QRG Capital Management Inc. lifted its holdings in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 17.5% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 16,251 shares of the oil and gas company’s stock after acquiring an additional 2,418 shares during the period. QRG Capital Management Inc.’s holdings in Marathon Petroleum were worth $2,643,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds have also recently made changes to their positions in the business. Pinnacle Wealth Management Advisory Group LLC raised its position in shares of Marathon Petroleum by 5.4% in the 4th quarter. Pinnacle Wealth Management Advisory Group LLC now owns 6,164 shares of the oil and gas company’s stock worth $1,002,000 after acquiring an additional 316 shares in the last quarter. Intact Investment Management Inc. bought a new position in shares of Marathon Petroleum in the 4th quarter worth about $81,000. Montag A & Associates Inc. raised its position in shares of Marathon Petroleum by 1.7% in the 4th quarter. Montag A & Associates Inc. now owns 9,314 shares of the oil and gas company’s stock worth $1,515,000 after acquiring an additional 153 shares in the last quarter. AlphaStar Capital Management LLC bought a new position in shares of Marathon Petroleum in the 4th quarter worth about $287,000. Finally, Woodard & Co. Asset Management Group Inc. ADV raised its position in shares of Marathon Petroleum by 10.2% in the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 15,279 shares of the oil and gas company’s stock worth $2,485,000 after acquiring an additional 1,412 shares in the last quarter. 76.77% of the stock is owned by institutional investors.
Insider Buying and Selling at Marathon Petroleum
In other news, insider Ricky D. Hessling sold 1,810 shares of the firm’s stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total value of $406,851.80. Following the transaction, the insider owned 10,188 shares in the company, valued at $2,290,058.64. This trade represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold a total of 4,473 shares of company stock valued at $1,015,428 in the last 90 days. 0.17% of the stock is owned by company insiders.
Marathon Petroleum Price Performance
Marathon Petroleum (NYSE:MPC – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, topping the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a return on equity of 16.22% and a net margin of 3.36%.The firm had revenue of $34.20 billion during the quarter, compared to the consensus estimate of $33.42 billion. During the same period in the prior year, the business posted ($0.24) earnings per share. The company’s quarterly revenue was up 8.5% compared to the same quarter last year. Research analysts expect that Marathon Petroleum Corporation will post 26.46 EPS for the current fiscal year.
Marathon Petroleum Announces Dividend
The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.7%. The ex-dividend date is Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio (DPR) is currently 26.11%.
Key Stories Impacting Marathon Petroleum
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: Q1 beat, expanded buyback and refinery/optimization tailwinds — MPC reported stronger-than-expected Q1 results, outlined refinery optimization projects driving margins and increased its share-repurchase authorization by $5 billion, signaling materially higher capital returned to shareholders. Marathon Petroleum Buyback Expansion And Refinery Projects Underpin Valuation Story
- Positive Sentiment: Multiple analyst upgrades and sizable price-target raises — Several firms raised targets this week (Goldman Sachs to $291, JPMorgan to $257, TD Cowen to $320, Wells Fargo to $335), reflecting expectations for further upside based on earnings, buybacks and refining strength. Links: Benzinga MarketScreener TD Cowen target
- Positive Sentiment: Market momentum recognition — MPC was highlighted as a momentum buy in a Zacks roundup, reflecting investor interest in continuation of the recent run. 3 Best Momentum Stocks to Buy Now for Big Upside in May 2026
- Neutral Sentiment: Earnings call recap and broader coverage — Summaries and call highlights emphasize cash generation and growth plans but add little new actionable detail beyond the buyback/operational guidance. Earnings Call Highlights
- Negative Sentiment: Short-term pullback/rotation risk — Despite strong fundamentals and analyst upgrades, the stock is down today, suggesting some profit-taking or sector rotation; refining margins and utilization remain cyclical risks that could pressure the share price if conditions shift.
Wall Street Analyst Weigh In
Several brokerages have recently commented on MPC. Wall Street Zen downgraded Marathon Petroleum from a “strong-buy” rating to a “buy” rating in a research note on Saturday, May 2nd. JPMorgan Chase & Co. raised their target price on Marathon Petroleum from $235.00 to $257.00 in a research note on Wednesday. Barclays raised their target price on Marathon Petroleum from $230.00 to $270.00 and gave the company an “overweight” rating in a research note on Wednesday. Jefferies Financial Group raised their target price on Marathon Petroleum from $263.00 to $279.00 and gave the company a “buy” rating in a research note on Monday, April 13th. Finally, Piper Sandler raised their target price on Marathon Petroleum from $197.00 to $228.00 and gave the company a “neutral” rating in a research note on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of $257.25.
Check Out Our Latest Stock Analysis on Marathon Petroleum
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.
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