Sequoia Financial Advisors LLC Has $3.50 Million Stock Holdings in Marathon Petroleum Corporation $MPC

Sequoia Financial Advisors LLC lifted its stake in Marathon Petroleum Corporation (NYSE:MPC) by 31.6% during the 4th quarter, HoldingsChannel reports. The fund owned 21,523 shares of the oil and gas company’s stock after buying an additional 5,163 shares during the period. Sequoia Financial Advisors LLC’s holdings in Marathon Petroleum were worth $3,500,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently modified their holdings of the company. Boston Partners raised its position in Marathon Petroleum by 2.3% in the third quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company’s stock worth $1,214,522,000 after purchasing an additional 141,691 shares in the last quarter. Legal & General Group Plc grew its holdings in shares of Marathon Petroleum by 2.0% in the 3rd quarter. Legal & General Group Plc now owns 1,861,020 shares of the oil and gas company’s stock worth $358,693,000 after purchasing an additional 35,847 shares during the last quarter. Amundi grew its stake in Marathon Petroleum by 11.8% during the third quarter. Amundi now owns 1,626,862 shares of the oil and gas company’s stock worth $314,830,000 after buying an additional 172,172 shares during the last quarter. National Pension Service grew its position in Marathon Petroleum by 1.7% during the 3rd quarter. National Pension Service now owns 849,268 shares of the oil and gas company’s stock worth $163,688,000 after acquiring an additional 14,308 shares during the last quarter. Finally, Rhumbline Advisers increased its holdings in Marathon Petroleum by 1.8% during the 3rd quarter. Rhumbline Advisers now owns 669,237 shares of the oil and gas company’s stock valued at $128,989,000 after purchasing an additional 11,948 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Insider Activity

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,626 shares of the company’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $228.18, for a total transaction of $371,020.68. Following the sale, the insider directly owned 7,525 shares of the company’s stock, valued at approximately $1,717,054.50. This represents a 17.77% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. In the last quarter, insiders sold 4,473 shares of company stock worth $1,015,428. Corporate insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several analysts have recently commented on the company. Raymond James Financial restated an “outperform” rating on shares of Marathon Petroleum in a report on Wednesday. Scotiabank upped their price target on shares of Marathon Petroleum from $174.00 to $210.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. The Goldman Sachs Group raised their price objective on shares of Marathon Petroleum from $264.00 to $291.00 and gave the company a “buy” rating in a research report on Thursday. Mizuho boosted their target price on shares of Marathon Petroleum from $205.00 to $224.00 and gave the stock a “neutral” rating in a research note on Tuesday, March 17th. Finally, Jefferies Financial Group upped their target price on shares of Marathon Petroleum from $263.00 to $279.00 and gave the stock a “buy” rating in a research report on Monday, April 13th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $257.25.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Marathon Petroleum reported a strong earnings beat, with EPS coming in 110% above expectations, reinforcing the view that the company’s refining business is performing well. Marathon Petroleum Corporation Just Beat EPS By 110%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Goldman Sachs raised its price target on MPC to $291 from $264 and kept a buy rating, suggesting meaningful upside from current levels. Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $264.00 to $291.00.
• Positive Sentiment: JPMorgan also lifted its price target on Marathon Petroleum to $257 from $235, adding to the positive analyst momentum around the stock. Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $235.00 to $257.00.
• Positive Sentiment: TD Cowen reportedly raised its price target on MPC to $320, further reinforcing the bullish valuation case. Marathon Petroleum (NYSE:MPC) Price Target Raised to $320.00 at TD Cowen
• Neutral Sentiment: Zacks and Yahoo Finance highlighted MPC as a momentum stock with strong earnings surprises and bullish price trends, which may support trader interest but does not add new company-specific fundamentals. Zacks.com featured highlights include The Vita Coco Company, Indivior Pharmaceuticals and Marathon Petroleum
• Neutral Sentiment: Marathon Petroleum was also included in another “best momentum stocks” roundup, again reflecting positive market sentiment rather than a new operational update. 3 Best Momentum Stocks to Buy Now for Big Upside in May 2026
• Neutral Sentiment: A separate analysis said Marathon Petroleum’s buyback expansion and refinery projects support its valuation story, citing stronger quarterly results and a larger repurchase program. Marathon Petroleum Buyback Expansion And Refinery Projects Underpin Valuation Story

Marathon Petroleum Price Performance

Shares of MPC opened at $245.02 on Friday. The stock has a market cap of $71.53 billion, a P/E ratio of 15.99, a price-to-earnings-growth ratio of 0.35 and a beta of 0.53. Marathon Petroleum Corporation has a 1 year low of $149.65 and a 1 year high of $261.61. The stock’s 50-day moving average price is $229.28 and its two-hundred day moving average price is $200.99. The company has a current ratio of 1.18, a quick ratio of 0.74 and a debt-to-equity ratio of 1.31.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, beating analysts’ consensus estimates of $0.74 by $0.91. The business had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. During the same quarter in the prior year, the company earned ($0.24) EPS. On average, equities analysts predict that Marathon Petroleum Corporation will post 28.83 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $4.00 annualized dividend and a yield of 1.6%. 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.