Marathon Petroleum Corporation $MPC Shares Newly Acquired by First Nebraska Trust Co

Posted by Brian Himes on Nov 4th, 2026

First Nebraska Trust Co acquired a new stake in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm acquired 17,411 shares of the oil and gas company’s stock, valued at approximately $6,884,000.

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

Wall Street Analyst Weigh In

MPC has been the topic of a number of research analyst reports. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research note on Wednesday, August 5th. Bank of America boosted their target price on shares of Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a research report on Friday, October 2nd. The Goldman Sachs Group boosted their target price on shares of Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Wells Fargo & Company upped their target price on shares of Marathon Petroleum from $400.00 to $560.00 and gave the company an “overweight” rating in a research note on Wednesday, October 14th. Finally, Piper Sandler increased their price target on shares of Marathon Petroleum from $344.00 to $462.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. One equities research 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’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $424.31.

View Our Latest Stock Report on MPC

Key Stories Impacting Marathon Petroleum

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

Positive Sentiment: Adjusted earnings of $26.93 per share topped analyst expectations, while revenue reached about $56 billion. Profit surged from a year earlier as refining margins jumped and refineries operated at high utilization. Reuters article
Positive Sentiment: MPC raised its quarterly dividend by 10% and reported $3.3 billion in capital returned during the quarter. The company also highlighted strong cash generation, which may support further investor payouts. Third-quarter results
Neutral Sentiment: MPC agreed to sell its St. Paul Park and Mandan refineries and related businesses to CVR Energy in a transaction valued at about $4.2 billion, with MPC receiving $3.45 billion for refining assets and MPLX receiving $750 million. The sale advances a shift toward Gulf Coast investment and provides proceeds, but also reduces MPC’s refining footprint. Divestiture announcement
Negative Sentiment: The scale of the earnings surge reflects exceptionally strong refining margins, which may not persist if fuel-supply constraints ease or margins normalize. That creates a risk that future results will fall from this quarter’s unusually high level. Refining margins analysis
Negative Sentiment: Energy stocks broadly declined, creating pressure on MPC despite its strong results; the stock’s decline was less severe than some competitors’. MarketWatch article

Insider Buying and Selling at Marathon Petroleum

In other Marathon Petroleum news, VP Erin M. Brzezinski sold 570 shares of the stock in a transaction 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 sale, the vice president directly owned 1,576 shares of the company’s stock, valued at approximately $571,757.04. This 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 available at the SEC website. Also, SVP Shawn Lyon sold 1,000 shares of the firm’s stock in a transaction dated 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 approximately $4,206,145.50. The trade was a 8.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,691 shares of company stock worth $7,780,127 over the last 90 days. Insiders own 0.17% of the company’s stock.

Marathon Petroleum Price Performance

Shares of NYSE MPC opened at $428.27 on Wednesday. Marathon Petroleum Corporation has a twelve month low of $161.93 and a twelve month high of $493.98. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $125.03 billion, a price-to-earnings ratio of 14.72, a price-to-earnings-growth ratio of 0.11 and a beta of 0.53. The business has a 50 day simple moving average of $420.48 and a 200-day simple moving average of $292.28.

Marathon Petroleum (NYSE:MPC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $25.37 by $1.56. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The business had revenue of $56.03 billion for the quarter, compared to analyst estimates of $46.60 billion. During the same period in the prior year, the company posted $3.01 EPS. The business’s revenue was up 57.6% compared to the same quarter last year. As a group, equities research analysts expect that Marathon Petroleum Corporation will post 64.12 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

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

Marathon Petroleum Company Profile

(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.