Militia Capital Management LLC Buys Shares of 67,000 Mplx Lp $MPLX

Posted by Brian Himes on Jul 23rd, 2026

Militia Capital Management LLC bought a new stake in Mplx Lp (NYSE:MPLX – Free Report) during the 1st quarter, according to its most recent filing with the Securities and Exchange Commission. The fund bought 67,000 shares of the pipeline company’s stock, valued at approximately $3,824,000. Mplx comprises 0.8% of Militia Capital Management LLC’s investment portfolio, making the stock its 22nd biggest position.

Several other hedge funds have also made changes to their positions in the company. Invesco Ltd. raised its position in shares of Mplx by 0.7% during the 3rd quarter. Invesco Ltd. now owns 19,561,938 shares of the pipeline company’s stock valued at $977,119,000 after buying an additional 143,361 shares during the period. Bank of America Corp DE lifted its holdings in Mplx by 8.3% in the second quarter. Bank of America Corp DE now owns 9,873,619 shares of the pipeline company’s stock valued at $508,590,000 after acquiring an additional 757,569 shares during the last quarter. Morgan Stanley grew its position in Mplx by 23.7% in the fourth quarter. Morgan Stanley now owns 5,763,110 shares of the pipeline company’s stock worth $307,577,000 after acquiring an additional 1,104,510 shares during the period. Energy Income Partners LLC grew its position in Mplx by 2.1% in the third quarter. Energy Income Partners LLC now owns 5,659,885 shares of the pipeline company’s stock worth $282,711,000 after acquiring an additional 118,090 shares during the period. Finally, UBS Group AG increased its stake in Mplx by 0.7% during the fourth quarter. UBS Group AG now owns 5,304,746 shares of the pipeline company’s stock worth $283,114,000 after acquiring an additional 38,283 shares during the last quarter. Hedge funds and other institutional investors own 24.25% of the company’s stock.

Mplx Stock Performance

NYSE:MPLX opened at $56.61 on Thursday. Mplx Lp has a fifty-two week low of $47.80 and a fifty-two week high of $59.98. The company has a debt-to-equity ratio of 1.71, a quick ratio of 1.05 and a current ratio of 1.10. The company has a 50 day moving average price of $56.35 and a 200 day moving average price of $56.32. The stock has a market capitalization of $57.44 billion, a P/E ratio of 12.25, a PEG ratio of 5.43 and a beta of 0.47.

Mplx (NYSE:MPLX – Get Free Report) last announced its earnings results on Tuesday, May 5th. The pipeline company reported $0.90 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.15). Mplx had a net margin of 36.38% and a return on equity of 32.74%. The firm had revenue of $2.86 billion during the quarter, compared to analysts’ expectations of $3.09 billion. During the same period in the previous year, the firm earned $1.10 EPS. The firm’s revenue for the quarter was down 2.8% compared to the same quarter last year. Equities research analysts forecast that Mplx Lp will post 4.21 EPS for the current year.

Mplx Announces Dividend

The company 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. The ex-dividend date of this dividend was Friday, May 8th. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.6%. Mplx’s payout ratio is presently 93.29%.

Wall Street Analysts Forecast Growth

MPLX has been the topic of a number of research analyst reports. Royal Bank Of Canada restated an “outperform” rating and issued a $60.00 target price on shares of Mplx in a research report on Thursday, July 2nd. The Goldman Sachs Group increased their price target on Mplx from $55.00 to $63.00 and gave the stock a “buy” rating in a report on Monday, April 20th. Weiss Ratings downgraded Mplx from a “buy (a)” rating to a “buy (a-)” rating in a research report on Monday, May 18th. Barclays boosted their price objective on shares of Mplx from $58.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Finally, Wells Fargo & Company decreased their target price on shares of Mplx from $63.00 to $61.00 and set an “overweight” rating on the stock in a research report on Thursday, May 7th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Mplx currently has a consensus rating of “Moderate Buy” and a consensus price target of $61.60.

Check Out Our Latest Stock Analysis on MPLX

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.