Legal & General Group Plc Has $358.69 Million Position in Marathon Petroleum Corporation $MPC

Legal & General Group Plc boosted its holdings in Marathon Petroleum Corporation (NYSE:MPC) by 2.0% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 1,861,020 shares of the oil and gas company’s stock after acquiring an additional 35,847 shares during the period. Legal & General Group Plc’s holdings in Marathon Petroleum were worth $358,693,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Brighton Jones LLC raised its position in shares of Marathon Petroleum by 30.9% in the fourth quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock valued at $696,000 after purchasing an additional 1,178 shares during the period. Woodline Partners LP boosted its holdings in shares of Marathon Petroleum by 38.3% during the 1st quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock worth $3,889,000 after buying an additional 7,396 shares during the period. Sivia Capital Partners LLC boosted its holdings in shares of Marathon Petroleum by 26.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock worth $369,000 after buying an additional 466 shares during the period. Prospera Financial Services Inc grew its stake in Marathon Petroleum by 6.8% in the 2nd quarter. Prospera Financial Services Inc now owns 8,550 shares of the oil and gas company’s stock valued at $1,421,000 after buying an additional 542 shares during the last quarter. Finally, Connor Clark & Lunn Investment Management Ltd. raised its holdings in Marathon Petroleum by 291.8% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 36,693 shares of the oil and gas company’s stock valued at $6,095,000 after acquiring an additional 27,328 shares during the period. 76.77% of the stock is owned by institutional investors.

Marathon Petroleum Stock Performance

Shares of NYSE:MPC opened at $226.72 on Thursday. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $228.55. The company’s 50 day moving average price is $190.54 and its two-hundred day moving average price is $187.47. The firm has a market cap of $66.82 billion, a PE ratio of 16.98, a PEG ratio of 1.28 and a beta of 0.69. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 1.27.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. The company had revenue of $32.57 billion during the quarter, compared to the consensus estimate of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. The firm’s quarterly revenue was down .1% on a year-over-year basis. During the same period in the previous year, the business earned $0.77 earnings per share. Equities research analysts predict that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were issued a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.8%. Marathon Petroleum’s payout ratio is currently 29.96%.

Analysts Set New Price Targets

Several brokerages have issued reports on MPC. Jefferies Financial Group cut their price objective on shares of Marathon Petroleum from $216.00 to $205.00 and set a “buy” rating for the company in a research report on Monday, January 26th. Piper Sandler lowered their target price on Marathon Petroleum from $231.00 to $184.00 and set a “neutral” rating on the stock in a research note on Thursday, January 8th. UBS Group reissued a “buy” rating and set a $221.00 price target on shares of Marathon Petroleum in a report on Friday, February 6th. Barclays reduced their price target on Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating for the company in a research note on Tuesday, January 13th. Finally, Citigroup increased their price objective on Marathon Petroleum from $182.00 to $210.00 and gave the stock a “neutral” rating in a research report on Monday, February 9th. Eleven analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and a consensus price target of $202.50.

Marathon Petroleum News Summary

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

• Positive Sentiment: IEA announces coordinated 400M-barrel release — the added crude supply should ease upstream price pressure and, if product prices remain firm, improve refiners’ margins (feedstock costs down, potential for stronger crack spreads). Marathon Petroleum Surges After IEA Plans 400M-Barrel Release
• Positive Sentiment: Sector-wide rally in refiners/energy after Middle East supply disruptions — investors are rotating into names like MPC on expectations of tighter product markets and stronger crack spreads; MPC’s recent operational update and history of strong cash generation make it a preferred play. Marathon Petroleum jumps as energy and refining names rally amid oil-market shock
• Positive Sentiment: Fund flows and analyst momentum favor refiners — institutional money is moving into U.S. refiners and momentum screens highlight MPC’s multi-week outperformance, which can attract incremental inflows. Refiners Are Quiet Winners in 2026: Wall Street’s Signals Are Hard to Ignore
• Neutral Sentiment: Macro/regulatory narrative — coverage highlighting new U.S. refinery openings and broader domestic refining capacity (and bullish narratives favoring big integrated refiners like MPC) provides positive investor framing but is more thematic than immediate catalyst. Trump Hails First New U.S. Refinery in 50 Years — Why Smart Investors Are Choosing Marathon Petroleum Instead
• Positive Sentiment: Company fundamentals support the move — MPC’s recent quarterly beat, strong refining performance and guidance around utilization/capex bolster expectations for continued cash generation and capital returns (underpins investor confidence).
• Negative Sentiment: Geopolitical risk remains elevated (Iran leadership change, ongoing U.S.-Iran tensions) and rising U.S. pump prices signal market tightness — that volatility can swing crude and product prices quickly, introducing downside risk to refining margins if crude spikes faster than product prices. Five things to know about Iran’s new supreme leader, Mojtaba Khamenei Gas prices pass $3.50 per gallon to highest level since 2024 amid U.S.-Iran war

Marathon Petroleum Company 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.