Analysts’ Recent Ratings Updates for Marathon Petroleum (MPC)

A number of research firms have changed their ratings and price targets for Marathon Petroleum (NYSE: MPC):

• 9/14/2026 – Marathon Petroleum had its price target raised by Raymond James Financial, Inc. from $350.00 to $445.00. They now have an “outperform” rating on the stock.
• 9/14/2026 – Marathon Petroleum had its price target raised by Morgan Stanley from $265.00 to $453.00. They now have an “overweight” rating on the stock.
• 9/8/2026 – Marathon Petroleum had its price target raised by UBS Group AG from $321.00 to $450.00. They now have a “buy” rating on the stock.
• 9/4/2026 – Marathon Petroleum was upgraded by Zacks Research from “hold” to “strong-buy”.
• 9/3/2026 – Marathon Petroleum had its price target raised by Piper Sandler from $344.00 to $462.00. They now have an “overweight” rating on the stock.
• 9/1/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company from $359.00 to $400.00. They now have an “overweight” rating on the stock.
• 8/11/2026 – Marathon Petroleum had its price target raised by Mizuho from $284.00 to $304.00. They now have a “neutral” rating on the stock.
• 8/6/2026 – Marathon Petroleum had its price target raised by Piper Sandler from $343.00 to $344.00. They now have an “overweight” rating on the stock.
• 8/6/2026 – Marathon Petroleum had its price target raised by Barclays PLC from $289.00 to $321.00. They now have an “overweight” rating on the stock.
• 8/5/2026 – Marathon Petroleum was upgraded by Weiss Ratings from “hold (c+)” to “buy (b)”.
• 8/5/2026 – Marathon Petroleum was given a new $330.00 price target by Evercore Inc.
• 8/5/2026 – Marathon Petroleum had its price target raised by Citigroup Inc. from $303.00 to $318.00. They now have a “neutral” rating on the stock.
• 8/5/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company from $344.00 to $359.00. They now have an “overweight” rating on the stock.
• 8/5/2026 – Marathon Petroleum had its price target raised by TD Cowen from $357.00 to $375.00. They now have a “buy” rating on the stock.
• 7/23/2026 – Marathon Petroleum had its “overweight” rating reaffirmed by Piper Sandler. They now have a $343.00 price target on the stock.
• 7/22/2026 – Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $291.00 to $376.00. They now have a “buy” rating on the stock.
• 7/21/2026 – Marathon Petroleum had its price target raised by TD Cowen from $315.00 to $357.00. They now have a “buy” rating on the stock.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th were paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 19th. Marathon Petroleum’s dividend payout ratio is currently 13.75%.

Insider Transactions at Marathon Petroleum

In other news, VP Erin M. Brzezinski sold 570 shares of the firm’s stock in a transaction on Thursday, August 27th. The stock was sold at an average price of $362.79, for a total value of $206,790.30. Following the completion of the sale, the vice president directly owned 1,576 shares in the company, valued at approximately $571,757.04. This trade represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. Also, insider Molly R. Benson sold 17,196 shares of the company’s stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the transaction, the insider owned 30,334 shares in the company, valued at approximately $10,876,862.38. This trade represents a 36.18% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 21,691 shares of company stock valued at $7,780,127. Corporate insiders own 0.17% of the company’s stock.

Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company engaged primarily in refining, marketing and transporting petroleum products. The company converts crude oil and other feedstocks into gasoline, diesel and other transportation fuels, as well as asphalt, propane, petrochemical feedstocks and related products.

Marathon Petroleum operates a network of refineries in the United States and markets refined products through wholesale channels, branded retail locations and commercial customers.