14,193 Shares in Mplx Lp $MPLX Purchased by Soltis Investment Advisors LLC

Soltis Investment Advisors LLC bought a new stake in Mplx Lp (NYSE:MPLX) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 14,193 shares of the pipeline company’s stock, valued at approximately $799,000.

Several other large investors also recently added to or reduced their stakes in the business. Energy Income Partners LLC bought a new position in shares of Mplx during the 2nd quarter valued at $303,072,000. Bank of New York Mellon Corp acquired a new stake in shares of Mplx in the 2nd quarter valued at $1,094,000. Attessa Capital LLC bought a new stake in Mplx in the second quarter worth $1,042,000. NEOS Investment Management LLC boosted its holdings in Mplx by 45.5% in the second quarter. NEOS Investment Management LLC now owns 486,025 shares of the pipeline company’s stock worth $27,378,000 after purchasing an additional 152,041 shares in the last quarter. Finally, Militia Capital Management LLC bought a new stake in Mplx in the first quarter worth $3,824,000. 24.25% of the stock is owned by institutional investors.

Mplx Trading Up 0.6%

Mplx stock opened at $60.25 on Friday. The company has a debt-to-equity ratio of 1.71, a quick ratio of 0.83 and a current ratio of 0.89. The business’s 50-day simple moving average is $58.38 and its 200-day simple moving average is $57.22. The firm has a market capitalization of $61.09 billion, a PE ratio of 12.96, a PEG ratio of 5.73 and a beta of 0.49. Mplx Lp has a 52 week low of $50.22 and a 52 week 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 the consensus estimate of $1.06. Mplx had a return on equity of 32.83% and a net margin of 35.75%. The business had revenue of $3.13 billion during the quarter, compared to analysts’ expectations of $3.14 billion. During the same quarter in the previous year, the firm earned $1.03 EPS. The firm’s revenue was up 10.3% compared to the same quarter last year. Equities research analysts forecast that Mplx Lp will post 4.25 earnings per share for the current 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 issued a dividend of $1.2111 per share. This represents a $4.84 dividend on an annualized basis and a dividend yield of 8.0%. This is a boost from Mplx’s previous quarterly dividend of $1.0765. The ex-dividend date is Friday, November 6th. Mplx’s dividend payout ratio is presently 92.69%.

Analysts Set New Price Targets

Several research firms have commented on MPLX. Wells Fargo & Company increased their target price on shares of Mplx from $61.00 to $63.00 and gave the stock an “overweight” rating in a research report on Wednesday, August 5th. Morgan Stanley reduced their price target on Mplx from $66.00 to $64.00 and set an “equal weight” rating for the company in a research report on Tuesday, October 13th. Royal Bank Of Canada boosted their price target on Mplx from $60.00 to $64.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Weiss Ratings upgraded Mplx from a “buy (a-)” rating to a “buy (a)” rating in a research note on Friday. Finally, Barclays increased their price objective on Mplx from $59.00 to $63.00 and gave the company an “overweight” rating in a report on Thursday, August 6th. One investment 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. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $63.80.

Trending Headlines about 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

Mplx Company Profile

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.