Waverly Advisors LLC Has $6.03 Million Position in Marathon Petroleum Corporation $MPC

Waverly Advisors LLC lessened its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 6.3% in the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 23,569 shares of the oil and gas company’s stock after selling 1,585 shares during the period. Waverly Advisors LLC’s holdings in Marathon Petroleum were worth $6,026,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds have also added to or reduced their stakes in the company. Solstein Capital LLC acquired a new position in Marathon Petroleum during the second quarter valued at approximately $26,000. Caitlin John LLC acquired a new stake in shares of Marathon Petroleum in the 2nd quarter valued at $26,000. Bell Investment Advisors Inc bought a new position in shares of Marathon Petroleum in the 2nd quarter valued at $27,000. Navalign LLC acquired a new position in shares of Marathon Petroleum during the 4th quarter worth $30,000. Finally, Berbice Capital Management LLC raised its holdings in shares of Marathon Petroleum by 100.0% during the 4th quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock worth $33,000 after buying an additional 100 shares in the last quarter. 76.77% of the stock is owned by institutional investors.

Key Marathon Petroleum News

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

• Positive Sentiment: Marathon Petroleum’s high-return refinery investments are expected to improve operational flexibility, product yields and cost efficiency. Those projects could strengthen refining margins and earnings resilience over the long term. How High-Return Refinery Investment Strengthens MPC’s Long-Term Margins
• Positive Sentiment: Zacks and related market commentary continue to identify MPC as attractive for value and momentum investors, citing its valuation profile, earnings trends and strong share-price performance. This supports the bullish long-term narrative, although the articles do not introduce a new catalyst. Why Marathon Petroleum Is a Top Value Stock for the Long-Term
• Neutral Sentiment: Escalating U.S.-Iran tensions are increasing energy-market risk and creating a mixed backdrop for refiners. Higher volatility or stronger fuel prices could help MPC, but geopolitical disruptions could also pressure demand and operating conditions. Defense, Solar, and Refining Stocks Split as the Iran Conflict Raises Energy Risk
• Negative Sentiment: MPC underperformed the broader market in the latest session. The report provides no specific earnings warning, analyst downgrade or operational problem, suggesting the weakness may reflect profit-taking or broader market positioning after the stock’s substantial run. Marathon Petroleum Dips More Than Broader Market

Insider Activity

In other Marathon Petroleum news, insider Molly R. Benson sold 17,196 shares of Marathon Petroleum stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the transaction, the insider directly owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. The trade was a 36.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $362.79, for a total value of $206,790.30. Following the completion of the sale, the vice president owned 1,576 shares in the company, valued at $571,757.04. This trade represents a 26.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 21,691 shares of company stock valued at $7,780,127. Insiders own 0.17% of the company’s stock.

Analysts Set New Price Targets

Several research firms recently weighed in on MPC. Weiss Ratings raised Marathon Petroleum from a “hold (c+)” rating to a “buy (b)” rating in a research note on Wednesday, August 5th. Evercore set a $330.00 target price on shares of Marathon Petroleum in a report on Wednesday, August 5th. TD Cowen raised their price target on shares of Marathon Petroleum from $357.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday, August 5th. Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Marathon Petroleum in a research note on Friday, June 12th. One analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating and four have given a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $330.50.

Marathon Petroleum Price Performance

Marathon Petroleum stock opened at $392.61 on Friday. The stock has a 50-day moving average price of $333.02 and a two-hundred day moving average price of $272.51. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $405.13. The company has a market capitalization of $114.62 billion, a PE ratio of 13.50, a P/E/G ratio of 0.26 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.27 by $3.46. The company had revenue of $51.99 billion during the quarter, compared to the consensus estimate of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The firm’s revenue was up 53.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.96 earnings per share. Analysts expect that Marathon Petroleum Corporation will post 47.23 EPS for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, August 19th. This represents a $4.00 annualized dividend and a dividend yield of 1.0%. Marathon Petroleum’s dividend payout ratio (DPR) is presently 13.75%.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation (NYSE:MPC) is an integrated downstream energy company engaged primarily in refining, marketing and transporting petroleum products. The company converts crude oil and other feedstocks into gasoline, diesel and other transportation fuels, as well as asphalt, propane, petrochemical feedstocks and related products.

Marathon Petroleum operates a network of refineries in the United States and markets refined products through wholesale channels, branded retail locations and commercial customers.