Investment Analysts’ Recent Ratings Changes for Murphy USA (MUSA)

Several brokerages have updated their recommendations and price targets on shares of Murphy USA (NYSE: MUSA) in the last few weeks:

• 5/4/2026 – Murphy USA was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 5/2/2026 – Murphy USA was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/1/2026 – Murphy USA had its price target raised by Wells Fargo & Company from $450.00 to $520.00. They now have an “equal weight” rating on the stock.
• 4/30/2026 – Murphy USA had its price target raised by Royal Bank Of Canada from $510.00 to $517.00. They now have a “sector perform” rating on the stock.
• 4/28/2026 – Murphy USA was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/24/2026 – Murphy USA had its price target raised by KeyCorp from $560.00 to $600.00. They now have an “overweight” rating on the stock.
• 4/23/2026 – Murphy USA was upgraded by Bank of America Corporation from “underperform” to “neutral”. They now have a $550.00 price target on the stock, up from $350.00.
• 4/14/2026 – Murphy USA had its price target raised by Wells Fargo & Company from $400.00 to $450.00. They now have an “equal weight” rating on the stock.
• 3/28/2026 – Murphy USA was upgraded by Wall Street Zen from “hold” to “buy”.
• 3/26/2026 – Murphy USA is now covered by JPMorgan Chase & Co.. They set an “overweight” rating and a $539.00 price target on the stock.

Murphy USA Increases Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Monday, May 18th will be paid a $0.64 dividend. This is an increase from Murphy USA’s previous quarterly dividend of $0.63. This represents a $2.56 dividend on an annualized basis and a yield of 0.5%. The ex-dividend date is Monday, May 18th. Murphy USA’s dividend payout ratio (DPR) is presently 8.71%.

Insider Buying and Selling

In other Murphy USA news, SVP Renee M. Bacon sold 2,844 shares of the business’s stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $388.61, for a total value of $1,105,206.84. Following the completion of the sale, the senior vice president owned 3,083 shares in the company, valued at approximately $1,198,084.63. The trade was a 47.98% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Scott G. Woodward sold 158 shares of the business’s stock in a transaction that occurred on Tuesday, May 5th. The shares were sold at an average price of $600.50, for a total value of $94,879.00. Following the completion of the sale, the senior vice president owned 476 shares of the company’s stock, valued at approximately $285,838. This represents a 24.92% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 47,210 shares of company stock valued at $27,129,150 in the last 90 days. Company insiders own 9.02% of the company’s stock.

Murphy USA is a leading downstream marketer of gasoline, diesel and convenience store products in the United States. Headquartered in El Dorado, Arkansas, the company was originally established as part of Murphy Oil Corporation and was spun off as an independent public entity in 2013. Since its separation, Murphy USA has focused on retail fueling services and convenience offerings designed to deliver value and convenience to consumers.

The company’s primary operations center on two retail formats.