3,953 Marathon Petroleum Corporation $MPC Shares Sold by Profund Advisors LLC

Profund Advisors LLC reduced its stake in shares of Marathon Petroleum Corporation (NYSE:MPC) by 29.4% during the 3rd quarter, HoldingsChannel reports. The firm owned 9,487 shares of the oil and gas company’s stock after selling 3,953 shares during the quarter. Profund Advisors LLC’s holdings in Marathon Petroleum were worth $3,751,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of MPC. Vontobel Holding Ltd. grew its stake in shares of Marathon Petroleum by 23.2% in the third quarter. Vontobel Holding Ltd. now owns 14,025 shares of the oil and gas company’s stock valued at $5,546,000 after buying an additional 2,637 shares in the last quarter. Energy Income Partners LLC purchased a new stake in shares of Marathon Petroleum in the 2nd quarter valued at approximately $4,912,000. Evolve Private Wealth LLC acquired a new stake in Marathon Petroleum in the second quarter valued at $673,000. Railway Pension Investments Ltd acquired a new stake in shares of Marathon Petroleum during the 2nd quarter worth about $3,886,000. Finally, Sax Wealth Advisors LLC boosted its holdings in shares of Marathon Petroleum by 471.0% in the 3rd quarter. Sax Wealth Advisors LLC now owns 18,705 shares of the oil and gas company’s stock valued at $7,396,000 after buying an additional 15,429 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

More Marathon Petroleum News

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

• Positive Sentiment: Dividend raised 10%: Marathon Petroleum increased its quarterly dividend from $1.00 to $1.10 per share, payable December 10 to shareholders of record November 18. The increase signals confidence in cash generation and strengthens the stock’s shareholder-return appeal. Marathon Petroleum Corp. Increases Quarterly Dividend
• Positive Sentiment: Positive pre-earnings expectations: Analysts and financial commentary describe MPC as a potentially attractive value and momentum stock ahead of its November 3 results. Investors are watching whether refining profitability, revenue and other operating metrics can exceed elevated expectations. This Is Why MPC Stock Is a Smart Buy Before Q3 Earnings Release
• Positive Sentiment: Strong momentum and valuation support: Zacks identifies MPC as a strong momentum stock, while other coverage highlights its growth potential and comparatively attractive PEG-based valuation. These signals may be encouraging additional buying interest. Here’s Why Marathon Petroleum Is a Strong Momentum Stock
• Neutral Sentiment: Board appointment: David E. Constable will join MPC’s board effective March 1, 2027. The appointment could add strategic or governance expertise, but its near-term earnings impact is unclear. David Constable to Join Marathon Petroleum Board
• Negative Sentiment: Profit-taking and earnings risks: ETFs were net sellers of MPC, while commentary warns that pressured refining margins and gasoline markets could disappoint after the stock’s substantial rally. Even a quarterly earnings beat may trigger selling if results or guidance fail to exceed high expectations. Marathon Petroleum’s November 3 Earnings Red Flags

Insider Transactions at Marathon Petroleum

In other Marathon Petroleum news, SVP Shawn M. Lyon sold 2,500 shares of the stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $350.00, for a total transaction of $875,000.00. Following the transaction, the senior vice president owned 12,619 shares of the company’s stock, valued at $4,416,650. This trade represents a 16.54% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Molly R. Benson sold 17,196 shares of the stock in a transaction that occurred on Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the transaction, the insider directly owned 30,334 shares in the company, valued at approximately $10,876,862.38. This represents a 36.18% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 21,691 shares of company stock worth $7,780,127 in the last three months. Company insiders own 0.17% of the company’s stock.

Marathon Petroleum Stock Up 2.9%

MPC stock opened at $444.92 on Friday. The stock has a market capitalization of $129.89 billion, a P/E ratio of 15.29, a PEG ratio of 0.12 and a beta of 0.54. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 1.25. Marathon Petroleum Corporation has a one year low of $161.93 and a one year high of $493.98. The company has a 50 day moving average price of $417.80 and a two-hundred day moving average price of $289.77.

Marathon Petroleum (NYSE:MPC) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The company had revenue of $51.99 billion for the quarter, compared to analyst estimates of $40.87 billion. During the same quarter in the prior year, the company posted $3.96 EPS. The business’s revenue for the quarter was up 53.5% compared to the same quarter last year. As a group, sell-side analysts expect that Marathon Petroleum Corporation will post 64.12 EPS for the current year.

Marathon Petroleum Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 0.9%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

Wall Street Analysts Forecast Growth

MPC has been the topic of several research analyst reports. Citigroup lifted their price target on Marathon Petroleum from $318.00 to $518.00 and gave the stock a “neutral” rating in a research report on Tuesday, October 13th. Evercore set a $330.00 price target on Marathon Petroleum in a research note on Wednesday, August 5th. Mizuho raised their target price on shares of Marathon Petroleum from $304.00 to $457.00 and gave the company a “neutral” rating in a report on Thursday, October 8th. The Goldman Sachs Group lifted their target price on shares of Marathon Petroleum from $376.00 to $472.00 and gave the stock a “buy” rating in a research report on Monday, September 21st. Finally, TD Cowen upped their price target on shares of Marathon Petroleum from $450.00 to $478.00 and gave the company a “buy” rating in a report on Thursday, October 22nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $424.31.

About Marathon Petroleum

Marathon Petroleum Corporation (NYSE:MPC) is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum’s refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.