Truist Financial Corp Decreases Stake in Marathon Petroleum Corporation $MPC

Truist Financial Corp lowered its stake in Marathon Petroleum Corporation (NYSE:MPC) by 5.4% in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 55,678 shares of the oil and gas company’s stock after selling 3,199 shares during the period. Truist Financial Corp’s holdings in Marathon Petroleum were worth $9,055,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Kohmann Bosshard Financial Services LLC purchased a new position in shares of Marathon Petroleum in the fourth quarter worth $31,000. WFA of San Diego LLC purchased a new position in shares of Marathon Petroleum in the second quarter worth $33,000. Ares Financial Consulting LLC purchased a new position in shares of Marathon Petroleum in the fourth quarter worth $34,000. Rialto Wealth Management LLC raised its holdings in shares of Marathon Petroleum by 721.4% in the fourth quarter. Rialto Wealth Management LLC now owns 230 shares of the oil and gas company’s stock worth $37,000 after buying an additional 202 shares during the last quarter. Finally, Lodestone Wealth Management LLC purchased a new position in shares of Marathon Petroleum in the fourth quarter worth $38,000. Hedge funds and other institutional investors own 76.77% of the company’s stock.

Analyst Ratings Changes

MPC has been the subject of a number of research analyst reports. Piper Sandler raised their price target on shares of Marathon Petroleum from $197.00 to $228.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Morgan Stanley raised their target price on shares of Marathon Petroleum from $200.00 to $233.00 and gave the stock an “overweight” rating in a report on Friday, April 24th. Weiss Ratings cut shares of Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. Jefferies Financial Group raised their target price on shares of Marathon Petroleum from $263.00 to $279.00 and gave the stock a “buy” rating in a report on Monday, April 13th. Finally, Mizuho raised their target price on shares of Marathon Petroleum from $205.00 to $224.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Marathon Petroleum has a consensus rating of “Moderate Buy” and a consensus price target of $257.25.

Marathon Petroleum Trading Up 1.1%

Shares of Marathon Petroleum stock opened at $245.02 on Friday. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.74. The firm has a fifty day moving average price of $229.28 and a 200 day moving average price of $200.99. Marathon Petroleum Corporation has a 1 year low of $149.65 and a 1 year high of $261.61. The stock has a market cap of $71.53 billion, a PE ratio of 15.99, a price-to-earnings-growth ratio of 0.34 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.74 by $0.91. The firm had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The firm’s revenue was up 8.5% compared to the same quarter last year. During the same quarter last year, the company posted ($0.24) earnings per share. Equities research analysts predict that Marathon Petroleum Corporation will post 27.28 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio (DPR) is currently 26.11%.

Marathon Petroleum News Roundup

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

Insider Buying and Selling

In related news, insider Ricky D. Hessling sold 1,626 shares of the firm’s stock in a transaction on Friday, March 13th. The shares were sold at an average price of $228.18, for a total transaction of $371,020.68. Following the sale, the insider owned 7,525 shares in the company, valued at approximately $1,717,054.50. This trade represents a 17.77% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 4,473 shares of company stock worth $1,015,428 in the last quarter. 0.17% of the stock is currently owned by company 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.