Marathon Petroleum (MPC) – Investment Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Marathon Petroleum (NYSE: MPC) recently:

• 6/29/2026 – Marathon Petroleum had its price target lowered by TD Cowen from $320.00 to $315.00. They now have a “buy” rating on the stock.
• 6/17/2026 – Marathon Petroleum was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/15/2026 – Marathon Petroleum had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $344.00 price target on the stock.
• 6/12/2026 – Marathon Petroleum had its “outperform” rating reaffirmed by BMO Capital Markets.
• 6/12/2026 – Marathon Petroleum had its price target raised by Morgan Stanley from $233.00 to $265.00. They now have an “overweight” rating on the stock.
• 6/12/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company from $335.00 to $344.00.
• 6/10/2026 – Marathon Petroleum had its price target raised by Raymond James Financial, Inc. from $285.00 to $300.00. They now have an “outperform” rating on the stock.
• 5/27/2026 – Marathon Petroleum had its price target raised by Mizuho from $224.00 to $284.00. They now have a “neutral” rating on the stock.
• 5/26/2026 – Marathon Petroleum had its price target raised by Jefferies Financial Group Inc. from $279.00 to $296.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Marathon Petroleum had its price target raised by Bank of America Corporation from $224.00 to $260.00.
• 5/13/2026 – Marathon Petroleum had its price target raised by BMO Capital Markets from $255.00 to $290.00. They now have an “outperform” rating on the stock.
• 5/10/2026 – Marathon Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/7/2026 – Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $264.00 to $291.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Marathon Petroleum was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 5/6/2026 – Marathon Petroleum was given a new $285.00 price target by UBS Group AG.
• 5/6/2026 – Marathon Petroleum had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 5/6/2026 – Marathon Petroleum had its price target raised by Citigroup Inc. from $243.00 to $257.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by Barclays PLC from $230.00 to $270.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $235.00 to $257.00.
• 5/6/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company to $335.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by TD Cowen to $320.00. They now have a “buy” rating on the stock.
• 5/2/2026 – Marathon Petroleum was downgraded by Wall Street Zen from “strong-buy” to “buy”.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.5%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s payout ratio is 26.11%.

Insider Transactions at Marathon Petroleum

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of the company’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the transaction, the vice president owned 16,900 shares of the company’s stock, valued at $4,543,058. This represents a 27.27% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.17% of the stock is currently owned by insiders.

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.