Howard Financial Services LTD. Buys 10,890 Shares of Mplx Lp $MPLX

Howard Financial Services LTD. raised its stake in shares of Mplx Lp (NYSE:MPLX) by 32.2% in the 4th quarter, according to its most recent disclosure with the SEC. The firm owned 44,734 shares of the pipeline company’s stock after purchasing an additional 10,890 shares during the period. Howard Financial Services LTD.’s holdings in Mplx were worth $2,387,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. CIBC Bancorp USA Inc. bought a new position in shares of Mplx in the third quarter worth about $134,319,000. Bank of America Corp DE grew its stake in shares of Mplx by 8.3% during the 2nd quarter. Bank of America Corp DE now owns 9,873,619 shares of the pipeline company’s stock valued at $508,590,000 after acquiring an additional 757,569 shares during the period. Natixis grew its stake in shares of Mplx by 1,585.3% during the 2nd quarter. Natixis now owns 403,758 shares of the pipeline company’s stock valued at $20,798,000 after acquiring an additional 379,800 shares during the period. Merewether Investment Management LP purchased a new stake in Mplx in the 2nd quarter worth approximately $16,988,000. Finally, Alps Advisors Inc. increased its holdings in Mplx by 1.2% in the 3rd quarter. Alps Advisors Inc. now owns 26,409,654 shares of the pipeline company’s stock worth $1,319,162,000 after acquiring an additional 325,451 shares in the last quarter. Hedge funds and other institutional investors own 24.25% of the company’s stock.

Key Headlines Impacting Mplx

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Truist initiated/upped coverage on MPLX and set a $67 price target (buy/strong-buy), implying meaningful upside vs. the current level — this can attract buyer interest and support the rally. Truist Coverage/Price Target
• Positive Sentiment: MPLX was highlighted as a high-yield defensive energy infrastructure name in a MarketBeat feature (7.4%+ yield cited). Positive press and yield-focused stories can draw income-seeking investors into the shares. MarketBeat High-Yield Feature
• Neutral Sentiment: MPLX scheduled its Q1 2026 results release and conference call for May 5, 2026 — an event date that will likely drive short-term volatility and reprice estimates once results and guidance are released. Q1 Results Announcement
• Neutral Sentiment: Recent coverage noted the stock has traded up but has lagged broader moves at times — useful context for traders but not a direct catalyst. Yahoo Market Note
• Negative Sentiment: US Capital Advisors lowered near-term and full-year EPS forecasts: FY2026 cut to $4.05 from $4.17 and Q1–Q4 2026 quarterlies trimmed (Q1 2026 to $0.99). They also trimmed FY2027 estimates. Analyst downgrades to estimates are a headwind — they reduce beat expectations and can pressure the stock if other firms follow. US Capital Advisors Estimate Revisions

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the stock. JPMorgan Chase & Co. lifted their price target on shares of Mplx from $58.00 to $60.00 and gave the company a “neutral” rating in a report on Tuesday, March 10th. Truist Financial initiated coverage on shares of Mplx in a research note on Tuesday. They issued a “buy” rating and a $67.00 price objective for the company. UBS Group raised their price objective on shares of Mplx from $64.00 to $73.00 and gave the company a “buy” rating in a research report on Monday, March 16th. Citigroup lifted their target price on shares of Mplx from $54.00 to $55.00 and gave the company a “neutral” rating in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus upped their target price on shares of Mplx from $57.00 to $59.00 and gave the stock a “buy” rating in a report on Wednesday, March 4th. Two equities research analysts have rated the stock with a Strong Buy rating, five have issued a Buy rating and five have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $61.56.

Mplx Trading Up 0.9%

Shares of MPLX stock opened at $59.19 on Wednesday. The company has a current ratio of 1.23, a quick ratio of 1.18 and a debt-to-equity ratio of 1.66. The stock has a market capitalization of $60.08 billion, a price-to-earnings ratio of 12.28, a price-to-earnings-growth ratio of 5.35 and a beta of 0.56. Mplx Lp has a 12-month low of $44.60 and a 12-month high of $59.98. The stock’s 50-day moving average price is $57.12 and its 200-day moving average price is $53.80.

Mplx (NYSE:MPLX) last announced its quarterly earnings results on Tuesday, February 3rd. The pipeline company reported $1.17 EPS for the quarter, beating analysts’ consensus estimates of $1.10 by $0.07. The company had revenue of $5.99 billion during the quarter, compared to analyst estimates of $3.23 billion. Mplx had a return on equity of 34.37% and a net margin of 37.79%.The firm’s revenue was up 6.2% on a year-over-year basis. During the same period in the prior year, the company earned $1.07 earnings per share. Equities research analysts predict that Mplx Lp will post 4.41 EPS for the current fiscal year.

Mplx Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Stockholders of record on Monday, February 9th were given a dividend of $1.0765 per share. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.3%. The ex-dividend date was Monday, February 9th. Mplx’s dividend payout ratio is currently 89.42%.

Mplx Company Profile

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.