Bokf Na Acquires 15,012 Shares of Mplx Lp $MPLX

Bokf Na lifted its holdings in Mplx Lp (NYSE:MPLX) by 148.0% in the 3rd quarter, according to its most recent filing with the SEC. The firm owned 25,155 shares of the pipeline company’s stock after purchasing an additional 15,012 shares during the period. Bokf Na’s holdings in Mplx were worth $1,417,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Advus Financial Partners LLC increased its holdings in Mplx by 3.2% during the second quarter. Advus Financial Partners LLC now owns 6,191 shares of the pipeline company’s stock valued at $349,000 after buying an additional 191 shares during the period. Concurrent Investment Advisors LLC raised its stake in Mplx by 1.4% in the second quarter. Concurrent Investment Advisors LLC now owns 14,069 shares of the pipeline company’s stock worth $793,000 after buying an additional 198 shares in the last quarter. Sei Investments Co. raised its stake in Mplx by 0.9% in the first quarter. Sei Investments Co. now owns 22,175 shares of the pipeline company’s stock worth $1,266,000 after buying an additional 201 shares in the last quarter. Assetmark Inc. lifted its holdings in Mplx by 81.5% during the first quarter. Assetmark Inc. now owns 559 shares of the pipeline company’s stock worth $32,000 after buying an additional 251 shares during the period. Finally, Washington Trust Advisors Inc. lifted its holdings in Mplx by 4.1% during the second quarter. Washington Trust Advisors Inc. now owns 7,020 shares of the pipeline company’s stock worth $395,000 after buying an additional 275 shares during the period. 24.25% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

Several analysts have issued reports on the company. Wells Fargo & Company increased their target price on Mplx from $61.00 to $63.00 and gave the company an “overweight” rating in a research report on Wednesday, August 5th. Royal Bank Of Canada upped their price objective on Mplx from $60.00 to $64.00 and gave the stock an “outperform” rating in a research note on Friday, August 21st. JPMorgan Chase & Co. began coverage on Mplx in a research note on Tuesday, October 20th. They set a “neutral” rating and a $62.00 price objective for the company. Barclays raised their price objective on Mplx from $59.00 to $63.00 and gave the company an “overweight” rating in a research report on Thursday, August 6th. Finally, Wolfe Research lowered Mplx from an “outperform” rating to a “peer perform” rating in a research note on Wednesday, July 29th. One research analyst has rated the stock with a Strong Buy rating, six have given a Buy rating and seven have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $63.80.

Mplx Stock Performance

Shares of MPLX stock opened at $60.25 on Friday. The business’s fifty day simple moving average is $58.38 and its 200-day simple moving average is $57.22. The company has a market cap of $61.09 billion, a PE ratio of 12.96, a PEG ratio of 5.73 and a beta of 0.49. The company has a current ratio of 0.89, a quick ratio of 0.83 and a debt-to-equity ratio of 1.71. Mplx Lp has a 12-month low of $50.22 and a 12-month high of $60.95.

Mplx (NYSE:MPLX) last posted its quarterly earnings data on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share for the quarter, hitting analysts’ consensus estimates of $1.06. The firm had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.14 billion. Mplx had a return on equity of 32.83% and a net margin of 35.75%. The business’s quarterly revenue was up 10.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.03 EPS. Analysts expect that Mplx Lp will post 4.25 earnings per share for the current fiscal year.

Mplx Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be paid a dividend of $1.2111 per share. The ex-dividend date is Friday, November 6th. This is a positive change from Mplx’s previous quarterly dividend of $1.0765. This represents a $4.84 dividend on an annualized basis and a dividend yield of 8.0%. Mplx’s payout ratio is presently 92.69%.

Key Stories Impacting Mplx

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Distribution increased substantially: MPLX announced a 12.5% increase in its third-quarter 2026 distribution to $1.2111 per unit. The higher payout reinforces the stock’s income appeal and may be supporting investor demand. MPLX Announces 12.5% Increase in Q3 2026 Distribution
• Positive Sentiment: Board additions may strengthen governance: Micheal G. Dunn and Bruce L. Niemeyer were elected to the board of MPLX’s general partner, effective November 1. The company described the appointments as strengthening board leadership; the directors’ industry experience could modestly improve investor confidence. MPLX LP Announces Election of Two New Directors
• Neutral Sentiment: Market-relative strength: MPLX rose as the broader market declined, reaching $59.89 in the latest cited session. The move indicates favorable relative performance, although the reports provide limited evidence of a new operating catalyst beyond the distribution announcement. MPLX Rises As Market Takes a Dip
• Negative Sentiment: Cautious earnings outlook: US Capital Advisors trimmed its 2026 MPLX earnings-per-share forecast to $4.05 from $4.06, below the broader consensus estimate of $4.24. Its pessimistic view of third-quarter results and the lower forecast represent a modest potential headwind ahead of earnings. US Capital Advisors Has Pessimistic View of MPLX Q3 Earnings

About Mplx

MPLX LP (NYSE:MPLX) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX’s assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.