Maryland State Retirement & Pension System Lowers Stock Position in Mplx Lp $MPLX

Posted by Brenda Bartman on Jul 15th, 2026

Maryland State Retirement & Pension System lessened its position in shares of Mplx Lp (NYSE:MPLX – Free Report) by 4.3% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 339,111 shares of the pipeline company’s stock after selling 15,415 shares during the quarter. Maryland State Retirement & Pension System’s holdings in Mplx were worth $19,353,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in MPLX. EQ Wealth Advisors LLC purchased a new stake in shares of Mplx during the 4th quarter worth about $32,000. Wiser Advisor Group LLC purchased a new position in shares of Mplx in the 3rd quarter valued at about $38,000. Prosperity Bancshares Inc purchased a new position in shares of Mplx in the 4th quarter valued at about $43,000. Groesbeck Investment Management Corp NJ acquired a new position in Mplx in the 4th quarter worth about $49,000. Finally, WFA of San Diego LLC acquired a new position in Mplx in the 2nd quarter worth about $52,000. Hedge funds and other institutional investors own 24.25% of the company’s stock.

Mplx Trading Down 1.2%

Shares of Mplx stock opened at $56.53 on Wednesday. The stock has a market cap of $57.37 billion, a P/E ratio of 12.24, a P/E/G ratio of 5.49 and a beta of 0.47. The stock’s 50 day simple moving average is $56.12 and its 200-day simple moving average is $56.20. Mplx Lp has a 1-year low of $47.80 and a 1-year high of $59.98. The company has a debt-to-equity ratio of 1.71, a current ratio of 1.10 and a quick ratio of 1.05.

Mplx (NYSE:MPLX – Get Free Report) last posted its quarterly earnings results on Tuesday, May 5th. The pipeline company reported $0.90 EPS for the quarter, missing the consensus estimate of $1.05 by ($0.15). Mplx had a net margin of 36.38% and a return on equity of 32.74%. The company had revenue of $2.86 billion during the quarter, compared to analyst estimates of $3.09 billion. During the same period in the prior year, the business posted $1.10 EPS. Mplx’s revenue for the quarter was down 2.8% compared to the same quarter last year. Analysts predict that Mplx Lp will post 4.22 EPS for the current fiscal year.

Mplx Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Friday, May 15th. Shareholders of record on Friday, May 8th were issued a $1.0765 dividend. This represents a $4.31 annualized dividend and a yield of 7.6%. The ex-dividend date was Friday, May 8th. Mplx’s dividend payout ratio is presently 93.29%.

Wall Street Analysts Forecast Growth

Several brokerages have commented on MPLX. Royal Bank Of Canada reissued an “outperform” rating and issued a $60.00 price objective on shares of Mplx in a report on Thursday, July 2nd. Morgan Stanley reduced their target price on Mplx from $62.00 to $60.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 20th. Barclays increased their target price on Mplx from $58.00 to $59.00 and gave the company an “overweight” rating in a research report on Thursday, May 14th. Zacks Research raised shares of Mplx from a “strong sell” rating to a “hold” rating in a research note on Friday, June 5th. Finally, Weiss Ratings lowered shares of Mplx from a “buy (a)” rating to a “buy (a-)” rating in a report on Monday, May 18th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mplx currently has an average rating of “Moderate Buy” and a consensus target price of $61.60.

Get Our Latest Report on MPLX

Mplx Profile

(Free Report)

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.