Magnolia Oil & Gas Corp $MGY Stake Reduced by Systematic Financial Management LP

Systematic Financial Management LP cut its stake in Magnolia Oil & Gas Corp (NYSE:MGY) by 1.1% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,938,904 shares of the company’s stock after selling 33,447 shares during the quarter. Magnolia Oil & Gas comprises about 1.5% of Systematic Financial Management LP’s investment portfolio, making the stock its 6th biggest position. Systematic Financial Management LP’s holdings in Magnolia Oil & Gas were worth $64,333,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds also recently added to or reduced their stakes in the company. Salomon & Ludwin LLC raised its position in Magnolia Oil & Gas by 130.1% in the fourth quarter. Salomon & Ludwin LLC now owns 1,344 shares of the company’s stock valued at $29,000 after purchasing an additional 760 shares during the period. EverSource Wealth Advisors LLC raised its position in Magnolia Oil & Gas by 165.5% in the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company’s stock valued at $31,000 after purchasing an additional 864 shares during the period. Torren Management LLC purchased a new position in Magnolia Oil & Gas in the fourth quarter valued at about $38,000. First Horizon Corp raised its position in Magnolia Oil & Gas by 159.8% in the fourth quarter. First Horizon Corp now owns 1,889 shares of the company’s stock valued at $41,000 after purchasing an additional 1,162 shares during the period. Finally, Geneos Wealth Management Inc. raised its position in Magnolia Oil & Gas by 90.5% in the second quarter. Geneos Wealth Management Inc. now owns 2,212 shares of the company’s stock valued at $50,000 after purchasing an additional 1,051 shares during the period. 94.73% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MGY has been the topic of several research reports. KeyCorp raised their price objective on Magnolia Oil & Gas from $30.00 to $38.00 and gave the company an “overweight” rating in a research report on Thursday, April 2nd. Susquehanna cut their price objective on Magnolia Oil & Gas from $30.00 to $28.00 and set a “positive” rating on the stock in a research report on Monday, January 26th. Citigroup cut their price objective on Magnolia Oil & Gas from $35.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Zacks Research lowered Magnolia Oil & Gas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Truist Financial raised their target price on Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a “hold” rating in a research note on Monday, April 27th. Seven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, Magnolia Oil & Gas currently has an average rating of “Hold” and a consensus price target of $31.00.

Insider Activity at Magnolia Oil & Gas

In other news, CFO Brian Corales sold 33,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $29.12, for a total transaction of $960,960.00. Following the completion of the sale, the chief financial officer directly owned 184,178 shares in the company, valued at $5,363,263.36. This trade represents a 15.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Timothy D. Yang sold 150,000 shares of the firm’s stock in a transaction dated Monday, March 9th. The shares were sold at an average price of $29.29, for a total value of $4,393,500.00. Following the sale, the executive vice president owned 526,661 shares of the company’s stock, valued at $15,425,900.69. This represents a 22.17% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 338,954 shares of company stock valued at $9,911,733. 0.92% of the stock is currently owned by insiders.

Magnolia Oil & Gas News Roundup

Here are the key news stories impacting Magnolia Oil & Gas this week:

• Positive Sentiment: Zacks Research boosted its Q2 2026 EPS estimate to $0.64 from $0.33, implying stronger near-term earnings momentum for Magnolia Oil & Gas. MGY reference
• Positive Sentiment: The analyst also lifted Q3 2026 EPS to $0.67 from $0.38 and Q4 2026 EPS to $0.67 from $0.42, suggesting improving profitability expectations later this year. MGY reference
• Positive Sentiment: Zacks increased longer-term forecasts too, including FY2027 EPS to $2.46 from $1.95 and FY2028 EPS to $2.25 from $2.21, reinforcing a constructive earnings outlook. MGY reference
• Neutral Sentiment: Despite the higher estimates, Zacks Research kept a Hold rating on the stock, which may limit the upside reaction. MGY reference
• Neutral Sentiment: The updated forecasts are still below the current consensus FY2026 EPS estimate of $2.91, indicating the new estimates are supportive but not especially aggressive. MGY reference

Magnolia Oil & Gas Stock Up 0.2%

Shares of Magnolia Oil & Gas stock opened at $29.28 on Friday. The business has a 50-day moving average of $29.79 and a 200-day moving average of $26.08. The company has a debt-to-equity ratio of 0.19, a current ratio of 1.10 and a quick ratio of 1.10. The company has a market capitalization of $5.42 billion, a PE ratio of 17.03 and a beta of 0.75. Magnolia Oil & Gas Corp has a 1-year low of $21.07 and a 1-year high of $32.76.

Magnolia Oil & Gas (NYSE:MGY) last announced its earnings results on Wednesday, May 6th. The company reported $0.54 earnings per share for the quarter, beating the consensus estimate of $0.51 by $0.03. The company had revenue of $358.51 million during the quarter, compared to the consensus estimate of $349.89 million. Magnolia Oil & Gas had a return on equity of 16.28% and a net margin of 24.40%.The company’s revenue was up 2.3% on a year-over-year basis. During the same period last year, the firm earned $0.54 earnings per share. As a group, equities analysts forecast that Magnolia Oil & Gas Corp will post 2.85 EPS for the current fiscal year.

Magnolia Oil & Gas Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Monday, June 1st. Stockholders of record on Tuesday, May 12th will be paid a dividend of $0.165 per share. The ex-dividend date is Tuesday, May 12th. This represents a $0.66 annualized dividend and a dividend yield of 2.3%. Magnolia Oil & Gas’s dividend payout ratio (DPR) is currently 38.37%.

About Magnolia Oil & Gas

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).