Whitegate Investment Counselors Inc. lessened its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 46.0% in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 2,807 shares of the oil and gas company’s stock after selling 2,387 shares during the period. Whitegate Investment Counselors Inc.’s holdings in Marathon Petroleum were worth $1,110,000 at the end of the most recent reporting period.
Other hedge funds have also recently modified their holdings of the company. Solstein Capital LLC purchased a new stake in shares of Marathon Petroleum in the second quarter worth approximately $26,000. Caitlin John LLC purchased a new position in Marathon Petroleum during the 2nd quarter valued at $26,000. Bell Investment Advisors Inc purchased a new position in Marathon Petroleum during the 2nd quarter valued at $27,000. Main Street Group LTD purchased a new position in Marathon Petroleum during the 1st quarter valued at $35,000. Finally, Cetera Trust Company N.A bought a new position in Marathon Petroleum in the 2nd quarter valued at $35,000. Institutional investors own 76.77% of the company’s stock.
Marathon Petroleum Trading Down 1.3%
Shares of Marathon Petroleum stock traded down $4.84 on Friday, hitting $372.48. 2,478,500 shares of the company traded hands, compared to its average volume of 2,065,560. 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 market cap of $108.74 billion, a PE ratio of 12.80, a PEG ratio of 0.11 and a beta of 0.53. The stock’s 50 day moving average price is $421.69 and its 200-day moving average price is $295.35. Marathon Petroleum Corporation has a 52 week low of $161.93 and a 52 week high of $493.98.
Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, topping the consensus estimate 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 return on equity of 31.96% and a net margin of 5.48%. Marathon Petroleum’s revenue was up 57.6% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $3.01 earnings per share. Equities research analysts predict that Marathon Petroleum Corporation will post 64.78 EPS for the current year.
Marathon Petroleum Dividend Announcement
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be given a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.1%. Marathon Petroleum’s dividend payout ratio is presently 13.75%.
Analysts Set New Price Targets
A number of research firms have weighed in on MPC. UBS Group set a $510.00 target price on Marathon Petroleum in a research note on Friday, October 9th. Wells Fargo & Company boosted their target price on shares of Marathon Petroleum from $560.00 to $564.00 and gave the company an “overweight” rating in a research note on Wednesday. Barclays boosted their target price on shares of Marathon Petroleum from $321.00 to $488.00 and gave the company an “overweight” rating in a research note on Monday, October 12th. Evercore set a $330.00 price target on shares of Marathon Petroleum in a report on Wednesday, August 5th. Finally, Morgan Stanley raised their price target on shares of Marathon Petroleum from $453.00 to $458.00 and gave the stock an “overweight” rating in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company’s stock. According to MarketBeat, Marathon Petroleum currently has a consensus rating of “Moderate Buy” and a consensus price target of $425.12.
Key Marathon Petroleum News
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
Insider Transactions at Marathon Petroleum
In other news, insider Molly Benson sold 17,196 shares of the firm’s stock in a transaction on 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 ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through this link. Also, SVP Shawn Lyon sold 2,500 shares of the firm’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $350.00, for a total value of $875,000.00. Following the transaction, the senior vice president owned 12,619 shares in the company, valued at approximately $4,416,650. This represents a 16.54% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders have sold 21,691 shares of company stock valued at $7,780,127. 0.17% of the stock is currently owned by corporate insiders.
About Marathon Petroleum
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.
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