Kayne Anderson Capital Advisors LP Makes New $52.80 Million Investment in Marathon Petroleum Corporation $MPC

Posted by George Bondi on Aug 21st, 2026

Kayne Anderson Capital Advisors LP bought a new stake in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) in the 2nd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund bought 206,525 shares of the oil and gas company’s stock, valued at approximately $52,802,000. Marathon Petroleum comprises about 1.0% of Kayne Anderson Capital Advisors LP’s investment portfolio, making the stock its 21st largest holding. Kayne Anderson Capital Advisors LP owned about 0.07% of Marathon Petroleum as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of MPC. Energy Income Partners LLC bought a new stake in Marathon Petroleum in the second quarter valued at $4,912,000. Pictet Asset Management Holding SA grew its position in shares of Marathon Petroleum by 31.0% during the first quarter. Pictet Asset Management Holding SA now owns 213,545 shares of the oil and gas company’s stock worth $52,146,000 after acquiring an additional 50,521 shares during the last quarter. Teachers Retirement System of The State of Kentucky grew its position in shares of Marathon Petroleum by 570.7% during the first quarter. Teachers Retirement System of The State of Kentucky now owns 168,644 shares of the oil and gas company’s stock worth $41,180,000 after acquiring an additional 143,500 shares during the last quarter. North Dakota State Investment Board acquired a new stake in shares of Marathon Petroleum in the 4th quarter worth about $1,714,000. Finally, ABC Arbitrage SA acquired a new stake in shares of Marathon Petroleum in the 4th quarter worth about $4,977,000. 76.77% of the stock is currently owned by institutional investors.

Insider Activity at Marathon Petroleum

In related news, SVP Shawn M. Lyon sold 2,500 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $350.00, for a total transaction of $875,000.00. Following the completion of the sale, the senior vice president directly owned 12,619 shares of the company’s stock, valued at $4,416,650. This represents a 16.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction that occurred on 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 owned 16,900 shares in the company, valued at approximately $4,543,058. This trade represents a 27.27% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 0.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on MPC shares. Weiss Ratings raised shares of Marathon Petroleum from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Bank of America raised their price target on shares of Marathon Petroleum from $224.00 to $260.00 in a research note on Tuesday, May 26th. BMO Capital Markets reiterated an “outperform” rating on shares of Marathon Petroleum in a research report on Friday, June 12th. Citigroup increased their price objective on Marathon Petroleum from $303.00 to $318.00 and gave the stock a “neutral” rating in a report on Wednesday, August 5th. Finally, Zacks Research cut Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, June 17th. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the stock. Based on data from MarketBeat, Marathon Petroleum presently has an average rating of “Moderate Buy” and a consensus price target of $312.50.

Get Our Latest Analysis on Marathon Petroleum

Marathon Petroleum Trading Down 0.6%

Shares of MPC stock opened at $358.71 on Friday. The stock has a 50-day simple moving average of $295.27 and a 200 day simple moving average of $253.47. The stock has a market capitalization of $104.72 billion, a P/E ratio of 12.33, a P/E/G ratio of 0.23 and a beta of 0.52. Marathon Petroleum Corporation has a fifty-two week low of $161.93 and a fifty-two week high of $367.60. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19.

Marathon Petroleum (NYSE:MPC – Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, topping the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The firm had revenue of $51.99 billion for the quarter, compared to analysts’ expectations of $40.87 billion. During the same period in the previous year, the business earned $3.96 earnings per share. Marathon Petroleum’s revenue for the quarter was up 53.5% compared to the same quarter last year. On average, sell-side analysts expect that Marathon Petroleum Corporation will post 46.66 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.1%. The ex-dividend date is Wednesday, August 19th. Marathon Petroleum’s payout ratio is presently 13.75%.

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.