Commonwealth Equity Services LLC lessened its stake in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 7.2% during the third quarter, Holdings Channel.com reports. The firm owned 112,295 shares of the oil and gas company’s stock after selling 8,753 shares during the period. Commonwealth Equity Services LLC’s holdings in Marathon Petroleum were worth $44,404,000 as of its most recent SEC filing.
Other large investors also recently made changes to their positions in the company. Solstein Capital LLC bought a new stake in Marathon Petroleum in the 2nd quarter valued at about $26,000. Caitlin John LLC acquired a new position in Marathon Petroleum during the 2nd quarter worth approximately $26,000. Bell Investment Advisors Inc bought a new position in Marathon Petroleum in the second quarter worth approximately $27,000. Main Street Group LTD bought a new position in Marathon Petroleum in the first quarter worth approximately $35,000. Finally, Cetera Trust Company N.A bought a new position in Marathon Petroleum in the second quarter worth approximately $35,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.
Insider Buying and Selling at Marathon Petroleum
In other Marathon Petroleum news, SVP Shawn Lyon sold 2,500 shares of Marathon Petroleum stock in a transaction 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 transaction, the senior vice president directly owned 12,619 shares of the company’s stock, valued at $4,416,650. The trade was a 16.54% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $362.79, for a total transaction of $206,790.30. Following the completion of the sale, the vice president owned 1,576 shares of the company’s stock, valued at approximately $571,757.04. The trade was a 26.56% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 21,691 shares of company stock worth $7,780,127. Corporate insiders own 0.17% of the company’s stock.
Marathon Petroleum Stock Performance
Shares of Marathon Petroleum stock opened at $372.48 on Friday. Marathon Petroleum Corporation has a 52 week low of $161.93 and a 52 week high of $493.98. The company has a quick ratio of 0.89, a current ratio of 1.45 and a debt-to-equity ratio of 1.10. The business has a 50 day moving average price of $421.69 and a 200-day moving average price of $295.35. The company has a market cap of $101.42 billion, a PE ratio of 12.80, a price-to-earnings-growth ratio of 0.10 and a beta of 0.53.
Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its 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 55.82% and a net margin of 8.27%. The company had revenue of $56.03 billion for the quarter, compared to analysts’ expectations of $46.60 billion. During the same quarter in the previous year, the firm earned $3.01 earnings per share. Marathon Petroleum’s quarterly revenue was up 57.6% on a year-over-year basis. Equities analysts anticipate that Marathon Petroleum Corporation will post 66.31 earnings per share for the current fiscal year.
Marathon Petroleum Dividend Announcement
The business also recently disclosed 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 1.1%. Marathon Petroleum’s dividend payout ratio (DPR) is 13.75%.
Marathon Petroleum News Roundup
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
- Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
- Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
- Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
- Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday
Analyst Ratings Changes
Several equities research analysts have recently commented on MPC shares. Weiss Ratings upgraded Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. Mizuho upped their target price on Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a research report on Thursday, October 8th. The Goldman Sachs Group increased their target price on Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a report on Monday, September 21st. Evercore set a $330.00 price target on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Finally, Bank of America boosted their price target on shares of Marathon Petroleum from $410.00 to $426.00 and gave the company a “neutral” rating in a research note on Friday, October 2nd. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $425.12.
Marathon Petroleum Company Profile
Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.
The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.
Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.
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