Hudson Edge Investment Partners Inc. Trims Stock Holdings in Marathon Petroleum Corporation $MPC

Hudson Edge Investment Partners Inc. cut its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC) by 9.6% during the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 31,364 shares of the oil and gas company’s stock after selling 3,330 shares during the quarter. Hudson Edge Investment Partners Inc.’s holdings in Marathon Petroleum were worth $5,101,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in MPC. Associated Banc Corp increased its stake in shares of Marathon Petroleum by 2.1% in the third quarter. Associated Banc Corp now owns 2,475 shares of the oil and gas company’s stock worth $477,000 after buying an additional 52 shares during the last quarter. Fifth Third Wealth Advisors LLC boosted its stake in Marathon Petroleum by 0.6% during the 4th quarter. Fifth Third Wealth Advisors LLC now owns 10,287 shares of the oil and gas company’s stock valued at $1,673,000 after acquiring an additional 57 shares during the last quarter. Legacy Bridge LLC boosted its stake in Marathon Petroleum by 12.5% during the 4th quarter. Legacy Bridge LLC now owns 523 shares of the oil and gas company’s stock valued at $85,000 after acquiring an additional 58 shares during the last quarter. CoreCap Advisors LLC grew its holdings in Marathon Petroleum by 2.6% during the 3rd quarter. CoreCap Advisors LLC now owns 2,363 shares of the oil and gas company’s stock worth $456,000 after acquiring an additional 59 shares in the last quarter. Finally, CI Investments Inc. increased its position in shares of Marathon Petroleum by 1.8% in the 3rd quarter. CI Investments Inc. now owns 3,336 shares of the oil and gas company’s stock worth $643,000 after purchasing an additional 60 shares during the last quarter. 76.77% of the stock is owned by institutional investors and hedge funds.

Marathon Petroleum Trading Down 0.1%

Marathon Petroleum stock opened at $213.37 on Monday. Marathon Petroleum Corporation has a 52-week low of $124.00 and a 52-week high of $255.77. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 1.27. The firm has a market capitalization of $62.84 billion, a price-to-earnings ratio of 15.98, a PEG ratio of 0.36 and a beta of 0.58. The firm has a 50-day moving average price of $221.31 and a two-hundred day moving average price of $197.06.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 EPS for the quarter, beating the consensus estimate of $3.73 by $0.34. The company had revenue of $32.57 billion for the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. Marathon Petroleum’s revenue was down .1% compared to the same quarter last year. During the same quarter last year, the business earned $0.77 earnings per share. Sell-side analysts expect that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 18th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.9%. The ex-dividend date was Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio (DPR) is currently 29.96%.

Insiders Place Their Bets

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,626 shares of the business’s stock in a transaction on Friday, March 13th. The stock was sold at an average price of $228.18, for a total transaction of $371,020.68. Following the completion of the transaction, the insider owned 7,525 shares in the company, valued at approximately $1,717,054.50. The trade was a 17.77% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is owned by insiders.

Trending Headlines about Marathon Petroleum

Here are the key news stories impacting Marathon Petroleum this week:

• Positive Sentiment: Marathon and its MLP MPLX arranged new multi‑billion dollar unsecured revolving credit facilities that extend committed liquidity to 2031, reducing near‑term refinancing risk and supporting cash flow flexibility. Marathon Petroleum Extends Liquidity To 2031 With New Credit Lines
• Positive Sentiment: An analyst price‑target raise to $279 and a cluster of bullish targets/overweight ratings in recent months signal continued analyst confidence in MPC’s cash generation and long‑term outlook. Marathon Petroleum (NYSE:MPC) Price Target Raised to $279.00
• Neutral Sentiment: Investors are reassessing MPC’s valuation after strong recent returns (roughly +29% over 3 months); that momentum has pushed attention on whether current price already reflects near‑term margin risk. Assessing Marathon Petroleum (MPC) Valuation After Recent Share Price Momentum
• Neutral Sentiment: Coverage highlighting MPC as a long‑term value/income idea underscores the company’s dividend and cashflow narrative, but these thematic pieces are less likely to move the stock near term versus operational and macro inputs. Why Marathon Petroleum (MPC) is a Top Value Stock for the Long-Term
• Negative Sentiment: Sector‑wide pullback in refining stocks is pressuring MPC as gasoline futures have softened and investors trim exposure to narrowing product cracks; this is a primary contributor to today’s decline. Marathon Petroleum (MPC) slides 4.9% as refining stocks pull back amid shifting fuel-price and operations outlook
• Negative Sentiment: Operational volatility: scheduled maintenance at the Robinson, IL refinery (mid‑March start; some units offline into mid‑May) plus a recent FCCU upset at the Galveston Bay refinery can dent near‑term throughput and margin capture. The same QuiverQuant piece also flags insider selling and large institutional position reductions, which can heighten downward pressure. Marathon Petroleum (MPC) slides 4.9% as refining stocks pull back amid shifting fuel-price and operations outlook

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. BMO Capital Markets upped their target price on shares of Marathon Petroleum from $230.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, April 7th. TD Cowen lifted their price target on Marathon Petroleum from $198.00 to $299.00 and gave the stock a “buy” rating in a research note on Wednesday, April 1st. Mizuho boosted their price objective on Marathon Petroleum from $205.00 to $224.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday. Finally, Jefferies Financial Group lifted their target price on Marathon Petroleum from $263.00 to $279.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. Two analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $237.50.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.