Murphy Oil Corporation $MUR Shares Sold by Geode Capital Management LLC

Geode Capital Management LLC decreased its holdings in Murphy Oil Corporation (NYSE:MUR) by 5.0% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 3,355,127 shares of the oil and gas producer’s stock after selling 177,261 shares during the quarter. Geode Capital Management LLC’s holdings in Murphy Oil were worth $104,870,000 at the end of the most recent reporting period.

A number of other large investors also recently bought and sold shares of MUR. Smartleaf Asset Management LLC raised its holdings in Murphy Oil by 67.3% in the 3rd quarter. Smartleaf Asset Management LLC now owns 1,094 shares of the oil and gas producer’s stock worth $32,000 after purchasing an additional 440 shares during the period. Torren Management LLC acquired a new position in Murphy Oil in the 4th quarter worth about $37,000. Farther Finance Advisors LLC raised its holdings in Murphy Oil by 72.9% in the 4th quarter. Farther Finance Advisors LLC now owns 1,701 shares of the oil and gas producer’s stock worth $53,000 after purchasing an additional 717 shares during the period. EverSource Wealth Advisors LLC raised its holdings in Murphy Oil by 437.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 3,802 shares of the oil and gas producer’s stock worth $86,000 after purchasing an additional 3,095 shares during the period. Finally, Covestor Ltd raised its holdings in Murphy Oil by 245.4% in the 4th quarter. Covestor Ltd now owns 4,677 shares of the oil and gas producer’s stock worth $146,000 after purchasing an additional 3,323 shares during the period. Institutional investors and hedge funds own 78.31% of the company’s stock.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on MUR shares. Wells Fargo & Company upped their price target on Murphy Oil from $32.00 to $38.00 and gave the stock an “equal weight” rating in a report on Thursday, March 26th. Jefferies Financial Group lowered shares of Murphy Oil from a “buy” rating to an “underperform” rating in a research report on Thursday. 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. Weiss Ratings restated a “hold (c)” rating on shares of Murphy Oil in a research report on Friday, March 27th. Finally, UBS Group upped their price target on shares of Murphy Oil from $43.00 to $44.00 and gave the stock a “neutral” rating in a research report on Wednesday, April 15th. Three investment analysts have rated the stock with a Buy rating, eleven have given a Hold rating and two have issued a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $37.75.

Insiders Place Their Bets

In related news, SVP Daniel R. Hanchera sold 47,320 shares of the business’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $33.79, for a total transaction of $1,598,942.80. Following the transaction, the senior vice president directly owned 36,166 shares in the company, valued at approximately $1,222,049.14. The trade was a 56.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders own 5.79% of the company’s stock.

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 Trading Down 3.3%

Shares of MUR stock opened at $38.64 on Friday. The firm has a market capitalization of $5.54 billion, a P/E ratio of 65.49 and a beta of 0.50. Murphy Oil Corporation has a fifty-two week low of $21.86 and a fifty-two week high of $43.34. The stock’s fifty day moving average is $39.13 and its two-hundred day moving average is $34.96. 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) last posted its quarterly earnings results on Wednesday, May 6th. The oil and gas producer reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates 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 net margin of 3.02% and a return on equity of 3.09%. Murphy Oil’s quarterly revenue was up 9.0% on a year-over-year basis. During the same period in the previous year, the business posted $0.56 earnings per share. Research analysts expect that Murphy Oil Corporation will post 3.48 earnings per share for the current fiscal year.

Murphy Oil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Monday, June 1st. Investors 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 payout ratio is presently 237.29%.

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.