Marathon Petroleum Corporation $MPC Shares Sold by Commonwealth Equity Services LLC

Commonwealth Equity Services LLC reduced its holdings in Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 7.2% in the 3rd quarter, according to the company in its most recent filing with the SEC. The firm owned 112,295 shares of the oil and gas company's stock after selling 8,753 shares during the quarter. Commonwealth Equity Services LLC's holdings in Marathon Petroleum were worth $44,404,000 as of its most recent SEC filing.

Several other large investors have also recently modified their holdings of the business. Wealth Dimensions Group Ltd. lifted its holdings in Marathon Petroleum by 36.4% during the 3rd quarter. Wealth Dimensions Group Ltd. now owns 1,350 shares of the oil and gas company's stock worth $534,000 after buying an additional 360 shares during the period. Collaborative Fund Advisors LLC bought a new stake in shares of Marathon Petroleum in the 3rd quarter valued at about $450,000. Pathway Financial Advisers LLC acquired a new stake in shares of Marathon Petroleum in the third quarter valued at about $105,000. Optimist Retirement Group LLC acquired a new stake in shares of Marathon Petroleum in the third quarter valued at about $452,000. Finally, Covestor Ltd raised its position in shares of Marathon Petroleum by 53.1% during the third quarter. Covestor Ltd now owns 499 shares of the oil and gas company's stock worth $197,000 after acquiring an additional 173 shares during the last quarter. Institutional investors own 76.77% of the company's stock.

Marathon Petroleum Stock Performance

Shares of MPC opened at $372.48 on Friday. The company has a current ratio of 1.45, a quick ratio of 0.89 and a debt-to-equity ratio of 1.10. The firm's fifty day simple moving average is $421.69 and its two-hundred day simple moving average is $295.35. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $493.98. The stock has a market capitalization of $101.42 billion, a P/E ratio of 12.80, a price-to-earnings-growth ratio of 0.10 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its quarterly earnings data on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share for the quarter, topping the consensus estimate of $25.37 by $1.56. The firm had revenue of $56.03 billion during the quarter, compared to analyst estimates of $46.60 billion. Marathon Petroleum had a return on equity of 55.82% and a net margin of 8.27%. The business's quarterly revenue was up 57.6% on a year-over-year basis. During the same period last year, the company posted $3.01 EPS. As a group, analysts predict that Marathon Petroleum Corporation will post 66.31 EPS for the current year.

Marathon Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors 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 1.1%. Marathon Petroleum's dividend payout ratio (DPR) is currently 13.75%.

Insider Buying and Selling

In other Marathon Petroleum news, insider Molly Benson sold 17,196 shares of Marathon Petroleum 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 approximately $10,876,862.38. The trade was a 36.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, SVP Shawn Lyon sold 1,000 shares of the business's stock in a transaction that occurred 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 completion of the transaction, the senior vice president directly 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. Insiders sold 21,691 shares of company stock valued at $7,780,127 over the last 90 days. Company insiders own 0.17% of the company's stock.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What's Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC's Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Wall Street Analyst Weigh In

MPC has been the topic of a number of recent analyst reports. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $560.00 to $564.00 and gave the stock an "overweight" rating in a research note on Wednesday. Bank of America upped their target price on Marathon Petroleum from $410.00 to $426.00 and gave the company a "neutral" rating in a report on Friday, October 2nd. TD Cowen increased their target price on shares of Marathon Petroleum from $450.00 to $478.00 and gave the company a "buy" rating in a research report on Thursday, October 22nd. Raymond James Financial raised their price target on shares of Marathon Petroleum from $350.00 to $445.00 and gave the stock an "outperform" rating in a report on Monday, September 14th. Finally, Evercore set a $330.00 price target on shares of Marathon Petroleum in a research 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's stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average target price of $425.12.

Marathon Petroleum Profile

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.

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