Nykredit A S Invests $26.65 Million in Marathon Petroleum Corporation $MPC

Key Points

• Nykredit A/S acquired 104,225 Marathon Petroleum shares worth approximately $26.65 million in the second quarter. Institutional investors and hedge funds collectively own 76.77% of MPC.
• Marathon Petroleum reported a strong quarter, with adjusted EPS of $17.73 versus the $14.27 consensus and revenue up 53.5% year over year to $51.99 billion. Analysts maintain a “Moderate Buy” consensus rating with a $349.12 average price target.
• MPC shares have surged more than 150% this year and recently traded near their 12-month high, prompting some analysts to caution against chasing the rally. Company insiders have sold approximately $7.78 million of stock over the past 90 days.

Nykredit A S bought a new stake in Marathon Petroleum Corporation (NYSE:MPC - Free Report) in the second quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor bought 104,225 shares of the oil and gas company's stock, valued at approximately $26,647,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. BlackRock Inc. purchased a new position in Marathon Petroleum in the 2nd quarter worth approximately $6,648,958,000. Bank of New York Mellon Corp acquired a new stake in shares of Marathon Petroleum in the second quarter valued at approximately $1,029,611,000. Bank of America Corp DE lifted its position in Marathon Petroleum by 1.6% during the first quarter. Bank of America Corp DE now owns 2,595,084 shares of the oil and gas company's stock worth $633,668,000 after buying an additional 40,124 shares in the last quarter. Amundi lifted its position in Marathon Petroleum by 17.5% during the second quarter. Amundi now owns 2,237,930 shares of the oil and gas company's stock worth $572,172,000 after buying an additional 332,551 shares in the last quarter. Finally, Norges Bank acquired a new position in Marathon Petroleum during the fourth quarter worth $472,312,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.

More Marathon Petroleum News

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

• Positive Sentiment: Analyst upgrades and upward estimate revisions are supporting the bullish case for MPC. Recent quarterly results also exceeded expectations, with adjusted earnings of $17.73 per share versus a $14.27 consensus estimate, while revenue rose 53.5% year over year to $51.99 billion. Marathon Petroleum Is Up 7.3% After Analyst Upgrades and Earnings Beat
• Positive Sentiment: Marathon Petroleum’s potential role in the evolving LNG supply chain is attracting investor attention. The company’s refining, logistics and midstream assets could benefit from growing energy-export demand, although the article provides limited new company-specific developments. Marathon Petroleum’s Pivotal Role in the Evolving LNG Supply Chain
• Neutral Sentiment: MPC will report third-quarter 2026 results and host an investor conference call on November 3. The announcement itself does not change fundamentals but gives investors a near-term catalyst to assess refining margins, demand and management’s outlook. Marathon Petroleum to Report Third-Quarter Financial Results
• Negative Sentiment: Analysts are cautioning investors against chasing MPC after a gain of more than 150% this year. Although its valuation may appear reasonable on traditional measures, the sharp rally raises the risk of elevated expectations and a pullback if earnings or refining conditions weaken. Analysts Caution After Marathon’s Major Rally

Wall Street Analysts Forecast Growth

Several research analysts have recently commented on the company. Citigroup lifted their price target on Marathon Petroleum from $303.00 to $318.00 and gave the stock a "neutral" rating in a report on Wednesday, August 5th. Wells Fargo & Company upped their price objective on shares of Marathon Petroleum from $359.00 to $400.00 and gave the company an "overweight" rating in a report on Tuesday, September 1st. The Goldman Sachs Group raised their price objective on shares of Marathon Petroleum from $291.00 to $376.00 and gave the stock a "buy" rating in a research report on Wednesday, July 22nd. BMO Capital Markets reiterated an "outperform" rating on shares of Marathon Petroleum in a report on Friday, June 12th. Finally, Raymond James Financial boosted their target price on shares of Marathon Petroleum from $350.00 to $445.00 and gave the company an "outperform" rating in a report on Monday, September 14th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating and three have issued a Hold rating to the stock. Based on data from MarketBeat, Marathon Petroleum has a consensus rating of "Moderate Buy" and a consensus price target of $349.12.

Insiders Place Their Bets

In other Marathon Petroleum news, SVP Shawn Lyon sold 2,500 shares of the business's stock in a transaction that occurred on Thursday, August 13th. The shares were sold at an average price of $350.00, for a total transaction of $875,000.00. Following the completion of the transaction, the senior vice president owned 12,619 shares in the company, valued at $4,416,650. The trade was a 16.54% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Also, insider Molly Benson sold 17,196 shares of the stock in a transaction that occurred on Monday, August 17th. The shares were sold at an average price of $358.57, for a total transaction 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. This represents a 36.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 21,691 shares of company stock worth $7,780,127 in the last 90 days. Corporate insiders own 0.17% of the company's stock.

Marathon Petroleum Trading Up 0.4%

NYSE:MPC opened at $423.62 on Friday. Marathon Petroleum Corporation has a 12-month low of $161.93 and a 12-month high of $428.00. The firm has a market cap of $123.67 billion, a PE ratio of 14.56, a price-to-earnings-growth ratio of 0.13 and a beta of 0.53. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. The stock has a fifty day moving average price of $349.28 and a 200 day moving average price of $280.96.

Marathon Petroleum (NYSE:MPC - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 earnings per share for the quarter, topping the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%.The company had revenue of $51.99 billion for the quarter, compared to the consensus estimate of $40.87 billion. During the same quarter in the prior year, the business earned $3.96 EPS. Marathon Petroleum's revenue was up 53.5% on a year-over-year basis. Sell-side analysts anticipate that Marathon Petroleum Corporation will post 59.15 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Wednesday, August 19th were paid a $1.00 dividend. The ex-dividend date was Wednesday, August 19th. This represents a $4.00 dividend on an annualized basis and a yield of 0.9%. Marathon Petroleum's payout ratio is currently 13.75%.

About Marathon Petroleum

Marathon Petroleum Corporation NYSE: MPC is an integrated downstream energy company engaged primarily in refining, marketing and transporting petroleum products. The company converts crude oil and other feedstocks into gasoline, diesel and other transportation fuels, as well as asphalt, propane, petrochemical feedstocks and related products.

Marathon Petroleum operates a network of refineries in the United States and markets refined products through wholesale channels, branded retail locations and commercial customers.

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