Marathon Petroleum Corporation $MPC Holdings Raised by Illinois Municipal Retirement Fund

Posted by Brenda Bartman on Nov 11th, 2026

Illinois Municipal Retirement Fund lifted its position in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 4.9% during the 3rd quarter, Holdings Channel reports. The firm owned 67,579 shares of the oil and gas company’s stock after acquiring an additional 3,152 shares during the period. Illinois Municipal Retirement Fund’s holdings in Marathon Petroleum were worth $26,722,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in MPC. BlackRock Inc. purchased a new position in shares of Marathon Petroleum in the second quarter valued at about $6,648,958,000. Bank of New York Mellon Corp purchased a new stake in shares of Marathon Petroleum during the second quarter worth about $1,029,611,000. Bank of America Corp DE boosted its holdings in shares of Marathon Petroleum by 1.6% during the first quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company’s stock worth $633,668,000 after purchasing an additional 40,124 shares during the period. Amundi grew its stake in shares of Marathon Petroleum by 17.5% in the second quarter. Amundi now owns 2,237,930 shares of the oil and gas company’s stock worth $572,172,000 after purchasing an additional 332,551 shares during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its stake in shares of Marathon Petroleum by 16.7% in the second quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,508,489 shares of the oil and gas company’s stock worth $385,675,000 after purchasing an additional 215,686 shares during the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.

Marathon Petroleum Stock Performance

Marathon Petroleum stock opened at $389.90 on Wednesday. Marathon Petroleum Corporation has a fifty-two week low of $161.93 and a fifty-two week high of $493.98. The stock’s 50 day simple moving average is $422.42 and its two-hundred day simple moving average is $297.48. The company has a debt-to-equity ratio of 1.10, a quick ratio of 1.09 and a current ratio of 1.45. The stock has a market cap of $106.16 billion, a price-to-earnings ratio of 13.40, a PEG ratio of 0.10 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC – Get Free Report) last released its earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 EPS for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. The company 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 55.82% and a net margin of 8.27%. The firm’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same quarter last year, the business posted $3.01 EPS. As a group, analysts expect that Marathon Petroleum Corporation will post 66.31 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $1.00 per share. The ex-dividend date is Wednesday, November 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.0%. Marathon Petroleum’s dividend payout ratio (DPR) is presently 13.75%.

Wall Street Analyst Weigh In

A number of research firms have commented on MPC. Wells Fargo & Company upped their price target on Marathon Petroleum from $560.00 to $564.00 and gave the company an “overweight” rating in a research report on Wednesday, November 4th. The Goldman Sachs Group lifted their price objective on Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Raymond James Financial boosted their target price on Marathon Petroleum from $350.00 to $445.00 and gave the company an “outperform” rating in a research note on Monday, September 14th. Barclays upped their target price on Marathon Petroleum from $321.00 to $488.00 and gave the company an “overweight” rating in a report on Monday, October 12th. Finally, Citigroup raised their price target on Marathon Petroleum from $318.00 to $518.00 and gave the stock a “neutral” rating in a research note on Tuesday, October 13th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $425.12.

Read Our Latest Analysis on Marathon Petroleum

Insider Activity

In other Marathon Petroleum news, insider Molly Benson sold 17,196 shares of the firm’s stock in a transaction dated 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 directly owned 30,334 shares in the company, valued at approximately $10,876,862.38. This trade represents a 36.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, SVP Shawn Lyon sold 2,500 shares of the business’s stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $350.00, for a total transaction of $875,000.00. Following the completion of the transaction, the senior vice president owned 12,619 shares of the company’s stock, valued at approximately $4,416,650. The trade was a 16.54% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold 21,691 shares of company stock worth $7,780,127 over the last three months. 0.17% of the stock is currently owned by corporate insiders.

About Marathon Petroleum

(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.