Mplx (NYSE:MPLX) Upgraded at Wall Street Zen

Wall Street Zen upgraded shares of Mplx (NYSE:MPLX) from a hold rating to a buy rating in a research report sent to investors on Monday.

Other equities research analysts have also issued reports about the stock. UBS Group boosted their target price on shares of Mplx from $64.00 to $73.00 and gave the stock a “buy” rating in a research report on Monday, March 16th. Morgan Stanley increased their price target on shares of Mplx from $60.00 to $62.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Wells Fargo & Company raised their price objective on shares of Mplx from $59.00 to $63.00 and gave the company an “overweight” rating in a research note on Friday, March 13th. JPMorgan Chase & Co. boosted their price objective on shares of Mplx from $58.00 to $60.00 and gave the stock a “neutral” rating in a report on Tuesday, March 10th. Finally, Weiss Ratings restated a “buy (a-)” rating on shares of Mplx in a research report on Monday, December 29th. Two analysts have rated the stock with a Strong Buy rating, five have given a Buy rating and five have given a Hold rating to the company’s stock. According to data from MarketBeat.com, Mplx presently has an average rating of “Moderate Buy” and an average price target of $61.56.

Mplx Stock Performance

Shares of MPLX stock opened at $58.91 on Monday. The company has a current ratio of 1.23, a quick ratio of 1.18 and a debt-to-equity ratio of 1.66. The stock has a 50 day simple moving average of $57.19 and a 200-day simple moving average of $53.84. The company has a market cap of $59.81 billion, a price-to-earnings ratio of 12.22, a price-to-earnings-growth ratio of 5.42 and a beta of 0.56. Mplx has a 12-month low of $44.60 and a 12-month high of $59.98.

Mplx (NYSE:MPLX) last posted its quarterly earnings results on Tuesday, February 3rd. The pipeline company reported $1.17 earnings per share for the quarter, beating analysts’ consensus estimates of $1.10 by $0.07. Mplx had a return on equity of 34.37% and a net margin of 37.79%.The firm had revenue of $5.99 billion for the quarter, compared to the consensus estimate of $3.23 billion. During the same period in the previous year, the business earned $1.07 earnings per share. The company’s revenue for the quarter was up 6.2% compared to the same quarter last year. On average, equities analysts forecast that Mplx will post 4.41 EPS for the current year.

Mplx Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th were issued a dividend of $1.0765 per share. This represents a $4.31 annualized dividend and a yield of 7.3%. The ex-dividend date was Monday, February 9th. Mplx’s dividend payout ratio (DPR) is 89.42%.

Institutional Trading of Mplx

Institutional investors and hedge funds have recently modified their holdings of the business. NewEdge Advisors LLC grew its position in shares of Mplx by 4.1% in the first quarter. NewEdge Advisors LLC now owns 24,049 shares of the pipeline company’s stock valued at $1,287,000 after purchasing an additional 939 shares during the last quarter. Geode Capital Management LLC lifted its stake in Mplx by 6.6% in the 2nd quarter. Geode Capital Management LLC now owns 16,557 shares of the pipeline company’s stock valued at $853,000 after buying an additional 1,021 shares in the last quarter. Creative Planning lifted its stake in Mplx by 2.2% in the 2nd quarter. Creative Planning now owns 53,036 shares of the pipeline company’s stock valued at $2,732,000 after buying an additional 1,133 shares in the last quarter. Kingsview Wealth Management LLC acquired a new stake in Mplx during the 2nd quarter valued at $211,000. Finally, Franklin Resources Inc. grew its holdings in Mplx by 6.6% during the 2nd quarter. Franklin Resources Inc. now owns 12,920 shares of the pipeline company’s stock valued at $666,000 after buying an additional 800 shares during the last quarter. Hedge funds and other institutional investors own 24.25% of the company’s stock.

Key Mplx News

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Truist Securities initiated coverage on MPLX with a buy/strong‑buy and set a $67 price target (~13.7% upside vs. current price), giving the stock fresh catalyst and analyst support. Truist Initiates Coverage
• Neutral Sentiment: Two comparative valuation pieces looked at MPLX vs. Ultrapar (UGP), which can shift investor attention toward relative value but don’t change MPLX fundamentals directly. These pieces may influence allocation decisions in energy/pipeline exposure. UGP or MPLX: Which Is the Better Value Stock Right Now? (Yahoo) UGP or MPLX: Which Is the Better Value Stock Right Now? (Zacks)
• Neutral Sentiment: Recent market commentary noted MPLX made modest gains in a prior session but lagged broader markets — signals of short‑term relative performance that traders may weigh. MPLX Gains But Lags Market (Yahoo)
• Negative Sentiment: US Capital Advisors reduced near‑term and some multi‑year EPS forecasts for MPLX (FY2026 lowered to $4.05 from $4.17; FY2027 trimmed to $4.27), including cuts to several quarterly estimates — a downside catalyst that can temper earnings expectations and weigh on the stock. US Capital Advisors EPS Revisions (MarketBeat)

Mplx Company Profile

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.