Marathon Petroleum Corporation $MPC Shares Sold by Phoenix Wealth Advisors

Phoenix Wealth Advisors reduced its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 13.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 12,371 shares of the oil and gas company’s stock after selling 1,984 shares during the quarter. Marathon Petroleum makes up about 1.5% of Phoenix Wealth Advisors’ investment portfolio, making the stock its 16th biggest position. Phoenix Wealth Advisors’ holdings in Marathon Petroleum were worth $4,892,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in MPC. BlackRock Inc. bought a new stake in Marathon Petroleum during the second quarter valued at $6,648,958,000. Bank of New York Mellon Corp acquired a new stake in shares of Marathon Petroleum during the second quarter worth $1,029,611,000. Bank of America Corp DE raised its holdings in shares of Marathon Petroleum by 1.6% during the first quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company’s stock worth $633,668,000 after purchasing an additional 40,124 shares during the period. Amundi raised its holdings in shares of Marathon Petroleum by 17.5% during the second quarter. Amundi now owns 2,237,930 shares of the oil and gas company’s stock worth $572,172,000 after purchasing an additional 332,551 shares during the period. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its position in shares of Marathon Petroleum by 16.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,508,489 shares of the oil and gas company’s stock worth $385,675,000 after buying an additional 215,686 shares during the last quarter. 76.77% of the stock is currently owned by institutional investors.

Insider Activity at Marathon Petroleum

In other Marathon Petroleum news, insider Molly Benson sold 17,196 shares of the business’s 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 completion of the transaction, the insider directly owned 30,334 shares of the company’s stock, valued at $10,876,862.38. The trade was a 36.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Shawn Lyon sold 1,000 shares of the company’s stock in a transaction dated Monday, August 31st. The stock was sold at an average price of $375.75, for a total transaction of $375,750.00. Following the completion of the transaction, the senior vice president owned 11,194 shares of the company’s stock, valued at approximately $4,206,145.50. This trade represents a 8.20% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,691 shares of company stock worth $7,780,127 in the last ninety days. 0.17% of the stock is owned by insiders.

Marathon Petroleum Stock Performance

NYSE MPC traded down $4.84 during trading hours on Friday, hitting $372.48. The company had a trading volume of 2,478,500 shares, compared to its average volume of 2,065,560. Marathon Petroleum Corporation has a fifty-two week low of $161.93 and a fifty-two week high of $493.98. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19. The business has a fifty day simple moving average of $421.69 and a 200-day simple moving average of $295.35. The firm has a market cap of $108.74 billion, a P/E ratio of 12.80, a price-to-earnings-growth ratio of 0.11 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating the consensus estimate of $25.37 by $1.56. The company had revenue of $56.03 billion during the quarter, compared to the consensus estimate of $46.60 billion. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The company’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same quarter in the previous year, the company posted $3.01 earnings per share. Equities analysts predict that Marathon Petroleum Corporation will post 64.78 EPS for the current year.

Marathon Petroleum Dividend Announcement

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

Analyst Upgrades and Downgrades

Several research analysts have recently commented on MPC shares. Jefferies Financial Group reaffirmed a “hold” rating and issued a $433.00 price target on shares of Marathon Petroleum in a report on Sunday, October 11th. Wells Fargo & Company increased their price objective on shares of Marathon Petroleum from $560.00 to $564.00 and gave the stock an “overweight” rating in a research note on Wednesday. The Goldman Sachs Group increased their price objective on shares of Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a research note on Monday, September 21st. TD Cowen raised their target price on shares of Marathon Petroleum from $450.00 to $478.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Finally, Evercore set a $330.00 target price on Marathon Petroleum in a research note on Wednesday, August 5th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $425.12.

Trending Headlines about Marathon Petroleum

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

Marathon Petroleum 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.