Martingale Asset Management L P Raises Stock Position in Marathon Petroleum Corporation $MPC

Martingale Asset Management L P lifted its stake in Marathon Petroleum Corporation (NYSE:MPC) by 485.2% during the third quarter, HoldingsChannel reports. The institutional investor owned 101,460 shares of the oil and gas company’s stock after acquiring an additional 84,123 shares during the period. Martingale Asset Management L P’s holdings in Marathon Petroleum were worth $19,555,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Vanguard Group Inc. lifted its position in Marathon Petroleum by 11.2% in the second quarter. Vanguard Group Inc. now owns 38,866,104 shares of the oil and gas company’s stock valued at $6,456,049,000 after acquiring an additional 3,924,713 shares during the last quarter. Norges Bank purchased a new position in shares of Marathon Petroleum during the second quarter worth about $527,197,000. Geode Capital Management LLC increased its position in shares of Marathon Petroleum by 14.8% during the second quarter. Geode Capital Management LLC now owns 8,013,213 shares of the oil and gas company’s stock worth $1,325,598,000 after purchasing an additional 1,033,645 shares in the last quarter. Boston Partners lifted its holdings in shares of Marathon Petroleum by 13.1% in the 2nd quarter. Boston Partners now owns 6,163,737 shares of the oil and gas company’s stock valued at $1,024,395,000 after purchasing an additional 715,223 shares during the last quarter. Finally, Balyasny Asset Management L.P. lifted its holdings in shares of Marathon Petroleum by 27,979.8% in the 2nd quarter. Balyasny Asset Management L.P. now owns 659,595 shares of the oil and gas company’s stock valued at $109,565,000 after purchasing an additional 657,246 shares during the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Marathon Petroleum Stock Up 1.6%

MPC opened at $230.36 on Friday. 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 12 month low of $115.10 and a 12 month high of $236.11. The stock has a market capitalization of $67.89 billion, a P/E ratio of 17.26, a P/E/G ratio of 1.35 and a beta of 0.69. The business has a 50 day simple moving average of $191.89 and a 200-day simple moving average of $187.77.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share (EPS) for the quarter, topping the consensus estimate of $3.73 by $0.34. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The firm had revenue of $32.57 billion during the quarter, compared to analysts’ expectations of $30.89 billion. During the same quarter in the prior year, the business posted $0.77 earnings per share. Marathon Petroleum’s revenue was down .1% compared to the same quarter last year. On average, equities analysts anticipate that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.7%. Marathon Petroleum’s dividend payout ratio (DPR) is 29.96%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on MPC. The Goldman Sachs Group raised their price target on Marathon Petroleum from $211.00 to $239.00 and gave the stock a “buy” rating in a research note on Thursday. Barclays decreased their price objective on Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating for the company in a report on Tuesday, January 13th. Scotiabank restated an “outperform” rating and set a $174.00 target price on shares of Marathon Petroleum in a research report on Friday, January 16th. Zacks Research downgraded shares of Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Finally, Raymond James Financial increased their price target on shares of Marathon Petroleum from $205.00 to $210.00 and gave the stock an “outperform” rating in a research note on Friday, January 23rd. Eleven equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $204.25.

Key Headlines Impacting Marathon Petroleum

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

• Positive Sentiment: Blowout Q4 results — MPC reported much stronger Q4 earnings and adjusted EPS, reiterated robust refining margins and highlighted large 2025 cash returns that support future buybacks/dividends. This directly improves near-term free cash flow expectations. Read More.
• Positive Sentiment: Goldman Sachs raised its price target to $239 and maintained a Buy rating — a major sell‑side upgrade that can attract fresh flows and supports higher valuation. Read More.
• Positive Sentiment: Sector rotation into refiners — institutional buying and analyst bullishness toward refiners is lifting MPC alongside peers, increasing demand for the stock. Read More.
• Neutral Sentiment: IEA announced a planned 400M-barrel release of emergency reserves — this is a large supply action that could ease oil prices (negative for margins) but market reaction has been mixed given concurrent geopolitical supply risks, so the net impact on refiners is uncertain. Read More.
• Neutral Sentiment: Geopolitical volatility (Middle East / Iran) — developments are keeping oil price volatility elevated; higher crude benefits refiners if product cracks widen, but outcomes remain path‑dependent. Read More.
• Negative Sentiment: Longer‑term capacity considerations — announcements about new U.S. refining capacity (first major new refinery in decades) could, over time, add domestic supply and pressure margins if demand doesn’t keep pace. That is a potential longer‑term headwind for refiners like MPC. Read More.

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.