1,702 Shares of Marathon Petroleum Corporation $MPC Purchased by Oakmont Investment Advisors Inc.

Oakmont Investment Advisors Inc. purchased a new position in Marathon Petroleum Corporation (NYSE:MPC) during the third quarter, HoldingsChannel reports. The firm purchased 1,702 shares of the oil and gas company’s stock, valued at approximately $673,000.

A number of other institutional investors have also recently made changes to their positions in MPC. BlackRock Inc. bought a new stake in Marathon Petroleum in the 2nd quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp bought a new position in shares of Marathon Petroleum during the 2nd quarter valued at approximately $1,029,611,000. Bank of America Corp DE increased its stake in shares of Marathon Petroleum by 1.6% in the first quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company’s stock worth $633,668,000 after purchasing an additional 40,124 shares in the last quarter. Amundi lifted its stake in shares of Marathon Petroleum by 17.5% during the 2nd quarter. Amundi now owns 2,237,930 shares of the oil and gas company’s stock valued at $572,172,000 after buying an additional 332,551 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its stake in shares of Marathon Petroleum by 16.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,508,489 shares of the oil and gas company’s stock valued at $385,675,000 after buying an additional 215,686 shares in the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the company. Piper Sandler increased their price target on Marathon Petroleum from $344.00 to $462.00 and gave the stock an “overweight” rating in a research note on Thursday, September 3rd. The Goldman Sachs Group boosted their price objective on Marathon Petroleum from $376.00 to $472.00 and gave the company a “buy” rating in a research report on Monday, September 21st. Barclays upped their price objective on Marathon Petroleum from $321.00 to $488.00 and gave the stock an “overweight” rating in a research note on Monday, October 12th. Mizuho upped their price objective on Marathon Petroleum from $304.00 to $457.00 and gave the stock a “neutral” rating in a research note on Thursday, October 8th. Finally, Raymond James Financial increased their target price on Marathon Petroleum from $350.00 to $445.00 and gave the stock an “outperform” rating in a research report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $417.88.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: Strong refining margins support earnings: Higher fuel margins are improving profitability across U.S. refiners, including MPC. The favorable industry backdrop could sustain cash flow and shareholder returns if margins remain elevated. U.S. Refiners Benefit From Strong Margins: Will Momentum Last?
• Positive Sentiment: Positive long-term performance and momentum: MPC has substantially outperformed the broader market and major technology stocks in 2026, attracting investor attention and reinforcing the bullish momentum case. An Oil Refiner Is Beating Nvidia This Year
• Neutral Sentiment: Supplier recognition highlights operational relationships: Cognite was named MPC’s Corporate Supplier of the Year, recognizing its contribution to the company’s business. The award is positive for the relationship but is unlikely to materially affect MPC’s earnings or valuation. Cognite Earns Corporate Supplier of the Year Award from Marathon Petroleum Corporation
• Negative Sentiment: Profit-taking and valuation concerns: After establishing a new one-year high and advancing sharply, MPC faces a higher risk of profit-taking. Analysts have also questioned the stock’s limited margin of safety and whether profitability has reached a ceiling. Marathon Petroleum: Good Momentum Stocks, But Little Margin Of Safety
• Negative Sentiment: Middle East risks could pressure margins: Higher crude prices linked to regional tensions may benefit upstream producers but can raise refiners’ input costs. Investors are weighing whether the conflict-driven boost to energy prices and refining economics can last. Marathon Petroleum Profitability Seems To Have A Ceiling With The Mature Conflict In The Middle East

Marathon Petroleum Price Performance

MPC stock opened at $469.02 on Thursday. Marathon Petroleum Corporation has a one year low of $161.93 and a one year high of $493.98. The company’s fifty day moving average price is $405.97 and its 200-day moving average price is $314.27. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 1.25. The company has a market capitalization of $136.92 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 0.14 and a beta of 0.54.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping analysts’ consensus estimates of $14.27 by $3.46. The firm had revenue of $51.99 billion during the quarter, compared to analyst estimates of $40.87 billion. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. Marathon Petroleum’s revenue for the quarter was up 53.5% on a year-over-year basis. During the same quarter in the prior year, the business earned $3.96 earnings per share. On average, equities analysts anticipate that Marathon Petroleum Corporation will post 64.00 EPS for the current fiscal year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th were paid a $1.00 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $4.00 annualized dividend and a yield of 0.9%. Marathon Petroleum’s payout ratio is presently 13.75%.

Insider Buying and Selling at Marathon Petroleum

In other news, insider Molly R. Benson sold 17,196 shares of Marathon Petroleum stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total value of $6,165,969.72. Following the sale, the insider directly owned 30,334 shares of the company’s stock, valued at approximately $10,876,862.38. The trade was a 36.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Erin M. Brzezinski sold 570 shares of Marathon Petroleum stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $362.79, for a total value of $206,790.30. Following the completion of the sale, the vice president directly owned 1,576 shares in the company, valued at $571,757.04. This trade represents a 26.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 21,691 shares of company stock valued at $7,780,127 in the last 90 days. Insiders own 0.17% of the company’s stock.

About Marathon Petroleum

Marathon Petroleum Corporation (NYSE:MPC) is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum’s refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.