Gabelli Funds LLC Reduces Holdings in Marathon Petroleum Corporation $MPC

Gabelli Funds LLC lowered its position in Marathon Petroleum Corporation (NYSE:MPC) by 12.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 199,700 shares of the oil and gas company’s stock after selling 29,100 shares during the quarter. Gabelli Funds LLC’s holdings in Marathon Petroleum were worth $38,490,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Associated Banc Corp boosted its stake in shares of Marathon Petroleum by 2.1% during the 3rd quarter. Associated Banc Corp now owns 2,475 shares of the oil and gas company’s stock worth $477,000 after purchasing an additional 52 shares during the period. CoreCap Advisors LLC raised its position in Marathon Petroleum by 2.6% in the 3rd quarter. CoreCap Advisors LLC now owns 2,363 shares of the oil and gas company’s stock worth $456,000 after purchasing an additional 59 shares during the period. CI Investments Inc. lifted its stake in Marathon Petroleum by 1.8% in the third quarter. CI Investments Inc. now owns 3,336 shares of the oil and gas company’s stock worth $643,000 after purchasing an additional 60 shares during the last quarter. FSM Wealth Advisors LLC lifted its stake in Marathon Petroleum by 1.6% in the third quarter. FSM Wealth Advisors LLC now owns 3,944 shares of the oil and gas company’s stock worth $760,000 after purchasing an additional 63 shares during the last quarter. Finally, Warwick Investment Management Inc. boosted its position in shares of Marathon Petroleum by 4.6% during the third quarter. Warwick Investment Management Inc. now owns 1,436 shares of the oil and gas company’s stock valued at $277,000 after buying an additional 63 shares during the period. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum Stock Up 1.8%

Shares of NYSE:MPC opened at $221.21 on Friday. The business’s 50 day moving average is $187.19 and its 200 day moving average is $186.22. The stock has a market cap of $65.20 billion, a P/E ratio of 16.57, a price-to-earnings-growth ratio of 1.34 and a beta of 0.69. Marathon Petroleum Corporation has a 52-week low of $115.10 and a 52-week high of $228.55. The company has a quick ratio of 0.74, a current ratio of 1.26 and a debt-to-equity ratio of 1.27.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The business had revenue of $32.57 billion during the quarter, compared to analyst estimates of $30.89 billion. During the same period in the previous year, the company posted $0.77 EPS. Marathon Petroleum’s revenue was down .1% on a year-over-year basis. Sell-side analysts predict that Marathon Petroleum Corporation will post 8.47 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Wednesday, February 18th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a dividend yield of 1.8%. The ex-dividend date is Wednesday, February 18th. Marathon Petroleum’s payout ratio is presently 29.96%.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on MPC. Wall Street Zen upgraded Marathon Petroleum from a “hold” rating to a “buy” rating in a report on Saturday. Zacks Research cut Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. TD Cowen increased their target price on Marathon Petroleum from $183.00 to $198.00 and gave the stock a “buy” rating in a research note on Wednesday, February 4th. Wells Fargo & Company lifted their target price on Marathon Petroleum from $213.00 to $217.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, UBS Group reissued a “buy” rating and set a $221.00 target price on shares of Marathon Petroleum in a research note on Friday, February 6th. Eleven analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $202.19.

Key Marathon Petroleum News

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

• Positive Sentiment: Refiner tailwind as crude rallies — multiple pieces note that surging oil (Brent near mid-$80s) and Middle East tensions are lifting expectations for higher refining margins, which benefits large refiners like Marathon. Oil Is Surging and These 3 Energy Stocks Could Double Your Money Before 2027
• Positive Sentiment: Analyst/market recognition — Broker consensus remains constructive (consensus “Moderate Buy”) and analysts/public commentators highlight Marathon’s scale, cash flows and recent earnings beat that support the bullish case. Marathon Petroleum Corporation (NYSE:MPC) Receives Consensus Rating of “Moderate Buy” from Brokerages
• Positive Sentiment: Company fundamentals and momentum — Recent earnings topped estimates (quarterly EPS beat and robust revenue), strong cash generation, and technical momentum are cited as reasons the stock is in a sustained uptrend. Why One Energy Expert Is Betting on These 3 Oil Stocks Now
• Neutral Sentiment: Trending stock attention — Zacks and Yahoo stories note heightened retail/investor interest and search activity, which can amplify moves but does not itself change fundamentals. Here is What to Know Beyond Why Marathon Petroleum Corporation (MPC) is a Trending Stock
• Neutral Sentiment: Sector positioning — Articles highlighting refiners/midstream as places to hide or earn yield emphasize diversification across upstream, refining and pipelines; Marathon is featured as a major downstream play but is sensitive to cycle swings. Energy sector coverage referencing Marathon
• Negative Sentiment: Valuation and profit‑cycle risk — Several pieces question whether the multi‑year share gains are fully justified and flag that the stock is near its 1‑year high; after a strong rally, upside could be limited if refining margins normalize. Is Marathon Petroleum (MPC) Price Justified After Strong Multi‑Year Share Gains?
• Negative Sentiment: Exposure to volatility and leverage — Marathon benefits from higher crude but remains exposed to swings in oil and refining margins; its debt/equity (~1.27) and modest net margin (~3%) make it sensitive to margin compression and macro shocks. Marathon Petroleum (MPC) Valuation Check After Energy Sector Rally And Strong Investor Optimism

Marathon Petroleum Profile

Marathon Petroleum Corporation (NYSE: MPC) is a U.S.-based downstream energy company engaged principally in the refining, marketing, supply and transportation of petroleum products. The company was formed through a spin-off from Marathon Oil in 2011 and operates an integrated system of refining and logistics assets that support the production and distribution of transportation fuels and other refined petroleum products.

Marathon Petroleum’s operations include refining crude oil into gasoline, diesel, jet fuel, asphalt and other specialty products, as well as managing the distribution and storage infrastructure needed to move those products to market.