Marathon Petroleum Corporation $MPC Stock: Integrity Alliance LLC. Increases Holdings

Integrity Alliance LLC. grew its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC) by 336.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 6,943 shares of the oil and gas company’s stock after purchasing an additional 5,351 shares during the period. Integrity Alliance LLC.’s holdings in Marathon Petroleum were worth $2,745,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently modified their holdings of the business. BlackRock Inc. acquired a new stake in shares of Marathon Petroleum in the second quarter valued at about $6,648,958,000. Bank of New York Mellon Corp acquired a new position in Marathon Petroleum during the second quarter worth about $1,029,611,000. Bank of America Corp DE acquired a new position in Marathon Petroleum during the second quarter worth about $621,832,000. Legal & General Group Plc acquired a new position in Marathon Petroleum during the second quarter worth about $380,745,000. Finally, Deutsche Bank AG purchased a new position in Marathon Petroleum in the second quarter valued at about $280,761,000. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Third-quarter adjusted EPS rose to $26.93 from $3.01 a year earlier, beating estimates. Adjusted EBITDA was $11.7 billion, supported by strong refining margins and record refinery utilization. Article: Marathon Petroleum Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: MPC raised its quarterly dividend 10% and approved a $5 billion buyback, signaling confidence in cash generation and increasing potential shareholder returns. Article: Marathon Petroleum Raises Dividend 10% and Approves $5 Billion Buyback
• Neutral Sentiment: MPC agreed to sell its St. Paul Park and Mandan refineries and related businesses to CVR Energy in a roughly $4.2 billion transaction. The company plans to focus investment primarily on Gulf Coast growth; the deal provides substantial proceeds but also reduces its Midwest refining footprint. Article: Marathon Petroleum Agrees $4.2 Billion Refinery Deal To Refocus Its Footprint
• Negative Sentiment: The earnings surge was fueled by exceptional refining margins and favorable fuel spreads. If those conditions ease, profits could retreat, tempering enthusiasm for a quarter that was exceptionally strong. Article: Marathon Petroleum Refining Margin Jumps 160%
• Negative Sentiment: Reports highlighted a sharp single-session selloff, indicating investors were not reassured by the earnings beat and may be weighing profit-taking or the sustainability of peak refining conditions. Article: Marathon Petroleum Drops 7% in a Single Session, Erasing $8 Billion

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on MPC shares. TD Cowen lifted their price objective on Marathon Petroleum from $450.00 to $478.00 and gave the stock a “buy” rating in a report on Thursday, October 22nd. Citigroup increased their price objective on shares of Marathon Petroleum from $318.00 to $518.00 and gave the company a “neutral” rating in a research note on Tuesday, October 13th. Barclays raised their price objective on shares of Marathon Petroleum from $321.00 to $488.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. The Goldman Sachs Group increased their target price on Marathon Petroleum from $376.00 to $472.00 and gave the company a “buy” rating in a report on Monday, September 21st. Finally, Zacks Research raised Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Friday, September 4th. One research 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 MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $424.88.

Marathon Petroleum Stock Performance

Marathon Petroleum stock opened at $392.09 on Thursday. The stock has a fifty day moving average price of $421.22 and a 200 day moving average price of $293.35. Marathon Petroleum Corporation has a 52 week low of $161.93 and a 52 week high of $493.98. The firm has a market capitalization of $114.47 billion, a P/E ratio of 13.48, a PEG ratio of 0.11 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 posted its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $26.93 EPS for the quarter, beating analysts’ consensus estimates of $25.37 by $1.56. Marathon Petroleum had a net margin of 8.27% and a return on equity of 58.93%. The company had revenue of $56.03 billion during the quarter, compared to the consensus estimate of $46.60 billion. During the same quarter in the prior year, the company posted $3.01 EPS. The company’s quarterly revenue was up 57.6% compared to the same quarter last year. Equities research analysts anticipate that Marathon Petroleum Corporation will post 64.12 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Wednesday, November 18th will be issued a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date is Wednesday, November 18th. Marathon Petroleum’s dividend payout ratio is presently 13.75%.

Insider Buying and Selling

In other Marathon Petroleum news, SVP Shawn Lyon sold 2,500 shares of the business’s stock in a transaction dated Thursday, August 13th. The stock was sold at an average price of $350.00, for a total transaction of $875,000.00. Following the completion of the sale, the senior vice president owned 12,619 shares of the company’s stock, valued at approximately $4,416,650. The trade was a 16.54% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, VP Erin M. Brzezinski sold 570 shares of the firm’s stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $362.79, for a total value of $206,790.30. Following the completion of the transaction, the vice president owned 1,576 shares in the company, valued at approximately $571,757.04. This trade represents a 26.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 21,691 shares of company stock valued at $7,780,127. 0.17% of the stock is currently owned by company insiders.

About Marathon Petroleum

Marathon Petroleum Corporation (NYSE:MPC) is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum’s refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.