Murphy Oil Corporation $MUR Shares Sold by Intech Investment Management LLC

Intech Investment Management LLC cut its position in Murphy Oil Corporation (NYSE:MUR) by 45.8% during the fourth quarter, Holdings Channel reports. The firm owned 47,238 shares of the oil and gas producer’s stock after selling 39,966 shares during the period. Intech Investment Management LLC’s holdings in Murphy Oil were worth $1,476,000 as of its most recent filing with the SEC.

A number of other hedge funds have also modified their holdings of the company. Hantz Financial Services Inc. increased its holdings in shares of Murphy Oil by 43.3% in the fourth quarter. Hantz Financial Services Inc. now owns 15,296 shares of the oil and gas producer’s stock valued at $478,000 after purchasing an additional 4,620 shares during the period. Coldstream Capital Management Inc. increased its holdings in shares of Murphy Oil by 9.4% in the fourth quarter. Coldstream Capital Management Inc. now owns 7,877 shares of the oil and gas producer’s stock valued at $246,000 after purchasing an additional 679 shares during the period. Jefferies Financial Group Inc. acquired a new position in shares of Murphy Oil in the fourth quarter valued at about $380,000. Covestor Ltd increased its holdings in shares of Murphy Oil by 245.4% in the fourth quarter. Covestor Ltd now owns 4,677 shares of the oil and gas producer’s stock valued at $146,000 after purchasing an additional 3,323 shares during the period. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Murphy Oil by 10.3% in the fourth quarter. PNC Financial Services Group Inc. now owns 17,376 shares of the oil and gas producer’s stock valued at $543,000 after purchasing an additional 1,621 shares during the period. 78.31% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research analysts have recently weighed in on the company. Jefferies Financial Group lowered Murphy Oil from a “buy” rating to an “underperform” rating in a report on Thursday. The Goldman Sachs Group raised their target price on Murphy Oil from $29.00 to $33.00 and gave the stock a “neutral” rating in a report on Wednesday, March 11th. Piper Sandler raised Murphy Oil from a “neutral” rating to an “overweight” rating and raised their target price for the stock from $33.00 to $41.00 in a report on Thursday, March 12th. Scotiabank reaffirmed a “sector perform” rating and set a $44.00 target price on shares of Murphy Oil in a report on Wednesday, May 13th. Finally, KeyCorp raised Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 target price on the stock in a report on Thursday. Three research analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $37.75.

Key Headlines Impacting Murphy Oil

Here are the key news stories impacting Murphy Oil this week:

• Positive Sentiment: Zacks Research raised multiple earnings forecasts for Murphy Oil, including FY2026, FY2027, and several quarterly periods, suggesting analysts see improving profitability ahead. Article: Why Murphy Oil (MUR) is a Top Momentum Stock for the Long-Term
• Positive Sentiment: Murphy Oil’s post-earnings momentum remains constructive, with one report noting the stock has gained since its last earnings release and questioning whether that strength can continue. Article: Murphy Oil (MUR) Up 4.4% Since Last Earnings Report: Can It Continue?
• Positive Sentiment: Seeking Alpha highlighted that Wall Street is increasingly catching on to Murphy Oil’s story, which may be supporting investor interest in the name. Article: Murphy Oil: Wall Street Catches On
• Neutral Sentiment: Analyst commentary is split: Zacks Research and KeyCorp both kept neutral-to-bullish ratings overall, but they made mixed changes to future EPS estimates, signaling uncertainty about the pace of earnings growth.
• Negative Sentiment: KeyCorp trimmed its Q2 and Q3 2027 EPS estimates for Murphy Oil, which may be tempering enthusiasm despite its Overweight rating and $48 price target.

Murphy Oil Stock Down 3.3%

Murphy Oil stock opened at $38.64 on Friday. The firm has a market cap of $5.54 billion, a price-to-earnings ratio of 65.49 and a beta of 0.50. Murphy Oil Corporation has a 52 week low of $21.86 and a 52 week high of $43.34. The business’s 50-day moving average price is $39.13 and its 200 day moving average price is $34.96. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30.

Murphy Oil (NYSE:MUR) last posted its earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, topping the consensus estimate of $0.29 by $0.03. The firm had revenue of $732.35 million for the quarter, compared to analyst estimates of $702.96 million. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.Murphy Oil’s revenue for the quarter was up 9.0% compared to the same quarter last year. During the same period last year, the company earned $0.56 earnings per share. As a group, sell-side analysts anticipate that Murphy Oil Corporation will post 3.49 earnings per share for the current year.

Murphy Oil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Monday, May 18th were given a dividend of $0.35 per share. The ex-dividend date was Monday, May 18th. This represents a $1.40 dividend on an annualized basis and a yield of 3.6%. Murphy Oil’s dividend payout ratio is currently 237.29%.

Insider Transactions at Murphy Oil

In other Murphy Oil news, SVP Daniel R. Hanchera sold 47,320 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $33.79, for a total transaction of $1,598,942.80. Following the transaction, the senior vice president owned 36,166 shares in the company, valued at approximately $1,222,049.14. This represents a 56.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 5.79% of the company’s stock.

Murphy Oil Company Profile

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.