New York State Teachers Retirement System Increases Holdings in Marathon Petroleum Corporation $MPC

Key Points

• New York State Teachers Retirement System raised its stake in Marathon Petroleum by 7.8% in Q4 to 257,558 shares, worth about $41.9 million.
• Marathon declared a $1.00 quarterly dividend (record May 20, pay June 10) and multiple analyst upgrades and higher price targets have driven recent share momentum.
• Institutional investors own 76.77% of MPC, with large managers like Assenagon, Amundi and Boston Partners increasing positions, and the company recently reported a Q1 EPS beat of $4.07 vs. $3.73 expected.

New York State Teachers Retirement System boosted its position in Marathon Petroleum Corporation (NYSE:MPC - Free Report) by 7.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 257,558 shares of the oil and gas company's stock after buying an additional 18,637 shares during the period. New York State Teachers Retirement System owned approximately 0.09% of Marathon Petroleum worth $41,887,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Assenagon Asset Management S.A. lifted its position in Marathon Petroleum by 332.4% during the fourth quarter. Assenagon Asset Management S.A. now owns 320,499 shares of the oil and gas company's stock valued at $52,123,000 after purchasing an additional 246,384 shares during the period. Merewether Investment Management LP acquired a new stake in Marathon Petroleum during the 2nd quarter worth about $35,548,000. Amundi lifted its holdings in shares of Marathon Petroleum by 11.8% in the 3rd quarter. Amundi now owns 1,626,862 shares of the oil and gas company's stock valued at $314,830,000 after buying an additional 172,172 shares during the period. Boston Partners boosted its stake in shares of Marathon Petroleum by 2.3% in the third quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company's stock worth $1,214,522,000 after buying an additional 141,691 shares during the last quarter. Finally, Credit Agricole S A purchased a new stake in shares of Marathon Petroleum in the third quarter worth about $20,370,000. Institutional investors and hedge funds own 76.77% of the company's stock.

Marathon Petroleum News Roundup

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

• Positive Sentiment: Analyst upgrades and a higher near‑term earnings outlook have driven momentum and income appeal, cited as the primary reason for the recent surge in MPC shares. Marathon Petroleum (MPC) Is Up 12.3% After Analyst Upgrades And Dividend Declaration - What's Changed
• Positive Sentiment: The board declared a $1.00 quarterly dividend (record May 20, pay June 10), reinforcing cash-return policy and supporting yield-focused investor demand; the announcement accompanies an upgraded outlook in several writeups. Assessing Marathon Petroleum (MPC) Valuation After Dividend Declaration And Upgraded Earnings Outlook
• Positive Sentiment: Market research firm coverage boosted sentiment—MPC made Zacks’ Rank #1 (Strong Buy) growth list, which can attract momentum and quant-driven flows. Best Growth Stocks to Buy for May 1st
• Neutral Sentiment: Analysts and previews are focusing on Q1 drivers—strong refining margins and utilization could help results, but details will matter. Investors should watch reported margins, renewables and midstream segments for nuance. What's in the Offing for Marathon Petroleum in Q1 Earnings?
• Neutral Sentiment: Valuation analysis pieces discuss whether the recent share gains are pricing in expected cash flows and DCF value—helpful for longer‑term allocation decisions but not an immediate catalyst. Is Marathon Petroleum (MPC) Pricing Reflect Recent Share Surge And DCF-Based Value Gap
• Neutral Sentiment: Market commentary and “trending” coverage have amplified visibility; such coverage can reinforce flows but may fade after earnings. Marathon Petroleum Stock Is Trending Overnight: Here's Why
• Negative Sentiment: Macro energy risks remain: a Bank of England note warned that a sustained energy shock could push inflation and rates higher—an outcome that could pressure demand and margins if oil dislocations persist. This is a tail risk for refiners. Bank of England sounds warning of interest rate hikes ahead

Insider Buying and Selling

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,626 shares of the stock in a transaction that occurred on Friday, March 13th. The stock was sold at an average price of $228.18, for a total transaction of $371,020.68. Following the completion of the transaction, the insider owned 7,525 shares of the company's stock, valued at $1,717,054.50. This represents a 17.77% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. In the last ninety days, insiders sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is currently owned by insiders.

Marathon Petroleum Price Performance

Marathon Petroleum stock opened at $246.77 on Friday. The stock has a market capitalization of $72.67 billion, a P/E ratio of 18.48, a P/E/G ratio of 0.37 and a beta of 0.53. The company's fifty day moving average price is $226.00 and its 200 day moving average price is $199.36. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. Marathon Petroleum Corporation has a 1 year low of $137.30 and a 1 year high of $255.77.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its quarterly earnings data on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, topping analysts' consensus estimates of $3.73 by $0.34. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. The company had revenue of $32.57 billion during the quarter, compared to analysts' expectations of $30.89 billion. During the same period in the prior 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. As a group, equities research analysts anticipate that Marathon Petroleum Corporation will post 26.3 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th will be issued a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.6%. The ex-dividend date is Wednesday, May 20th. Marathon Petroleum's payout ratio is presently 29.96%.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on the company. Scotiabank lifted their price target on Marathon Petroleum from $174.00 to $210.00 and gave the company a "sector outperform" rating in a research report on Wednesday, April 22nd. Raymond James Financial boosted their target price on shares of Marathon Petroleum from $210.00 to $270.00 and gave the company an "outperform" rating in a research note on Wednesday, March 25th. Barclays increased their price target on shares of Marathon Petroleum from $194.00 to $230.00 and gave the stock an "overweight" rating in a report on Friday, April 10th. UBS Group upped their price objective on shares of Marathon Petroleum from $221.00 to $280.00 and gave the stock a "buy" rating in a research report on Thursday, April 2nd. Finally, TD Cowen raised their target price on Marathon Petroleum from $198.00 to $299.00 and gave the company a "buy" rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $241.81.

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.

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