Marathon Petroleum (NYSE:MPC) Hits New 1-Year High – Here’s What Happened

Posted by George Bondi on Jul 20th, 2026

Marathon Petroleum Corporation (NYSE:MPC – Get Free Report)’s share price hit a new 52-week high on Monday . The company traded as high as $316.66 and last traded at $317.2150, with a volume of 72967 shares. The stock had previously closed at $312.60.

Analysts Set New Price Targets

MPC has been the topic of several research analyst reports. Wells Fargo & Company restated an “overweight” rating and issued a $344.00 price objective on shares of Marathon Petroleum in a research note on Monday, June 15th. TD Cowen dropped their target price on Marathon Petroleum from $320.00 to $315.00 and set a “buy” rating for the company in a report on Monday, June 29th. BMO Capital Markets reissued an “outperform” rating on shares of Marathon Petroleum in a report on Friday, June 12th. The Goldman Sachs Group increased their target price on Marathon Petroleum from $264.00 to $291.00 and gave the stock a “buy” rating in a report on Thursday, May 7th. Finally, Mizuho raised their price target on shares of Marathon Petroleum from $224.00 to $284.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Ten analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $283.56.

Read Our Latest Report on MPC

Marathon Petroleum Trading Up 1.2%

The business has a 50 day moving average price of $262.34 and a 200 day moving average price of $227.78. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 1.31. The company has a market capitalization of $92.36 billion, a P/E ratio of 20.68, a PEG ratio of 0.42 and a beta of 0.52.

Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share for the quarter, topping analysts’ consensus estimates of $0.74 by $0.91. The company had revenue of $34.20 billion for the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The business’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same period last year, the firm posted ($0.24) earnings per share. Analysts anticipate that Marathon Petroleum Corporation will post 35.82 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is 26.11%.

Insider Activity at Marathon Petroleum

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

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the business. Norges Bank acquired a new position in shares of Marathon Petroleum during the 4th quarter worth approximately $472,312,000. Capital Wealth Planning LLC raised its stake in Marathon Petroleum by 49,392.0% in the 4th quarter. Capital Wealth Planning LLC now owns 1,498,124 shares of the oil and gas company’s stock worth $245,157,000 after purchasing an additional 1,495,097 shares in the last quarter. Pacer Advisors Inc. boosted its stake in shares of Marathon Petroleum by 3,816.8% in the fourth quarter. Pacer Advisors Inc. now owns 1,306,749 shares of the oil and gas company’s stock valued at $212,517,000 after buying an additional 1,273,386 shares during the period. GHE LLC lifted its position in shares of Marathon Petroleum by 1,939.8% during the 1st quarter. GHE LLC now owns 649,542 shares of the oil and gas company’s stock valued at $158,605,000 after acquiring an additional 617,699 shares during the period. Finally, Man Group plc grew its stake in Marathon Petroleum by 2,175.0% during the fourth quarter. Man Group plc now owns 568,790 shares of the oil and gas company’s stock worth $92,502,000 after buying an additional 543,788 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum Company Profile

(Get 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.