Murphy Oil Corporation $MUR Shares Purchased by Arrowstreet Capital Limited Partnership

Arrowstreet Capital Limited Partnership lifted its holdings in shares of Murphy Oil Corporation (NYSE:MUR) by 105.6% in the 1st quarter, HoldingsChannel reports. The institutional investor owned 3,310,884 shares of the oil and gas producer’s stock after buying an additional 1,700,498 shares during the period. Arrowstreet Capital Limited Partnership’s holdings in Murphy Oil were worth $136,574,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Sei Investments Co. raised its stake in Murphy Oil by 8.7% in the 1st quarter. Sei Investments Co. now owns 623,439 shares of the oil and gas producer’s stock valued at $25,717,000 after purchasing an additional 49,937 shares during the last quarter. Lido Advisors LLC acquired a new stake in Murphy Oil in the 1st quarter valued at about $294,000. NewEdge Wealth LLC lifted its stake in Murphy Oil by 2.6% in the 1st quarter. NewEdge Wealth LLC now owns 10,954 shares of the oil and gas producer’s stock worth $452,000 after purchasing an additional 281 shares in the last quarter. CI Investments Inc. lifted its stake in Murphy Oil by 160.4% in the 1st quarter. CI Investments Inc. now owns 81,513 shares of the oil and gas producer’s stock worth $3,362,000 after purchasing an additional 50,216 shares in the last quarter. Finally, First Trust Advisors LP boosted its holdings in shares of Murphy Oil by 24.8% during the 1st quarter. First Trust Advisors LP now owns 942,927 shares of the oil and gas producer’s stock worth $38,896,000 after purchasing an additional 187,610 shares during the last quarter. Hedge funds and other institutional investors own 78.31% of the company’s stock.

Murphy Oil Stock Down 1.1%

Shares of Murphy Oil stock opened at $38.96 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 50 day moving average of $36.31 and a 200 day moving average of $35.91. The company has a quick ratio of 0.77, a current ratio of 0.83 and a debt-to-equity ratio of 0.30. The company has a market capitalization of $5.59 billion, a P/E ratio of 66.04 and a beta of 0.52.

Murphy Oil (NYSE:MUR) last released its quarterly earnings data on Wednesday, May 6th. The oil and gas producer reported $0.32 EPS for the quarter, beating analysts’ consensus estimates of $0.29 by $0.03. Murphy Oil had a return on equity of 3.09% and a net margin of 3.02%.The business had revenue of $732.35 million for the quarter, compared to the consensus estimate of $702.96 million. During the same quarter in the prior year, the business posted $0.56 EPS. The business’s revenue for the quarter was up 9.0% on a year-over-year basis. As a group, research analysts forecast that Murphy Oil Corporation will post 3.13 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently weighed in on MUR shares. Morgan Stanley lowered their price target on shares of Murphy Oil from $37.00 to $35.00 and set an “underweight” rating on the stock in a research report on Monday, June 29th. KeyCorp upgraded Murphy Oil from a “sector weight” rating to an “overweight” rating and set a $48.00 price objective for the company in a research report on Thursday, June 4th. UBS Group cut their target price on Murphy Oil from $44.00 to $41.00 and set a “neutral” rating for the company in a research note on Tuesday. Roth Capital restated a “neutral” rating and issued a $36.00 price objective on shares of Murphy Oil in a report on Thursday, May 7th. Finally, Scotiabank reaffirmed a “sector perform” rating and issued a $44.00 target price on shares of Murphy Oil in a research report on Wednesday, May 13th. Three equities research analysts have rated the stock with a Buy rating, eleven have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Murphy Oil has an average rating of “Hold” and an average price target of $38.33.

Murphy Oil News Roundup

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

• Positive Sentiment: Zacks Research raised its Q2 2026 EPS estimate for Murphy Oil to $0.98 from $0.80 and lifted FY2026 EPS to $2.85 from $2.69, suggesting better near-term profitability expectations.
• Neutral Sentiment: The firm’s current full-year consensus earnings estimate remains $3.09 per share, so the stock is still being judged against a relatively steady Wall Street benchmark.
• Negative Sentiment: Zacks Research trimmed several longer-dated forecasts, including Q1 2027 EPS to $0.58 from $0.62, Q3 2026 EPS to $0.86 from $0.87, Q3 2027 EPS to $0.81 from $0.83, Q4 2027 EPS to $0.66 from $0.68, Q2 2028 EPS to $0.65 from $0.70, and FY2028 EPS to $2.74 from $2.91, pointing to softer long-term earnings momentum.
• Negative Sentiment: FY2027 EPS estimates were also cut to $2.72 from $2.81, reinforcing the view that analysts see some compression in future profitability for Murphy Oil Corporation (NYSE: MUR).

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.