Marathon Petroleum Corporation $MPC Stock: Nippon Life Global Investors Americas Inc. Reduces Position

Nippon Life Global Investors Americas Inc. decreased its position in Marathon Petroleum Corporation (NYSE:MPC) by 58.0% in the 3rd quarter, Holdings Channel.com reports. The fund owned 41,980 shares of the oil and gas company’s stock after selling 58,040 shares during the period. Nippon Life Global Investors Americas Inc.’s holdings in Marathon Petroleum were worth $16,600,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. MeadowBrook Investment Advisors LLC acquired a new position in Marathon Petroleum during the 3rd quarter worth $47,000. Sumitomo Mitsui Trust Group Inc. increased its holdings in shares of Marathon Petroleum by 2.9% during the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 650,809 shares of the oil and gas company’s stock valued at $257,343,000 after purchasing an additional 18,271 shares during the period. Mirae Asset Global Investments Co. Ltd. acquired a new position in shares of Marathon Petroleum during the third quarter valued at $32,243,000. ProShare Advisors LLC raised its position in shares of Marathon Petroleum by 0.3% during the 3rd quarter. ProShare Advisors LLC now owns 55,907 shares of the oil and gas company’s stock worth $22,107,000 after buying an additional 154 shares in the last quarter. Finally, Vise Technologies Inc. lifted its stake in shares of Marathon Petroleum by 16.0% in the 3rd quarter. Vise Technologies Inc. now owns 23,922 shares of the oil and gas company’s stock worth $9,459,000 after acquiring an additional 3,294 shares during the period. Institutional investors and hedge funds own 76.77% of the company’s stock.

Marathon Petroleum Stock Performance

Shares of Marathon Petroleum stock opened at $444.92 on Monday. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $493.98. 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 has a market cap of $129.89 billion, a PE ratio of 15.29, a price-to-earnings-growth ratio of 0.12 and a beta of 0.53. The business has a fifty day simple moving average of $417.80 and a 200-day simple moving average of $289.77.

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

Marathon Petroleum Announces Dividend

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

Key Headlines Impacting Marathon Petroleum

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

Analyst Upgrades and Downgrades

MPC has been the topic of several recent analyst reports. Bank of America boosted their target price on Marathon Petroleum from $410.00 to $426.00 and gave the stock a “neutral” rating in a report on Friday, October 2nd. Zacks Research upgraded Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. Mizuho boosted their price objective on Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a research note on Thursday, October 8th. Piper Sandler upped their price objective on Marathon Petroleum from $344.00 to $462.00 and gave the company an “overweight” rating in a report on Thursday, September 3rd. Finally, Jefferies Financial Group reaffirmed a “hold” rating and set a $433.00 target price on shares of Marathon Petroleum in a research note on Sunday, October 11th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the company. According to MarketBeat, Marathon Petroleum presently has an average rating of “Moderate Buy” and a consensus target price of $424.31.

Insider Buying and Selling

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

Marathon Petroleum Profile

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.