Aristeia Capital L.L.C. purchased a new position in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm purchased 36,155 shares of the oil and gas company’s stock, valued at approximately $5,880,000.
Other hedge funds also recently modified their holdings of the company. Brighton Jones LLC increased its stake in Marathon Petroleum by 30.9% in the fourth quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock valued at $696,000 after purchasing an additional 1,178 shares in the last quarter. Woodline Partners LP increased its position in Marathon Petroleum by 38.3% in the 1st quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock valued at $3,889,000 after buying an additional 7,396 shares in the last quarter. Sivia Capital Partners LLC raised its stake in Marathon Petroleum by 26.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock worth $369,000 after buying an additional 466 shares during the period. Marshall Wace LLP bought a new stake in shares of Marathon Petroleum during the second quarter valued at approximately $8,505,000. Finally, AXA S.A. raised its position in shares of Marathon Petroleum by 46.7% during the second quarter. AXA S.A. now owns 39,675 shares of the oil and gas company’s stock worth $6,590,000 after purchasing an additional 12,639 shares during the period. Institutional investors own 76.77% of the company’s stock.
Wall Street Analysts Forecast Growth
Several analysts recently issued reports on the stock. Weiss Ratings downgraded shares of Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a research report on Wednesday, May 6th. Jefferies Financial Group raised their price objective on shares of Marathon Petroleum from $279.00 to $296.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Scotiabank boosted their target price on shares of Marathon Petroleum from $174.00 to $210.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $344.00 price target on shares of Marathon Petroleum in a research report on Monday. Finally, Barclays lifted their price target on Marathon Petroleum from $230.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday, May 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have given a Hold rating to the company’s stock. According to MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $272.94.
Marathon Petroleum News Summary
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
Marathon Petroleum Trading Down 2.3%
NYSE:MPC opened at $244.63 on Thursday. Marathon Petroleum Corporation has a 52 week low of $158.00 and a 52 week high of $272.46. The firm has a 50-day moving average price of $244.99 and a two-hundred day moving average price of $213.77. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.73 and a current ratio of 1.18. The firm has a market cap of $71.42 billion, a price-to-earnings ratio of 15.97, a price-to-earnings-growth ratio of 0.38 and a beta of 0.52.
Marathon Petroleum (NYSE:MPC – Get Free Report) last released its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.74 by $0.91. The company had revenue of $34.20 billion during the quarter, compared to analyst estimates of $33.42 billion. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.Marathon Petroleum’s quarterly revenue was up 8.5% on a year-over-year basis. During the same period in the prior year, the company posted ($0.24) earnings per share. On average, equities analysts expect that Marathon Petroleum Corporation will post 31.95 earnings per share for the current fiscal year.
Marathon Petroleum Announces Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.6%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is 26.11%.
Insider Activity
In other news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the completion of the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.17% of the stock is currently owned by corporate insiders.
About Marathon Petroleum
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.
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