5,744 Marathon Petroleum Corporation $MPC Shares Purchased by Compass Financial Management LLC

Key Points

• Compass Financial Management increased its Marathon Petroleum stake by 212.3% in the third quarter, adding 5,744 shares to hold 8,450 shares valued at about $3.34 million. Institutional investors and hedge funds collectively own 76.77% of the company.
• Marathon reported quarterly EPS of $26.93, beating the $25.37 consensus, while revenue reached $56.03 billion. Strong refining margins and refinery utilization supported results, though the article notes that easing margins could pressure future profits.
• Analysts have a “Moderate Buy” consensus and an average price target of $424.88; meanwhile, insiders sold about $7.78 million in shares over the past 90 days.

Compass Financial Management LLC boosted its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 212.3% in the third quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 8,450 shares of the oil and gas company's stock after buying an additional 5,744 shares during the quarter. Compass Financial Management LLC's holdings in Marathon Petroleum were worth $3,341,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Rakuten Investment Management Inc. raised its position in shares of Marathon Petroleum by 6.7% in the third quarter. Rakuten Investment Management Inc. now owns 51,128 shares of the oil and gas company's stock valued at $20,044,000 after buying an additional 3,231 shares during the last quarter. Provenance Wealth Advisors LLC increased its position in shares of Marathon Petroleum by 8,216.3% during the third quarter. Provenance Wealth Advisors LLC now owns 4,075 shares of the oil and gas company's stock valued at $1,611,000 after acquiring an additional 4,026 shares during the last quarter. Associated Banc Corp acquired a new position in shares of Marathon Petroleum in the 3rd quarter worth approximately $1,391,000. Integrity Alliance LLC. boosted its position in shares of Marathon Petroleum by 336.1% during the 3rd quarter. Integrity Alliance LLC. now owns 6,943 shares of the oil and gas company's stock worth $2,745,000 after purchasing an additional 5,351 shares during the period. Finally, First Nebraska Trust Co purchased a new position in shares of Marathon Petroleum during the 3rd quarter worth approximately $6,884,000. 76.77% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at Marathon Petroleum

In other news, insider Molly Benson sold 17,196 shares of the firm's stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total value of $6,165,969.72. Following the transaction, the insider directly owned 30,334 shares in the company, valued at $10,876,862.38. This trade represents a 36.18% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, SVP Shawn Lyon sold 1,000 shares of the company's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $375.75, for a total transaction of $375,750.00. Following the sale, the senior vice president directly owned 11,194 shares of the company's stock, valued at approximately $4,206,145.50. This trade represents a 8.20% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 21,691 shares of company stock valued at $7,780,127. Company insiders own 0.17% of the company's stock.

Analyst Ratings Changes

MPC has been the topic of a number of recent research reports. Morgan Stanley upped their price objective on Marathon Petroleum from $453.00 to $458.00 and gave the stock an "overweight" rating in a research report on Wednesday. Weiss Ratings upgraded shares of Marathon Petroleum from a "buy (b)" rating to a "buy (b+)" rating in a report on Thursday, October 8th. Evercore set a $330.00 price objective on shares of Marathon Petroleum in a research report on Wednesday, August 5th. Wells Fargo & Company raised their price objective on shares of Marathon Petroleum from $560.00 to $564.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Citigroup lifted their price objective on shares of Marathon Petroleum from $318.00 to $518.00 and gave the stock a "neutral" rating in a research report on Tuesday, October 13th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $424.88.

Marathon Petroleum Stock Down 8.2%

MPC opened at $392.09 on Thursday. The company has a debt-to-equity ratio of 1.19, a quick ratio of 0.89 and a current ratio of 1.25. The company has a market cap of $114.47 billion, a price-to-earnings ratio of 13.48, a PEG ratio of 0.11 and a beta of 0.53. Marathon Petroleum Corporation has a one year low of $161.93 and a one year high of $493.98. The business's fifty day moving average is $421.22 and its two-hundred day moving average is $293.35.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $25.37 by $1.56. The firm had revenue of $56.03 billion for the quarter, compared to analyst estimates of $46.60 billion. Marathon Petroleum had a return on equity of 58.93% and a net margin of 8.27%. Marathon Petroleum's revenue was up 57.6% on a year-over-year basis. During the same quarter in the prior year, the company earned $3.01 EPS. Analysts anticipate that Marathon Petroleum Corporation will post 64.12 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be given a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.0%. The ex-dividend date of this dividend is Wednesday, November 18th. Marathon Petroleum's payout ratio is 13.75%.

Marathon Petroleum News Roundup

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

• Positive Sentiment: Third-quarter adjusted EPS rose to $26.93 from $3.01 a year earlier, beating estimates. Adjusted EBITDA was $11.7 billion, supported by strong refining margins and record refinery utilization. Article: Marathon Petroleum Q3 Earnings and Revenues Surpass Estimates
• Positive Sentiment: MPC raised its quarterly dividend 10% and approved a $5 billion buyback, signaling confidence in cash generation and increasing potential shareholder returns. Article: Marathon Petroleum Raises Dividend 10% and Approves $5 Billion Buyback
• Neutral Sentiment: MPC agreed to sell its St. Paul Park and Mandan refineries and related businesses to CVR Energy in a roughly $4.2 billion transaction. The company plans to focus investment primarily on Gulf Coast growth; the deal provides substantial proceeds but also reduces its Midwest refining footprint. Article: Marathon Petroleum Agrees $4.2 Billion Refinery Deal To Refocus Its Footprint
• Negative Sentiment: The earnings surge was fueled by exceptional refining margins and favorable fuel spreads. If those conditions ease, profits could retreat, tempering enthusiasm for a quarter that was exceptionally strong. Article: Marathon Petroleum Refining Margin Jumps 160%
• Negative Sentiment: Reports highlighted a sharp single-session selloff, indicating investors were not reassured by the earnings beat and may be weighing profit-taking or the sustainability of peak refining conditions. Article: Marathon Petroleum Drops 7% in a Single Session, Erasing $8 Billion

Marathon Petroleum Profile

Marathon Petroleum Corporation NYSE: MPC is an American downstream energy company engaged in refining, marketing, and transporting petroleum products. Its operations include converting crude oil into gasoline, diesel, jet fuel, asphalt, propane, and other refined products used by transportation, industrial, and commercial customers.

The company markets fuel under the Marathon brand and supplies products to independent marketers, commercial businesses, and other wholesale customers. Marathon Petroleum also owns a general-partner interest and significant limited-partner interest in MPLX Inc, a midstream company that operates pipelines, storage facilities, terminals, and gathering and processing assets supporting the movement of crude oil and natural gas liquids.

Marathon Petroleum's refining and midstream activities are concentrated in the United States, with assets serving regions across the Midwest, Gulf Coast, and West Coast.

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