Marathon Petroleum (NYSE:MPC) Stock Jumps 4.6% – Time to Buy?

Posted by Brenda Bartman on Nov 9th, 2026

Marathon Petroleum Corporation (NYSE:MPC – Get Free Report)’s stock price shot up 4.6% on Monday. The company traded as high as $392.06 and last traded at $389.9070. Approximately 2,648,100 shares were traded during trading, an increase of 7% from the average daily volume of 2,478,377 shares. The stock had previously closed at $372.74.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on MPC shares. Evercore set a $330.00 target price on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Weiss Ratings raised shares of Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Mizuho lifted their price objective on Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a report on Thursday, October 8th. Wells Fargo & Company boosted their price objective on Marathon Petroleum from $560.00 to $564.00 and gave the stock an “overweight” rating in a research note on Wednesday, November 4th. Finally, TD Cowen increased their target price on Marathon Petroleum from $450.00 to $478.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, Marathon Petroleum has a consensus rating of “Moderate Buy” and an average price target of $425.12.

Get Our Latest Stock Report on Marathon Petroleum

Marathon Petroleum Price Performance

The firm has a market capitalization of $106.16 billion, a PE ratio of 13.40, a price-to-earnings-growth ratio of 0.09 and a beta of 0.53. The stock’s 50 day simple moving average is $421.69 and its two-hundred day simple moving average is $295.35. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.09 and a current ratio of 1.45.

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 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 firm had revenue of $56.03 billion during the quarter, compared to analysts’ expectations of $46.60 billion. During the same quarter last year, the firm earned $3.01 earnings per share. The business’s revenue for the quarter was up 57.6% on a year-over-year basis. On average, sell-side analysts forecast that Marathon Petroleum Corporation will post 66.31 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently announced 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 1.0%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio is presently 15.13%.

Insiders Place Their Bets

In related news, insider Molly R. Benson sold 17,196 shares of the company’s stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $358.57, for a total value of $6,165,969.72. Following the completion of the sale, the insider owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. This represents a 36.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this link. Also, SVP Shawn M. 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 sale, the senior vice president owned 11,194 shares of the company’s stock, valued at approximately $4,206,145.50. The trade was a 8.20% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 21,691 shares of company stock valued at $7,780,127 in the last three months. 0.17% of the stock is currently owned by insiders.

Institutional Trading of Marathon Petroleum

Hedge funds have recently made changes to their positions in the company. Vontobel Holding Ltd. increased its position in shares of Marathon Petroleum by 23.2% in the third quarter. Vontobel Holding Ltd. now owns 14,025 shares of the oil and gas company’s stock valued at $5,546,000 after buying an additional 2,637 shares in the last quarter. Energy Income Partners LLC acquired a new stake in Marathon Petroleum in the 2nd quarter valued at about $4,912,000. Evolve Private Wealth LLC acquired a new stake in Marathon Petroleum in the 2nd quarter valued at about $673,000. Railway Pension Investments Ltd purchased a new position in Marathon Petroleum during the 2nd quarter valued at about $3,886,000. Finally, Sax Wealth Advisors LLC increased its holdings in Marathon Petroleum by 471.0% during the 3rd quarter. Sax Wealth Advisors LLC now owns 18,705 shares of the oil and gas company’s stock valued at $7,396,000 after acquiring an additional 15,429 shares in the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.

About Marathon Petroleum

(Get Free Report)

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.