Marathon Petroleum Corporation $MPC Stock Position Reduced by Hosking Partners LLP

Key Points

• Hosking Partners cut its Marathon Petroleum stake by 17.3% in the third quarter, selling 35,689 shares and retaining 171,157 shares worth approximately $67.7 million. Institutional investors still own 76.77% of MPC.
• Marathon Petroleum reported strong quarterly results, with EPS of $17.73 beating estimates by $3.46 and revenue of $51.99 billion exceeding forecasts. The company also maintains a $1.00 quarterly dividend, equivalent to a 0.9% annual yield.
• Analysts remain broadly bullish, with a consensus “Moderate Buy” rating and an average price target of $417.88, although insider selling, elevated valuation, and potential pressure on refining margins present risks.

Hosking Partners LLP trimmed its position in shares of Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 17.3% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 171,157 shares of the oil and gas company's stock after selling 35,689 shares during the period. Marathon Petroleum makes up about 2.3% of Hosking Partners LLP's holdings, making the stock its 8th largest holding. Hosking Partners LLP owned about 0.06% of Marathon Petroleum worth $67,679,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also modified their holdings of the company. Sawyer & Company Inc purchased a new position in shares of Marathon Petroleum in the third quarter valued at approximately $79,000. Atticus Wealth Management LLC grew its holdings in shares of Marathon Petroleum by 3.0% in the third quarter. Atticus Wealth Management LLC now owns 2,232 shares of the oil and gas company's stock valued at $883,000 after purchasing an additional 66 shares in the last quarter. Range Financial Group LLC grew its holdings in shares of Marathon Petroleum by 689.0% in the third quarter. Range Financial Group LLC now owns 15,686 shares of the oil and gas company's stock valued at $6,202,000 after purchasing an additional 13,698 shares in the last quarter. Cushing Capital Partners LLC purchased a new stake in Marathon Petroleum during the 3rd quarter worth approximately $204,000. Finally, Physician Wealth Advisors Inc. increased its stake in Marathon Petroleum by 7.8% during the 3rd quarter. Physician Wealth Advisors Inc. now owns 316 shares of the oil and gas company's stock worth $125,000 after buying an additional 23 shares during the period. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Marathon Petroleum Stock Down 1.3%

Shares of Marathon Petroleum stock opened at $469.02 on Thursday. Marathon Petroleum Corporation has a 52-week low of $161.93 and a 52-week high of $493.98. The company has a 50 day moving average of $405.97 and a 200 day moving average of $314.27. The company has a quick ratio of 0.89, a current ratio of 1.25 and a debt-to-equity ratio of 1.19. The company has a market capitalization of $136.92 billion, a P/E ratio of 16.12, a P/E/G ratio of 0.14 and a beta of 0.54.

Marathon Petroleum (NYSE:MPC - Get Free Report) last announced its quarterly earnings data on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, beating analysts' consensus estimates of $14.27 by $3.46. The company had revenue of $51.99 billion for the quarter, compared to the consensus estimate of $40.87 billion. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The company's quarterly revenue was up 53.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $3.96 EPS. As a group, research 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. Investors of record on Wednesday, August 19th were issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 0.9%. The ex-dividend date of this dividend was Wednesday, August 19th. Marathon Petroleum's dividend payout ratio is 13.75%.

Insider Buying and Selling at Marathon Petroleum

In other Marathon Petroleum news, SVP Shawn Lyon sold 1,000 shares of the firm's stock in a transaction on Monday, August 31st. The stock was sold at an average price of $375.75, for a total value of $375,750.00. Following the sale, the senior vice president directly owned 11,194 shares in the company, valued at $4,206,145.50. This trade represents a 8.20% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Erin M. Brzezinski sold 570 shares of the firm's stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total value of $206,790.30. Following the completion of the sale, the vice president owned 1,576 shares in the company, valued at approximately $571,757.04. This represents a 26.56% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 21,691 shares of company stock worth $7,780,127 over the last ninety days. Corporate insiders own 0.17% of the company's stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on the stock. The Goldman Sachs Group increased their target price on shares of Marathon Petroleum from $376.00 to $472.00 and gave the stock a "buy" rating in a report on Monday, September 21st. Weiss Ratings upgraded shares of Marathon Petroleum from a "buy (b)" rating to a "buy (b+)" rating in a research note on Thursday, October 8th. TD Cowen boosted their price target on shares of Marathon Petroleum from $357.00 to $375.00 and gave the stock a "buy" rating in a research note on Wednesday, August 5th. Piper Sandler upped their price objective on Marathon Petroleum from $344.00 to $462.00 and gave the stock an "overweight" rating in a research report on Thursday, September 3rd. Finally, Mizuho upped their price objective on Marathon Petroleum from $304.00 to $457.00 and gave the stock a "neutral" rating in a research report on Thursday, October 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have given a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and a consensus target price of $417.88.

Key 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

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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