Marathon Petroleum Corporation $MPC Shares Purchased by Rakuten Investment Management Inc.

Posted by Francis Steltz on Nov 5th, 2026

Rakuten Investment Management Inc. boosted its holdings in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 6.7% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 51,128 shares of the oil and gas company’s stock after buying an additional 3,231 shares during the period. Rakuten Investment Management Inc.’s holdings in Marathon Petroleum were worth $20,044,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of the business. Provenance Wealth Advisors LLC increased its holdings in shares of Marathon Petroleum by 8,216.3% during the 3rd quarter. Provenance Wealth Advisors LLC now owns 4,075 shares of the oil and gas company’s stock worth $1,611,000 after purchasing an additional 4,026 shares during the period. Associated Banc Corp bought a new stake in shares of Marathon Petroleum during the third quarter valued at approximately $1,391,000. Integrity Alliance LLC. raised its stake in shares of Marathon Petroleum by 336.1% in the third quarter. Integrity Alliance LLC. now owns 6,943 shares of the oil and gas company’s stock valued at $2,745,000 after purchasing an additional 5,351 shares in the last quarter. First Nebraska Trust Co acquired a new position in shares of Marathon Petroleum in the third quarter valued at $6,884,000. Finally, Aware Super Pty Ltd as trustee of Aware Super acquired a new position in shares of Marathon Petroleum in the 3rd quarter valued at $6,087,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Marathon Petroleum

Here are the key news stories impacting Marathon Petroleum this week:

Positive Sentiment: Third-quarter adjusted EPS rose to $26.93 from $3.01 a year earlier, beating estimates. Adjusted EBITDA was $11.7 billion, supported by strong refining margins and record refinery utilization. Article: Marathon Petroleum Q3 Earnings and Revenues Surpass Estimates
Positive Sentiment: MPC raised its quarterly dividend 10% and approved a $5 billion buyback, signaling confidence in cash generation and increasing potential shareholder returns. Article: Marathon Petroleum Raises Dividend 10% and Approves $5 Billion Buyback
Neutral Sentiment: MPC agreed to sell its St. Paul Park and Mandan refineries and related businesses to CVR Energy in a roughly $4.2 billion transaction. The company plans to focus investment primarily on Gulf Coast growth; the deal provides substantial proceeds but also reduces its Midwest refining footprint. Article: Marathon Petroleum Agrees $4.2 Billion Refinery Deal To Refocus Its Footprint
Negative Sentiment: The earnings surge was fueled by exceptional refining margins and favorable fuel spreads. If those conditions ease, profits could retreat, tempering enthusiasm for a quarter that was exceptionally strong. Article: Marathon Petroleum Refining Margin Jumps 160%
Negative Sentiment: Reports highlighted a sharp single-session selloff, indicating investors were not reassured by the earnings beat and may be weighing profit-taking or the sustainability of peak refining conditions. Article: Marathon Petroleum Drops 7% in a Single Session, Erasing $8 Billion

Marathon Petroleum Stock Down 8.2%

NYSE MPC opened at $392.09 on Thursday. The stock has a market capitalization of $114.47 billion, a P/E ratio of 13.48, a price-to-earnings-growth ratio of 0.11 and a beta of 0.53. Marathon Petroleum Corporation has a 52 week low of $161.93 and a 52 week high of $493.98. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 1.25. The stock has a fifty day moving average of $421.22 and a 200-day moving average of $293.35.

Marathon Petroleum (NYSE:MPC – Get Free Report) last posted its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $25.37 by $1.56. Marathon Petroleum had a return on equity of 58.93% and a net margin of 8.27%. The business had revenue of $56.03 billion for the quarter, compared to analysts’ expectations of $46.60 billion. During the same quarter last year, the business earned $3.01 earnings per share. The firm’s quarterly revenue was up 57.6% compared to the same quarter last year. On average, equities research analysts forecast that Marathon Petroleum Corporation will post 64.12 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio is currently 13.75%.

Insider Activity

In related news, VP Erin M. Brzezinski sold 570 shares of Marathon Petroleum stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total transaction of $206,790.30. Following the transaction, the vice president owned 1,576 shares of the company’s stock, valued at $571,757.04. This trade represents a 26.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Molly Benson sold 17,196 shares of the business’s stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the transaction, the insider owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. This represents a 36.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 21,691 shares of company stock valued at $7,780,127 in the last ninety days. 0.17% of the stock is owned by insiders.

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on MPC shares. Raymond James Financial lifted their target price on shares of Marathon Petroleum from $350.00 to $445.00 and gave the company an “outperform” rating in a research report on Monday, September 14th. Barclays upped their price target on Marathon Petroleum from $321.00 to $488.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Wells Fargo & Company increased their price objective on Marathon Petroleum from $560.00 to $564.00 and gave the stock an “overweight” rating in a research note on Wednesday. Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research note on Friday, September 4th. Finally, Morgan Stanley boosted their target price on Marathon Petroleum from $453.00 to $458.00 and gave the stock an “overweight” rating in a report on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have issued a Hold rating to the stock. According to data from MarketBeat, Marathon Petroleum presently has an average rating of “Moderate Buy” and an average price target of $424.88.

View Our Latest Research Report on MPC

Marathon Petroleum Company Profile

(Free Report)

Marathon Petroleum Corporation (NYSE:MPC) is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum’s refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.