Asset One Wealth Management LLC Sells 1,554 Shares of Marathon Petroleum Corporation $MPC

Asset One Wealth Management LLC decreased its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 20.0% during the 3rd quarter, Holdings Channel.com reports. The firm owned 6,224 shares of the oil and gas company’s stock after selling 1,554 shares during the quarter. Asset One Wealth Management LLC’s holdings in Marathon Petroleum were worth $2,461,000 at the end of the most recent reporting period.

A number of other institutional investors have also made changes to their positions in MPC. BlackRock Inc. bought a new stake in shares of Marathon Petroleum during the second quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp bought a new stake in Marathon Petroleum during the second quarter valued at approximately $1,029,611,000. Bank of America Corp DE purchased a new position in shares of Marathon Petroleum during the 2nd quarter worth about $621,832,000. Legal & General Group Plc purchased a new position in shares of Marathon Petroleum in the second quarter worth $380,745,000. Finally, Deutsche Bank AG purchased a new position in shares of Marathon Petroleum in the second quarter worth about $280,761,000. 76.77% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have weighed in on MPC shares. Evercore set a $330.00 price target on Marathon Petroleum in a report on Wednesday, August 5th. Mizuho increased their price objective on Marathon Petroleum from $304.00 to $457.00 and gave the company a “neutral” rating in a report on Thursday, October 8th. Bank of America boosted their target price on shares of Marathon Petroleum from $410.00 to $426.00 and gave the company a “neutral” rating in a report on Friday, October 2nd. Weiss Ratings raised shares of Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a research note on Thursday, October 8th. Finally, Raymond James Financial increased their price target on Marathon Petroleum from $350.00 to $445.00 and gave the stock an “outperform” rating in a research note on Monday, September 14th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $425.12.

Marathon Petroleum Stock Down 1.3%

MPC stock opened at $372.48 on Friday. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The company has a fifty day simple moving average of $421.69 and a 200 day simple moving average of $295.35. Marathon Petroleum Corporation has a 1 year low of $161.93 and a 1 year high of $493.98. The firm has a market cap of $108.74 billion, a PE ratio of 16.27, a PEG ratio of 0.11 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. The company had revenue of $56.03 billion for the quarter, compared to analysts’ expectations of $46.60 billion. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. Marathon Petroleum’s quarterly revenue was up 57.6% compared to the same quarter last year. During the same period in the prior year, the firm earned $3.01 EPS. Sell-side analysts anticipate that Marathon Petroleum Corporation will post 64.78 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio (DPR) is 13.75%.

Marathon Petroleum News Roundup

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

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Insiders Place Their Bets

In other news, VP Erin M. Brzezinski sold 570 shares of Marathon Petroleum stock in a transaction that occurred on Thursday, August 27th. The stock was sold at an average price of $362.79, for a total transaction of $206,790.30. Following the sale, the vice president owned 1,576 shares of the company’s stock, valued at approximately $571,757.04. The trade was a 26.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Molly R. Benson sold 17,196 shares of Marathon Petroleum stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the sale, 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 ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 21,691 shares of company stock valued at $7,780,127. Company insiders own 0.17% of the company’s stock.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.