Rep. David Taylor Sells Marathon Petroleum Corporation (NYSE:MPC) Shares

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on August 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 24th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/17/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.

Marathon Petroleum Stock Down 0.6%

MPC opened at $297.49 on Friday. The stock has a market cap of $86.85 billion, a price-to-earnings ratio of 10.23, a price-to-earnings-growth ratio of 0.20 and a beta of 0.52. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.73 and a current ratio of 1.25. The firm’s fifty day moving average is $279.39 and its 200 day moving average is $241.82. Marathon Petroleum Corporation has a fifty-two week low of $158.00 and a fifty-two week high of $326.92.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, beating analysts’ consensus estimates of $14.27 by $3.46. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The business had revenue of $51.99 billion for the quarter, compared to analysts’ expectations of $40.87 billion. During the same period last year, the firm earned $3.96 earnings per share. The business’s quarterly revenue was up 53.5% on a year-over-year basis. On average, sell-side analysts forecast that Marathon Petroleum Corporation will post 44.54 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be given a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a dividend yield of 1.3%. The ex-dividend date is Wednesday, August 19th. Marathon Petroleum’s dividend payout ratio (DPR) is presently 13.75%.

Insider Activity

In other news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the completion of the sale, the vice president directly owned 16,900 shares of the company’s stock, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.17% of the stock is owned by insiders.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on MPC. Piper Sandler increased their price objective on shares of Marathon Petroleum from $343.00 to $344.00 and gave the company an “overweight” rating in a report on Thursday. Barclays upped their target price on shares of Marathon Petroleum from $289.00 to $321.00 and gave the stock an “overweight” rating in a research report on Thursday. Wells Fargo & Company lifted their price target on shares of Marathon Petroleum from $344.00 to $359.00 and gave the company an “overweight” rating in a report on Wednesday. Jefferies Financial Group set a $335.00 price objective on shares of Marathon Petroleum and gave the company a “buy” rating in a report on Sunday, July 12th. Finally, Citigroup raised their price objective on Marathon Petroleum from $303.00 to $318.00 and gave the company a “neutral” rating in a research report on Wednesday. Twelve equities research analysts have rated the stock with a Buy rating and six have given a Hold rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $311.25.

Institutional Investors Weigh In On Marathon Petroleum

Hedge funds have recently bought and sold shares of the business. Aljian Capital Management LLC purchased a new position in shares of Marathon Petroleum in the 2nd quarter worth $563,000. Energy Income Partners LLC purchased a new stake in shares of Marathon Petroleum during the 2nd quarter valued at about $4,912,000. Meeder Advisory Services Inc. bought a new position in shares of Marathon Petroleum in the 2nd quarter valued at about $3,186,000. Meeder Asset Management Inc. purchased a new position in Marathon Petroleum in the second quarter worth about $59,000. Finally, Citizens Financial Group Inc. RI bought a new stake in Marathon Petroleum during the second quarter worth approximately $1,635,000. Hedge funds and other institutional investors own 76.77% of the company’s stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

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.