Marathon Petroleum Corporation $MPC Shares Bought by Kestra Advisory Services LLC

Kestra Advisory Services LLC raised its stake in shares of Marathon Petroleum Corporation (NYSE:MPC) by 5.9% during the 3rd quarter, Holdings Channel reports. The institutional investor owned 64,989 shares of the oil and gas company’s stock after buying an additional 3,613 shares during the period. Kestra Advisory Services LLC’s holdings in Marathon Petroleum were worth $25,698,000 at the end of the most recent reporting period.

A number of other institutional investors also recently made changes to their positions in MPC. Focus Financial Network Inc. raised its position in Marathon Petroleum by 2.0% in the third quarter. Focus Financial Network Inc. now owns 1,066 shares of the oil and gas company’s stock worth $422,000 after acquiring an additional 21 shares in the last quarter. CRA Financial Services LLC boosted its position in shares of Marathon Petroleum by 1.2% during the 3rd quarter. CRA Financial Services LLC now owns 1,844 shares of the oil and gas company’s stock valued at $729,000 after purchasing an additional 21 shares in the last quarter. Avior Wealth Management LLC grew its stake in shares of Marathon Petroleum by 1.0% in the 3rd quarter. Avior Wealth Management LLC now owns 2,130 shares of the oil and gas company’s stock worth $842,000 after purchasing an additional 22 shares during the last quarter. Physician Wealth Advisors Inc. grew its stake in shares of Marathon Petroleum by 7.8% in the 3rd quarter. Physician Wealth Advisors Inc. now owns 316 shares of the oil and gas company’s stock worth $125,000 after purchasing an additional 23 shares during the last quarter. Finally, Global Assets Advisory LLC raised its holdings in shares of Marathon Petroleum by 1.6% in the 3rd quarter. Global Assets Advisory LLC now owns 1,442 shares of the oil and gas company’s stock worth $630,000 after purchasing an additional 23 shares in the last quarter. 76.77% of the stock is owned by institutional investors and hedge funds.

Marathon Petroleum Price Performance

MPC stock opened at $372.48 on Friday. Marathon Petroleum Corporation has a one year low of $161.93 and a one year high of $493.98. The firm has a 50-day moving average of $421.69 and a two-hundred day moving average of $295.35. The firm has a market capitalization of $101.42 billion, a PE ratio of 12.80, a P/E/G ratio of 0.10 and a beta of 0.53. The company has a current ratio of 1.45, a quick ratio of 0.89 and a debt-to-equity ratio of 1.10.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. The business had revenue of $56.03 billion for the quarter, compared to analyst estimates of $46.60 billion. Marathon Petroleum had a net margin of 8.27% and a return on equity of 55.82%. The firm’s revenue was up 57.6% compared to the same quarter last year. During the same quarter in the previous year, the business earned $3.01 earnings per share. On average, analysts forecast that Marathon Petroleum Corporation will post 66.31 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.1%. The ex-dividend date of this dividend is Wednesday, November 18th. Marathon Petroleum’s payout ratio is 13.75%.

Analyst Upgrades and Downgrades

MPC has been the subject of several recent research reports. Morgan Stanley increased their target price on shares of Marathon Petroleum from $453.00 to $458.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings upgraded shares of Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a research report on Thursday, October 8th. Raymond James Financial upped their price target on Marathon Petroleum from $350.00 to $445.00 and gave the company an “outperform” rating in a report on Monday, September 14th. The Goldman Sachs Group increased their price objective on Marathon Petroleum from $376.00 to $472.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Finally, Bank of America raised their price objective on Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a research note on Friday, October 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $425.12.

Marathon Petroleum News Summary

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

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Insider Activity

In other news, insider Molly Benson sold 17,196 shares of the stock in a transaction on Monday, August 17th. The stock was sold at an average price of $358.57, for a total value of $6,165,969.72. Following the completion of the sale, the insider owned 30,334 shares in the company, valued at $10,876,862.38. This represents a 36.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, SVP Shawn Lyon sold 1,000 shares of the firm’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $375.75, for a total value of $375,750.00. Following the completion of the sale, the senior vice president directly owned 11,194 shares of the company’s stock, valued at approximately $4,206,145.50. This trade represents a 8.20% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 21,691 shares of company stock worth $7,780,127 over the last quarter. Corporate insiders own 0.17% of the company’s stock.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.