Shawn Lyon Sells 1,000 Shares of Marathon Petroleum (NYSE:MPC) Stock

Marathon Petroleum Corporation (NYSE:MPC) SVP Shawn Lyon sold 1,000 shares of the stock in a transaction that occurred on Monday, August 31st. The shares were sold at an average price of $375.75, for a total transaction of $375,750.00. Following the sale, the senior vice president owned 11,194 shares in the company, valued at approximately $4,206,145.50. The trade was a 8.20% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website.

Marathon Petroleum Price Performance

Shares of NYSE MPC opened at $387.12 on Thursday. The firm has a market cap of $113.02 billion, a P/E ratio of 13.31, a PEG ratio of 0.25 and a beta of 0.53. Marathon Petroleum Corporation has a twelve month low of $161.93 and a twelve month high of $391.98. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19. The company has a 50 day moving average of $316.89 and a 200 day moving average of $264.35.

Marathon Petroleum (NYSE:MPC) last posted its earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $40.87 billion. During the same quarter last year, the company earned $3.96 EPS. The company’s quarterly revenue was up 53.5% compared to the same quarter last year. As a group, research analysts expect that Marathon Petroleum Corporation will post 46.66 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Investors of record on Wednesday, August 19th will be issued a $1.00 dividend. 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 presently 13.75%.

Wall Street Analysts Forecast Growth

A number of analysts have recently commented on the stock. Jefferies Financial Group set a $335.00 price target on shares of Marathon Petroleum and gave the stock a “buy” rating in a research note on Sunday, July 12th. Barclays raised their target price on shares of Marathon Petroleum from $289.00 to $321.00 and gave the stock an “overweight” rating in a report on Thursday, August 6th. Citigroup boosted their target price on shares of Marathon Petroleum from $303.00 to $318.00 and gave the company a “neutral” rating in a research note on Wednesday, August 5th. Morgan Stanley increased their price target on Marathon Petroleum from $233.00 to $265.00 and gave the company an “overweight” rating in a report on Friday, June 12th. Finally, Wells Fargo & Company lifted their price objective on Marathon Petroleum from $359.00 to $400.00 and gave the stock an “overweight” rating in a report on Tuesday. Twelve equities research analysts have rated the stock with a Buy rating and five have issued a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus price target of $315.06.

Trending Headlines about Marathon Petroleum

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

• Positive Sentiment: Refining peers’ results and analyst optimism boosted the sector. MPC gained as strong earnings from other refiners reinforced expectations for healthy fuel demand and profitability. Analysts also remain broadly constructive on the refining outlook, helping support investor sentiment. Why Marathon Petroleum Is Up After Refining Peers’ Earnings Strength and Analyst Optimism
• Positive Sentiment: A potential global fuel squeeze could benefit refiners. Goldman Sachs sees a major shift in oil markets, with tightening fuel supplies potentially creating another refining windfall. Geopolitical risks and disruptions near key shipping routes could further support product prices and refining margins, although these benefits may be cyclical. Goldman Sachs Sees Major Shift Coming for Oil Markets
• Positive Sentiment: Marathon’s latest financial performance remains a fundamental support. The company’s most recent quarter produced earnings per share of $17.73, well above the $14.27 consensus estimate, while revenue increased 53.5% year over year. MPC also maintains a quarterly dividend of $1.00 per share, with a reported payout ratio of 13.75%.
• Neutral Sentiment: Long-term returns highlight MPC’s investment appeal but are not a new operating catalyst. A review of a hypothetical investment made a decade ago emphasizes the potential rewards of holding successful energy stocks over long periods. If You Invested $1000 in Marathon Petroleum a Decade Ago
• Negative Sentiment: Several insiders sold shares near record levels. SVP Shawn Lyon sold 1,425 shares in two transactions for approximately $532,000, while VP and Controller Erin Brzezinski sold 570 shares for about $207,000. The sales reduced their holdings by 8.2% and 26.6%, respectively. The transactions may reflect personal financial decisions, but the cluster of selling could temper enthusiasm. MPC Insider Selling Reports

Institutional Inflows and Outflows

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

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.