Marathon Petroleum Corporation $MPC Shares Sold by Wealthfront Advisers LLC

Wealthfront Advisers LLC trimmed its stake in Marathon Petroleum Corporation (NYSE:MPC) by 2.3% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 95,332 shares of the oil and gas company’s stock after selling 2,251 shares during the quarter. Wealthfront Advisers LLC’s holdings in Marathon Petroleum were worth $15,504,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also modified their holdings of the company. Alberta Investment Management Corp bought a new stake in shares of Marathon Petroleum during the third quarter valued at about $2,891,000. Diversified Trust Co. grew its stake in Marathon Petroleum by 39.3% during the 4th quarter. Diversified Trust Co. now owns 15,675 shares of the oil and gas company’s stock valued at $2,549,000 after acquiring an additional 4,419 shares in the last quarter. First Interstate Bank purchased a new position in Marathon Petroleum during the 3rd quarter valued at about $5,050,000. Generali Asset Management SPA SGR grew its stake in Marathon Petroleum by 36.8% during the 3rd quarter. Generali Asset Management SPA SGR now owns 41,225 shares of the oil and gas company’s stock valued at $7,946,000 after acquiring an additional 11,082 shares in the last quarter. Finally, KKM Financial LLC grew its stake in Marathon Petroleum by 27.6% during the 3rd quarter. KKM Financial LLC now owns 26,202 shares of the oil and gas company’s stock valued at $5,050,000 after acquiring an additional 5,661 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: Zacks added MPC to its Rank #1 (Strong Buy) momentum list, increasing retail/institutional attention and buy-side flows. Read More.
• Positive Sentiment: Zacks flags MPC as having the setup for an earnings beat (favorable catalysts + analyst expectations), which tends to lift price ahead of results. Read More.
• Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS forecasts substantially and maintains a “Sector Outperform” view, supporting near-term sentiment and institutional interest. Read More.
• Neutral Sentiment: Multiple pieces (Zacks/Yahoo) note heavy user/readership interest — this increases volatility and volume but doesn’t ensure sustained direction. Read More.
• Neutral Sentiment: Zacks/market commentary reiterate that analyst ratings and the Average Brokerage Recommendation can be noisy; useful for flow-based moves but not a substitute for fundamentals. Read More.
• Negative Sentiment: Despite EPS upgrades, Scotiabank’s $210 price target is below recent trading levels, which could act as resistance or a downside anchor if analysts don’t lift targets further. Read More.
• Negative Sentiment: Coverage noting Wall Street’s bullishness as potentially “overly optimistic” introduces caution — if earnings or forward guidance disappoint, the stock could see sharper pullbacks. Read More.

Insider Activity

In other news, insider Ricky D. Hessling sold 1,626 shares of Marathon Petroleum stock in a transaction dated Friday, March 13th. The stock was sold at an average price of $228.18, for a total transaction of $371,020.68. Following the completion of the sale, the insider directly owned 7,525 shares in the company, valued at $1,717,054.50. The trade was a 17.77% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is owned by insiders.

Marathon Petroleum Stock Up 2.4%

Shares of Marathon Petroleum stock opened at $232.75 on Wednesday. The firm has a market cap of $68.54 billion, a price-to-earnings ratio of 17.43, a P/E/G ratio of 0.34 and a beta of 0.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.26 and a quick ratio of 0.74. Marathon Petroleum Corporation has a 52-week low of $133.00 and a 52-week high of $255.77. The stock has a 50-day simple moving average of $224.12 and a 200-day simple moving average of $198.71.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.73 by $0.34. The business had revenue of $32.57 billion during the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The firm’s revenue was down .1% on a year-over-year basis. During the same period in the previous year, the company earned $0.77 EPS. On average, equities research analysts expect that Marathon Petroleum Corporation will post 25.79 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 18th were issued a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.7%. The ex-dividend date was Wednesday, February 18th. Marathon Petroleum’s payout ratio is currently 29.96%.

Analysts Set New Price Targets

MPC has been the topic of several research analyst reports. Morgan Stanley lifted their target price on Marathon Petroleum from $200.00 to $233.00 and gave the company an “overweight” rating in a research note on Friday. TD Cowen lifted their target price on Marathon Petroleum from $198.00 to $299.00 and gave the company a “buy” rating in a research note on Wednesday, April 1st. Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a research note on Sunday, April 19th. JPMorgan Chase & Co. lifted their target price on Marathon Petroleum from $184.00 to $235.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. Finally, Barclays lifted their target price on Marathon Petroleum from $194.00 to $230.00 and gave the company an “overweight” rating in a research note on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, Marathon Petroleum presently has an average rating of “Moderate Buy” and a consensus target price of $241.81.

About Marathon Petroleum

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.