The Manufacturers Life Insurance Company Decreases Stock Holdings in EOG Resources, Inc. $EOG

The Manufacturers Life Insurance Company has reduced its stake in EOG Resources, Inc. by 7.3% in the second quarter, selling 30,345 shares but still holding 386,624 shares valued at $50.2 million. This comes as EOG's CEO Ezra Yacob also sold shares, decreasing his direct holdings by 12.91%. Analysts currently maintain a "Hold" rating for EOG with an average price target of $157.07, despite the company reporting strong quarterly earnings and revenue growth.