Rep. David Taylor Sells Off Shares of Marathon Petroleum Corporation (NYSE:MPC)

Posted by on Oct 31st, 2026

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on October 29th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

  • Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/15/2026.
  • Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 10/15/2026.
  • Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
  • Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
  • Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
  • Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
  • Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
  • Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
  • Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
  • Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.

Marathon Petroleum Price Performance

Shares of MPC opened at $444.92 on Friday. Marathon Petroleum Corporation has a fifty-two week low of $161.93 and a fifty-two week high of $493.98. The company has a market capitalization of $129.89 billion, a P/E ratio of 15.29, a P/E/G ratio of 0.11 and a beta of 0.54. The business’s 50-day moving average is $417.80 and its two-hundred day moving average is $289.77. 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 (NYSE:MPC – Get Free Report) last released its quarterly earnings data 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 return on equity of 31.96% and a net margin of 5.48%. The business had revenue of $51.99 billion for the quarter, compared to analyst estimates of $40.87 billion. During the same quarter in the prior year, the firm posted $3.96 EPS. The business’s quarterly revenue was up 53.5% compared to the same quarter last year. Research analysts predict that Marathon Petroleum Corporation will post 64.12 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Citigroup increased their price target on Marathon Petroleum from $318.00 to $518.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 13th. Raymond James Financial boosted their price objective on Marathon Petroleum from $350.00 to $445.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Bank of America upped their target price on Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a research note on Friday, October 2nd. Evercore set a $330.00 target price on Marathon Petroleum in a research report on Wednesday, August 5th. Finally, Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. Based on data from MarketBeat, Marathon Petroleum currently has a consensus rating of “Moderate Buy” and a consensus price target of $424.31.

View Our Latest Analysis on Marathon Petroleum

Institutional Investors Weigh In On Marathon Petroleum

Several large investors have recently bought and sold shares of the company. BlackRock Inc. acquired a new stake in Marathon Petroleum during the 2nd quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp acquired a new position in shares of Marathon Petroleum in the second quarter valued at approximately $1,029,611,000. Bank of America Corp DE acquired a new position in shares of Marathon Petroleum in the second quarter valued at approximately $621,832,000. Legal & General Group Plc purchased a new stake in shares of Marathon Petroleum during the second quarter worth approximately $380,745,000. Finally, Deutsche Bank AG purchased a new stake in shares of Marathon Petroleum during the second quarter worth approximately $280,761,000. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Marathon Petroleum

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

  • Positive Sentiment: Dividend raised 10%: Marathon Petroleum increased its quarterly dividend from $1.00 to $1.10 per share, payable December 10 to shareholders of record November 18. The increase signals confidence in cash generation and strengthens the stock’s shareholder-return appeal. Marathon Petroleum Corp. Increases Quarterly Dividend
  • Positive Sentiment: Positive pre-earnings expectations: Analysts and financial commentary describe MPC as a potentially attractive value and momentum stock ahead of its November 3 results. Investors are watching whether refining profitability, revenue and other operating metrics can exceed elevated expectations. This Is Why MPC Stock Is a Smart Buy Before Q3 Earnings Release
  • Positive Sentiment: Strong momentum and valuation support: Zacks identifies MPC as a strong momentum stock, while other coverage highlights its growth potential and comparatively attractive PEG-based valuation. These signals may be encouraging additional buying interest. Here’s Why Marathon Petroleum Is a Strong Momentum Stock
  • Neutral Sentiment: Board appointment: David E. Constable will join MPC’s board effective March 1, 2027. The appointment could add strategic or governance expertise, but its near-term earnings impact is unclear. David Constable to Join Marathon Petroleum Board
  • Negative Sentiment: Profit-taking and earnings risks: ETFs were net sellers of MPC, while commentary warns that pressured refining margins and gasoline markets could disappoint after the stock’s substantial rally. Even a quarterly earnings beat may trigger selling if results or guidance fail to exceed high expectations. Marathon Petroleum’s November 3 Earnings Red Flags

Insider Buying and Selling

In related news, VP Erin M. Brzezinski sold 570 shares of Marathon Petroleum stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total value of $206,790.30. Following the transaction, the vice president directly owned 1,576 shares in the company, valued at $571,757.04. This trade represents a 26.56% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, insider Molly Benson sold 17,196 shares of the business’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 transaction, the insider directly owned 30,334 shares in the company, valued at $10,876,862.38. This represents a 36.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold a total of 21,691 shares of company stock valued at $7,780,127 over the last three months. 0.17% of the stock is currently owned by company insiders.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Marathon Petroleum Company Profile

(Get 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.

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