Crossmark Global Holdings Inc. Has $11.59 Million Stake in Marathon Petroleum Corporation $MPC

Crossmark Global Holdings Inc. grew its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC) by 7.9% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 71,292 shares of the oil and gas company’s stock after acquiring an additional 5,210 shares during the quarter. Crossmark Global Holdings Inc.’s holdings in Marathon Petroleum were worth $11,594,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Associated Banc Corp raised its stake in Marathon Petroleum by 2.1% during the third quarter. Associated Banc Corp now owns 2,475 shares of the oil and gas company’s stock worth $477,000 after acquiring an additional 52 shares in the last quarter. Fifth Third Wealth Advisors LLC increased its stake in shares of Marathon Petroleum by 0.6% in the fourth quarter. Fifth Third Wealth Advisors LLC now owns 10,287 shares of the oil and gas company’s stock valued at $1,673,000 after buying an additional 57 shares during the period. Legacy Bridge LLC increased its stake in shares of Marathon Petroleum by 12.5% in the fourth quarter. Legacy Bridge LLC now owns 523 shares of the oil and gas company’s stock valued at $85,000 after buying an additional 58 shares during the period. CoreCap Advisors LLC increased its stake in shares of Marathon Petroleum by 2.6% in the third quarter. CoreCap Advisors LLC now owns 2,363 shares of the oil and gas company’s stock valued at $456,000 after buying an additional 59 shares during the period. Finally, Koshinski Asset Management Inc. increased its stake in shares of Marathon Petroleum by 0.7% in the fourth quarter. Koshinski Asset Management Inc. now owns 8,116 shares of the oil and gas company’s stock valued at $1,320,000 after buying an additional 59 shares during the period. Institutional investors and hedge funds own 76.77% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the company. Barclays upped their price objective on Marathon Petroleum from $230.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday. Weiss Ratings downgraded Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a research note on Wednesday. Jefferies Financial Group upped their price objective on Marathon Petroleum from $263.00 to $279.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Piper Sandler upped their price objective on Marathon Petroleum from $197.00 to $228.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, BMO Capital Markets upped their price objective on Marathon Petroleum from $230.00 to $255.00 and gave the company an “outperform” rating in a research note on Tuesday, April 7th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eight have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $257.25.

Insider Buying and Selling

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,626 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $228.18, for a total transaction of $371,020.68. Following the transaction, the insider directly owned 7,525 shares in the company, valued at approximately $1,717,054.50. This represents a 17.77% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 4,473 shares of company stock valued at $1,015,428 in the last quarter. Corporate insiders own 0.17% of the company’s stock.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: Marathon Petroleum reported a strong earnings beat, with EPS coming in 110% above expectations, reinforcing the view that the company’s refining business is performing well. Marathon Petroleum Corporation Just Beat EPS By 110%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Goldman Sachs raised its price target on MPC to $291 from $264 and kept a buy rating, suggesting meaningful upside from current levels. Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $264.00 to $291.00.
• Positive Sentiment: JPMorgan also lifted its price target on Marathon Petroleum to $257 from $235, adding to the positive analyst momentum around the stock. Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $235.00 to $257.00.
• Positive Sentiment: TD Cowen reportedly raised its price target on MPC to $320, further reinforcing the bullish valuation case. Marathon Petroleum (NYSE:MPC) Price Target Raised to $320.00 at TD Cowen
• Neutral Sentiment: Zacks and Yahoo Finance highlighted MPC as a momentum stock with strong earnings surprises and bullish price trends, which may support trader interest but does not add new company-specific fundamentals. Zacks.com featured highlights include The Vita Coco Company, Indivior Pharmaceuticals and Marathon Petroleum
• Neutral Sentiment: Marathon Petroleum was also included in another “best momentum stocks” roundup, again reflecting positive market sentiment rather than a new operational update. 3 Best Momentum Stocks to Buy Now for Big Upside in May 2026
• Neutral Sentiment: A separate analysis said Marathon Petroleum’s buyback expansion and refinery projects support its valuation story, citing stronger quarterly results and a larger repurchase program. Marathon Petroleum Buyback Expansion And Refinery Projects Underpin Valuation Story

Marathon Petroleum Stock Performance

Shares of MPC stock opened at $245.02 on Friday. The business’s 50 day simple moving average is $229.28 and its 200 day simple moving average is $200.99. Marathon Petroleum Corporation has a one year low of $149.65 and a one year high of $261.61. The stock has a market capitalization of $71.53 billion, a PE ratio of 15.99, a PEG ratio of 0.35 and a beta of 0.53. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.74.

Marathon Petroleum (NYSE:MPC) last announced its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, beating the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The business had revenue of $34.20 billion for the quarter, compared to analysts’ expectations of $33.42 billion. During the same period in the prior year, the business posted ($0.24) earnings per share. The firm’s revenue was up 8.5% on a year-over-year basis. As a group, research analysts forecast that Marathon Petroleum Corporation will post 28.83 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $1.00 dividend. The ex-dividend date is Wednesday, May 20th. This represents a $4.00 annualized dividend and a yield of 1.6%. Marathon Petroleum’s dividend payout ratio is presently 26.11%.

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.