Marathon Petroleum Corporation $MPC Shares Sold by Crossmark Global Holdings Inc.

Crossmark Global Holdings Inc. cut its stake in shares of Marathon Petroleum Corporation (NYSE:MPC) by 12.3% during the 3rd quarter, Holdings Channel.com reports. The fund owned 67,895 shares of the oil and gas company’s stock after selling 9,509 shares during the period. Crossmark Global Holdings Inc.’s holdings in Marathon Petroleum were worth $26,847,000 as of its most recent SEC filing.

Other hedge funds have also recently bought and sold shares of the company. Focus Financial Network Inc. grew its stake in shares of Marathon Petroleum by 2.0% in the 3rd quarter. Focus Financial Network Inc. now owns 1,066 shares of the oil and gas company’s stock worth $422,000 after acquiring an additional 21 shares in the last quarter. CRA Financial Services LLC raised its holdings in shares of Marathon Petroleum by 1.2% in the third quarter. CRA Financial Services LLC now owns 1,844 shares of the oil and gas company’s stock valued at $729,000 after purchasing an additional 21 shares during the last quarter. Avior Wealth Management LLC lifted its position in shares of Marathon Petroleum by 1.0% during the third quarter. Avior Wealth Management LLC now owns 2,130 shares of the oil and gas company’s stock valued at $842,000 after purchasing an additional 22 shares in the last quarter. Physician Wealth Advisors Inc. lifted its position in shares of Marathon Petroleum by 7.8% during the third quarter. Physician Wealth Advisors Inc. now owns 316 shares of the oil and gas company’s stock valued at $125,000 after purchasing an additional 23 shares in the last quarter. Finally, LexAurum Advisors LLC boosted its holdings in Marathon Petroleum by 2.6% during the third quarter. LexAurum Advisors LLC now owns 930 shares of the oil and gas company’s stock worth $368,000 after purchasing an additional 24 shares during the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

MPC has been the subject of a number of recent analyst reports. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Piper Sandler increased their price objective on shares of Marathon Petroleum from $344.00 to $462.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. UBS Group set a $510.00 target price on shares of Marathon Petroleum in a research report on Friday, October 9th. Barclays boosted their target price on Marathon Petroleum from $321.00 to $488.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Finally, TD Cowen upped their target price on Marathon Petroleum from $357.00 to $375.00 and gave the company a “buy” rating in a report on Wednesday, August 5th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the stock. According to MarketBeat, Marathon Petroleum currently has a consensus rating of “Moderate Buy” and an average target price of $417.88.

Marathon Petroleum Price Performance

Marathon Petroleum stock opened at $469.02 on Thursday. The business’s 50 day simple moving average is $405.97 and its 200 day simple moving average is $314.27. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $493.98. The company has a market cap of $136.92 billion, a price-to-earnings ratio of 16.12, a PEG ratio of 0.14 and a beta of 0.54. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19.

Marathon Petroleum (NYSE:MPC) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. The business had revenue of $51.99 billion during the quarter, compared to the consensus estimate of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The business’s revenue for the quarter was up 53.5% on a year-over-year basis. During the same period last year, the business posted $3.96 earnings per share. Sell-side analysts forecast that Marathon Petroleum Corporation will post 64.00 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were paid a dividend of $1.00 per share. The ex-dividend date was Wednesday, August 19th. This represents a $4.00 annualized dividend and a dividend yield of 0.9%. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Strong refining margins support earnings: Higher fuel margins are improving profitability across U.S. refiners, including MPC. The favorable industry backdrop could sustain cash flow and shareholder returns if margins remain elevated. U.S. Refiners Benefit From Strong Margins: Will Momentum Last?
• Positive Sentiment: Positive long-term performance and momentum: MPC has substantially outperformed the broader market and major technology stocks in 2026, attracting investor attention and reinforcing the bullish momentum case. An Oil Refiner Is Beating Nvidia This Year
• Neutral Sentiment: Supplier recognition highlights operational relationships: Cognite was named MPC’s Corporate Supplier of the Year, recognizing its contribution to the company’s business. The award is positive for the relationship but is unlikely to materially affect MPC’s earnings or valuation. Cognite Earns Corporate Supplier of the Year Award from Marathon Petroleum Corporation
• Negative Sentiment: Profit-taking and valuation concerns: After establishing a new one-year high and advancing sharply, MPC faces a higher risk of profit-taking. Analysts have also questioned the stock’s limited margin of safety and whether profitability has reached a ceiling. Marathon Petroleum: Good Momentum Stocks, But Little Margin Of Safety
• Negative Sentiment: Middle East risks could pressure margins: Higher crude prices linked to regional tensions may benefit upstream producers but can raise refiners’ input costs. Investors are weighing whether the conflict-driven boost to energy prices and refining economics can last. Marathon Petroleum Profitability Seems To Have A Ceiling With The Mature Conflict In The Middle East

Insider Buying and Selling

In related news, SVP Shawn M. Lyon sold 1,000 shares of the business’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $375.75, for a total value of $375,750.00. Following the sale, the senior vice president directly owned 11,194 shares in the company, valued at approximately $4,206,145.50. The trade was a 8.20% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, insider Molly R. Benson sold 17,196 shares of the company’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 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 ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 21,691 shares of company stock valued at $7,780,127. 0.17% of the stock is owned by insiders.

Marathon Petroleum Profile

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.