Cardinal Point Capital Management ULC Invests $847,000 in Marathon Petroleum Corporation $MPC

Posted by George Bondi on May 14th, 2026

Cardinal Point Capital Management ULC acquired a new stake in Marathon Petroleum Corporation (NYSE:MPC – Free Report) in the fourth quarter, HoldingsChannel.com reports. The firm acquired 5,207 shares of the oil and gas company’s stock, valued at approximately $847,000.

Other institutional investors have also recently added to or reduced their stakes in the company. Fifth Third Wealth Advisors LLC grew its holdings in Marathon Petroleum by 0.6% in 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 buying an additional 57 shares during the period. Legacy Bridge LLC lifted its holdings in shares of Marathon Petroleum by 12.5% during the 4th quarter. Legacy Bridge LLC now owns 523 shares of the oil and gas company’s stock worth $85,000 after acquiring an additional 58 shares during the period. Koshinski Asset Management Inc. boosted its position in shares of Marathon Petroleum by 0.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 8,116 shares of the oil and gas company’s stock worth $1,320,000 after acquiring an additional 59 shares during the last quarter. CI Investments Inc. grew its holdings in Marathon Petroleum by 1.8% in the third quarter. CI Investments Inc. now owns 3,336 shares of the oil and gas company’s stock valued at $643,000 after purchasing an additional 60 shares during the period. Finally, CVA Family Office LLC grew its holdings in Marathon Petroleum by 1.3% in the fourth quarter. CVA Family Office LLC now owns 4,569 shares of the oil and gas company’s stock valued at $743,000 after purchasing an additional 60 shares during the period. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on MPC. Piper Sandler increased their price target on shares of Marathon Petroleum from $197.00 to $228.00 and gave the stock a “neutral” rating in a research note on Thursday, April 9th. TD Cowen boosted their price objective on shares of Marathon Petroleum to $320.00 and gave the company a “buy” rating in a research note on Wednesday, May 6th. BMO Capital Markets upped their price objective on Marathon Petroleum from $255.00 to $290.00 and gave the stock an “outperform” rating in a report on Wednesday. Raymond James Financial reaffirmed an “outperform” rating on shares of Marathon Petroleum in a research report on Wednesday, May 6th. Finally, JPMorgan Chase & Co. lifted their target price on Marathon Petroleum from $235.00 to $257.00 in a report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $259.44.

Get Our Latest Research Report on Marathon Petroleum

Marathon Petroleum Trading Down 1.1%

Shares of MPC stock opened at $249.31 on Thursday. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31. Marathon Petroleum Corporation has a fifty-two week low of $154.65 and a fifty-two week high of $261.61. The firm’s 50 day moving average price is $233.15 and its two-hundred day moving average price is $202.71. The stock has a market cap of $72.78 billion, a price-to-earnings ratio of 16.27, a price-to-earnings-growth ratio of 0.34 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC – Get Free Report) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The company had revenue of $34.20 billion during the quarter, compared to analyst estimates of $33.42 billion. During the same quarter in the prior year, the business earned ($0.24) earnings per share. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. On average, analysts anticipate that Marathon Petroleum Corporation will post 28.83 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is currently 26.11%.

Insider Buying and Selling

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,810 shares of the firm’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total value of $406,851.80. Following the transaction, the insider directly owned 10,188 shares of the company’s stock, valued at $2,290,058.64. This trade represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 4,473 shares of company stock valued at $1,015,428 over the last 90 days. Company insiders own 0.17% of the company’s stock.

Trending Headlines about Marathon Petroleum

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

Positive Sentiment: BMO Capital Markets raised its price target on Marathon Petroleum to $290 from $255 and kept an outperform rating, signaling higher expectations for the shares. BMO Capital Adjusts Price Target on Marathon Petroleum to 290 From 255, Maintains Outperform Rating
Positive Sentiment: Marathon Petroleum recently reported a strong Q1 earnings beat, with refining margins improving and a newly announced $5 billion buyback adding support for shareholder returns. MPC Q1 Earnings Beat Estimates on Strong Refining Results
Positive Sentiment: Higher crude and fuel market volatility tied to Middle East supply disruption is widening refining crack spreads, which can lift earnings for refiners like MPC that process discounted crude into more valuable gasoline and diesel. The Great SPR Arbitrage: An Oil Market Glitch Fuels Sector Gains
Neutral Sentiment: Analysts have been revisiting Marathon Petroleum’s fair value estimate, which was updated higher to $256.83 per share, reflecting evolving assumptions around oil and natural gas markets. How The Marathon Petroleum (MPC) Story Is Shifting As Analyst Views And Assumptions Evolve
Neutral Sentiment: MPC is also drawing attention as a trending stock, suggesting investors are actively re-evaluating the name after the latest earnings and analyst updates. Is Trending Stock Marathon Petroleum Corporation (MPC) a Buy Now?
Negative Sentiment: Any easing of geopolitical tensions, a drop in oil prices, or policy pushback against high fuel prices could compress refining margins and reduce the earnings tailwind for Marathon Petroleum.

Marathon Petroleum Profile

(Free Report)

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.