Marathon Petroleum (NYSE:MPC) Stock Sold Off Rep. David Taylor

Key Points

• Rep. David Taylor sold between $1,001 and $15,000 of Marathon Petroleum shares on July 24, according to a filing disclosed August 6. He also purchased shares of Microsoft, Kroger, Broadcom and other companies that day.
• Marathon Petroleum reported a strong quarter, with EPS of $17.73 versus analyst estimates of $14.27 and revenue of $51.99 billion, up 53.5% year over year.
• MPC shares opened at $297.49, while analysts maintain a “Moderate Buy” consensus and an average price target of $311.25. The company also declared a quarterly dividend of $1.00 per share, representing a 1.3% annualized yield.

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on August 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 24th. The trade occurred in the Representative's "DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)" account.

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

• Purchased $1,001 - $15,000 in shares of Microsoft NASDAQ: MSFT on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 7/24/2026.
• Sold $1,001 - $15,000 in shares of Fifth Third Bancorp NASDAQ: FITB on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of Broadcom NASDAQ: AVGO on 7/24/2026.
• Purchased $1,001 - $15,000 in shares of Alphabet NASDAQ: GOOGL on 7/17/2026.
• Purchased $1,001 - $15,000 in shares of Installed Building Products NYSE: IBP on 6/15/2026.
• Purchased $1,001 - $15,000 in shares of Chevron NYSE: CVX on 6/15/2026.
• Purchased $1,001 - $15,000 in shares of Kroger NYSE: KR on 6/5/2026.
• Sold $1,001 - $15,000 in shares of Lam Research NASDAQ: LRCX on 6/5/2026.
• Purchased $1,001 - $15,000 in shares of Amgen NASDAQ: AMGN on 6/5/2026.

Marathon Petroleum Stock Performance

NYSE:MPC opened at $297.49 on Friday. The stock has a 50-day moving average price of $279.39 and a 200 day moving average price of $241.82. The stock has a market capitalization of $86.85 billion, a P/E ratio of 10.23, a P/E/G ratio of 0.20 and a beta of 0.52. Marathon Petroleum Corporation has a 12-month low of $158.00 and a 12-month high of $326.92. The company has a current ratio of 1.25, a quick ratio of 0.73 and a debt-to-equity ratio of 1.19.

Marathon Petroleum (NYSE:MPC - Get Free Report) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, topping analysts' consensus estimates 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 analysts' expectations of $40.87 billion. During the same period in the previous year, the firm earned $3.96 EPS. The firm's revenue was up 53.5% compared to the same quarter last year. Equities research analysts forecast that Marathon Petroleum Corporation will post 44.54 EPS for the current fiscal year.

Marathon Petroleum Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Wednesday, August 19th will be paid a $1.00 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.3%. Marathon Petroleum's dividend payout ratio is 13.75%.

Insider Buying and Selling at Marathon Petroleum

In other news, VP Michael A. Henschen II sold 6,336 shares of the business's stock in a transaction that occurred on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the transaction, the vice president owned 16,900 shares of the company's stock, valued at approximately $4,543,058. The trade was a 27.27% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.17% of the company's stock.

Institutional Investors Weigh In On Marathon Petroleum

Hedge funds have recently bought and sold shares of the business. BlackRock Inc. bought a new position in shares of Marathon Petroleum in the 2nd quarter valued at about $6,648,958,000. State Street Corp increased its stake in Marathon Petroleum by 0.3% during the fourth quarter. State Street Corp now owns 17,934,327 shares of the oil and gas company's stock worth $2,916,660,000 after acquiring an additional 47,896 shares during the last quarter. Boston Partners raised its position in Marathon Petroleum by 2.3% during the third quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company's stock valued at $1,214,522,000 after purchasing an additional 141,691 shares during the period. Bank of New York Mellon Corp bought a new stake in shares of Marathon Petroleum in the 2nd quarter valued at approximately $1,029,611,000. Finally, Norges Bank bought a new stake in shares of Marathon Petroleum in the 4th quarter valued at approximately $472,312,000. Hedge funds and other institutional investors own 76.77% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have recently commented on MPC. Wall Street Zen raised shares of Marathon Petroleum from a "buy" rating to a "strong-buy" rating in a report on Sunday, May 10th. Citigroup raised their target price on shares of Marathon Petroleum from $303.00 to $318.00 and gave the company a "neutral" rating in a research note on Wednesday. BMO Capital Markets reiterated an "outperform" rating on shares of Marathon Petroleum in a research note on Friday, June 12th. Wells Fargo & Company increased their price objective on shares of Marathon Petroleum from $344.00 to $359.00 and gave the company an "overweight" rating in a report on Wednesday. Finally, Jefferies Financial Group set a $335.00 price objective on Marathon Petroleum and gave the company a "buy" rating in a research report on Sunday, July 12th. Twelve equities research analysts have rated the stock with a Buy rating and six have assigned a Hold rating to the company's stock. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average price target of $311.25.

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 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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