Raiffeisen Bank International AG Lowers Holdings in Marathon Petroleum Corporation $MPC

Posted by Geri Gentry on Sep 6th, 2026

Raiffeisen Bank International AG lowered its stake in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 42.1% in the second quarter, HoldingsChannel reports. The fund owned 3,479 shares of the oil and gas company’s stock after selling 2,529 shares during the quarter. Raiffeisen Bank International AG’s holdings in Marathon Petroleum were worth $902,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of MPC. BlackRock Inc. purchased a new stake in Marathon Petroleum in the second quarter valued at approximately $6,648,958,000. Bank of New York Mellon Corp purchased a new position in Marathon Petroleum during the second quarter worth approximately $1,029,611,000. Norges Bank purchased a new position in Marathon Petroleum during the fourth quarter worth approximately $472,312,000. Bank of America Corp DE acquired a new position in shares of Marathon Petroleum in the 2nd quarter valued at $621,832,000. Finally, Capital Wealth Planning LLC grew its stake in shares of Marathon Petroleum by 49,392.0% during the 4th quarter. Capital Wealth Planning LLC now owns 1,498,124 shares of the oil and gas company’s stock valued at $245,157,000 after buying an additional 1,495,097 shares during the period. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages recently weighed in on MPC. Mizuho lifted their target price on Marathon Petroleum from $284.00 to $304.00 and gave the company a “neutral” rating in a report on Tuesday, August 11th. Barclays lifted their price objective on Marathon Petroleum from $289.00 to $321.00 and gave the company an “overweight” rating in a research note on Thursday, August 6th. Wells Fargo & Company increased their target price on shares of Marathon Petroleum from $359.00 to $400.00 and gave the stock an “overweight” rating in a research report on Tuesday. Evercore set a $330.00 price target on shares of Marathon Petroleum in a report on Wednesday, August 5th. Finally, UBS Group reiterated a “buy” rating and set a $321.00 price objective on shares of Marathon Petroleum in a research note on Friday, July 10th. Twelve equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $322.44.

View Our Latest Analysis on MPC

Marathon Petroleum Stock Performance

Shares of NYSE:MPC opened at $389.86 on Friday. The company has a market cap of $113.81 billion, a P/E ratio of 13.40, a PEG ratio of 0.25 and a beta of 0.53. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 1.25. Marathon Petroleum Corporation has a one year low of $161.93 and a one year high of $398.52. The business’s 50-day simple moving average is $322.31 and its 200 day simple moving average is $266.52.

Marathon Petroleum (NYSE:MPC – Get Free Report) last released its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The firm had revenue of $51.99 billion during the quarter, compared to analysts’ expectations of $40.87 billion. During the same quarter in the prior year, the business earned $3.96 EPS. Marathon Petroleum’s quarterly revenue was up 53.5% compared to the same quarter last year. On average, sell-side analysts forecast that Marathon Petroleum Corporation will post 47.23 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be paid a $1.00 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.0%. Marathon Petroleum’s dividend payout ratio is 13.75%.

Insider Activity at Marathon Petroleum

In related news, insider Molly Benson sold 17,196 shares of the firm’s stock in a transaction on Monday, August 17th. The shares were sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the completion of the sale, the insider directly owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. This trade represents a 36.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Shawn Lyon sold 1,000 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $375.75, for a total transaction of $375,750.00. Following the completion of the transaction, the senior vice president owned 11,194 shares in the company, valued at $4,206,145.50. This represents a 8.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 21,691 shares of company stock valued at $7,780,127. Corporate insiders own 0.17% of the company’s stock.

About Marathon Petroleum

(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.