Marathon Petroleum (NYSE:MPC) Shares Sold Off by Rep. David Taylor

Key Points

• Rep. David Taylor sold $1,001–$15,000 of Marathon Petroleum stock on September 22 through his trust-linked 401(k) account, according to a filing disclosed October 1.
• Marathon Petroleum reported strong quarterly results, with EPS of $17.73 versus a $14.27 estimate and revenue of $51.99 billion, up 53.5% year over year. The company also pays a $1.00 quarterly dividend, equivalent to a 0.9% yield.
• MPC shares opened at $421.93, near their 52-week high of $431.08. Analysts hold a consensus “Moderate Buy” rating, although the $370.38 average price target is below the current share price.

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on October 1st, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on September 22nd. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) - DAVE" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Home Depot NYSE: HD on 9/22/2026.
• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 9/22/2026.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 9/8/2026.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 9/8/2026.
• Sold $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Vertex Pharmaceuticals NASDAQ: VRTX on 8/26/2026.
• Sold $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 8/26/2026.
• Purchased $1,001 - $15,000 in shares of American Electric Power NASDAQ: AEP on 8/26/2026.

Marathon Petroleum Stock Performance

NYSE MPC opened at $421.93 on Friday. The firm has a market capitalization of $123.18 billion, a P/E ratio of 14.50, a price-to-earnings-growth ratio of 0.13 and a beta of 0.54. The firm's fifty day moving average price is $367.08 and its two-hundred day moving average price is $293.45. Marathon Petroleum Corporation has a 1 year low of $161.93 and a 1 year high of $431.08. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19.

Marathon Petroleum (NYSE:MPC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share (EPS) for the quarter, beating the consensus estimate of $14.27 by $3.46. The company had revenue of $51.99 billion for the quarter, compared to analyst estimates of $40.87 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The company's revenue for the quarter was up 53.5% compared to the same quarter last year. During the same quarter last year, the company posted $3.96 EPS. As a group, research analysts anticipate that Marathon Petroleum Corporation will post 59.15 EPS for the current year.

Marathon Petroleum Announces Dividend

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

Analysts Set New Price Targets

Several equities research analysts recently weighed in on MPC shares. Weiss Ratings raised Marathon Petroleum from a "hold (c+)" rating to a "buy (b)" rating in a report on Wednesday, August 5th. Citigroup reaffirmed a "neutral" rating on shares of Marathon Petroleum in a research report on Friday. Zacks Research upgraded shares of Marathon Petroleum from a "hold" rating to a "strong-buy" rating in a research report on Friday, September 4th. The Goldman Sachs Group upped their price target on shares of Marathon Petroleum from $376.00 to $472.00 and gave the stock a "buy" rating in a report on Monday, September 21st. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a $413.00 price target on shares of Marathon Petroleum in a research report on Monday, September 21st. One investment 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 company's stock. Based on data from MarketBeat.com, Marathon Petroleum currently has a consensus rating of "Moderate Buy" and a consensus price target of $370.38.

Institutional Investors Weigh In On Marathon Petroleum

Hedge funds have recently modified their holdings of the company. BlackRock Inc. bought a new position in Marathon Petroleum in the 2nd quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp purchased a new stake in shares of Marathon Petroleum during the second quarter valued at $1,029,611,000. Bank of America Corp DE acquired a new stake in shares of Marathon Petroleum during the second quarter valued at approximately $621,832,000. Capital Wealth Planning LLC boosted its position in shares of Marathon Petroleum by 49,392.0% in the fourth quarter. Capital Wealth Planning LLC now owns 1,498,124 shares of the oil and gas company's stock worth $245,157,000 after buying an additional 1,495,097 shares during the period. Finally, Legal & General Group Plc purchased a new stake in Marathon Petroleum in the 2nd quarter worth approximately $380,745,000. 76.77% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Marathon Petroleum

In other Marathon Petroleum news, VP Erin M. Brzezinski sold 570 shares of the firm's stock in a transaction dated Thursday, August 27th. The stock was sold at an average price of $362.79, for a total transaction of $206,790.30. Following the transaction, 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 transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Also, SVP Shawn Lyon sold 2,500 shares of Marathon Petroleum stock in a transaction on Thursday, August 13th. The stock was sold at an average price of $350.00, for a total transaction of $875,000.00. Following the completion of the transaction, the senior vice president owned 12,619 shares in the company, valued at $4,416,650. This trade represents a 16.54% decrease in their position. The SEC filing for this sale provides additional information. Over the last quarter, insiders have sold 21,691 shares of company stock valued at $7,780,127. 0.17% of the stock is currently owned by corporate insiders.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation NYSE: MPC is an integrated downstream energy company engaged primarily in refining, marketing and transporting petroleum products. The company converts crude oil and other feedstocks into gasoline, diesel, jet fuel, asphalt, propane and other refined products used by consumers, businesses and industrial customers.

Marathon Petroleum operates refineries and related logistics assets in the United States, with a refining and marketing presence serving markets across the Midwest, Gulf Coast and West Coast.

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