Wellington Management Group LLP Lowers Holdings in Marathon Petroleum Corporation $MPC

Wellington Management Group LLP lowered its stake in shares of Marathon Petroleum Corporation (NYSE:MPC) by 19.8% in the third quarter, HoldingsChannel reports. The fund owned 9,368,219 shares of the oil and gas company’s stock after selling 2,309,074 shares during the quarter. Wellington Management Group LLP’s holdings in Marathon Petroleum were worth $1,805,631,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of the stock. Delos Wealth Advisors LLC acquired a new position in Marathon Petroleum during the second quarter worth approximately $25,000. IAG Wealth Partners LLC acquired a new position in shares of Marathon Petroleum in the 3rd quarter valued at $39,000. WFA of San Diego LLC purchased a new stake in shares of Marathon Petroleum during the 2nd quarter valued at $33,000. Transce3nd LLC increased its holdings in shares of Marathon Petroleum by 10,250.0% during the 2nd quarter. Transce3nd LLC now owns 207 shares of the oil and gas company’s stock worth $34,000 after buying an additional 205 shares during the last quarter. Finally, GGM Financials LLC purchased a new position in shares of Marathon Petroleum in the 3rd quarter worth $46,000. 76.77% of the stock is owned by institutional investors and hedge funds.

Key Marathon Petroleum News

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

• Positive Sentiment: Blowout Q4 results and big shareholder returns: MPC reported $4.07 adjusted EPS for Q4, topped revenue expectations, and returned substantial cash to shareholders—this underpins near-term earnings and buyback/dividend prospects. Article Title
• Positive Sentiment: Goldman Sachs raised its price target to $239 and reiterated a “buy” rating, signaling institutional confidence and providing upward pressure on sentiment. Article Title
• Positive Sentiment: Recent intraday strength — MPC recently closed higher in a session where broader markets fell, indicating episodic demand for the name on company-specific news. Article Title
• Neutral Sentiment: Analysts are split on 2026 outlooks: the analyst fair value moved slightly to $202.50, but firms are issuing both raises and trims, creating mixed expectations for forward upside. Article Title
• Neutral Sentiment: Macro and geopolitical uncertainty (Middle East tensions, central-bank decisions) could push oil and refining margins around, producing volatility but unclear directional impact. Article Title
• Neutral Sentiment: Longer-term industry note — a planned new U.S. refinery in Brownsville could alter supply dynamics over years, but it is not an immediate driver for MPC fundamentals. Article Title
• Negative Sentiment: Insider selling by director Ricky D. Hessling: two recent sales (1,810 shares at ~$224.78 on Mar 11 and 1,037 shares at ~$229.08 on Mar 12) reduced his stake materially — such disclosures often pressure sentiment even when sales are routine. SEC filing: SEC Filing

Marathon Petroleum Stock Performance

Shares of NYSE:MPC opened at $226.06 on Friday. The business’s 50-day simple moving average is $193.11 and its 200 day simple moving average is $188.14. The company has a market cap of $66.63 billion, a P/E ratio of 16.93, a PEG ratio of 1.37 and a beta of 0.69. 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 one year low of $115.10 and a one year high of $236.10.

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, topping analysts’ consensus estimates of $3.73 by $0.34. The firm had revenue of $32.57 billion during the quarter, compared to analysts’ expectations of $30.89 billion. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.Marathon Petroleum’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 EPS. On average, sell-side analysts forecast that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

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

Wall Street Analysts Forecast Growth

A number of research analysts recently weighed in on the company. Wall Street Zen upgraded Marathon Petroleum from a “hold” rating to a “buy” rating in a report on Saturday, March 7th. Zacks Research downgraded Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $213.00 to $217.00 and gave the company an “overweight” rating in a research note on Wednesday, February 4th. Jefferies Financial Group decreased their target price on Marathon Petroleum from $216.00 to $205.00 and set a “buy” rating for the company in a report on Monday, January 26th. Finally, The Goldman Sachs Group raised their price target on shares of Marathon Petroleum from $211.00 to $239.00 and gave the company a “buy” rating in a report on Thursday. Eleven equities research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company. Based on data from MarketBeat, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and a consensus price target of $204.25.

Insiders Place Their Bets

In related news, insider Ricky D. Hessling sold 1,037 shares of the firm’s stock in a transaction on Thursday, March 12th. The shares were sold at an average price of $229.08, for a total transaction of $237,555.96. Following the completion of the sale, the insider directly owned 9,151 shares of the company’s stock, valued at approximately $2,096,311.08. This trade represents a 10.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.21% of the company’s stock.

About Marathon Petroleum

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.