Sumitomo Mitsui Trust Group Inc. Has $157.21 Million Holdings in Marathon Petroleum Corporation $MPC

Sumitomo Mitsui Trust Group Inc. cut its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC) by 6.2% during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 643,815 shares of the oil and gas company’s stock after selling 42,691 shares during the quarter. Sumitomo Mitsui Trust Group Inc.’s holdings in Marathon Petroleum were worth $157,207,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in MPC. State Street Corp grew its position in Marathon Petroleum by 0.3% during the fourth quarter. State Street Corp now owns 17,934,327 shares of the oil and gas company’s stock worth $2,916,660,000 after buying an additional 47,896 shares in the last quarter. Boston Partners raised its holdings in Marathon Petroleum by 2.3% in the 3rd quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company’s stock valued at $1,214,522,000 after acquiring an additional 141,691 shares in the last quarter. Norges Bank bought a new stake in shares of Marathon Petroleum during the 4th quarter valued at $472,312,000. Charles Schwab Investment Management Inc. grew its holdings in shares of Marathon Petroleum by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,818,361 shares of the oil and gas company’s stock worth $458,350,000 after purchasing an additional 11,693 shares in the last quarter. Finally, Invesco Ltd. increased its position in shares of Marathon Petroleum by 2.7% in the fourth quarter. Invesco Ltd. now owns 2,600,191 shares of the oil and gas company’s stock worth $422,869,000 after purchasing an additional 67,600 shares during the period. 76.77% of the stock is currently owned by institutional investors and hedge funds.

More Marathon Petroleum News

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

• Positive Sentiment: Refining stocks have been strong as geopolitical tensions helped push oil prices higher while U.S. gasoline inventories fell and refinery utilization slipped, a combination that can improve margins for Marathon Petroleum’s refining business. Marathon Petroleum Rallies as Refining Stocks Jump With Oil Volatility and Tight Fuel Inventories
• Positive Sentiment: Marathon Petroleum was added to multiple Russell Growth indexes, which could increase institutional ownership and passive fund demand for the stock. Marathon Petroleum (MPC) Joins Russell Growth Indices: What Does This Mean for Its Investment Narrative?
• Positive Sentiment: Brokerages now rate MPC an average of “Moderate Buy,” reinforcing a constructive view on the company’s earnings and valuation. Marathon Petroleum Corporation (NYSE:MPC) Receives Average Rating of “Moderate Buy” from Brokerages
• Neutral Sentiment: One commentary piece says MPC faces a “value test,” suggesting the stock’s recent run has raised questions about whether upside is already priced in. Marathon Petroleum (NYSE:MPC) Faces Value Test
• Neutral Sentiment: Broader market trading was mixed, so some of MPC’s move may reflect sector rotation rather than company-specific news. Stock Market News for July 9, 2026
• Negative Sentiment: Recent coverage also highlights insider and congressional selling, which may temper enthusiasm even though these transactions are relatively small versus the company’s market value.

Insider Activity at Marathon Petroleum

In related news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the sale, the vice president owned 16,900 shares of the company’s stock, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.17% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently commented on MPC shares. The Goldman Sachs Group boosted their price target on Marathon Petroleum from $264.00 to $291.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. JPMorgan Chase & Co. raised their target price on shares of Marathon Petroleum from $235.00 to $257.00 in a report on Wednesday, May 6th. Weiss Ratings raised shares of Marathon Petroleum from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday. Raymond James Financial increased their price target on shares of Marathon Petroleum from $285.00 to $300.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 10th. Finally, Scotiabank lifted their price objective on shares of Marathon Petroleum from $174.00 to $210.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $272.62.

Marathon Petroleum Trading Up 1.0%

MPC opened at $283.46 on Friday. The company has a market cap of $82.75 billion, a P/E ratio of 18.50, a PEG ratio of 0.41 and a beta of 0.52. The company has a current ratio of 1.18, a quick ratio of 0.73 and a debt-to-equity ratio of 1.31. The company’s 50 day moving average is $255.98 and its 200-day moving average is $222.07. Marathon Petroleum Corporation has a 1-year low of $158.00 and a 1-year high of $283.68.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.91. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The business had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. During the same period in the prior year, the company earned ($0.24) EPS. The firm’s quarterly revenue was up 8.5% compared to the same quarter last year. Equities research analysts predict that Marathon Petroleum Corporation will post 32.96 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were issued a dividend of $1.00 per share. The ex-dividend date was Wednesday, May 20th. This represents a $4.00 annualized dividend and a dividend yield of 1.4%. Marathon Petroleum’s dividend payout ratio is 26.11%.

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.