Marathon Petroleum Corporation $MPC Holdings Increased by International Assets Investment Management LLC

Key Points

• Institutional ownership increased: International Assets Investment Management LLC raised its Marathon Petroleum stake by 196.3% to 15,000 shares, while institutional investors collectively own 76.77% of the company.
• Analysts remain broadly positive: Marathon Petroleum has a “Moderate Buy” consensus rating and an average price target of $424.31, with several firms recently raising their targets.
• Strong results and shareholder returns: The company exceeded quarterly EPS and revenue expectations, reported 53.5% year-over-year revenue growth, and announced a $1.00 quarterly dividend, though insiders sold roughly $7.8 million of stock over the past three months.

International Assets Investment Management LLC increased its position in shares of Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 196.3% in the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 15,000 shares of the oil and gas company's stock after purchasing an additional 9,937 shares during the period. International Assets Investment Management LLC's holdings in Marathon Petroleum were worth $5,931,000 as of its most recent SEC filing.

Other institutional investors also recently added to or reduced their stakes in the company. BlackRock Inc. acquired a new stake in shares of Marathon Petroleum in the 2nd quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp purchased a new stake in Marathon Petroleum during the second quarter worth $1,029,611,000. Bank of America Corp DE grew its holdings in Marathon Petroleum by 1.6% in the first quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company's stock valued at $633,668,000 after purchasing an additional 40,124 shares during the last quarter. Amundi increased its position in shares of Marathon Petroleum by 17.5% in the second quarter. Amundi now owns 2,237,930 shares of the oil and gas company's stock valued at $572,172,000 after buying an additional 332,551 shares in the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC raised its stake in shares of Marathon Petroleum by 16.7% during the 2nd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 1,508,489 shares of the oil and gas company's stock worth $385,675,000 after buying an additional 215,686 shares during the last quarter. Hedge funds and other institutional investors own 76.77% of the company's stock.

Insiders Place Their Bets

In other Marathon Petroleum news, insider Molly R. Benson sold 17,196 shares of the company's stock in a transaction that occurred on 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 completion of the sale, the insider directly owned 30,334 shares in the company, valued at $10,876,862.38. This represents a 36.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, SVP Shawn M. Lyon sold 1,000 shares of Marathon Petroleum stock in a transaction on Monday, August 31st. The shares were sold at an average price of $375.75, for a total value of $375,750.00. Following the transaction, the senior vice president owned 11,194 shares in the company, 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. In the last three months, insiders have sold 21,691 shares of company stock worth $7,780,127. 0.17% of the stock is owned by corporate insiders.

Analysts Set New Price Targets

A number of equities research analysts recently commented on the stock. Piper Sandler increased their price objective on shares of Marathon Petroleum from $344.00 to $462.00 and gave the company an "overweight" rating in a research note on Thursday, September 3rd. The Goldman Sachs Group raised their price objective on Marathon Petroleum from $376.00 to $472.00 and gave the stock a "buy" rating in a report on Monday, September 21st. Bank of America boosted their price target on Marathon Petroleum from $410.00 to $426.00 and gave the company a "neutral" rating in a research report on Friday, October 2nd. UBS Group set a $510.00 target price on Marathon Petroleum in a research note on Friday, October 9th. Finally, Evercore set a $330.00 target price on Marathon Petroleum in a research report on Wednesday, August 5th. One research 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. According to data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $424.31.

Marathon Petroleum Trading Up 0.0%

Shares of NYSE MPC opened at $444.92 on Monday. Marathon Petroleum Corporation has a 12-month low of $161.93 and a 12-month high of $493.98. The company has a market cap of $129.89 billion, a price-to-earnings ratio of 15.29, a price-to-earnings-growth ratio of 0.12 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The stock's 50 day simple moving average is $417.80 and its 200 day simple moving average is $289.77.

Marathon Petroleum (NYSE:MPC - Get Free Report) last announced 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. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The company had revenue of $51.99 billion during the quarter, compared to the consensus estimate of $40.87 billion. During the same quarter in the previous year, the company posted $3.96 earnings per share. The company's revenue for the quarter was up 53.5% compared to the same quarter last year. Equities research analysts expect that Marathon Petroleum Corporation will post 64.12 EPS for the current year.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Wednesday, November 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $4.00 annualized dividend and a yield of 0.9%. Marathon Petroleum's dividend payout ratio (DPR) is presently 13.75%.

Marathon Petroleum News Summary

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

• Positive Sentiment: Dividend raised 10%: Marathon Petroleum increased its quarterly dividend from $1.00 to $1.10 per share, payable December 10 to shareholders of record November 18. The increase signals confidence in cash generation and strengthens the stock’s shareholder-return appeal. Marathon Petroleum Corp. Increases Quarterly Dividend
• Positive Sentiment: Positive pre-earnings expectations: Analysts and financial commentary describe MPC as a potentially attractive value and momentum stock ahead of its November 3 results. Investors are watching whether refining profitability, revenue and other operating metrics can exceed elevated expectations. This Is Why MPC Stock Is a Smart Buy Before Q3 Earnings Release
• Positive Sentiment: Strong momentum and valuation support: Zacks identifies MPC as a strong momentum stock, while other coverage highlights its growth potential and comparatively attractive PEG-based valuation. These signals may be encouraging additional buying interest. Here's Why Marathon Petroleum Is a Strong Momentum Stock
• Neutral Sentiment: Board appointment: David E. Constable will join MPC’s board effective March 1, 2027. The appointment could add strategic or governance expertise, but its near-term earnings impact is unclear. David Constable to Join Marathon Petroleum Board
• Negative Sentiment: Profit-taking and earnings risks: ETFs were net sellers of MPC, while commentary warns that pressured refining margins and gasoline markets could disappoint after the stock’s substantial rally. Even a quarterly earnings beat may trigger selling if results or guidance fail to exceed high expectations. Marathon Petroleum’s November 3 Earnings Red Flags

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.

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