Marathon Petroleum (NYSE:MPC) Stock Gets Price Target Bump from Piper Sandler

Posted by Brenda Bartman on Nov 7th, 2026

Marathon Petroleum (NYSE:MPC – Get Free Report) had its price target lifted by analysts at Piper Sandler from $462.00 to $466.00 in a report released on Thursday, Benzinga reports. The firm currently has an “overweight” rating on the oil and gas company’s stock. Piper Sandler‘s target price would suggest a potential upside of 25.11% from the company’s previous close.

Several other research firms have also recently weighed in on MPC. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Jefferies Financial Group reissued a “hold” rating and set a $433.00 price target on shares of Marathon Petroleum in a research note on Sunday, October 11th. Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Morgan Stanley boosted their price objective on shares of Marathon Petroleum from $453.00 to $458.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, TD Cowen upped their price objective on Marathon Petroleum from $450.00 to $478.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and a consensus price target of $425.12.

View Our Latest Stock Report on MPC

Marathon Petroleum Price Performance

Shares of NYSE:MPC traded down $4.84 during midday trading on Thursday, reaching $372.48. The company’s stock had a trading volume of 2,478,500 shares, compared to its average volume of 2,065,560. Marathon Petroleum has a fifty-two week low of $161.93 and a fifty-two week high of $493.98. The company has a market capitalization of $108.74 billion, a P/E ratio of 12.80, a P/E/G ratio of 0.11 and a beta of 0.53. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.25 and a quick ratio of 0.89. The business’s fifty day simple moving average is $421.69 and its 200-day simple moving average is $295.35.

Marathon Petroleum (NYSE:MPC – Get Free Report) last released its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. The business had revenue of $56.03 billion during the quarter, compared to analysts’ expectations of $46.60 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The firm’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same period in the previous year, the business posted $3.01 earnings per share. As a group, equities research analysts expect that Marathon Petroleum will post 64.78 EPS for the current fiscal year.

Insider Activity at Marathon Petroleum

In other Marathon Petroleum news, insider Molly R. Benson sold 17,196 shares of Marathon Petroleum stock in a transaction 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 completion of the sale, the insider owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. The trade was a 36.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction 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 sale, the vice president owned 1,576 shares of the company’s stock, valued at $571,757.04. The trade was a 26.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 21,691 shares of company stock worth $7,780,127 over the last ninety days. Company insiders own 0.17% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Focus Financial Network Inc. lifted its stake in Marathon Petroleum by 2.0% in the third quarter. Focus Financial Network Inc. now owns 1,066 shares of the oil and gas company’s stock valued at $422,000 after buying an additional 21 shares during the period. CRA Financial Services LLC grew its position in shares of Marathon Petroleum by 1.2% during the 3rd quarter. CRA Financial Services LLC now owns 1,844 shares of the oil and gas company’s stock worth $729,000 after buying an additional 21 shares during the period. Avior Wealth Management LLC increased its stake in shares of Marathon Petroleum by 1.0% in the 3rd quarter. Avior Wealth Management LLC now owns 2,130 shares of the oil and gas company’s stock valued at $842,000 after acquiring an additional 22 shares during the last quarter. Physician Wealth Advisors Inc. increased its stake in shares of Marathon Petroleum by 7.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 316 shares of the oil and gas company’s stock valued at $125,000 after acquiring an additional 23 shares during the last quarter. Finally, Global Assets Advisory LLC raised its position in shares of Marathon Petroleum by 1.6% in the 3rd quarter. Global Assets Advisory LLC now owns 1,442 shares of the oil and gas company’s stock valued at $630,000 after acquiring an additional 23 shares during the period. 76.77% of the stock is currently owned by institutional investors.

More Marathon Petroleum News

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

Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Marathon Petroleum Company Profile

(Get Free Report)

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.