Research Analysts’ Recent Ratings Updates for Marathon Petroleum (MPC)

Several brokerages have updated their recommendations and price targets on shares of Marathon Petroleum (NYSE: MPC) in the last few weeks:

• 5/26/2026 – Marathon Petroleum had its price target raised by Jefferies Financial Group Inc. from $279.00 to $296.00. They now have a “buy” rating on the stock.
• 5/26/2026 – Marathon Petroleum had its price target raised by Bank of America Corporation from $224.00 to $260.00.
• 5/13/2026 – Marathon Petroleum had its price target raised by BMO Capital Markets from $255.00 to $290.00. They now have an “outperform” rating on the stock.
• 5/10/2026 – Marathon Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 5/7/2026 – Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $264.00 to $291.00. They now have a “buy” rating on the stock.
• 5/6/2026 – Marathon Petroleum was downgraded by Weiss Ratings from “hold (c+)” to “hold (c)”.
• 5/6/2026 – Marathon Petroleum was given a new $285.00 price target by UBS Group AG.
• 5/6/2026 – Marathon Petroleum had its “outperform” rating reaffirmed by Raymond James Financial, Inc..
• 5/6/2026 – Marathon Petroleum had its price target raised by Citigroup Inc. from $243.00 to $257.00. They now have a “neutral” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by Barclays PLC from $230.00 to $270.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $235.00 to $257.00.
• 5/6/2026 – Marathon Petroleum had its price target raised by Wells Fargo & Company to $335.00. They now have an “overweight” rating on the stock.
• 5/6/2026 – Marathon Petroleum had its price target raised by TD Cowen to $320.00. They now have a “buy” rating on the stock.
• 5/2/2026 – Marathon Petroleum was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 4/24/2026 – Marathon Petroleum had its price target raised by Morgan Stanley from $200.00 to $233.00. They now have an “overweight” rating on the stock.
• 4/22/2026 – Marathon Petroleum had its price target raised by Scotiabank from $174.00 to $210.00. They now have a “sector outperform” rating on the stock.
• 4/19/2026 – Marathon Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 4/13/2026 – Marathon Petroleum had its price target raised by Jefferies Financial Group Inc. from $263.00 to $279.00. They now have a “buy” rating on the stock.
• 4/11/2026 – Marathon Petroleum was downgraded by Wall Street Zen from “strong-buy” to “buy”.
• 4/10/2026 – Marathon Petroleum had its price target raised by Citigroup Inc. from $210.00 to $243.00. They now have a “neutral” rating on the stock.
• 4/10/2026 – Marathon Petroleum had its price target raised by Barclays PLC from $194.00 to $230.00. They now have an “overweight” rating on the stock.
• 4/10/2026 – Marathon Petroleum had its price target raised by The Goldman Sachs Group, Inc. from $239.00 to $264.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Marathon Petroleum had its price target raised by JPMorgan Chase & Co. from $184.00 to $235.00. They now have a “neutral” rating on the stock.
• 4/9/2026 – Marathon Petroleum had its price target raised by Piper Sandler from $197.00 to $228.00. They now have a “neutral” rating on the stock.
• 4/7/2026 – Marathon Petroleum was upgraded by Zacks Research from “hold” to “strong-buy”.
• 4/7/2026 – Marathon Petroleum had its price target raised by BMO Capital Markets from $230.00 to $255.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – Marathon Petroleum had its price target raised by UBS Group AG from $221.00 to $280.00. They now have a “buy” rating on the stock.
• 4/1/2026 – Marathon Petroleum had its price target raised by TD Cowen from $198.00 to $299.00. They now have a “buy” rating on the stock.
• 3/28/2026 – Marathon Petroleum was upgraded by Wall Street Zen from “buy” to “strong-buy”.
• 3/27/2026 – Marathon Petroleum was upgraded by Scotiabank to “strong-buy”.

Marathon Petroleum Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.5%. The ex-dividend date of this dividend is Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio (DPR) is presently 26.11%.

Insider Buying and Selling at Marathon Petroleum

In other news, insider Ricky D. Hessling sold 1,810 shares of the company’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 transaction of $406,851.80. Following the completion of the sale, the insider owned 10,188 shares in the company, valued at $2,290,058.64. This 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 link. In the last quarter, insiders sold 4,473 shares of company stock valued at $1,015,428. Company insiders own 0.17% of the company’s stock.

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.