National Pension Service Boosts Stock Holdings in Marathon Petroleum Corporation $MPC

National Pension Service raised its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 0.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 928,506 shares of the oil and gas company’s stock after purchasing an additional 5,626 shares during the period. National Pension Service owned 0.32% of Marathon Petroleum worth $237,391,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of the company. MassMutual Private Wealth & Trust FSB grew its stake in shares of Marathon Petroleum by 3.2% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,288 shares of the oil and gas company’s stock worth $329,000 after acquiring an additional 40 shares during the period. Equitable Trust Co. raised its stake in Marathon Petroleum by 1.6% in the 1st quarter. Equitable Trust Co. now owns 2,637 shares of the oil and gas company’s stock valued at $644,000 after acquiring an additional 42 shares during the period. Bartlett & CO. Wealth Management LLC lifted its holdings in Marathon Petroleum by 0.4% during the first quarter. Bartlett & CO. Wealth Management LLC now owns 9,548 shares of the oil and gas company’s stock valued at $2,411,000 after purchasing an additional 42 shares during the last quarter. High Net Worth Advisory Group LLC lifted its holdings in Marathon Petroleum by 2.6% during the second quarter. High Net Worth Advisory Group LLC now owns 1,636 shares of the oil and gas company’s stock valued at $418,000 after purchasing an additional 42 shares during the last quarter. Finally, Wellington Grp LLC boosted its position in Marathon Petroleum by 9.6% during the first quarter. Wellington Grp LLC now owns 516 shares of the oil and gas company’s stock worth $126,000 after purchasing an additional 45 shares during the period. 76.77% of the stock is owned by hedge funds and other institutional investors.

Marathon Petroleum Trading Down 1.7%

Shares of Marathon Petroleum stock opened at $392.61 on Friday. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.25 and a quick ratio of 0.89. Marathon Petroleum Corporation has a 1 year low of $161.93 and a 1 year high of $405.13. The firm has a market cap of $114.62 billion, a PE ratio of 13.50, a PEG ratio of 0.26 and a beta of 0.53. The company has a 50 day simple moving average of $333.02 and a two-hundred day simple moving average of $272.51.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, beating the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The firm had revenue of $51.99 billion for the quarter, compared to analysts’ expectations of $40.87 billion. During the same quarter last year, the company posted $3.96 EPS. The business’s quarterly revenue was up 53.5% on a year-over-year basis. Analysts expect that Marathon Petroleum Corporation will post 47.23 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $4.00 annualized dividend and a yield of 1.0%. Marathon Petroleum’s payout ratio is 13.75%.

Insider Activity

In other Marathon Petroleum news, VP Erin M. Brzezinski sold 570 shares of the stock in a transaction that occurred on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total transaction of $206,790.30. Following the transaction, the vice president directly owned 1,576 shares in the company, valued at $571,757.04. This trade represents a 26.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, SVP Shawn M. Lyon sold 2,500 shares of Marathon Petroleum stock in a transaction that occurred on Thursday, August 13th. The stock was sold at an average price of $350.00, for a total transaction of $875,000.00. Following the transaction, the senior vice president directly owned 12,619 shares in the company, valued at $4,416,650. This trade represents a 16.54% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 21,691 shares of company stock worth $7,780,127. 0.17% of the stock is currently owned by insiders.

Key Marathon Petroleum News

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

• Positive Sentiment: Marathon Petroleum’s high-return refinery investments are expected to improve operational flexibility, product yields and cost efficiency. Those projects could strengthen refining margins and earnings resilience over the long term. How High-Return Refinery Investment Strengthens MPC’s Long-Term Margins
• Positive Sentiment: Zacks and related market commentary continue to identify MPC as attractive for value and momentum investors, citing its valuation profile, earnings trends and strong share-price performance. This supports the bullish long-term narrative, although the articles do not introduce a new catalyst. Why Marathon Petroleum Is a Top Value Stock for the Long-Term
• Neutral Sentiment: Escalating U.S.-Iran tensions are increasing energy-market risk and creating a mixed backdrop for refiners. Higher volatility or stronger fuel prices could help MPC, but geopolitical disruptions could also pressure demand and operating conditions. Defense, Solar, and Refining Stocks Split as the Iran Conflict Raises Energy Risk
• Negative Sentiment: MPC underperformed the broader market in the latest session. The report provides no specific earnings warning, analyst downgrade or operational problem, suggesting the weakness may reflect profit-taking or broader market positioning after the stock’s substantial run. Marathon Petroleum Dips More Than Broader Market

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on MPC. Jefferies Financial Group set a $335.00 target price on shares of Marathon Petroleum and gave the stock a “buy” rating in a research note on Sunday, July 12th. TD Cowen raised their price objective on shares of Marathon Petroleum from $357.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Raymond James Financial lifted their price objective on shares of Marathon Petroleum from $300.00 to $335.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. UBS Group boosted their target price on shares of Marathon Petroleum from $321.00 to $450.00 and gave the company a “buy” rating in a report on Tuesday. Finally, Bank of America increased their target price on Marathon Petroleum from $224.00 to $260.00 in a research report on Tuesday, May 26th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating and four have issued a Hold rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $330.50.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company engaged primarily in refining, marketing and transporting petroleum products. The company converts crude oil and other feedstocks into gasoline, diesel and other transportation fuels, as well as asphalt, propane, petrochemical feedstocks and related products.

Marathon Petroleum operates a network of refineries in the United States and markets refined products through wholesale channels, branded retail locations and commercial customers.