1,197 Shares of Marathon Petroleum Corporation $MPC Acquired by Sharkey Howes & Javer

Posted by Stanley Muller on Oct 23rd, 2026

Sharkey Howes & Javer purchased a new stake in Marathon Petroleum Corporation (NYSE:MPC – Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 1,197 shares of the oil and gas company’s stock, valued at approximately $473,000.

A number of other hedge funds and other institutional investors have also bought and sold shares of the company. Focus Financial Network Inc. boosted its position in Marathon Petroleum by 2.0% during the 3rd quarter. Focus Financial Network Inc. now owns 1,066 shares of the oil and gas company’s stock worth $422,000 after buying an additional 21 shares during the period. CRA Financial Services LLC increased its stake in shares of Marathon Petroleum by 1.2% in the third quarter. CRA Financial Services LLC now owns 1,844 shares of the oil and gas company’s stock valued at $729,000 after buying an additional 21 shares during the period. Avior Wealth Management LLC increased its stake in shares of Marathon Petroleum by 1.0% in the third quarter. Avior Wealth Management LLC now owns 2,130 shares of the oil and gas company’s stock valued at $842,000 after buying an additional 22 shares during the period. Physician Wealth Advisors Inc. raised its position in shares of Marathon Petroleum by 7.8% during the third quarter. Physician Wealth Advisors Inc. now owns 316 shares of the oil and gas company’s stock worth $125,000 after acquiring an additional 23 shares during the last quarter. Finally, LexAurum Advisors LLC lifted its stake in shares of Marathon Petroleum by 2.6% in the third quarter. LexAurum Advisors LLC now owns 930 shares of the oil and gas company’s stock worth $368,000 after acquiring an additional 24 shares during the period. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum News Roundup

Here are the key news stories impacting Marathon Petroleum this week:

Positive Sentiment: TD Cowen raised its price target to $478 from $450, signaling continued confidence in Marathon Petroleum’s outlook and suggesting additional upside from recent trading levels. TD Cowen Adjusts Price Target on Marathon Petroleum to $478 From $450
Positive Sentiment: Zacks added MPC to its Rank #1 (Strong Buy) growth-stocks list, reinforcing the bullish view on the company’s earnings and growth prospects. Best Growth Stocks to Buy for October 22nd
Positive Sentiment: Strong U.S. fuel refining margins are supporting refinery profitability, keeping MPC in focus alongside Valero Energy and Phillips 66 and providing a favorable near-term earnings backdrop. U.S. Refiners Benefit From Strong Margins: Will Momentum Last?
Neutral Sentiment: Supplier Cognite was named Marathon Petroleum’s Corporate Supplier of the Year. The recognition highlights supplier contributions but does not represent a material change to MPC’s financial outlook. Cognite Earns Corporate Supplier of the Year Award from Marathon Petroleum Corporation
Negative Sentiment: Shares declined in the prior session despite a broader market uptick, suggesting some company-specific selling or profit-taking after the stock’s substantial advance. Marathon Petroleum Stock Falls Amid Market Uptick
Negative Sentiment: Commentary warns that MPC has limited margin of safety at its elevated valuation and that refining profitability may face a ceiling if Middle East tensions mature or fade, potentially reducing exceptional margins. Marathon Petroleum Profitability Seems To Have A Ceiling

Insider Activity at Marathon Petroleum

In other Marathon Petroleum news, VP Erin M. Brzezinski sold 570 shares of the firm’s stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total transaction of $206,790.30. Following the completion of the transaction, the vice president owned 1,576 shares of the company’s stock, valued at approximately $571,757.04. This trade represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, insider Molly R. Benson sold 17,196 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the completion of the transaction, the insider owned 30,334 shares in the company, valued at approximately $10,876,862.38. The trade was a 36.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 21,691 shares of company stock valued at $7,780,127 in the last three months. Company insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have commented on MPC shares. Jefferies Financial Group reaffirmed a “hold” rating and set a $433.00 price target on shares of Marathon Petroleum in a research report on Sunday, October 11th. Weiss Ratings upgraded Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. Bank of America lifted their price target on Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a report on Friday, October 2nd. Mizuho raised their price target on shares of Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a research note on Thursday, October 8th. Finally, Evercore set a $330.00 price objective on Marathon Petroleum in a research note on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and a consensus target price of $424.31.

Check Out Our Latest Stock Analysis on MPC

Marathon Petroleum Price Performance

MPC opened at $459.58 on Friday. 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 52-week low of $161.93 and a 52-week high of $493.98. The stock has a market capitalization of $134.17 billion, a PE ratio of 15.80, a price-to-earnings-growth ratio of 0.12 and a beta of 0.54. The stock’s 50 day moving average price is $408.02 and its 200-day moving average price is $315.81.

Marathon Petroleum (NYSE:MPC – Get Free Report) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. The business had revenue of $51.99 billion during the quarter, compared to the consensus estimate of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The firm’s quarterly revenue was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the company earned $3.96 earnings per share. On average, equities research analysts predict that Marathon Petroleum Corporation will post 63.58 EPS for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 19th. Marathon Petroleum’s dividend payout ratio (DPR) is 13.75%.

About Marathon Petroleum

(Free Report)

Marathon Petroleum Corporation (NYSE:MPC) is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum’s refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.