Murphy Oil Corporation $MUR Shares Bought by Fifth Third Bancorp

Fifth Third Bancorp raised its stake in Murphy Oil Corporation (NYSE:MUR) by 627.8% in the first quarter, HoldingsChannel reports. The institutional investor owned 119,206 shares of the oil and gas producer’s stock after buying an additional 102,827 shares during the quarter. Fifth Third Bancorp’s holdings in Murphy Oil were worth $4,917,000 at the end of the most recent reporting period.

Other institutional investors have also modified their holdings of the company. Dimensional Fund Advisors LP boosted its position in Murphy Oil by 3.0% during the 4th quarter. Dimensional Fund Advisors LP now owns 7,933,059 shares of the oil and gas producer’s stock valued at $247,912,000 after purchasing an additional 231,253 shares during the period. Charles Schwab Investment Management Inc. lifted its stake in Murphy Oil by 2.6% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 5,572,610 shares of the oil and gas producer’s stock worth $174,144,000 after purchasing an additional 143,125 shares during the period. AQR Capital Management LLC grew its position in Murphy Oil by 8.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,656,394 shares of the oil and gas producer’s stock worth $75,468,000 after acquiring an additional 204,349 shares during the last quarter. Bank of America Corp DE raised its position in Murphy Oil by 33.3% in the 3rd quarter. Bank of America Corp DE now owns 2,056,427 shares of the oil and gas producer’s stock valued at $58,423,000 after purchasing an additional 514,127 shares during the last quarter. Finally, SIR Capital Management L.P. acquired a new stake in Murphy Oil in the 3rd quarter valued at about $30,896,000. Institutional investors and hedge funds own 78.31% of the company’s stock.

Trending Headlines about Murphy Oil

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

• Positive Sentiment: Murphy Oil recently beat second-quarter earnings and revenue expectations, reporting $0.32 EPS versus the $0.29 consensus and revenue of $732.35 million versus $702.96 million expected, which supports the stock’s recent upward move.
• Neutral Sentiment: Analysts still expect Murphy Oil to remain profitable, with consensus current-year earnings at $3.05 per share, even after the latest forecast adjustments.
• Negative Sentiment: Zacks Research lowered Murphy Oil’s EPS estimates for FY2026, Q3 2026, Q4 2026, FY2027, Q1 2027, Q2 2027, Q3 2027, Q4 2027, Q2 2028 and FY2028, signaling a softer earnings outlook ahead.

Murphy Oil Trading Up 3.9%

Shares of NYSE:MUR opened at $36.85 on Friday. Murphy Oil Corporation has a 52-week low of $21.86 and a 52-week high of $43.34. The company has a debt-to-equity ratio of 0.30, a quick ratio of 0.77 and a current ratio of 0.83. The company has a market capitalization of $5.28 billion, a P/E ratio of 62.46 and a beta of 0.52. The company has a 50-day simple moving average of $36.37 and a 200 day simple moving average of $35.68.

Murphy Oil (NYSE:MUR) last posted its 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 business 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%.The firm’s revenue was up 9.0% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.56 EPS. Sell-side analysts forecast that Murphy Oil Corporation will post 3.09 earnings per share for the current year.

Wall Street Analysts Forecast Growth

MUR has been the subject of a number of analyst reports. Mizuho lifted their target price on shares of Murphy Oil from $39.00 to $44.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Jefferies Financial Group downgraded shares of Murphy Oil from a “buy” rating to an “underperform” rating in a research report on Thursday, June 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Murphy Oil in a report on Wednesday, June 24th. Wells Fargo & Company raised their price objective on Murphy Oil from $32.00 to $38.00 and gave the stock an “equal weight” rating in a research note on Thursday, March 26th. Finally, Barclays lifted their price target on Murphy Oil from $36.00 to $43.00 and gave the company an “equal weight” rating in a research note on Tuesday, May 26th. Three investment analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have issued a Sell rating to the stock. Based on data from MarketBeat, Murphy Oil presently has a consensus rating of “Hold” and an average price target of $38.58.

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.