Corigliano Investment Advisers LLC Boosts Stock Holdings in Magnolia Oil & Gas Corp $MGY

Posted by Francis Steltz on Jun 18th, 2026

Corigliano Investment Advisers LLC grew its position in Magnolia Oil & Gas Corp (NYSE:MGY – Free Report) by 38.7% during the fourth quarter, HoldingsChannel reports. The firm owned 617,000 shares of the company’s stock after buying an additional 172,000 shares during the period. Magnolia Oil & Gas comprises approximately 4.8% of Corigliano Investment Advisers LLC’s portfolio, making the stock its 6th largest holding. Corigliano Investment Advisers LLC’s holdings in Magnolia Oil & Gas were worth $13,506,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. State Street Corp boosted its stake in shares of Magnolia Oil & Gas by 1.4% in the 4th quarter. State Street Corp now owns 8,800,807 shares of the company’s stock valued at $192,650,000 after purchasing an additional 125,707 shares during the last quarter. Dimensional Fund Advisors LP lifted its position in shares of Magnolia Oil & Gas by 4.2% during the 4th quarter. Dimensional Fund Advisors LP now owns 6,634,362 shares of the company’s stock valued at $145,230,000 after acquiring an additional 264,649 shares during the period. TD Asset Management Inc lifted its position in shares of Magnolia Oil & Gas by 26.6% during the 4th quarter. TD Asset Management Inc now owns 5,671,819 shares of the company’s stock valued at $124,156,000 after acquiring an additional 1,193,458 shares during the period. Epoch Investment Partners Inc. lifted its position in shares of Magnolia Oil & Gas by 28.8% during the 4th quarter. Epoch Investment Partners Inc. now owns 5,330,064 shares of the company’s stock valued at $116,675,000 after acquiring an additional 1,191,438 shares during the period. Finally, Wellington Management Group LLP lifted its position in shares of Magnolia Oil & Gas by 2.2% during the 3rd quarter. Wellington Management Group LLP now owns 5,225,168 shares of the company’s stock valued at $124,725,000 after acquiring an additional 113,458 shares during the period. 94.73% of the stock is owned by institutional investors.

Magnolia Oil & Gas Stock Performance

MGY opened at $26.87 on Thursday. The company has a current ratio of 1.10, a quick ratio of 1.10 and a debt-to-equity ratio of 0.19. The company’s fifty day moving average price is $28.68 and its two-hundred day moving average price is $26.76. Magnolia Oil & Gas Corp has a 1-year low of $21.07 and a 1-year high of $32.76. The company has a market cap of $4.97 billion, a price-to-earnings ratio of 15.62 and a beta of 0.71.

Magnolia Oil & Gas (NYSE:MGY – Get Free Report) last released its quarterly earnings data on Wednesday, May 6th. The company reported $0.54 earnings per share for the quarter, topping the consensus estimate of $0.51 by $0.03. Magnolia Oil & Gas had a net margin of 24.40% and a return on equity of 16.28%. The firm had revenue of $358.51 million for the quarter, compared to the consensus estimate of $349.89 million. During the same quarter in the prior year, the company posted $0.54 earnings per share. The business’s revenue was up 2.3% on a year-over-year basis. On average, analysts expect that Magnolia Oil & Gas Corp will post 2.79 EPS for the current fiscal year.

Magnolia Oil & Gas Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Monday, June 1st. Shareholders of record on Tuesday, May 12th were issued a dividend of $0.165 per share. The ex-dividend date was Tuesday, May 12th. This represents a $0.66 annualized dividend and a yield of 2.5%. Magnolia Oil & Gas’s dividend payout ratio is presently 38.37%.

Analyst Ratings Changes

A number of research analysts recently issued reports on the stock. Piper Sandler boosted their target price on shares of Magnolia Oil & Gas from $28.00 to $31.00 and gave the company a “neutral” rating in a research report on Thursday, March 12th. Citigroup dropped their target price on shares of Magnolia Oil & Gas from $35.00 to $32.00 and set a “neutral” rating on the stock in a research report on Monday, April 13th. Roth Mkm reiterated a “neutral” rating and set a $32.00 target price (up from $29.00) on shares of Magnolia Oil & Gas in a research report on Wednesday, April 8th. 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. Finally, Siebert Williams Shank downgraded shares of Magnolia Oil & Gas from a “buy” rating to a “hold” rating in a research report on Friday, March 6th. Seven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $31.42.

Get Our Latest Stock Report on Magnolia Oil & Gas

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).