Gabelli Funds LLC Lowers Stock Position in Marathon Petroleum Corporation $MPC

Posted by Francis Steltz on Jul 25th, 2026

Gabelli Funds LLC decreased its position in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 6.9% during the first quarter, Holdings Channel reports. The firm owned 215,000 shares of the oil and gas company’s stock after selling 15,900 shares during the quarter. Gabelli Funds LLC’s holdings in Marathon Petroleum were worth $52,499,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in MPC. Navalign LLC purchased a new position in Marathon Petroleum during the 4th quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC purchased a new stake in Marathon Petroleum during the fourth quarter worth about $31,000. Berbice Capital Management LLC lifted its position in shares of Marathon Petroleum by 100.0% during the fourth quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock worth $33,000 after purchasing an additional 100 shares in the last quarter. WFA of San Diego LLC acquired a new stake in shares of Marathon Petroleum during the second quarter worth about $33,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Marathon Petroleum in the fourth quarter valued at approximately $34,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Marathon Petroleum Stock Performance

NYSE MPC opened at $309.14 on Friday. The company has a fifty day moving average of $268.66 and a two-hundred day moving average of $232.62. The company has a market capitalization of $90.25 billion, a PE ratio of 20.18, a P/E/G ratio of 0.21 and a beta of 0.52. Marathon Petroleum Corporation has a 1 year low of $158.00 and a 1 year high of $326.92. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73.

Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.74 by $0.91. The firm had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The business’s revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.24) EPS. As a group, analysts expect that Marathon Petroleum Corporation will post 40.64 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s payout ratio is 26.11%.

Analyst Ratings Changes

Several brokerages have recently issued reports on MPC. Jefferies Financial Group set a $335.00 price objective on Marathon Petroleum and gave the company a “buy” rating in a research note on Sunday, July 12th. Piper Sandler reissued an “overweight” rating and set a $343.00 price objective on shares of Marathon Petroleum in a research report on Thursday. The Goldman Sachs Group upped their target price on shares of Marathon Petroleum from $291.00 to $376.00 and gave the stock a “buy” rating in a research note on Wednesday. Citigroup raised their target price on shares of Marathon Petroleum from $257.00 to $303.00 and gave the company a “neutral” rating in a report on Tuesday, July 14th. Finally, JPMorgan Chase & Co. lifted their price target on shares of Marathon Petroleum from $235.00 to $257.00 in a research note on Wednesday, May 6th. Eleven equities research analysts have rated the stock with a Buy rating and seven have assigned a Hold rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $298.69.

Check Out Our Latest Analysis on Marathon Petroleum

Insider Buying and Selling

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of the stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the completion of the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at approximately $4,543,058. This trade represents a 27.27% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.17% of the stock is currently owned by corporate insiders.

Marathon Petroleum Profile

(Free Report)

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.