Royce & Associates LP Makes New $527,000 Investment in Magnolia Oil & Gas Corp $MGY

Posted by George Bondi on Jun 1st, 2026

Royce & Associates LP purchased a new position in Magnolia Oil & Gas Corp (NYSE:MGY – Free Report) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 24,090 shares of the company’s stock, valued at approximately $527,000.

Several other institutional investors and hedge funds have also bought and sold shares of the company. AQR Capital Management LLC lifted its stake in shares of Magnolia Oil & Gas by 77.7% during the first quarter. AQR Capital Management LLC now owns 56,346 shares of the company’s stock worth $1,423,000 after buying an additional 24,631 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in shares of Magnolia Oil & Gas by 4.6% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 103,109 shares of the company’s stock worth $2,605,000 after buying an additional 4,512 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its stake in shares of Magnolia Oil & Gas by 8.2% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 242,880 shares of the company’s stock worth $6,135,000 after buying an additional 18,447 shares during the period. Intech Investment Management LLC lifted its stake in shares of Magnolia Oil & Gas by 11.3% during the first quarter. Intech Investment Management LLC now owns 68,814 shares of the company’s stock worth $1,738,000 after buying an additional 7,008 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its stake in shares of Magnolia Oil & Gas by 165.5% during the second quarter. EverSource Wealth Advisors LLC now owns 1,386 shares of the company’s stock worth $31,000 after buying an additional 864 shares during the period. 94.73% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

MGY has been the subject of several research reports. Wells Fargo & Company lowered their price objective on shares of Magnolia Oil & Gas from $32.00 to $31.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 13th. Siebert Williams Shank downgraded shares of Magnolia Oil & Gas from a “buy” rating to a “hold” rating in a research note on Friday, March 6th. Truist Financial boosted their target price on shares of Magnolia Oil & Gas from $33.00 to $34.00 and gave the company a “hold” rating in a research report on Monday, April 27th. Mizuho boosted their target price on shares of Magnolia Oil & Gas from $33.00 to $35.00 and gave the company an “outperform” rating in a research report on Wednesday. Finally, Zacks Research downgraded shares of Magnolia Oil & Gas from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Seven investment analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $31.42.

Get Our Latest Analysis on MGY

Magnolia Oil & Gas Trading Up 0.0%

Shares of Magnolia Oil & Gas stock opened at $27.36 on Monday. The firm has a 50-day simple moving average of $29.64 and a two-hundred day simple moving average of $26.32. The company has a market cap of $5.06 billion, a P/E ratio of 15.91 and a beta of 0.71. Magnolia Oil & Gas Corp has a fifty-two week low of $21.07 and a fifty-two week high of $32.76. The company has a debt-to-equity ratio of 0.19, a quick ratio of 1.10 and a current ratio of 1.10.

Magnolia Oil & Gas (NYSE:MGY – Get Free Report) last issued its quarterly earnings data on Wednesday, May 6th. The company reported $0.54 earnings per share for the quarter, topping analysts’ consensus estimates of $0.51 by $0.03. The business had revenue of $358.51 million during the quarter, compared to the consensus estimate of $349.89 million. Magnolia Oil & Gas had a net margin of 24.40% and a return on equity of 16.28%. The company’s revenue was up 2.3% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $0.54 earnings per share. As a group, equities analysts predict that Magnolia Oil & Gas Corp will post 2.85 earnings per share for the current fiscal year.

Magnolia Oil & Gas Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th will be given a $0.165 dividend. The ex-dividend date is Tuesday, May 12th. This represents a $0.66 dividend on an annualized basis and a dividend yield of 2.4%. Magnolia Oil & Gas’s dividend payout ratio is 38.37%.

Insiders Place Their Bets

In other news, Director Edward P. Djerejian sold 18,000 shares of the business’s stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $28.98, for a total transaction of $521,640.00. Following the completion of the sale, the director owned 110,425 shares of the company’s stock, valued at $3,200,116.50. The trade was a 14.02% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Brian Corales sold 33,000 shares of the business’s stock in a transaction dated Monday, March 9th. The stock was sold at an average price of $29.12, for a total transaction of $960,960.00. Following the sale, the chief financial officer directly owned 184,178 shares of the company’s stock, valued at $5,363,263.36. This represents a 15.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 338,954 shares of company stock valued at $9,911,733. Insiders own 0.92% of the company’s stock.

Magnolia Oil & Gas Profile

(Free Report)

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).