Marathon Petroleum (NYSE:MPC) SVP Sells $375,750.00 in Stock

Marathon Petroleum Corporation (NYSE:MPCGet Free Report) SVP Shawn Lyon sold 1,000 shares of the business’s stock in a transaction on Monday, August 31st. The stock was sold at an average price of $375.75, for a total transaction of $375,750.00. Following the transaction, the senior vice president owned 11,194 shares of the company’s stock, valued at approximately $4,206,145.50. The trade was a 8.20% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this hyperlink.

Marathon Petroleum Stock Up 2.3%

NYSE:MPC traded up $8.76 during trading hours on Tuesday, hitting $382.08. The company’s stock had a trading volume of 2,366,872 shares, compared to its average volume of 2,451,009. Marathon Petroleum Corporation has a 52-week low of $161.93 and a 52-week high of $383.01. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The stock has a market capitalization of $111.54 billion, a P/E ratio of 13.13, a price-to-earnings-growth ratio of 0.24 and a beta of 0.52. The stock has a fifty day moving average of $311.41 and a 200-day moving average of $261.80.

Marathon Petroleum (NYSE:MPCGet Free Report) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, topping the consensus estimate 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 during the quarter, compared to analysts’ expectations of $40.87 billion. During the same period in the prior year, the firm posted $3.96 EPS. The business’s quarterly revenue was up 53.5% compared to the same quarter last year. On average, equities analysts forecast that Marathon Petroleum Corporation will post 46.66 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.0%. The ex-dividend date is Wednesday, August 19th. Marathon Petroleum’s dividend payout ratio (DPR) is currently 13.75%.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. MassMutual Private Wealth & Trust FSB grew its holdings in shares of Marathon Petroleum by 3.2% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 1,288 shares of the oil and gas company’s stock worth $329,000 after buying an additional 40 shares during the last quarter. Equitable Trust Co. raised its stake in Marathon Petroleum by 1.6% during the 1st quarter. Equitable Trust Co. now owns 2,637 shares of the oil and gas company’s stock valued at $644,000 after acquiring an additional 42 shares during the last quarter. Bartlett & CO. Wealth Management LLC raised its stake in Marathon Petroleum by 0.4% during the 1st quarter. Bartlett & CO. Wealth Management LLC now owns 9,548 shares of the oil and gas company’s stock valued at $2,411,000 after acquiring an additional 42 shares during the last quarter. High Net Worth Advisory Group LLC lifted its position in Marathon Petroleum by 2.6% during the 2nd quarter. High Net Worth Advisory Group LLC now owns 1,636 shares of the oil and gas company’s stock worth $418,000 after acquiring an additional 42 shares during the period. Finally, Wellington Grp LLC lifted its position in Marathon Petroleum by 9.6% during the 1st quarter. Wellington Grp LLC now owns 516 shares of the oil and gas company’s stock worth $126,000 after acquiring an additional 45 shares during the period. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

Several equities analysts have issued reports on MPC shares. TD Cowen raised their price objective on Marathon Petroleum from $357.00 to $375.00 and gave the stock a “buy” rating in a report on Wednesday, August 5th. Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Mizuho upped their target price on Marathon Petroleum from $284.00 to $304.00 and gave the company a “neutral” rating in a research report on Tuesday, August 11th. Citigroup raised their price target on Marathon Petroleum from $303.00 to $318.00 and gave the stock a “neutral” rating in a research note on Wednesday, August 5th. Finally, Raymond James Financial lifted their price target on Marathon Petroleum from $300.00 to $335.00 and gave the stock an “outperform” rating in a research report on Monday, July 13th. Twelve investment analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company. According to MarketBeat.com, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and an average target price of $315.06.

Get Our Latest Research Report on Marathon Petroleum

Key Stories Impacting Marathon Petroleum

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

  • Positive Sentiment: Higher oil prices may support refining margins. Energy stocks rallied after escalating U.S.-Iran tensions disrupted the outlook for crude shipments through the Strait of Hormuz. Goldman Sachs also expects a global fuel squeeze to create another refining windfall, a favorable backdrop for MPC’s downstream operations. Energy stocks rally as fresh U.S.-Iran attacks drive oil prices higher
  • Positive Sentiment: Recent earnings substantially exceeded expectations. Marathon Petroleum reported quarterly EPS of $17.73 versus the $14.27 consensus estimate, while revenue rose 53.5% year over year to $51.99 billion. Analysts expect approximately $46.66 in full-year EPS, reinforcing the company’s earnings momentum. Marathon Petroleum stock information
  • Positive Sentiment: Dividend and institutional support add to investor appeal. MPC recently declared a quarterly dividend of $1.00 per share, while several institutional investors increased or initiated positions. Institutional ownership stands at approximately 76.8%, indicating continued participation from large investors.
  • Neutral Sentiment: Analyst sentiment remains favorable but valuation expectations are mixed. The consensus rating is “Moderate Buy,” with 12 Buy ratings and six Holds. However, the average price target of $312.50 is below the current trading level, suggesting that some analysts view the recent rally as having outpaced near-term targets.
  • Negative Sentiment: An MPC executive sold shares. Vice President and Controller Erin Brzezinski sold 570 shares for approximately $206,790, reducing her direct stake by 26.56%. The sale is a modest negative signal, although it represents a relatively small position and does not necessarily indicate a change in the company’s fundamentals. Erin Brzezinski sells Marathon Petroleum shares

Marathon Petroleum Company Profile

(Get Free Report)

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.

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Insider Buying and Selling by Quarter for Marathon Petroleum (NYSE:MPC)

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