Fulton Bank N.A. Reduces Stake in Marathon Petroleum Corporation $MPC

Fulton Bank N.A. trimmed its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 17.2% during the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 8,260 shares of the oil and gas company’s stock after selling 1,714 shares during the quarter. Fulton Bank N.A.’s holdings in Marathon Petroleum were worth $2,112,000 at the end of the most recent reporting period.

A number of other hedge funds have also made changes to their positions in the company. Main Street Group LTD acquired a new position in shares of Marathon Petroleum during the 1st quarter worth $35,000. Cedar Mountain Advisors LLC acquired a new stake in Marathon Petroleum in the 1st quarter valued at about $40,000. Navalign LLC acquired a new stake in Marathon Petroleum in the 4th quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in Marathon Petroleum during the 4th quarter valued at about $31,000. Finally, Berbice Capital Management LLC raised its position in Marathon Petroleum by 100.0% during the fourth quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock worth $33,000 after acquiring an additional 100 shares during the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.

Analyst Ratings Changes

Several analysts have issued reports on MPC shares. JPMorgan Chase & Co. upped their price target on shares of Marathon Petroleum from $235.00 to $257.00 in a report on Wednesday, May 6th. Morgan Stanley raised their price objective on shares of Marathon Petroleum from $233.00 to $265.00 and gave the stock an “overweight” rating in a research note on Friday, June 12th. The Goldman Sachs Group lifted their price objective on Marathon Petroleum from $291.00 to $376.00 and gave the stock a “buy” rating in a research report on Wednesday, July 22nd. BMO Capital Markets reaffirmed an “outperform” rating on shares of Marathon Petroleum in a research note on Friday, June 12th. Finally, Evercore set a $330.00 target price on Marathon Petroleum in a report on Wednesday, August 5th. Twelve research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $312.50.

Key Headlines Impacting Marathon Petroleum

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

• Positive Sentiment: Strong earnings beat: MPC reported second-quarter 2026 earnings of $17.73 per share, well above estimates of approximately $14.27–$14.52 and up sharply from $3.96 a year earlier. Revenue rose 53.5% year over year to $51.99 billion, with significantly stronger Refining & Marketing performance driving the improvement. Marathon Petroleum Q2 Earnings Beat on Strong Refining Margins
• Positive Sentiment: Refining and operating momentum: Reports cite stronger refining economics, disciplined operations, improved reliability and value-chain optimization as supporting profitability. MPC expects third-quarter crude throughput of 2.82 million barrels per day and total refinery throughput of 3.005 million barrels per day. Marathon Petroleum Q2 Earnings Beat on Strong Refining Margins
• Positive Sentiment: Commodity tailwind and midstream support: Higher crude prices helped lift MPC and other energy shares, while rising midstream cash flow and high-return projects add support beyond refining margins. The stock’s recent rally is therefore being viewed as having fundamental backing rather than being driven solely by market sentiment. MPC, PSX Stocks Hit All-Time Highs
• Neutral Sentiment: Analyst valuation caution: Mizuho raised its MPC price target from $284 to $304 but maintained a neutral rating. The revised target remains below the current trading level, suggesting some analysts believe the recent rally may have outpaced near-term valuation support. Mizuho Raises Marathon Petroleum Price Target
• Neutral Sentiment: Risks ahead: While bullish commentary highlights above-average financial growth and positive brokerage views, other reports caution that analyst recommendations can be overly optimistic and that refining profitability remains sensitive to commodity prices and industry conditions. Should You Invest in Marathon Petroleum Based on Bullish Wall Street Views?

Insider Activity

In related news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The shares were sold at an average price of $268.82, for a total value of $1,703,243.52. Following the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at approximately $4,543,058. This trade represents a 27.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Corporate insiders own 0.17% of the company’s stock.

Marathon Petroleum Price Performance

Shares of NYSE:MPC opened at $335.79 on Wednesday. The company has a market cap of $98.03 billion, a P/E ratio of 11.54, a P/E/G ratio of 0.21 and a beta of 0.52. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19. Marathon Petroleum Corporation has a 52 week low of $158.00 and a 52 week high of $336.45. The business has a fifty day simple moving average of $282.04 and a 200-day simple moving average of $244.41.

Marathon Petroleum (NYSE:MPC) last released its earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The firm had revenue of $51.99 billion for the quarter, compared to the consensus estimate of $40.87 billion. During the same period in the prior year, the business posted $3.96 earnings per share. The firm’s revenue for the quarter was up 53.5% compared to the same quarter last year. Equities research analysts forecast that Marathon Petroleum Corporation will post 46.66 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.2%. The ex-dividend date is Wednesday, August 19th. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

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.