Martingale Asset Management L P Grows Holdings in Marathon Petroleum Corporation $MPC

Key Points

• Martingale Asset Management boosted its stake in Marathon Petroleum by 485.2% in Q3 to 101,460 shares (an additional 84,123 shares), valued at about $19.56 million.
• Marathon posted a strong quarter (Q4 EPS $4.07 vs. $3.73 est., revenue $32.57B vs. $30.89B) and recently paid a $1.00 quarterly dividend ($4.00 annualized, ~1.7% yield), underpinning cash returns and buyback potential.
• Analyst sentiment is generally positive—eleven Buys vs. eight Holds with a consensus target of $204.25 and recent price-target upgrades (Goldman to $239)—and institutional investors own roughly 76.77% of the shares.

Martingale Asset Management L P increased its stake in shares of Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 485.2% in the third quarter, according to its most recent 13F filing with the SEC. The firm owned 101,460 shares of the oil and gas company's stock after purchasing an additional 84,123 shares during the period. Martingale Asset Management L P's holdings in Marathon Petroleum were worth $19,555,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in MPC. Delos Wealth Advisors LLC acquired a new position in Marathon Petroleum during the second quarter worth $25,000. WFA of San Diego LLC purchased a new position in shares of Marathon Petroleum during the second quarter worth $33,000. Transce3nd LLC grew its stake in shares of Marathon Petroleum by 10,250.0% in the second quarter. Transce3nd LLC now owns 207 shares of the oil and gas company's stock valued at $34,000 after buying an additional 205 shares in the last quarter. Twin Peaks Wealth Advisors LLC purchased a new stake in shares of Marathon Petroleum in the 2nd quarter valued at $38,000. Finally, IAG Wealth Partners LLC purchased a new stake in shares of Marathon Petroleum in the 3rd quarter valued at $39,000. Institutional investors and hedge funds own 76.77% of the company's stock.

Marathon Petroleum Stock Performance

NYSE:MPC opened at $230.36 on Friday. Marathon Petroleum Corporation has a 12 month low of $115.10 and a 12 month high of $236.11. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.26 and a quick ratio of 0.74. The firm has a market capitalization of $67.89 billion, a PE ratio of 17.26, a price-to-earnings-growth ratio of 1.35 and a beta of 0.69. The business's fifty day moving average price is $191.89 and its 200 day moving average price is $187.77.

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

Marathon Petroleum Dividend Announcement

The firm also recently announced 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 1.7%. Marathon Petroleum's payout ratio is presently 29.96%.

Key Headlines Impacting Marathon Petroleum

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

• Positive Sentiment: Blowout Q4 results — MPC reported much stronger Q4 earnings and adjusted EPS, reiterated robust refining margins and highlighted large 2025 cash returns that support future buybacks/dividends. This directly improves near-term free cash flow expectations. Read More.
• Positive Sentiment: Goldman Sachs raised its price target to $239 and maintained a Buy rating — a major sell‑side upgrade that can attract fresh flows and supports higher valuation. Read More.
• Positive Sentiment: Sector rotation into refiners — institutional buying and analyst bullishness toward refiners is lifting MPC alongside peers, increasing demand for the stock. Read More.
• Neutral Sentiment: IEA announced a planned 400M-barrel release of emergency reserves — this is a large supply action that could ease oil prices (negative for margins) but market reaction has been mixed given concurrent geopolitical supply risks, so the net impact on refiners is uncertain. Read More.
• Neutral Sentiment: Geopolitical volatility (Middle East / Iran) — developments are keeping oil price volatility elevated; higher crude benefits refiners if product cracks widen, but outcomes remain path‑dependent. Read More.
• Negative Sentiment: Longer‑term capacity considerations — announcements about new U.S. refining capacity (first major new refinery in decades) could, over time, add domestic supply and pressure margins if demand doesn't keep pace. That is a potential longer‑term headwind for refiners like MPC. Read More.

Analyst Upgrades and Downgrades

MPC has been the subject of a number of research analyst reports. Raymond James Financial raised their target price on Marathon Petroleum from $205.00 to $210.00 and gave the company an "outperform" rating in a report on Friday, January 23rd. Wall Street Zen raised shares of Marathon Petroleum from a "hold" rating to a "buy" rating in a research report on Saturday, March 7th. UBS Group restated a "buy" rating and issued a $221.00 price objective on shares of Marathon Petroleum in a report on Friday, February 6th. Piper Sandler cut their target price on shares of Marathon Petroleum from $231.00 to $184.00 and set a "neutral" rating on the stock in a research note on Thursday, January 8th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Marathon Petroleum from $211.00 to $179.00 and set a "neutral" rating for the company in a research report on Tuesday, January 13th. Eleven investment analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of "Moderate Buy" and a consensus target price of $204.25.

Marathon Petroleum 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.

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.