Elevation Point Wealth Partners LLC Has $2.18 Million Stock Holdings in Marathon Petroleum Corporation $MPC

Posted by Brian Himes on Jul 5th, 2026

Elevation Point Wealth Partners LLC lifted its position in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 218.0% during the first quarter, HoldingsChannel reports. The firm owned 8,930 shares of the oil and gas company’s stock after buying an additional 6,122 shares during the quarter. Elevation Point Wealth Partners LLC’s holdings in Marathon Petroleum were worth $2,180,000 at the end of the most recent quarter.

Several other institutional investors have also modified their holdings of MPC. Creative Financial Designs Inc. ADV grew its position in shares of Marathon Petroleum by 2.6% in the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,050 shares of the oil and gas company’s stock valued at $333,000 after purchasing an additional 51 shares during the period. IFG Advisory LLC raised its holdings in Marathon Petroleum by 1.5% during the 4th quarter. IFG Advisory LLC now owns 3,429 shares of the oil and gas company’s stock worth $558,000 after buying an additional 51 shares during the period. Eagle Bluffs Wealth Management LLC lifted its stake in Marathon Petroleum by 1.2% in the fourth quarter. Eagle Bluffs Wealth Management LLC now owns 4,357 shares of the oil and gas company’s stock valued at $709,000 after buying an additional 52 shares in the last quarter. Auxano Advisors LLC boosted its holdings in shares of Marathon Petroleum by 2.1% in the fourth quarter. Auxano Advisors LLC now owns 2,630 shares of the oil and gas company’s stock valued at $428,000 after buying an additional 55 shares during the period. Finally, Vermillion Wealth Management Inc. boosted its holdings in shares of Marathon Petroleum by 33.3% in the first quarter. Vermillion Wealth Management Inc. now owns 224 shares of the oil and gas company’s stock valued at $55,000 after buying an additional 56 shares during the period. Institutional investors own 76.77% of the company’s stock.

Insiders Place Their Bets

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the completion of the transaction, the vice president directly owned 16,900 shares in the company, valued at $4,543,058. This trade represents a 27.27% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.17% of the stock is currently owned by corporate insiders.

Marathon Petroleum Trading Up 0.1%

Shares of NYSE:MPC opened at $266.50 on Friday. The company’s 50-day moving average price is $252.10 and its two-hundred day moving average price is $218.93. Marathon Petroleum Corporation has a one year low of $158.00 and a one year high of $272.46. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73. The stock has a market capitalization of $77.80 billion, a PE ratio of 17.40, a price-to-earnings-growth ratio of 0.39 and a beta of 0.52.

Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.91. The company had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.Marathon Petroleum’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter last year, the company earned ($0.24) EPS. On average, equities analysts forecast that Marathon Petroleum Corporation will post 32.96 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $4.00 annualized dividend and a yield of 1.5%. Marathon Petroleum’s dividend payout ratio is 26.11%.

Wall Street Analyst Weigh In

MPC has been the topic of several research reports. Mizuho boosted their price objective on shares of Marathon Petroleum from $224.00 to $284.00 and gave the company a “neutral” rating in a research report on Wednesday, May 27th. Piper Sandler lifted their price target on Marathon Petroleum from $197.00 to $228.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. UBS Group set a $285.00 price objective on Marathon Petroleum in a research report on Wednesday, May 6th. Weiss Ratings lowered Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Finally, Bank of America upped their price target on Marathon Petroleum from $224.00 to $260.00 in a research report on Tuesday, May 26th. Ten equities research analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. Based on data from MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $272.62.

View Our Latest Report on Marathon Petroleum

Marathon Petroleum Company 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.