Investment Analysts’ Recent Ratings Updates for Marathon Petroleum (MPC)

Several brokerages have updated their recommendations and price targets on shares of Marathon Petroleum (NYSE: MPC) in the last few weeks:

• 7/23/2026 – Marathon Petroleum had its “overweight” rating reaffirmed by Piper Sandler. They now have a $343.00 price target on the stock.
• 7/22/2026 – Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $291.00 to $376.00. They now have a “buy” rating on the stock.
• 7/21/2026 – Marathon Petroleum had its price target raised by TD Cowen from $315.00 to $357.00. They now have a “buy” rating on the stock.
• 7/14/2026 – Marathon Petroleum had its price target raised by Citigroup Inc. from $257.00 to $303.00. They now have a “neutral” rating on the stock.
• 7/13/2026 – Marathon Petroleum had its price target raised by Raymond James Financial, Inc. from $300.00 to $335.00. They now have an “outperform” rating on the stock.
• 7/13/2026 – Marathon Petroleum had its price target raised by Barclays PLC from $270.00 to $289.00. They now have an “overweight” rating on the stock.
• 7/12/2026 – Marathon Petroleum was given a new $335.00 price target by Jefferies Financial Group Inc.. They now have a “buy” rating on the stock.
• 7/10/2026 – Marathon Petroleum had its “buy” rating reaffirmed by UBS Group AG. They now have a $321.00 price target on the stock.
• 7/6/2026 – Marathon Petroleum was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 6/29/2026 – Marathon Petroleum had its price target lowered by TD Cowen from $320.00 to $315.00. They now have a “buy” rating on the stock.
• 6/17/2026 – Marathon Petroleum was downgraded by Zacks Research from “strong-buy” to “hold”.
• 6/15/2026 – Marathon Petroleum had its “overweight” rating reaffirmed by Wells Fargo & Company. They now have a $344.00 price target on the stock.
• 6/12/2026 – Marathon Petroleum had its “outperform” rating reaffirmed by BMO Capital Markets.
• 6/12/2026 – Marathon Petroleum had its price target raised by Morgan Stanley from $233.00 to $265.00. They now have an “overweight” rating on the stock.
• 6/12/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company from $335.00 to $344.00.
• 6/10/2026 – Marathon Petroleum had its price target raised by Raymond James Financial, Inc. from $285.00 to $300.00. They now have an “outperform” rating on the stock.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th will be issued a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $4.00 dividend on an annualized basis and a yield of 1.3%. Marathon Petroleum’s dividend payout ratio (DPR) is currently 26.11%.

Insider Buying and Selling

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the completion of the transaction, the vice president directly owned 16,900 shares in the company, valued at $4,543,058. The trade was a 27.27% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.17% of the stock is currently owned by insiders.

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.