Marathon Petroleum Corporation $MPC Shares Sold by Wellington Management Group LLP

Posted by Brenda Bartman on Aug 30th, 2026

Wellington Management Group LLP trimmed its position in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 42.3% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 3,252,153 shares of the oil and gas company’s stock after selling 2,385,034 shares during the quarter. Wellington Management Group LLP’s holdings in Marathon Petroleum were worth $831,478,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Energy Income Partners LLC purchased a new position in shares of Marathon Petroleum during the second quarter worth about $4,912,000. Evolve Private Wealth LLC purchased a new stake in Marathon Petroleum during the 2nd quarter valued at approximately $673,000. Pictet Asset Management Holding SA grew its stake in shares of Marathon Petroleum by 31.0% in the 1st quarter. Pictet Asset Management Holding SA now owns 213,545 shares of the oil and gas company’s stock valued at $52,146,000 after purchasing an additional 50,521 shares during the last quarter. Teachers Retirement System of The State of Kentucky increased its holdings in shares of Marathon Petroleum by 570.7% in the first quarter. Teachers Retirement System of The State of Kentucky now owns 168,644 shares of the oil and gas company’s stock valued at $41,180,000 after purchasing an additional 143,500 shares during the period. Finally, North Dakota State Investment Board purchased a new stake in shares of Marathon Petroleum during the fourth quarter worth approximately $1,714,000. Institutional investors and hedge funds own 76.77% of the company’s stock.

Insiders Place Their Bets

In related news, insider Molly R. Benson sold 17,196 shares of the company’s stock in a transaction on Monday, August 17th. The stock was sold at an average price of $358.57, for a total value of $6,165,969.72. Following the completion of the transaction, the insider directly owned 30,334 shares in the company, valued at approximately $10,876,862.38. This represents a 36.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, SVP Shawn M. Lyon sold 2,500 shares of the stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $350.00, for a total value of $875,000.00. Following the transaction, the senior vice president owned 12,619 shares in the company, valued at $4,416,650. This trade represents a 16.54% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 26,032 shares of company stock valued at $8,744,213. Company insiders own 0.17% of the company’s stock.

Marathon Petroleum Price Performance

Shares of NYSE MPC opened at $369.00 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The company’s 50-day moving average price is $308.87 and its 200 day moving average price is $260.20. Marathon Petroleum Corporation has a 52 week low of $161.93 and a 52 week high of $369.12. The stock has a market cap of $107.73 billion, a price-to-earnings ratio of 12.68, a PEG ratio of 0.24 and a beta of 0.52.

Marathon Petroleum (NYSE:MPC – Get Free Report) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $14.27 by $3.46. The firm had revenue of $51.99 billion for the quarter, compared to analyst estimates of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.Marathon Petroleum’s revenue was up 53.5% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.96 EPS. As a group, research analysts forecast that Marathon Petroleum Corporation will post 46.66 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.1%. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

Analyst Ratings Changes

Several brokerages have issued reports on MPC. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research note on Wednesday, August 5th. Piper Sandler lifted their target price on shares of Marathon Petroleum from $343.00 to $344.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. UBS Group reissued a “buy” rating and set a $321.00 price target on shares of Marathon Petroleum in a report on Friday, July 10th. Weiss Ratings raised Marathon Petroleum from a “hold (c+)” rating to a “buy (b)” rating in a report on Wednesday, August 5th. Finally, Mizuho increased their target price on Marathon Petroleum from $284.00 to $304.00 and gave the stock a “neutral” rating in a research note on Tuesday, August 11th. Twelve investment analysts have rated the stock with a Buy rating and six have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $312.50.

View Our Latest Analysis on Marathon Petroleum

Marathon Petroleum Company 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.