9,509 Marathon Petroleum Corporation $MPC Shares Sold by Crossmark Global Holdings Inc.

Key Points

• Crossmark Global Holdings cut its Marathon Petroleum stake by 12.3%, selling 9,509 shares and retaining 67,895 shares valued at approximately $26.8 million. Institutional investors collectively own 76.77% of MPC.
• Marathon Petroleum reported strong quarterly results, with EPS of $17.73 versus the $14.27 consensus and revenue up 53.5% year over year to $51.99 billion.
• Insiders sold 21,691 shares worth $7.78 million over the past three months, while MPC continued its quarterly dividend of $1.00 per share. Analysts maintain a “Moderate Buy” consensus with an average price target of $417.88.

Crossmark Global Holdings Inc. lowered its stake in Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 12.3% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 67,895 shares of the oil and gas company's stock after selling 9,509 shares during the quarter. Crossmark Global Holdings Inc.'s holdings in Marathon Petroleum were worth $26,847,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of the stock. Solstein Capital LLC acquired a new stake in Marathon Petroleum in the second quarter worth $26,000. Caitlin John LLC bought a new stake in Marathon Petroleum in the second quarter valued at $26,000. Bell Investment Advisors Inc bought a new stake in Marathon Petroleum in the second quarter valued at $27,000. Main Street Group LTD acquired a new position in shares of Marathon Petroleum during the first quarter valued at about $35,000. Finally, Cetera Trust Company N.A acquired a new position in shares of Marathon Petroleum during the second quarter valued at about $35,000. Institutional investors and hedge funds own 76.77% of the company's stock.

Insider Transactions at Marathon Petroleum

In other Marathon Petroleum news, insider Molly R. Benson sold 17,196 shares of Marathon Petroleum stock in a transaction dated Monday, August 17th. The stock was sold at an average price of $358.57, for a total transaction of $6,165,969.72. Following the completion of the transaction, the insider owned 30,334 shares in the company, valued at approximately $10,876,862.38. The trade was a 36.18% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, VP Erin M. Brzezinski sold 570 shares of Marathon Petroleum stock in a transaction dated Thursday, August 27th. The shares were sold at an average price of $362.79, for a total value of $206,790.30. Following the transaction, the vice president owned 1,576 shares of the company's stock, valued at $571,757.04. This trade represents a 26.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 21,691 shares of company stock valued at $7,780,127 over the last three months. Corporate insiders own 0.17% of the company's stock.

Marathon Petroleum Stock Performance

Shares of MPC stock opened at $469.02 on Thursday. The firm has a market capitalization of $136.92 billion, a PE ratio of 16.12, a price-to-earnings-growth ratio of 0.14 and a beta of 0.54. The firm has a fifty day simple moving average of $405.97 and a two-hundred day simple moving average of $314.27. 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 Corporation has a 12 month low of $161.93 and a 12 month high of $493.98.

Marathon Petroleum (NYSE:MPC - Get Free Report) last released its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The firm had revenue of $51.99 billion for the quarter, compared to the consensus estimate of $40.87 billion. During the same quarter in the prior year, the company posted $3.96 earnings per share. The business's revenue was up 53.5% on a year-over-year basis. Analysts forecast that Marathon Petroleum Corporation will post 64.00 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders 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 dividend yield of 0.9%. Marathon Petroleum's payout ratio is presently 13.75%.

More Marathon Petroleum News

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

• Positive Sentiment: Strong refining margins support earnings: Higher fuel margins are improving profitability across U.S. refiners, including MPC. The favorable industry backdrop could sustain cash flow and shareholder returns if margins remain elevated. U.S. Refiners Benefit From Strong Margins: Will Momentum Last?
• Positive Sentiment: Positive long-term performance and momentum: MPC has substantially outperformed the broader market and major technology stocks in 2026, attracting investor attention and reinforcing the bullish momentum case. An Oil Refiner Is Beating Nvidia This Year
• Neutral Sentiment: Supplier recognition highlights operational relationships: Cognite was named MPC’s Corporate Supplier of the Year, recognizing its contribution to the company’s business. The award is positive for the relationship but is unlikely to materially affect MPC’s earnings or valuation. Cognite Earns Corporate Supplier of the Year Award from Marathon Petroleum Corporation
• Negative Sentiment: Profit-taking and valuation concerns: After establishing a new one-year high and advancing sharply, MPC faces a higher risk of profit-taking. Analysts have also questioned the stock’s limited margin of safety and whether profitability has reached a ceiling. Marathon Petroleum: Good Momentum Stocks, But Little Margin Of Safety
• Negative Sentiment: Middle East risks could pressure margins: Higher crude prices linked to regional tensions may benefit upstream producers but can raise refiners’ input costs. Investors are weighing whether the conflict-driven boost to energy prices and refining economics can last. Marathon Petroleum Profitability Seems To Have A Ceiling With The Mature Conflict In The Middle East

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on MPC. Jefferies Financial Group reissued a "hold" rating and set a $433.00 price objective on shares of Marathon Petroleum in a research report on Sunday, October 11th. Citigroup boosted their target price on Marathon Petroleum from $318.00 to $518.00 and gave the company a "neutral" rating in a research report on Tuesday, October 13th. Piper Sandler boosted their target price on Marathon Petroleum from $344.00 to $462.00 and gave the company an "overweight" rating in a research report on Thursday, September 3rd. Zacks Research raised Marathon Petroleum from a "hold" rating to a "strong-buy" rating in a research note on Friday, September 4th. Finally, TD Cowen increased their price target on Marathon Petroleum from $357.00 to $375.00 and gave the stock a "buy" rating in a report on Wednesday, August 5th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $417.88.

Marathon Petroleum Company 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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.