Wesbanco Bank Inc. Has $3.26 Million Holdings in Marathon Petroleum Corporation $MPC

Wesbanco Bank Inc. trimmed its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 11.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 20,017 shares of the oil and gas company’s stock after selling 2,685 shares during the period. Wesbanco Bank Inc.’s holdings in Marathon Petroleum were worth $3,255,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in MPC. Kohmann Bosshard Financial Services LLC acquired a new position in Marathon Petroleum during the fourth quarter worth $31,000. WFA of San Diego LLC acquired a new position in Marathon Petroleum during the second quarter worth $33,000. Ares Financial Consulting LLC acquired a new position in Marathon Petroleum during the fourth quarter worth $34,000. Strategic Wealth Advisors LLC acquired a new position in Marathon Petroleum during the fourth quarter worth $36,000. Finally, Rialto Wealth Management LLC increased its holdings in Marathon Petroleum by 721.4% during the fourth quarter. Rialto Wealth Management LLC now owns 230 shares of the oil and gas company’s stock worth $37,000 after buying an additional 202 shares during the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Marathon Petroleum Price Performance

NYSE:MPC opened at $245.02 on Friday. Marathon Petroleum Corporation has a one year low of $149.65 and a one year high of $261.61. The company has a market cap of $71.53 billion, a P/E ratio of 15.99, a P/E/G ratio of 0.35 and a beta of 0.53. The firm’s fifty day moving average price is $229.28 and its two-hundred day moving average price is $200.99. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.74.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, beating the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The firm had revenue of $34.20 billion for the quarter, compared to the consensus estimate of $33.42 billion. During the same period in the previous year, the company earned ($0.24) earnings per share. The company’s quarterly revenue was up 8.5% on a year-over-year basis. Equities analysts expect that Marathon Petroleum Corporation will post 28.83 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be given a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.6%. The ex-dividend date of this dividend is Wednesday, May 20th. Marathon Petroleum’s payout ratio is presently 26.11%.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Marathon Petroleum reported a strong earnings beat, with EPS coming in 110% above expectations, reinforcing the view that the company’s refining business is performing well. Marathon Petroleum Corporation Just Beat EPS By 110%: Here’s What Analysts Think Will Happen Next
• Positive Sentiment: Goldman Sachs raised its price target on MPC to $291 from $264 and kept a buy rating, suggesting meaningful upside from current levels. Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $264.00 to $291.00.
• Positive Sentiment: JPMorgan also lifted its price target on Marathon Petroleum to $257 from $235, adding to the positive analyst momentum around the stock. Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $235.00 to $257.00.
• Positive Sentiment: TD Cowen reportedly raised its price target on MPC to $320, further reinforcing the bullish valuation case. Marathon Petroleum (NYSE:MPC) Price Target Raised to $320.00 at TD Cowen
• Neutral Sentiment: Zacks and Yahoo Finance highlighted MPC as a momentum stock with strong earnings surprises and bullish price trends, which may support trader interest but does not add new company-specific fundamentals. Zacks.com featured highlights include The Vita Coco Company, Indivior Pharmaceuticals and Marathon Petroleum
• Neutral Sentiment: Marathon Petroleum was also included in another “best momentum stocks” roundup, again reflecting positive market sentiment rather than a new operational update. 3 Best Momentum Stocks to Buy Now for Big Upside in May 2026
• Neutral Sentiment: A separate analysis said Marathon Petroleum’s buyback expansion and refinery projects support its valuation story, citing stronger quarterly results and a larger repurchase program. Marathon Petroleum Buyback Expansion And Refinery Projects Underpin Valuation Story

Insider Activity at Marathon Petroleum

In related news, insider Ricky D. Hessling sold 1,810 shares of the company’s stock in a transaction dated Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total value of $406,851.80. Following the transaction, the insider directly owned 10,188 shares in the company, valued at approximately $2,290,058.64. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders have sold 4,473 shares of company stock valued at $1,015,428 in the last 90 days. Corporate insiders own 0.17% of the company’s stock.

Analyst Upgrades and Downgrades

A number of brokerages recently weighed in on MPC. Weiss Ratings downgraded shares of Marathon Petroleum from a “hold (c+)” rating to a “hold (c)” rating in a report on Wednesday. BMO Capital Markets boosted their target price on shares of Marathon Petroleum from $230.00 to $255.00 and gave the stock an “outperform” rating in a report on Tuesday, April 7th. Zacks Research upgraded shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Raymond James Financial reiterated an “outperform” rating on shares of Marathon Petroleum in a report on Wednesday. Finally, Morgan Stanley upped their price objective on shares of Marathon Petroleum from $200.00 to $233.00 and gave the company an “overweight” rating in a report on Friday, April 24th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $257.25.

Marathon Petroleum Company Profile

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.