Texas Yale Capital Corp. Has $16.62 Million Stake in Mplx Lp $MPLX

Posted by Brenda Bartman on May 31st, 2026

Texas Yale Capital Corp. grew its position in shares of Mplx Lp (NYSE:MPLX – Free Report) by 3.9% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 311,445 shares of the pipeline company’s stock after buying an additional 11,600 shares during the quarter. Mplx makes up about 0.5% of Texas Yale Capital Corp.’s investment portfolio, making the stock its 27th largest holding. Texas Yale Capital Corp.’s holdings in Mplx were worth $16,622,000 at the end of the most recent reporting period.

Several other institutional investors have also made changes to their positions in the company. Belfer Management LLC lifted its holdings in shares of Mplx by 2.4% during the 4th quarter. Belfer Management LLC now owns 7,849 shares of the pipeline company’s stock valued at $419,000 after buying an additional 181 shares during the last quarter. Trueblood Wealth Management LLC lifted its holdings in Mplx by 1.9% in the 4th quarter. Trueblood Wealth Management LLC now owns 9,736 shares of the pipeline company’s stock worth $520,000 after purchasing an additional 186 shares during the last quarter. Wealthstar Advisors LLC lifted its holdings in Mplx by 1.5% in the 4th quarter. Wealthstar Advisors LLC now owns 12,598 shares of the pipeline company’s stock worth $672,000 after purchasing an additional 190 shares during the last quarter. Cobblestone Capital Advisors LLC NY lifted its holdings in Mplx by 4.0% in the 3rd quarter. Cobblestone Capital Advisors LLC NY now owns 5,198 shares of the pipeline company’s stock worth $260,000 after purchasing an additional 198 shares during the last quarter. Finally, Burford Brothers Inc. lifted its holdings in Mplx by 1.2% in the 4th quarter. Burford Brothers Inc. now owns 17,449 shares of the pipeline company’s stock worth $931,000 after purchasing an additional 209 shares during the last quarter. 24.25% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research firms recently weighed in on MPLX. Truist Financial reduced their target price on Mplx from $67.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Barclays boosted their target price on Mplx from $58.00 to $59.00 and gave the stock an “overweight” rating in a report on Thursday, May 14th. Wall Street Zen lowered Mplx from a “buy” rating to a “hold” rating in a report on Saturday, April 11th. Weiss Ratings lowered Mplx from a “buy (a)” rating to a “buy (a-)” rating in a report on Monday, May 18th. Finally, Stifel Nicolaus boosted their target price on Mplx from $57.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. One investment analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $61.60.

Get Our Latest Analysis on MPLX

Mplx Stock Down 1.2%

Shares of MPLX stock opened at $54.85 on Friday. Mplx Lp has a 12 month low of $47.80 and a 12 month high of $59.98. The firm has a market cap of $55.66 billion, a PE ratio of 11.87, a price-to-earnings-growth ratio of 5.22 and a beta of 0.49. The stock has a 50 day moving average of $56.01 and a 200-day moving average of $55.59. The company has a quick ratio of 1.05, a current ratio of 1.10 and a debt-to-equity ratio of 1.71.

Mplx (NYSE:MPLX – Get Free Report) last issued its quarterly earnings results on Tuesday, May 5th. The pipeline company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.15). Mplx had a return on equity of 32.74% and a net margin of 36.38%.The business had revenue of $2.86 billion for the quarter, compared to analyst estimates of $3.09 billion. During the same quarter last year, the firm earned $1.10 earnings per share. The firm’s quarterly revenue was down 2.8% compared to the same quarter last year. On average, equities analysts predict that Mplx Lp will post 4.24 EPS for the current year.

Mplx Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 8th were issued a dividend of $1.0765 per share. The ex-dividend date was Friday, May 8th. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.9%. Mplx’s payout ratio is 93.29%.

About Mplx

(Free Report)

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.