MUR Murphy Oil Corporation

Pacer Advisors Inc. significantly reduced its stake in Murphy Oil Corporation (NYSE:MUR) by 38.3% in Q3, selling over 500,000 shares but still maintaining holdings valued at $23.20 million. Despite this reduction and an average analyst rating of "Reduce," several other institutional investors adjusted their positions, and Murphy Oil maintains a quarterly dividend. The company's stock shows a market cap of $4.45 billion and a P/E ratio of 31.8.

Harbor Capital Advisors Inc. significantly reduced its stake in Murphy Oil Corporation (NYSE:MUR) by 71.5% in the third quarter of 2025, selling 137,244 shares and ending with 54,659 shares valued at $1.55 million. While Murphy Oil offers a quarterly dividend of $0.325 (4.2% yield), its high payout ratio of 132.65% raises concerns about its sustainability. Analyst sentiment remains cautious, with a consensus "Reduce" rating and an average price target of $29.08, which is below its current trading price of approximately $31.16.

Voya Investment Management LLC has reduced its stake in Murphy Oil Corporation (NYSE:MUR) by 21.0%, selling 72,743 shares and now owning 273,793 shares valued at approximately $7.78 million. Analysts have a "Reduce" consensus rating for MUR with an average target price of $29.08, and the company's high dividend payout ratio of 132.65% raises sustainability concerns. Several other institutional investors also adjusted their holdings in Murphy Oil during the recent quarters.

Oceaneering International Inc. (NYSE: OII) has appointed Roger W. Jenkins, former CEO of Murphy Oil Corp., to its board of directors. Jenkins is joining the board immediately following his planned retirement. This move brings an experienced industry leader to Oceaneering's governance.

Wedge Capital Management L L P NC has reduced its stake in Murphy Oil Corporation (NYSE:MUR) by 16.1%, selling 112,496 shares, which leaves them with 588,283 shares valued at $16.7 million. Despite this reduction, several other major institutional investors, including Charles Schwab and Hotchkis & Wiley, have recently increased their positions in Murphy Oil, bringing the total institutional ownership to 78.31%. Analysts currently have a "Reduce" rating on the stock with a consensus price target of $29.08, and while the company offers a 4.1% dividend yield, its high payout ratio of 132.65% raises concerns about dividend sustainability.

UBS has maintained a Neutral rating and $31 price target for Murphy Oil Corp. (NYSE:MUR) in anticipation of its substantial 2026 exploration program. The investment bank highlights the company's leading role in the "return of the 'E' in E&P" trend, with exploration activities in Côte d’Ivoire, Vietnam, and the Gulf of Mexico offering significant catalysts and resource growth potential, despite a moderate undervaluation according to InvestingPro data. The upcoming three-well Côte d’Ivoire program, described as high risk/reward, is estimated to offer a potential $6.50-$13 per share uplift.