Marathon Petroleum Corporation $MPC Stock: Whitegate Investment Counselors Inc. Reduces Stake

Whitegate Investment Counselors Inc. trimmed its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC) by 46.0% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 2,807 shares of the oil and gas company’s stock after selling 2,387 shares during the quarter. Whitegate Investment Counselors Inc.’s holdings in Marathon Petroleum were worth $1,110,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of MPC. BlackRock Inc. purchased a new stake in Marathon Petroleum during the second quarter worth $6,648,958,000. Bank of New York Mellon Corp purchased a new position in shares of Marathon Petroleum in the 2nd quarter valued at $1,029,611,000. Bank of America Corp DE increased its holdings in shares of Marathon Petroleum by 1.6% in the 1st quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company’s stock valued at $633,668,000 after acquiring an additional 40,124 shares during the period. Amundi raised its position in shares of Marathon Petroleum by 17.5% in the 2nd quarter. Amundi now owns 2,237,930 shares of the oil and gas company’s stock worth $572,172,000 after acquiring an additional 332,551 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its position in shares of Marathon Petroleum by 16.7% in the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,508,489 shares of the oil and gas company’s stock worth $385,675,000 after acquiring an additional 215,686 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts recently weighed in on MPC shares. UBS Group set a $510.00 price objective on Marathon Petroleum in a research note on Friday, October 9th. Morgan Stanley lifted their target price on Marathon Petroleum from $453.00 to $458.00 and gave the company an “overweight” rating in a research note on Wednesday. TD Cowen boosted their target price on shares of Marathon Petroleum from $450.00 to $478.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Barclays increased their price target on shares of Marathon Petroleum from $321.00 to $488.00 and gave the company an “overweight” rating in a research report on Monday, October 12th. Finally, Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Friday, September 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $425.12.

Marathon Petroleum Stock Down 1.3%

NYSE MPC traded down $4.84 on Friday, hitting $372.48. The stock had a trading volume of 2,478,500 shares, compared to its average volume of 2,065,560. The business’s fifty day moving average price is $421.69 and its 200 day moving average price is $295.35. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.25 and a quick ratio of 0.89. Marathon Petroleum Corporation has a 52-week low of $161.93 and a 52-week high of $493.98. The stock has a market cap of $108.74 billion, a price-to-earnings ratio of 12.80, a price-to-earnings-growth ratio of 0.11 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC) last issued its quarterly earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $25.37 by $1.56. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The business had revenue of $56.03 billion for the quarter, compared to the consensus estimate of $46.60 billion. During the same period in the prior year, the firm posted $3.01 earnings per share. The business’s quarterly revenue was up 57.6% on a year-over-year basis. Equities research analysts anticipate that Marathon Petroleum Corporation will post 64.78 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.1%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s payout ratio is 13.75%.

Marathon Petroleum News Roundup

Here are the key news stories impacting Marathon Petroleum this week:

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Insider Activity at Marathon Petroleum

In related news, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $362.79, for a total transaction of $206,790.30. Following the transaction, the vice president directly owned 1,576 shares of the company’s stock, valued at $571,757.04. This represents a 26.56% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, insider Molly Benson sold 17,196 shares of the stock in a transaction dated Monday, August 17th. The shares were sold at an average price of $358.57, for a total value of $6,165,969.72. Following the completion of the sale, the insider owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. This trade represents a 36.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 21,691 shares of company stock valued at $7,780,127 in the last ninety days. Corporate insiders own 0.17% of the company’s stock.

About Marathon Petroleum

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.