Gabelli Funds LLC Sells 29,100 Shares of Marathon Petroleum Corporation $MPC

Key Points

• Gabelli Funds LLC trimmed its Marathon Petroleum stake by 12.7%, selling 29,100 shares and leaving it with 199,700 shares valued at about $38.49 million; institutional investors now own roughly 76.77% of the stock.
• Marathon topped expectations in the quarter with $4.07 EPS vs. $3.73 estimate and $32.57 billion in revenue, and announced a $1.00 quarterly dividend (annualized $4.00, ~1.8% yield).
• Brokerage sentiment is broadly constructive—a consensus rating of "Moderate Buy" with an average price target of $202.19 (11 Buys, 8 Holds)—while firms have varied targets (e.g., Barclays $194, Wells Fargo $217, TD Cowen $198).

Gabelli Funds LLC cut its holdings in Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 12.7% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 199,700 shares of the oil and gas company's stock after selling 29,100 shares during the period. Gabelli Funds LLC owned 0.07% of Marathon Petroleum worth $38,490,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the business. Consolidated Portfolio Review Corp purchased a new position in shares of Marathon Petroleum in the third quarter worth $231,000. United Capital Management of KS Inc. grew its stake in Marathon Petroleum by 1.1% during the third quarter. United Capital Management of KS Inc. now owns 46,056 shares of the oil and gas company's stock valued at $8,877,000 after acquiring an additional 512 shares in the last quarter. Advisory Alpha LLC increased its holdings in Marathon Petroleum by 21.1% in the 3rd quarter. Advisory Alpha LLC now owns 8,008 shares of the oil and gas company's stock valued at $1,540,000 after acquiring an additional 1,397 shares during the last quarter. IFG Advisory LLC bought a new stake in Marathon Petroleum in the 3rd quarter valued at $651,000. Finally, Cresset Asset Management LLC lifted its stake in Marathon Petroleum by 61.5% in the 3rd quarter. Cresset Asset Management LLC now owns 11,011 shares of the oil and gas company's stock worth $2,122,000 after purchasing an additional 4,194 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have recently weighed in on MPC. Barclays cut their price objective on Marathon Petroleum from $202.00 to $194.00 and set an "overweight" rating for the company in a research report on Tuesday, January 13th. Scotiabank reiterated an "outperform" rating and issued a $174.00 target price on shares of Marathon Petroleum in a research report on Friday, January 16th. Zacks Research lowered Marathon Petroleum from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, January 20th. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $213.00 to $217.00 and gave the stock an "overweight" rating in a research note on Wednesday, February 4th. Finally, TD Cowen upped their price objective on Marathon Petroleum from $183.00 to $198.00 and gave the stock a "buy" rating in a report on Wednesday, February 4th. Eleven research analysts have rated the stock with a Buy rating and eight have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $202.19.

Marathon Petroleum News Summary

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

• Positive Sentiment: Refiner tailwind as crude rallies — multiple pieces note that surging oil (Brent near mid-$80s) and Middle East tensions are lifting expectations for higher refining margins, which benefits large refiners like Marathon. Oil Is Surging and These 3 Energy Stocks Could Double Your Money Before 2027
• Positive Sentiment: Analyst/market recognition — Broker consensus remains constructive (consensus "Moderate Buy") and analysts/public commentators highlight Marathon's scale, cash flows and recent earnings beat that support the bullish case. Marathon Petroleum Corporation NYSE: MPC Receives Consensus Rating of "Moderate Buy" from Brokerages
• Positive Sentiment: Company fundamentals and momentum — Recent earnings topped estimates (quarterly EPS beat and robust revenue), strong cash generation, and technical momentum are cited as reasons the stock is in a sustained uptrend. Why One Energy Expert Is Betting on These 3 Oil Stocks Now
• Neutral Sentiment: Trending stock attention — Zacks and Yahoo stories note heightened retail/investor interest and search activity, which can amplify moves but does not itself change fundamentals. Here is What to Know Beyond Why Marathon Petroleum Corporation (MPC) is a Trending Stock
• Neutral Sentiment: Sector positioning — Articles highlighting refiners/midstream as places to hide or earn yield emphasize diversification across upstream, refining and pipelines; Marathon is featured as a major downstream play but is sensitive to cycle swings. Energy sector coverage referencing Marathon
• Negative Sentiment: Valuation and profit‑cycle risk — Several pieces question whether the multi‑year share gains are fully justified and flag that the stock is near its 1‑year high; after a strong rally, upside could be limited if refining margins normalize. Is Marathon Petroleum (MPC) Price Justified After Strong Multi‑Year Share Gains?
• Negative Sentiment: Exposure to volatility and leverage — Marathon benefits from higher crude but remains exposed to swings in oil and refining margins; its debt/equity (~1.27) and modest net margin (~3%) make it sensitive to margin compression and macro shocks. Marathon Petroleum (MPC) Valuation Check After Energy Sector Rally And Strong Investor Optimism

Marathon Petroleum Stock Up 1.8%

Shares of NYSE MPC opened at $221.21 on Friday. The firm's 50-day moving average price is $187.19 and its 200-day moving average price is $186.22. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 1.27. The stock has a market capitalization of $65.20 billion, a price-to-earnings ratio of 16.57, a P/E/G ratio of 1.34 and a beta of 0.69. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $228.55.

Marathon Petroleum (NYSE:MPC - Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 EPS for the quarter, topping the consensus estimate of $3.73 by $0.34. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The company had revenue of $32.57 billion during the quarter, compared to analyst estimates of $30.89 billion. During the same quarter last year, the business posted $0.77 earnings per share. The firm's revenue was down .1% on a year-over-year basis. On average, equities research analysts anticipate that Marathon Petroleum Corporation will post 8.47 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 18th will be issued a $1.00 dividend. The ex-dividend date is Wednesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.8%. Marathon Petroleum's payout ratio is 29.96%.

Marathon Petroleum Company Profile

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.

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