Wick Capital Partners LLC Invests $712,000 in Mplx Lp $MPLX

Posted by Geri Gentry on Jun 19th, 2026

Wick Capital Partners LLC bought a new position in shares of Mplx Lp (NYSE:MPLX – Free Report) in the fourth quarter, HoldingsChannel reports. The firm bought 13,340 shares of the pipeline company’s stock, valued at approximately $712,000.

Other institutional investors also recently bought and sold shares of the company. Solstein Capital LLC purchased a new stake in Mplx in the 3rd quarter worth $25,000. EQ Wealth Advisors LLC bought a new position in shares of Mplx during the 4th quarter valued at about $32,000. Wiser Advisor Group LLC bought a new stake in shares of Mplx in the third quarter worth about $38,000. Prosperity Bancshares Inc bought a new stake in shares of Mplx in the fourth quarter worth about $43,000. Finally, Groesbeck Investment Management Corp NJ bought a new stake in shares of Mplx in the fourth quarter worth about $49,000. 24.25% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

MPLX has been the subject of a number of research reports. Truist Financial dropped their price target on Mplx from $67.00 to $66.00 and set a “buy” rating for the company in a research note on Tuesday, April 7th. Morgan Stanley reduced their price objective on Mplx from $62.00 to $60.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 20th. JPMorgan Chase & Co. upped their price objective on Mplx from $58.00 to $60.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Wells Fargo & Company lowered their target price on Mplx from $63.00 to $61.00 and set an “overweight” rating for the company in a research report on Thursday, May 7th. Finally, Stifel Nicolaus raised their target price on shares of Mplx from $57.00 to $59.00 and gave the company a “buy” rating in a report on Wednesday, March 4th. One equities research analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have given a Hold rating to the company. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $61.60.

Read Our Latest Stock Analysis on MPLX

Mplx Stock Up 1.6%

Shares of NYSE MPLX opened at $56.78 on Friday. The firm’s 50-day moving average price is $55.66 and its 200-day moving average price is $55.91. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 1.71. The stock has a market capitalization of $57.62 billion, a price-to-earnings ratio of 12.29, a P/E/G ratio of 5.36 and a beta of 0.48. Mplx Lp has a 12-month low of $47.80 and a 12-month high of $59.98.

Mplx (NYSE:MPLX – Get Free Report) last announced 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). The business had revenue of $2.86 billion during the quarter, compared to the consensus estimate of $3.09 billion. Mplx had a net margin of 36.38% and a return on equity of 32.74%. The firm’s revenue was down 2.8% on a year-over-year basis. During the same period in the previous year, the business posted $1.10 EPS. On average, equities research analysts anticipate that Mplx Lp will post 4.22 EPS for the current fiscal year.

Mplx Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Friday, May 15th. Stockholders of record on Friday, May 8th were paid a $1.0765 dividend. This represents a $4.31 annualized dividend and a dividend yield of 7.6%. The ex-dividend date of this dividend was Friday, May 8th. Mplx’s dividend payout ratio (DPR) is presently 93.29%.

Mplx Profile

(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.