Natixis Advisors LLC Has $39.14 Million Stock Holdings in Marathon Petroleum Corporation $MPC

Natixis Advisors LLC decreased its stake in Marathon Petroleum Corporation (NYSE:MPC) by 8.4% in the fourth quarter, Holdings Channel reports. The institutional investor owned 240,659 shares of the oil and gas company’s stock after selling 22,193 shares during the quarter. Natixis Advisors LLC’s holdings in Marathon Petroleum were worth $39,138,000 as of its most recent SEC filing.

Other institutional investors also recently modified their holdings of the company. Creative Financial Designs Inc. ADV increased its stake in shares of Marathon Petroleum by 2.6% in the fourth quarter. Creative Financial Designs Inc. ADV now owns 2,050 shares of the oil and gas company’s stock worth $333,000 after acquiring an additional 51 shares during the last quarter. IFG Advisory LLC boosted its position in Marathon Petroleum by 1.5% during the fourth quarter. IFG Advisory LLC now owns 3,429 shares of the oil and gas company’s stock valued at $558,000 after purchasing an additional 51 shares during the last quarter. Auxano Advisors LLC grew its stake in Marathon Petroleum by 2.1% in the fourth quarter. Auxano Advisors LLC now owns 2,630 shares of the oil and gas company’s stock valued at $428,000 after purchasing an additional 55 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its position in Marathon Petroleum by 0.6% in the 4th quarter. Fifth Third Wealth Advisors LLC now owns 10,287 shares of the oil and gas company’s stock worth $1,673,000 after purchasing an additional 57 shares during the last quarter. Finally, Legacy Bridge LLC raised its stake in shares of Marathon Petroleum by 12.5% during the 4th quarter. Legacy Bridge LLC now owns 523 shares of the oil and gas company’s stock worth $85,000 after purchasing an additional 58 shares in the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.

Insiders Place Their Bets

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,810 shares of the business’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total transaction of $406,851.80. Following the completion of the transaction, the insider owned 10,188 shares of the company’s stock, valued at $2,290,058.64. The trade was a 15.09% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last three months, insiders have sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is owned by insiders.

Marathon Petroleum Stock Up 1.6%

MPC opened at $267.33 on Thursday. The firm has a market cap of $78.04 billion, a P/E ratio of 17.45, a price-to-earnings-growth ratio of 0.42 and a beta of 0.52. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.73 and a current ratio of 1.18. The business has a 50 day moving average price of $242.03 and a 200 day moving average price of $209.17. Marathon Petroleum Corporation has a twelve month low of $155.93 and a twelve month high of $272.46.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings results 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 company had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the firm posted ($0.24) earnings per share. Research analysts forecast that Marathon Petroleum Corporation will post 30.05 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.5%. The ex-dividend date is Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio (DPR) is 26.11%.

Analyst Ratings Changes

Several brokerages recently commented on MPC. Weiss Ratings cut Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday, May 6th. Jefferies Financial Group lifted their target price on shares of Marathon Petroleum from $279.00 to $296.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. BMO Capital Markets boosted their target price on shares of Marathon Petroleum from $255.00 to $290.00 and gave the stock an “outperform” rating in a research report on Wednesday, May 13th. TD Cowen increased their price target on shares of Marathon Petroleum to $320.00 and gave the stock a “buy” rating in a research note on Wednesday, May 6th. Finally, The Goldman Sachs Group raised their price target on shares of Marathon Petroleum from $264.00 to $291.00 and gave the company a “buy” rating in a report on Thursday, May 7th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $268.50.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: MPC was highlighted in a Zacks “Strong Buy” growth stock list, which can attract momentum and growth-oriented buyers. Best Growth Stocks to Buy for June 3rd
• Positive Sentiment: Analysts and market commentary are focusing on Marathon’s West Coast refining assets as California fuel supply remains tight, suggesting a potential earnings tailwind if regional crack spreads stay strong. Can MPC’s West Coast Assets Become a Bigger Earnings Driver?
• Positive Sentiment: Broader energy-market strength is supporting refiners like MPC, as crude prices rebound and refined-product markets tighten amid renewed Middle East supply concerns, which can improve refining margins. Marathon Petroleum’s Top Safety Performance Recognized at AFPM Safety Awards
• Neutral Sentiment: Marathon Petroleum was recognized for top safety performance at AFPM awards, a positive operating headline but not an immediate earnings catalyst. Marathon Petroleum’s Top Safety Performance Recognized at AFPM Safety Awards
• Neutral Sentiment: The stock has already had a strong multi-month run, so some investors may be weighing valuation after sizable gains even as fundamentals remain supportive. Marathon Petroleum (MPC) Valuation Check After Strong Multi‑Month Share Price Gains

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.