Research Analysts’ Recent Ratings Changes for Marathon Petroleum (MPC)

Several brokerages have updated their recommendations and price targets on shares of Marathon Petroleum (NYSE: MPC) in the last few weeks:

• 4/24/2025 – Marathon Petroleum had its price target lowered by analysts at Morgan Stanley from $175.00 to $160.00. They now have an “overweight” rating on the stock.
• 4/14/2025 – Marathon Petroleum had its price target lowered by analysts at Barclays PLC from $161.00 to $141.00. They now have an “overweight” rating on the stock.
• 4/11/2025 – Marathon Petroleum had its price target lowered by analysts at Scotiabank from $169.00 to $147.00. They now have a “sector outperform” rating on the stock.
• 4/11/2025 – Marathon Petroleum had its price target lowered by analysts at Wells Fargo & Company from $185.00 to $175.00. They now have an “overweight” rating on the stock.
• 4/9/2025 – Marathon Petroleum had its price target lowered by analysts at Raymond James from $193.00 to $183.00. They now have a “strong-buy” rating on the stock.
• 3/27/2025 – Marathon Petroleum had its “strong-buy” rating reaffirmed by analysts at Raymond James. They now have a $193.00 price target on the stock.
• 3/21/2025 – Marathon Petroleum had its price target raised by analysts at Wells Fargo & Company from $183.00 to $185.00. They now have an “overweight” rating on the stock.
• 3/14/2025 – Marathon Petroleum had its price target raised by analysts at Barclays PLC from $159.00 to $161.00. They now have an “overweight” rating on the stock.
• 3/7/2025 – Marathon Petroleum had its price target lowered by analysts at Piper Sandler from $160.00 to $156.00. They now have a “neutral” rating on the stock.

Marathon Petroleum Trading Up 2.5 %

Shares of MPC stock opened at $137.62 on Friday. The company has a market capitalization of $42.87 billion, a price-to-earnings ratio of 13.86, a PEG ratio of 3.11 and a beta of 1.04. The company has a current ratio of 1.23, a quick ratio of 0.76 and a debt-to-equity ratio of 0.94. The firm has a 50-day moving average price of $139.10 and a 200 day moving average price of $146.52. Marathon Petroleum Co. has a twelve month low of $115.10 and a twelve month high of $201.36.

Marathon Petroleum (NYSE:MPC) last announced its quarterly earnings data on Tuesday, February 4th. The oil and gas company reported $0.77 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.06 by $0.71. The business had revenue of $33.47 billion for the quarter, compared to the consensus estimate of $31.94 billion. Marathon Petroleum had a net margin of 2.45% and a return on equity of 12.07%. The company’s quarterly revenue was down 9.1% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $3.98 earnings per share. Research analysts forecast that Marathon Petroleum Co. will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Stockholders of record on Wednesday, February 19th were issued a dividend of $0.91 per share. This represents a $3.64 annualized dividend and a dividend yield of 2.64%. The ex-dividend date of this dividend was Wednesday, February 19th. Marathon Petroleum’s dividend payout ratio (DPR) is 36.66%.

Insider Activity

In related news, insider Ricky D. Hessling bought 2,000 shares of the stock in a transaction that occurred on Tuesday, March 11th. The stock was purchased at an average cost of $134.72 per share, for a total transaction of $269,440.00. Following the completion of the acquisition, the insider now owns 12,162 shares in the company, valued at $1,638,464.64. This trade represents a 19.68 % increase in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this hyperlink. Also, Director Evan Bayh purchased 1,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were bought at an average cost of $133.70 per share, for a total transaction of $133,700.00. Following the purchase, the director now owns 69,305 shares of the company’s stock, valued at $9,266,078.50. This trade represents a 1.46 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Company insiders own 0.21% of the company’s stock.

Institutional Trading of Marathon Petroleum

Institutional investors and hedge funds have recently made changes to their positions in the company. Wellington Management Group LLP increased its stake in Marathon Petroleum by 78.1% during the fourth quarter. Wellington Management Group LLP now owns 9,961,503 shares of the oil and gas company’s stock worth $1,389,630,000 after acquiring an additional 4,367,774 shares during the last quarter. Demars Financial Group LLC grew its holdings in shares of Marathon Petroleum by 16,338.3% during the 4th quarter. Demars Financial Group LLC now owns 4,177,133 shares of the oil and gas company’s stock worth $582,710,000 after purchasing an additional 4,151,722 shares during the period. Norges Bank acquired a new stake in Marathon Petroleum during the 4th quarter worth approximately $453,427,000. GAMMA Investing LLC raised its holdings in Marathon Petroleum by 14,969.1% in the first quarter. GAMMA Investing LLC now owns 1,540,963 shares of the oil and gas company’s stock valued at $224,503,000 after buying an additional 1,530,737 shares during the period. Finally, Boston Partners lifted its position in Marathon Petroleum by 37.4% during the fourth quarter. Boston Partners now owns 3,436,704 shares of the oil and gas company’s stock valued at $480,501,000 after buying an additional 935,042 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

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.