Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on October 29th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on October 15th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/15/2026.
- Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 10/15/2026.
- Sold $1,001 – $15,000 in shares of Visa (NYSE:V) on 10/15/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/15/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 10/15/2026.
- Sold $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 10/12/2026.
- Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 10/9/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 10/9/2026.
- Purchased $1,001 – $15,000 in shares of AT&T (NYSE:T) on 10/9/2026.
- Sold $1,001 – $15,000 in shares of Marathon Petroleum (NYSE:MPC) on 9/22/2026.
Marathon Petroleum Trading Up 2.9%
NYSE MPC opened at $444.92 on Friday. The business’s 50-day moving average price is $417.80 and its two-hundred day moving average price is $289.77. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $493.98. The firm has a market capitalization of $129.89 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 0.11 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 – Get Free Report) last issued its quarterly earnings data 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. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The company had revenue of $51.99 billion during the quarter, compared to the consensus estimate of $40.87 billion. During the same period last year, the company earned $3.96 earnings per share. The firm’s revenue was up 53.5% compared to the same quarter last year. On average, analysts expect that Marathon Petroleum Corporation will post 64.12 EPS for the current year.
Marathon Petroleum Dividend Announcement
The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s payout ratio is 15.13%.
Hedge Funds Weigh In On Marathon Petroleum
A number of institutional investors have recently modified their holdings of the company. BlackRock Inc. purchased a new stake in Marathon Petroleum in the second quarter worth about $6,648,958,000. Bank of New York Mellon Corp bought a new position in shares of Marathon Petroleum in the 2nd quarter worth approximately $1,029,611,000. Bank of America Corp DE bought a new position in shares of Marathon Petroleum in the 2nd quarter worth approximately $621,832,000. Legal & General Group Plc purchased a new position in shares of Marathon Petroleum in the 2nd quarter valued at approximately $380,745,000. Finally, Deutsche Bank AG purchased a new position in shares of Marathon Petroleum in the 2nd quarter valued at approximately $280,761,000. 76.77% of the stock is owned by institutional investors and hedge funds.
Key Stories Impacting Marathon Petroleum
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: Dividend raised 10%: Marathon Petroleum increased its quarterly dividend from $1.00 to $1.10 per share, payable December 10 to shareholders of record November 18. The increase signals confidence in cash generation and strengthens the stock’s shareholder-return appeal. Marathon Petroleum Corp. Increases Quarterly Dividend
- Positive Sentiment: Positive pre-earnings expectations: Analysts and financial commentary describe MPC as a potentially attractive value and momentum stock ahead of its November 3 results. Investors are watching whether refining profitability, revenue and other operating metrics can exceed elevated expectations. This Is Why MPC Stock Is a Smart Buy Before Q3 Earnings Release
- Positive Sentiment: Strong momentum and valuation support: Zacks identifies MPC as a strong momentum stock, while other coverage highlights its growth potential and comparatively attractive PEG-based valuation. These signals may be encouraging additional buying interest. Here’s Why Marathon Petroleum Is a Strong Momentum Stock
- Neutral Sentiment: Board appointment: David E. Constable will join MPC’s board effective March 1, 2027. The appointment could add strategic or governance expertise, but its near-term earnings impact is unclear. David Constable to Join Marathon Petroleum Board
- Negative Sentiment: Profit-taking and earnings risks: ETFs were net sellers of MPC, while commentary warns that pressured refining margins and gasoline markets could disappoint after the stock’s substantial rally. Even a quarterly earnings beat may trigger selling if results or guidance fail to exceed high expectations. Marathon Petroleum’s November 3 Earnings Red Flags
Analysts Set New Price Targets
Several research firms have issued reports on MPC. Piper Sandler boosted their price target on shares of Marathon Petroleum from $344.00 to $462.00 and gave the stock an “overweight” rating in a research report on Thursday, September 3rd. TD Cowen upped their price objective on shares of Marathon Petroleum from $450.00 to $478.00 and gave the company a “buy” rating in a research note on Thursday, October 22nd. Mizuho increased their price objective on shares of Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a research report on Thursday, October 8th. Bank of America lifted their target price on shares of Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a research note on Friday, October 2nd. Finally, Wells Fargo & Company boosted their target price on shares of Marathon Petroleum from $400.00 to $560.00 and gave the company an “overweight” rating in a report on Wednesday, October 14th. One equities 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 company presently has a consensus rating of “Moderate Buy” and an average target price of $424.31.
Check Out Our Latest Stock Report on MPC
Insider Activity at Marathon Petroleum
In related news, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $362.79, for a total value of $206,790.30. Following the sale, the vice president directly owned 1,576 shares of the company’s stock, valued at $571,757.04. This represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Shawn Lyon sold 1,000 shares of the firm’s stock in a transaction on Monday, August 31st. The shares were sold at an average price of $375.75, for a total value of $375,750.00. Following the transaction, the senior vice president directly owned 11,194 shares of the company’s stock, valued at $4,206,145.50. This represents a 8.20% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 21,691 shares of company stock worth $7,780,127 over the last ninety days. 0.17% of the stock is owned by corporate insiders.
About Representative Taylor
David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.
David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.
Marathon Petroleum Company 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.
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