Rep. David Taylor Sells Off Shares of Marathon Petroleum Corporation (NYSE:MPC)

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on March 11th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
• Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
• Sold $1,001 – $15,000 in shares of Eaton (NYSE:ETN) on 2/26/2026.

Marathon Petroleum Stock Performance

MPC stock opened at $243.97 on Wednesday. Marathon Petroleum Corporation has a twelve month low of $115.10 and a twelve month high of $247.14. The firm has a market cap of $71.85 billion, a price-to-earnings ratio of 18.28, a PEG ratio of 1.39 and a beta of 0.69. The business’s fifty day simple moving average is $201.51 and its two-hundred day simple moving average is $191.04. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 1.27.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. The firm had revenue of $32.57 billion during the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. The business’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the firm earned $0.77 earnings per share. Analysts predict that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were given a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.6%. The ex-dividend date of this dividend was Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio is 29.96%.

Institutional Investors Weigh In On Marathon Petroleum

Several hedge funds have recently modified their holdings of MPC. Creative Financial Designs Inc. ADV raised its stake in shares of Marathon Petroleum by 2.6% during the 4th quarter. Creative Financial Designs Inc. ADV now owns 2,050 shares of the oil and gas company’s stock worth $333,000 after buying an additional 51 shares during the last quarter. IFG Advisory LLC grew its stake in Marathon Petroleum by 1.5% in the 4th quarter. IFG Advisory LLC now owns 3,429 shares of the oil and gas company’s stock valued at $558,000 after acquiring an additional 51 shares during the last quarter. Associated Banc Corp increased its holdings in Marathon Petroleum by 2.1% during the 3rd quarter. Associated Banc Corp now owns 2,475 shares of the oil and gas company’s stock valued at $477,000 after acquiring an additional 52 shares in the last quarter. Eagle Bluffs Wealth Management LLC increased its holdings in Marathon Petroleum by 1.2% during the 4th quarter. Eagle Bluffs Wealth Management LLC now owns 4,357 shares of the oil and gas company’s stock valued at $709,000 after acquiring an additional 52 shares in the last quarter. Finally, Auxano Advisors LLC raised its position in Marathon Petroleum by 2.1% during the fourth quarter. Auxano Advisors LLC now owns 2,630 shares of the oil and gas company’s stock worth $428,000 after acquiring an additional 55 shares during the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.

Insider Activity

In other news, insider Ricky D. Hessling sold 1,626 shares of the stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $228.18, for a total value of $371,020.68. Following the sale, the insider directly owned 7,525 shares in the company, valued at $1,717,054.50. This represents a 17.77% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold a total of 4,473 shares of company stock valued at $1,015,428 over the last quarter. 0.17% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. Citigroup boosted their price objective on shares of Marathon Petroleum from $182.00 to $210.00 and gave the company a “neutral” rating in a research report on Monday, February 9th. Jefferies Financial Group decreased their price target on shares of Marathon Petroleum from $216.00 to $205.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Mizuho boosted their price target on Marathon Petroleum from $205.00 to $224.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. BMO Capital Markets raised their price objective on Marathon Petroleum from $225.00 to $230.00 and gave the stock an “outperform” rating in a report on Tuesday, March 3rd. Finally, Raymond James Financial lifted their target price on Marathon Petroleum from $205.00 to $210.00 and gave the company an “outperform” rating in a research report on Friday, January 23rd. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $205.44.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Marathon Petroleum Company Profile

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.