True North Advisors LLC purchased a new stake in Marathon Petroleum Corporation (NYSE:MPC – Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The fund purchased 2,917 shares of the oil and gas company’s stock, valued at approximately $474,000.
A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Delos Wealth Advisors LLC purchased a new position in Marathon Petroleum during the 2nd quarter valued at about $25,000. KERR FINANCIAL PLANNING Corp purchased a new stake in shares of Marathon Petroleum in the third quarter worth about $39,000. IAG Wealth Partners LLC bought a new position in shares of Marathon Petroleum in the third quarter valued at approximately $39,000. WFA of San Diego LLC purchased a new position in Marathon Petroleum during the second quarter valued at approximately $33,000. Finally, Rialto Wealth Management LLC grew its stake in Marathon Petroleum by 721.4% during the fourth quarter. Rialto Wealth Management LLC now owns 230 shares of the oil and gas company’s stock valued at $37,000 after acquiring an additional 202 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors.
Marathon Petroleum Stock Performance
NYSE MPC opened at $222.85 on Friday. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. Marathon Petroleum Corporation has a 52-week low of $117.74 and a 52-week high of $255.77. The company has a fifty day moving average of $218.24 and a 200-day moving average of $196.05. The company has a market capitalization of $65.63 billion, a P/E ratio of 16.69, a P/E/G ratio of 0.42 and a beta of 0.58.
Marathon Petroleum Announces Dividend
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 18th were issued a dividend of $1.00 per share. The ex-dividend date was Wednesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.8%. Marathon Petroleum’s dividend payout ratio is currently 29.96%.
Analyst Upgrades and Downgrades
Several research firms have issued reports on MPC. Raymond James Financial increased their target price on shares of Marathon Petroleum from $210.00 to $270.00 and gave the stock an “outperform” rating in a research note on Wednesday, March 25th. UBS Group boosted their price target on shares of Marathon Petroleum from $221.00 to $280.00 and gave the company a “buy” rating in a research report on Thursday, April 2nd. Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Tuesday. Jefferies Financial Group lowered their price objective on Marathon Petroleum from $216.00 to $205.00 and set a “buy” rating on the stock in a research report on Monday, January 26th. Finally, Scotiabank upgraded Marathon Petroleum to a “strong-buy” rating in a research report on Friday, March 27th. Two research analysts have rated the stock with a Strong Buy rating, nine have given a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and an average price target of $232.88.
Read Our Latest Stock Analysis on MPC
Key Headlines Impacting Marathon Petroleum
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: Goldman Sachs raised its price target to $264 and maintained a Buy — the largest, most bullish lift this week and a clear catalyst for upside re-rating. Article Title
- Positive Sentiment: Barclays moved its target to $230 and kept an Overweight — another institutional vote that supports further multiple expansion. Article Title
- Positive Sentiment: Zacks upgraded MPC from Hold to Strong-Buy, adding short-term positive sentiment from retail-focused research. Article Title
- Positive Sentiment: Coverage piece notes upgraded earnings views, stronger refiner margins with higher oil, and an active buyback program — a fundamental case supporting a higher forward valuation. Article Title
- Neutral Sentiment: Citigroup raised its target to $243 but kept a Neutral rating — signals upside but tempered conviction. Article Title
- Neutral Sentiment: JPMorgan and Piper Sandler both lifted targets (to $235 and $228 respectively) while keeping Neutral ratings — modestly constructive but not strong buy-side conviction. JPMorgan Article Piper Article
- Negative Sentiment: Despite the bullish analyst activity, MPC experienced a sharp intraday drop on April 8 (roughly a 5.5% decline) — a reminder of near-term volatility and possible profit-taking after the recent run-up. Article Title
Insiders Place Their Bets
In related news, insider Ricky D. Hessling sold 1,626 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $228.18, for a total transaction of $371,020.68. Following the transaction, the insider directly owned 7,525 shares in the company, valued at $1,717,054.50. This trade represents a 17.77% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In the last three months, insiders sold 4,473 shares of company stock worth $1,015,428. Corporate insiders own 0.17% of the company’s stock.
Marathon Petroleum Profile
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.
Further Reading
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