Cibc World Market Inc. Acquires 74,611 Shares of Marathon Petroleum Corporation $MPC

Posted by Stanley Muller on Jun 5th, 2026

Cibc World Market Inc. increased its stake in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 53.6% during the 4th quarter, Holdings Channel reports. The institutional investor owned 213,851 shares of the oil and gas company’s stock after buying an additional 74,611 shares during the period. Cibc World Market Inc.’s holdings in Marathon Petroleum were worth $34,779,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Avestar Capital LLC raised its position in Marathon Petroleum by 2.3% in the 4th quarter. Avestar Capital LLC now owns 2,963 shares of the oil and gas company’s stock worth $482,000 after purchasing an additional 67 shares during the last quarter. Shepherd Street Advisors LLC bought a new position in Marathon Petroleum in the 4th quarter valued at $878,000. Phillips Wealth Planners LLC acquired a new stake in shares of Marathon Petroleum in the 4th quarter valued at $298,000. CIBC Asset Management Inc raised its position in shares of Marathon Petroleum by 59.4% during the fourth quarter. CIBC Asset Management Inc now owns 74,388 shares of the oil and gas company’s stock worth $12,098,000 after acquiring an additional 27,727 shares during the last quarter. Finally, Kesler Norman & Wride LLC acquired a new position in shares of Marathon Petroleum during the fourth quarter valued at $783,000. Institutional investors and hedge funds own 76.77% of the company’s stock.

Insider Activity

In related news, insider Ricky D. Hessling sold 1,810 shares of the company’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total value of $406,851.80. Following the completion of the sale, the insider owned 10,188 shares in the company, valued at $2,290,058.64. This represents a 15.09% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Over the last three months, insiders have sold 4,473 shares of company stock valued at $1,015,428. 0.17% of the stock is owned by insiders.

Marathon Petroleum Stock Performance

Shares of MPC stock opened at $266.91 on Friday. The stock has a market cap of $77.92 billion, a PE ratio of 17.42, a price-to-earnings-growth ratio of 0.43 and a beta of 0.52. The stock has a 50-day moving average of $242.49 and a 200-day moving average of $209.65. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73. Marathon Petroleum Corporation has a one year low of $155.93 and a one year high of $272.46.

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 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 business had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.42 billion. During the same quarter last year, the firm earned ($0.24) EPS. Marathon Petroleum’s quarterly revenue was up 8.5% compared to the same quarter last year. As a group, sell-side analysts expect that Marathon Petroleum Corporation will post 30.05 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $4.00 annualized dividend and a dividend yield of 1.5%. Marathon Petroleum’s payout ratio is 26.11%.

Wall Street Analyst Weigh In

MPC has been the subject of several recent research reports. Raymond James Financial reissued an “outperform” rating on shares of Marathon Petroleum in a report on Wednesday, May 6th. Morgan Stanley boosted their price target on shares of Marathon Petroleum from $200.00 to $233.00 and gave the stock an “overweight” rating in a research note on Friday, April 24th. UBS Group set a $285.00 price objective on shares of Marathon Petroleum in a report on Wednesday, May 6th. Scotiabank raised their price objective on shares of Marathon Petroleum from $174.00 to $210.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Finally, JPMorgan Chase & Co. upped their target price on shares of Marathon Petroleum from $235.00 to $257.00 in a research report on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $268.50.

Read Our Latest Report on MPC

Marathon Petroleum News Summary

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

Positive Sentiment: Marathon Petroleum has been outperforming other oil refiners, and analysts remain moderately optimistic about its outlook, which suggests investors still see upside in the stock. How Is Marathon Petroleum’s Stock Performance Compared to Other Oil Refiner Stocks?
Positive Sentiment: Recent commentary says MPC has gained about 8.7% since its last earnings report, reflecting continued momentum after a strong quarterly beat and better-than-expected revenue. Why Is Marathon Petroleum (MPC) Up 8.7% Since Last Earnings Report?
Positive Sentiment: MPC was also named to the Zacks Rank #1 “Strong Buy” growth stocks list, which can attract momentum-focused investors. Best Growth Stocks to Buy for June 3rd
Positive Sentiment: Marathon Petroleum’s West Coast refining assets could become a bigger earnings driver if California fuel supply remains tight, potentially improving refining margins. Can MPC’s West Coast Assets Become a Bigger Earnings Driver?
Positive Sentiment: The company’s top safety performance recognition at AFPM awards supports its operational reputation and may reinforce confidence in management execution. Marathon Petroleum’s Top Safety Performance Recognized at AFPM Safety Awards
Neutral Sentiment: Several recent valuation-focused articles note that MPC has had a strong multi-month run, which keeps the stock in focus but does not by itself change the fundamental story. Marathon Petroleum (MPC) Valuation Check After Strong Multi‑Month Share Price Gains

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.