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

Key Points

• Representative David Taylor sold shares of Marathon Petroleum Corporation (NYSE:MPC) valued between $1,001 and $15,000 on July 18th, as disclosed in a filing.
• Marathon Petroleum reported a quarterly EPS of $3.96, exceeding analysts' expectations, but noted an 11.1% year-over-year decline in revenue.
• The company announced a quarterly dividend of $0.91 per share, reflecting an annualized yield of 2.0%, with the payment set for September 10th.

Representative David Taylor (R-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on September 02nd, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 18th. 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 Eli Lilly and Company NYSE: LLY on 8/14/2025.
• Purchased $1,001 - $15,000 in shares of Marathon Petroleum NYSE: MPC 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 Salesforce NYSE: CRM on 8/7/2025.
• 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.

Marathon Petroleum Trading Down 0.7%

Marathon Petroleum stock opened at $178.94 on Thursday. The stock has a market cap of $54.40 billion, a PE ratio of 26.55, a P/E/G ratio of 3.27 and a beta of 0.97. The stock has a 50-day moving average price of $171.26 and a 200 day moving average price of $155.89. Marathon Petroleum Corporation has a 52 week low of $115.10 and a 52 week high of $183.50. The company has a current ratio of 1.23, a quick ratio of 0.71 and a debt-to-equity ratio of 1.15.

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

Marathon Petroleum Announces Dividend

The business also recently disclosed 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 dividend on an annualized basis and a yield of 2.0%. The ex-dividend date is Wednesday, August 20th. Marathon Petroleum's dividend payout ratio (DPR) is currently 54.01%.

Hedge Funds Weigh In On Marathon Petroleum

Several hedge funds and other institutional investors have recently bought and sold shares of MPC. Vanguard Group Inc. lifted its position in Marathon Petroleum by 11.2% during the 2nd quarter. Vanguard Group Inc. now owns 38,866,104 shares of the oil and gas company's stock worth $6,456,049,000 after acquiring an additional 3,924,713 shares in the last quarter. Norges Bank acquired a new position in Marathon Petroleum during the 2nd quarter worth approximately $527,197,000. Boston Partners lifted its position in Marathon Petroleum by 58.5% during the 1st quarter. Boston Partners now owns 5,448,514 shares of the oil and gas company's stock worth $791,274,000 after acquiring an additional 2,011,810 shares in the last quarter. Wellington Management Group LLP raised its position in shares of Marathon Petroleum by 18.7% in the 1st quarter. Wellington Management Group LLP now owns 11,824,177 shares of the oil and gas company's stock valued at $1,722,664,000 after purchasing an additional 1,862,674 shares in the last quarter. Finally, GAMMA Investing LLC raised its position in shares of Marathon Petroleum by 14,969.1% in the 1st quarter. GAMMA Investing LLC now owns 1,540,963 shares of the oil and gas company's stock valued at $224,503,000 after purchasing an additional 1,530,737 shares in the last quarter. 76.77% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms have commented on MPC. Evercore ISI began coverage on Marathon Petroleum in a report on Wednesday, June 18th. They issued an "in-line" rating and a $170.00 price target for the company. UBS Group boosted their target price on Marathon Petroleum from $175.00 to $203.00 and gave the stock a "buy" rating in a report on Thursday, July 10th. Mizuho boosted their target price on Marathon Petroleum from $168.00 to $184.00 and gave the stock a "neutral" rating in a report on Tuesday, May 13th. Bank of America boosted their target price on Marathon Petroleum from $184.00 to $192.00 and gave the stock a "neutral" rating in a report on Wednesday. Finally, Raymond James Financial reiterated an "outperform" rating and set a $200.00 target price (up previously from $180.00) on shares of Marathon Petroleum in a report on Tuesday, July 15th. Eight research 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 MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $186.57.

Insider Buying and Selling

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

About Marathon Petroleum

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.

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