Rep. David Taylor Purchases Shares of Marathon Petroleum Corporation (NYSE:MPC)

Key Points

• Representative David Taylor (R-Ohio) recently purchased between $1,001 and $15,000 in shares of Marathon Petroleum Corporation on August 14th.
• The company's stock opened at $178.94 and has a market cap of $54.40 billion, with a 52-week high of $183.50.
• Marathon Petroleum announced a quarterly dividend of $0.91 per share, resulting in an annualized yield of 2.0%, payable on September 10th.

Representative David Taylor (R-Ohio) recently bought shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on September 02nd, the Representative disclosed that they had bought between $1,001 and $15,000 in Marathon Petroleum stock on August 14th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) - DAVE" account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 - $15,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $15,001 - $50,000 in shares of Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Visa NYSE: V on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/13/2025.
• Sold $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/13/2025.
• Purchased $1,001 - $15,000 in shares of Prologis NYSE: PLD on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Procter & Gamble NYSE: PG on 8/7/2025.
• Purchased $1,001 - $15,000 in shares of Vertex Pharmaceuticals NASDAQ: VRTX on 8/7/2025.
• Sold $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 8/7/2025.

Marathon Petroleum Price Performance

Shares of Marathon Petroleum stock traded down $1.32 during midday trading on Monday, hitting $178.96. 219,570 shares of the company were exchanged, compared to its average volume of 2,569,324. The company has a debt-to-equity ratio of 1.15, a current ratio of 1.23 and a quick ratio of 0.71. The firm has a market cap of $54.41 billion, a P/E ratio of 26.53, a PEG ratio of 3.64 and a beta of 0.97. Marathon Petroleum Corporation has a 52 week low of $115.10 and a 52 week high of $183.50. The firm has a 50 day simple moving average of $171.74 and a 200-day simple moving average of $156.17.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its earnings results on Tuesday, August 5th. The oil and gas company reported $3.96 EPS for the quarter, topping the consensus estimate of $3.22 by $0.74. The business had revenue of $34.10 billion during the quarter, compared to the consensus estimate of $31.70 billion. Marathon Petroleum had a return on equity of 8.38% and a net margin of 1.58%.Marathon Petroleum's revenue was down 11.1% on a year-over-year basis. During the same quarter last year, the company earned $4.12 EPS. Research analysts forecast that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, September 10th. Investors of record on Wednesday, August 20th will be given a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 2.0%. The ex-dividend date is Wednesday, August 20th. Marathon Petroleum's dividend payout ratio (DPR) is 54.01%.

Wall Street Analyst Weigh In

Several research firms recently commented on MPC. Raymond James Financial restated an "outperform" rating and set a $200.00 target price (up previously from $180.00) on shares of Marathon Petroleum in a research report on Tuesday, July 15th. Scotiabank restated an "outperform" rating on shares of Marathon Petroleum in a research report on Friday, July 11th. Dbs Bank upgraded Marathon Petroleum to a "moderate buy" rating in a research report on Monday, July 28th. Piper Sandler lifted their price objective on Marathon Petroleum from $175.00 to $182.00 and gave the company a "neutral" rating in a research report on Tuesday, July 22nd. Finally, Morgan Stanley lifted their price objective on Marathon Petroleum from $160.00 to $182.00 and gave the company an "overweight" rating in a research report on Wednesday, July 16th. Eight investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus price target of $186.57.

Insider Buying and Selling

In other news, Director Kim K.W. Rucker sold 7,392 shares of the firm's stock in a transaction that occurred on Thursday, July 3rd. The stock was sold at an average price of $175.00, for a total value of $1,293,600.00. Following the completion of the sale, the director directly owned 18,944 shares of the company's stock, valued at $3,315,200. This trade represents a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Molly R. Benson sold 10,879 shares of Marathon Petroleum stock in a transaction that occurred on Friday, August 15th. The stock was sold at an average price of $163.00, for a total value of $1,773,277.00. Following the sale, the insider directly owned 28,700 shares of the company's stock, valued at approximately $4,678,100. The trade was a 27.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.25% of the company's stock.

Institutional Investors Weigh In On Marathon Petroleum

A number of institutional investors and hedge funds have recently made changes to their positions in MPC. Baker Tilly Wealth Management LLC boosted its position in Marathon Petroleum by 2.8% during the second quarter. Baker Tilly Wealth Management LLC now owns 2,226 shares of the oil and gas company's stock valued at $370,000 after purchasing an additional 60 shares during the last quarter. CHICAGO TRUST Co NA lifted its position in shares of Marathon Petroleum by 3.9% in the second quarter. CHICAGO TRUST Co NA now owns 1,684 shares of the oil and gas company's stock valued at $280,000 after buying an additional 63 shares during the last quarter. Werba Rubin Papier Wealth Management lifted its position in shares of Marathon Petroleum by 4.2% in the second quarter. Werba Rubin Papier Wealth Management now owns 1,577 shares of the oil and gas company's stock valued at $262,000 after buying an additional 64 shares during the last quarter. AdvisorShares Investments LLC lifted its position in shares of Marathon Petroleum by 2.4% in the second quarter. AdvisorShares Investments LLC now owns 2,828 shares of the oil and gas company's stock valued at $470,000 after buying an additional 66 shares during the last quarter. Finally, Joseph Group Capital Management lifted its position in shares of Marathon Petroleum by 0.3% in the second quarter. Joseph Group Capital Management now owns 21,904 shares of the oil and gas company's stock valued at $3,639,000 after buying an additional 67 shares during the last quarter. Institutional investors own 76.77% of the company's stock.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio's 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Taylor (Republican Party) ran for election to the U.S. House to represent Ohio's 2nd Congressional District. He won in the general election on November 5, 2024. David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor's career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Marathon Petroleum Company Profile

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.