Vaughan Nelson Investment Management L.P. trimmed its holdings in shares of Murphy Oil Corporation (NYSE:MUR – Free Report) by 21.6% during the first quarter, Holdings Channel reports. The firm owned 1,582,227 shares of the oil and gas producer’s stock after selling 435,765 shares during the quarter. Vaughan Nelson Investment Management L.P.’s holdings in Murphy Oil were worth $65,267,000 as of its most recent filing with the SEC.
A number of other large investors also recently modified their holdings of MUR. American Century Companies Inc. boosted its stake in Murphy Oil by 21.8% in the third quarter. American Century Companies Inc. now owns 3,736,815 shares of the oil and gas producer’s stock valued at $106,163,000 after acquiring an additional 668,525 shares during the period. SG Americas Securities LLC grew its holdings in shares of Murphy Oil by 32.0% during the fourth quarter. SG Americas Securities LLC now owns 122,420 shares of the oil and gas producer’s stock valued at $3,826,000 after purchasing an additional 29,689 shares during the last quarter. Neo Ivy Capital Management acquired a new stake in shares of Murphy Oil during the 3rd quarter worth approximately $451,000. CSM Advisors LLC raised its position in shares of Murphy Oil by 26.5% during the 3rd quarter. CSM Advisors LLC now owns 233,510 shares of the oil and gas producer’s stock worth $6,634,000 after purchasing an additional 48,856 shares during the period. Finally, Kingsview Wealth Management LLC bought a new stake in shares of Murphy Oil in the 3rd quarter worth approximately $3,372,000. 78.31% of the stock is currently owned by institutional investors.
Wall Street Analyst Weigh In
MUR has been the subject of several recent research reports. Roth Mkm restated a “neutral” rating and set a $36.00 price target on shares of Murphy Oil in a research report on Thursday, May 7th. Piper Sandler upgraded shares of Murphy Oil from a “neutral” rating to an “overweight” rating and lifted their price objective for the company from $33.00 to $41.00 in a research report on Thursday, March 12th. Wall Street Zen raised shares of Murphy Oil from a “hold” rating to a “buy” rating in a research note on Saturday, June 13th. Scotiabank restated a “sector perform” rating and issued a $44.00 target price on shares of Murphy Oil in a research report on Wednesday, May 13th. Finally, KeyCorp upgraded shares of Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 price target on the stock in a research note on Thursday, June 4th. Three analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $37.75.
Murphy Oil Trading Down 0.1%
NYSE:MUR opened at $34.24 on Monday. Murphy Oil Corporation has a 1 year low of $21.86 and a 1 year high of $43.34. The stock has a market cap of $4.91 billion, a price-to-earnings ratio of 58.03 and a beta of 0.50. The business has a fifty day moving average of $38.33 and a 200-day moving average of $35.43. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 0.83.
Murphy Oil (NYSE:MUR – Get Free Report) last posted its quarterly earnings data on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share for the quarter, topping the consensus estimate of $0.29 by $0.03. The business had revenue of $732.35 million during the quarter, compared to the consensus estimate of $702.96 million. Murphy Oil had a net margin of 3.02% and a return on equity of 3.09%. The company’s quarterly revenue was up 9.0% compared to the same quarter last year. During the same quarter in the prior year, the company posted $0.56 earnings per share. Equities analysts predict that Murphy Oil Corporation will post 3.49 earnings per share for the current year.
Murphy Oil Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Stockholders of record on Monday, May 18th were issued a $0.35 dividend. The ex-dividend date was Monday, May 18th. This represents a $1.40 annualized dividend and a dividend yield of 4.1%. Murphy Oil’s dividend payout ratio (DPR) is 237.29%.
Key Headlines Impacting Murphy Oil
Here are the key news stories impacting Murphy Oil this week:
- Positive Sentiment: Zacks Research lifted Murphy Oil’s earnings forecasts across multiple periods, including higher estimates for 2026, 2027, and 2028, which supports the outlook for future earnings growth.
- Neutral Sentiment: Zacks Research kept a Hold rating on Murphy Oil, suggesting analysts are more constructive on earnings but not yet highly bullish on the stock.
- Negative Sentiment: Murphy Oil is being pulled down with other energy names, indicating that sector sentiment is weighing on the shares more than company-specific fundamentals right now. APA Corporation, Murphy Oil, and Calumet stocks trade down, what you need to know
About Murphy Oil
Murphy Oil Corporation is an independent upstream oil and gas company engaged in the exploration, development and production of crude oil, natural gas and natural gas liquids. The company’s operations encompass conventional onshore and offshore reservoirs, with an emphasis on liquids-rich properties and deepwater assets. Through a combination of proprietary technologies and strategic joint ventures, Murphy Oil seeks to optimize recovery rates and manage its portfolio to balance long-term resource development with operational flexibility.
Murphy Oil’s exploration and production activities are geographically diversified.
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