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Dakota Wealth Management Acquires New Position in EOG Resources, Inc. $EOG
Dakota Wealth Management has initiated a new position in EOG Resources, purchasing 10,678 shares valued at approximately $1.12 million in the fourth quarter. This move comes as institutional investors hold a significant portion of the company’s stock, with large funds like Capital World Investors and Capital Research Global Investors increasing their stakes. Despite recent insider selling, EOG Resources exceeded earnings expectations last quarter and announced a quarterly dividend of $1.02, while analysts currently rate the stock as a “Hold” with an average target price of $139.52.