36% of the stock is currently owned by institutional investors and hedge funds.

Shares of EOG Resources, Inc. (NYSE EOG) opened at $102.47 on Wednesday. The firm has a market cap of $60,400.77, a PE ratio of 254.78, a P/E/G ratio of 14.95 and a beta of 0.99. EOG Resources, Inc. has a 52-week low of $81.99 and a 52-week high of $109.37. The company has a debt-to-equity ratio of 0.46, a current ratio of 1.27 and a quick ratio of 1.11.

EOG Resources (NYSE:EOG) last issued its quarterly earnings data on Thursday, November 2nd. The energy exploration company reported $0.19 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.12 by $0.07. EOG Resources had a net margin of 0.10% and a return on equity of 1.73%. The firm had revenue of $2.64 billion for the quarter, compared to the consensus estimate of $2.59 billion. During the same period last year, the firm posted ($0.40) EPS. EOG Resources’s quarterly revenue was up 24.8% compared to the same quarter last year. equities analysts predict that EOG Resources, Inc. will post 0.78 earnings per share for the current year.

The business also recently declared a quarterly dividend, which was paid on Tuesday, October 31st. Shareholders of record on Tuesday, October 17th were given a dividend of $0.1675 per share. The ex-dividend date was Monday, October 16th. This represents a $0.67 dividend on an annualized basis and a dividend yield of 0.65%. EOG Resources’s dividend payout ratio (DPR) is 6,700.00%.

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In other news, EVP Michael P. Donaldson sold 6,167 shares of EOG Resources stock in a transaction that occurred on Thursday, September 28th. The shares were sold at an average price of $97.50, for a total value of $601,282.50. Following the transaction, the executive vice president now owns 74,316 shares of the company’s stock, valued at approximately $7,245,810. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, EVP David W. Trice sold 3,114 shares of EOG Resources stock in a transaction that occurred on Monday, November 6th. The stock was sold at an average price of $106.65, for a total transaction of $332,108.10. Following the completion of the transaction, the executive vice president now directly owns 80,415 shares in the company, valued at $8,576,259.75. The disclosure for this sale can be found here. Insiders have sold a total of 153,692 shares of company stock worth $3,717,390 over the last 90 days. 0.53% of the stock is owned by insiders.

A number of equities analysts have recently commented on the stock. Royal Bank Of Canada raised their target price on shares of EOG Resources from $107.00 to $110.00 and gave the company a “sector perform” rating in a research note on Tuesday, November 7th. Jefferies Group LLC raised their target price on shares of EOG Resources from $95.00 to $99.00 and gave the company a “hold” rating in a research note on Tuesday, November 7th. Imperial Capital assumed coverage on shares of EOG Resources in a research note on Thursday, September 28th. They issued an “outperform” rating and a $115.00 target price on the stock. Morgan Stanley set a $116.00 target price on shares of EOG Resources and gave the company a “buy” rating in a research note on Wednesday, October 18th. Finally, J P Morgan Chase & Co raised their target price on shares of EOG Resources from $90.00 to $96.00 and gave the company a “neutral” rating in a research note on Thursday, October 12th. Two equities research analysts have rated the stock with a sell rating, nine have assigned a hold rating and twenty-one have issued a buy rating to the company’s stock. The company currently has an average rating of “Buy” and an average price target of $108.79.

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.

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

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