Marathon Petroleum Corporation $MPC Shares Bought by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management raised its stake in Marathon Petroleum by 75.1% in Q4 to 234,430 shares (worth about $38.1M), and institutional investors collectively own roughly 76.77% of MPC.
• Marathon beat Q4 expectations with EPS of $4.07 vs. $3.73 and revenue of $32.57B (vs. $30.89B); the stock carries a $66.23B market cap, a PE of 16.85, and a 12‑month range of $121.69–$255.77.
• The company pays a quarterly dividend of $1.00 ($4.00 annualized, yield ~1.8%, DPR ~30%), and analysts hold a consensus "Moderate Buy" rating with a $232.88 price target amid mixed analyst revisions.

Robeco Institutional Asset Management B.V. raised its position in Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 75.1% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 234,430 shares of the oil and gas company's stock after acquiring an additional 100,511 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.08% of Marathon Petroleum worth $38,125,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. Delos Wealth Advisors LLC acquired a new stake in Marathon Petroleum in the second quarter valued at approximately $25,000. KERR FINANCIAL PLANNING Corp acquired a new stake in shares of Marathon Petroleum during the third quarter worth approximately $39,000. IAG Wealth Partners LLC acquired a new stake in shares of Marathon Petroleum during the third quarter worth approximately $39,000. WFA of San Diego LLC acquired a new stake in shares of Marathon Petroleum during the second quarter worth approximately $33,000. Finally, Rialto Wealth Management LLC grew its position in shares of Marathon Petroleum by 721.4% during the fourth quarter. Rialto Wealth Management LLC now owns 230 shares of the oil and gas company's stock worth $37,000 after buying an additional 202 shares in the last quarter. Institutional investors and hedge funds own 76.77% of the company's stock.

Marathon Petroleum Stock Performance

Shares of MPC opened at $224.89 on Tuesday. The business's fifty day moving average price is $219.20 and its 200 day moving average price is $196.31. Marathon Petroleum Corporation has a 12-month low of $121.69 and a 12-month high of $255.77. The stock has a market capitalization of $66.23 billion, a PE ratio of 16.85, a price-to-earnings-growth ratio of 0.44 and a beta of 0.58. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.26 and a quick ratio of 0.74.

Marathon Petroleum (NYSE:MPC - Get Free Report) last announced its quarterly earnings data on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share (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 firm had revenue of $32.57 billion for the quarter, compared to analysts' expectations of $30.89 billion. During the same period last year, the business posted $0.77 earnings per share. The firm's revenue for the quarter was down .1% on a year-over-year basis. Equities research analysts forecast that Marathon Petroleum Corporation will post 8.47 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Wednesday, February 18th were paid a dividend of $1.00 per share. The ex-dividend date was Wednesday, February 18th. This represents a $4.00 annualized dividend and a yield of 1.8%. Marathon Petroleum's dividend payout ratio (DPR) is 29.96%.

Analyst Ratings Changes

A number of analysts have recently weighed in on the stock. Piper Sandler raised their price target on shares of Marathon Petroleum from $197.00 to $228.00 and gave the stock a "neutral" rating in a research report on Thursday, April 9th. Wall Street Zen downgraded shares of Marathon Petroleum from a "strong-buy" rating to a "buy" rating in a research report on Saturday. Wells Fargo & Company raised their price target on shares of Marathon Petroleum from $213.00 to $217.00 and gave the stock an "overweight" rating in a research report on Wednesday, February 4th. Weiss Ratings downgraded shares of Marathon Petroleum from a "buy (b-)" rating to a "hold (c+)" rating in a research report on Thursday, March 19th. Finally, Jefferies Financial Group decreased their price target on shares of Marathon Petroleum from $216.00 to $205.00 and set a "buy" rating for the company in a research report on Monday, January 26th. Two investment analysts have rated the stock with a Strong Buy rating, nine have issued a Buy rating and eight have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $232.88.

Insider Transactions at Marathon Petroleum

In related news, insider Ricky D. Hessling sold 1,810 shares of the firm's stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total transaction of $406,851.80. Following the transaction, the insider directly owned 10,188 shares in the company, valued at $2,290,058.64. This trade represents a 15.09% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold 4,473 shares of company stock worth $1,015,428 in the last quarter. Company insiders own 0.17% of the company's stock.

About Marathon Petroleum

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.

Want to see what other hedge funds are holding MPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marathon Petroleum Corporation (NYSE:MPC - Free Report).

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.