Rep. David Taylor Sells 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 October 1st, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on September 22nd. 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 Home Depot (NYSE:HD) on 9/22/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 9/22/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 9/8/2026.
• Purchased $1,001 – $15,000 in shares of Procter & Gamble (NYSE:PG) on 9/8/2026.
• Sold $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Vertex Pharmaceuticals (NASDAQ:VRTX) on 8/26/2026.
• Sold $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 8/26/2026.
• Purchased $1,001 – $15,000 in shares of American Electric Power (NASDAQ:AEP) on 8/26/2026.

Marathon Petroleum Stock Performance

MPC opened at $421.93 on Friday. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19. The stock’s 50 day moving average price is $367.08 and its two-hundred day moving average price is $293.45. The firm has a market capitalization of $123.18 billion, a P/E ratio of 14.50, a price-to-earnings-growth ratio of 0.13 and a beta of 0.54. Marathon Petroleum Corporation has a 12-month low of $161.93 and a 12-month high of $431.08.

Marathon Petroleum (NYSE:MPC) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. The company had revenue of $51.99 billion during the quarter, compared to analyst estimates of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The company’s quarterly revenue was up 53.5% compared to the same quarter last year. During the same period in the previous year, the company earned $3.96 earnings per share. On average, equities analysts forecast that Marathon Petroleum Corporation will post 59.15 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th were issued a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $4.00 dividend on an annualized basis and a yield of 0.9%. Marathon Petroleum’s dividend payout ratio (DPR) is 13.75%.

Insiders Place Their Bets

In related news, insider Molly R. Benson sold 17,196 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $358.57, for a total value of $6,165,969.72. Following the sale, the insider directly owned 30,334 shares in the company, valued at $10,876,862.38. This trade represents a 36.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 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. The trade was a 16.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 21,691 shares of company stock worth $7,780,127. Insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts recently commented on MPC shares. Raymond James Financial upped their target price on shares of Marathon Petroleum from $350.00 to $445.00 and gave the company an “outperform” rating in a research note on Monday, September 14th. BMO Capital Markets restated an “outperform” rating on shares of Marathon Petroleum in a research report on Friday, June 12th. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Piper Sandler increased their target price on shares of Marathon Petroleum from $344.00 to $462.00 and gave the company an “overweight” rating in a research note on Thursday, September 3rd. Finally, Morgan Stanley lifted their target price on Marathon Petroleum from $265.00 to $453.00 and gave the stock an “overweight” rating in a research report on Monday, September 14th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have issued a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $370.38.

Institutional Investors Weigh In On Marathon Petroleum

Several institutional investors and hedge funds have recently bought and sold shares of MPC. Polaris Financial Partners bought a new stake in shares of Marathon Petroleum during the 3rd quarter valued at $71,000. CX Institutional boosted its position in shares of Marathon Petroleum by 142.5% in the 3rd quarter. CX Institutional now owns 39,497 shares of the oil and gas company’s stock worth $15,618,000 after purchasing an additional 23,210 shares during the last quarter. Versant Capital Management Inc grew its stake in shares of Marathon Petroleum by 4.8% during the third quarter. Versant Capital Management Inc now owns 1,708 shares of the oil and gas company’s stock worth $675,000 after purchasing an additional 78 shares during the period. Montecito Bank & Trust bought a new stake in Marathon Petroleum in the third quarter valued at about $301,000. Finally, Greenwich Wealth Management LLC bought a new stake in Marathon Petroleum in the second quarter valued at about $202,000. Institutional investors own 76.77% of the company’s stock.

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.

About Marathon Petroleum

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, jet fuel, asphalt, propane and other refined products used by consumers, businesses and industrial customers.

Marathon Petroleum operates refineries and related logistics assets in the United States, with a refining and marketing presence serving markets across the Midwest, Gulf Coast and West Coast.