Summit Global Investments has acquired a new stake of 15,277 shares in EOG Resources, Inc., valued at approximately $1.98 million. The energy exploration company recently reported strong quarterly earnings, beating analyst estimates with an EPS of $5.07 and revenue of $8.62 billion, a 57.4% increase year-over-year. Despite institutional ownership of nearly 90%, analysts currently have a "Hold" rating on the stock with an average price target of $156.21.
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