Corigliano Investment Advisers LLC Takes $12.39 Million Position in Marathon Petroleum Corporation $MPC

Corigliano Investment Advisers LLC purchased a new position in Marathon Petroleum Corporation (NYSE:MPC) in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 76,200 shares of the oil and gas company’s stock, valued at approximately $12,392,000. Marathon Petroleum makes up 4.4% of Corigliano Investment Advisers LLC’s holdings, making the stock its 7th biggest position.

A number of other hedge funds and other institutional investors have also recently modified their holdings of MPC. Navalign LLC bought a new stake in Marathon Petroleum during the fourth quarter valued at about $30,000. Kohmann Bosshard Financial Services LLC bought a new position in shares of Marathon Petroleum during the 4th quarter valued at approximately $31,000. Berbice Capital Management LLC lifted its holdings in shares of Marathon Petroleum by 100.0% in the 4th quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock valued at $33,000 after acquiring an additional 100 shares during the last quarter. WFA of San Diego LLC purchased a new position in Marathon Petroleum during the second quarter worth $33,000. Finally, Ares Financial Consulting LLC purchased a new position in shares of Marathon Petroleum during the fourth quarter valued at approximately $34,000. 76.77% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

MPC has been the topic of several research analyst reports. Raymond James Financial increased their price objective on Marathon Petroleum from $285.00 to $300.00 and gave the stock an “outperform” rating in a research note on Wednesday, June 10th. The Goldman Sachs Group boosted their price target on Marathon Petroleum from $264.00 to $291.00 and gave the company a “buy” rating in a research note on Thursday, May 7th. Barclays raised their target price on Marathon Petroleum from $230.00 to $270.00 and gave the stock an “overweight” rating in a report on Wednesday, May 6th. Citigroup upped their target price on Marathon Petroleum from $243.00 to $257.00 and gave the stock a “neutral” rating in a research note on Wednesday, May 6th. Finally, JPMorgan Chase & Co. increased their price objective on Marathon Petroleum from $235.00 to $257.00 in a research note on Wednesday, May 6th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $272.94.

Marathon Petroleum Trading Down 2.3%

MPC opened at $244.63 on Thursday. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31. The firm has a market cap of $71.42 billion, a P/E ratio of 15.97, a P/E/G ratio of 0.38 and a beta of 0.52. The business has a fifty day simple moving average of $244.99 and a 200-day simple moving average of $213.77. Marathon Petroleum Corporation has a 52 week low of $158.00 and a 52 week high of $272.46.

Marathon Petroleum (NYSE:MPC) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.74 by $0.91. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The company had revenue of $34.20 billion for the quarter, compared to analyst estimates of $33.42 billion. During the same period in the prior year, the business earned ($0.24) EPS. The firm’s quarterly revenue was up 8.5% on a year-over-year basis. On average, equities analysts expect that Marathon Petroleum Corporation will post 31.95 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders 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 1.6%. The ex-dividend date of this dividend was Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is currently 26.11%.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Marathon Petroleum was added to Zacks’ Rank #1 (Strong Buy) growth stocks list, reinforcing a bullish growth outlook for the refining company. Best Growth Stocks to Buy for June 16th
• Positive Sentiment: Wells Fargo reaffirmed its Buy rating on Marathon Petroleum, which can help support investor confidence in the stock. Wells Fargo Reaffirms Their Buy Rating on Marathon Petroleum (MPC)
• Positive Sentiment: One recent analysis said MPC may still be undervalued despite its strong multi-month performance, suggesting upside remains if fundamentals hold up. Marathon Petroleum (MPC) Stock Could Be 5.5% Undervalued Despite Its Strong Run
• Neutral Sentiment: Marathon Petroleum announced it will report second-quarter 2026 financial results on August 4, giving investors a future catalyst but no immediate operational surprise. Marathon Petroleum Corp. to Report Second-Quarter Financial Results on August 4, 2026
• Neutral Sentiment: Recent coverage comparing MPC with Delek and reviewing its move alongside the energy sector did not include a company-specific catalyst, but it reflects ongoing investor focus on refining peers and sector trends. Delek vs. Marathon Petroleum: Which Stock Offers Better Refining Bet?
• Negative Sentiment: The stock has recently pulled back more than the broader market, which appears to be weighing on near-term trading despite the longer-term bullish backdrop. Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
• Negative Sentiment: Coverage noted that MPC is facing a new oil-market backdrop as the Strait of Hormuz reopens, which could reduce the urgency of the geopolitical supply concerns that had supported energy names. Marathon Petroleum (MPC) Faces A New Oil Reality As The Strait Of Hormuz Reopens

Insider Activity at Marathon Petroleum

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

Marathon Petroleum 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.