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Alberta Investment Management Corp Increases Stock Position in EOG Resources, Inc. $EOG
Alberta Investment Management Corp significantly increased its stake in EOG Resources, Inc. (NYSE:EOG) by 254.5% during the third quarter, purchasing an additional 14,000 shares to hold a total of 19,500 shares valued at approximately $2.19 million. Despite this increase in institutional ownership, EOG Resources holds a “Hold” rating from analysts with an average target price of $134.30. The company’s stock currently trades around $123.94, with institutional investors owning about 89.9% and insiders holding 0.13%, including a recent sale by the COO.