Sei Investments Co. Buys 219,603 Shares of Magnolia Oil & Gas Corp $MGY

Sei Investments Co. boosted its stake in shares of Magnolia Oil & Gas Corp (NYSE:MGY) by 93.2% in the 1st quarter, HoldingsChannel.com reports. The fund owned 455,352 shares of the company’s stock after buying an additional 219,603 shares during the period. Sei Investments Co.’s holdings in Magnolia Oil & Gas were worth $14,375,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently bought and sold shares of MGY. Epoch Investment Partners Inc. boosted its holdings in shares of Magnolia Oil & Gas by 58.7% during the 3rd quarter. Epoch Investment Partners Inc. now owns 4,138,626 shares of the company’s stock valued at $98,789,000 after purchasing an additional 1,531,061 shares during the last quarter. HITE Hedge Asset Management LLC increased its holdings in shares of Magnolia Oil & Gas by 661.5% in the fourth quarter. HITE Hedge Asset Management LLC now owns 1,454,388 shares of the company’s stock worth $31,837,000 after purchasing an additional 1,263,407 shares during the last quarter. TD Asset Management Inc lifted its position in shares of Magnolia Oil & Gas by 26.6% in the fourth quarter. TD Asset Management Inc now owns 5,671,819 shares of the company’s stock worth $124,156,000 after buying an additional 1,193,458 shares in the last quarter. Arrowstreet Capital Limited Partnership lifted its position in shares of Magnolia Oil & Gas by 192.4% in the third quarter. Arrowstreet Capital Limited Partnership now owns 1,401,279 shares of the company’s stock worth $33,449,000 after buying an additional 921,970 shares in the last quarter. Finally, Voloridge Investment Management LLC boosted its stake in Magnolia Oil & Gas by 116.4% during the fourth quarter. Voloridge Investment Management LLC now owns 969,487 shares of the company’s stock valued at $21,222,000 after buying an additional 521,459 shares during the last quarter. 94.73% of the stock is currently owned by institutional investors.

Magnolia Oil & Gas Trading Up 0.1%

MGY opened at $25.04 on Friday. The stock has a 50-day moving average of $26.60 and a 200 day moving average of $27.53. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19. Magnolia Oil & Gas Corp has a 12 month low of $21.07 and a 12 month high of $32.76. The firm has a market cap of $4.63 billion, a P/E ratio of 14.56 and a beta of 0.70.

Magnolia Oil & Gas (NYSE:MGY) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.54 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.51 by $0.03. The business had revenue of $358.51 million for the quarter, compared to the consensus estimate of $349.89 million. Magnolia Oil & Gas had a return on equity of 16.28% and a net margin of 24.40%.The company’s quarterly revenue was up 2.3% compared to the same quarter last year. During the same period in the prior year, the business posted $0.54 earnings per share. As a group, research analysts forecast that Magnolia Oil & Gas Corp will post 2.7 EPS for the current year.

Magnolia Oil & Gas Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, September 1st. Investors of record on Monday, August 10th will be issued a dividend of $0.18 per share. This represents a $0.72 annualized dividend and a yield of 2.9%. The ex-dividend date is Monday, August 10th. This is a boost from Magnolia Oil & Gas’s previous quarterly dividend of $0.17. Magnolia Oil & Gas’s payout ratio is currently 38.37%.

Magnolia Oil & Gas News Roundup

Here are the key news stories impacting Magnolia Oil & Gas this week:

• Positive Sentiment: The board declared a quarterly dividend of $0.18 per share, payable September 1 to shareholders of record August 10. The payout is approximately 9.1% higher than the previous $0.17 dividend and implies an annualized dividend of $0.72, or roughly a 2.9% yield. Magnolia Oil & Gas Board Declares Previously Announced 9 Percent Dividend Increase
• Positive Sentiment: Truist upgraded MGY to “Buy,” citing an upbeat view of the company’s WildFire acquisition. The endorsement suggests the deal could strengthen Magnolia’s operating outlook and shareholder value. Magnolia Oil & Gas raised to Buy at Truist on upbeat view of WildFire acquisition
• Positive Sentiment: Zacks Research raised its Q2 2026 EPS forecast to $0.66 from $0.65, while a separate earnings preview highlighted expectations for earnings growth and the potential for a quarterly earnings beat. Magnolia Oil & Gas Earnings Expected to Grow
• Neutral Sentiment: A comparison with Topaz Resources reviews valuation, profitability, dividends, institutional ownership, risk and analyst recommendations. The analysis provides context for investors but does not introduce a specific new catalyst for Magnolia. Magnolia Oil & Gas and Topaz Resources Head-To-Head Analysis
• Negative Sentiment: Zacks cut its Q3 2027 EPS estimate to $0.58 from $0.64 and its Q2 2028 forecast to $0.55 from $0.56. The reductions could weigh on sentiment about Magnolia’s longer-term earnings trajectory, although Zacks maintains a “Hold” rating.

Wall Street Analysts Forecast Growth

Several equities analysts have weighed in on the company. UBS Group cut their price target on Magnolia Oil & Gas from $38.00 to $34.00 and set a “buy” rating for the company in a report on Friday, July 10th. Mizuho lowered their target price on Magnolia Oil & Gas from $35.00 to $33.00 and set an “outperform” rating for the company in a research report on Wednesday, July 22nd. Citigroup cut their target price on shares of Magnolia Oil & Gas from $35.00 to $32.00 and set a “neutral” rating for the company in a report on Monday, April 13th. KeyCorp restated an “overweight” rating on shares of Magnolia Oil & Gas in a research report on Monday, June 29th. Finally, Truist Financial raised shares of Magnolia Oil & Gas from a “hold” rating to a “buy” rating and upped their price target for the company from $32.00 to $33.00 in a research note on Tuesday. Nine investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $31.50.

About Magnolia Oil & Gas

Magnolia Oil & Gas Corp (NYSE: MGY) is an independent exploration and production company focused on the acquisition, development and optimization of onshore oil and gas assets in South Texas. Headquartered in Houston, the company concentrates its efforts on the Eagle Ford Shale, where it holds significant working interests in key producing counties.

The company’s core operations center on horizontal drilling and multi-stage completions designed to extract light crude oil, natural gas and natural gas liquids (NGLs).