Cobalt Capital Management Inc. Takes $6.51 Million Position in Marathon Petroleum Corporation $MPC

Cobalt Capital Management Inc. bought a new stake in Marathon Petroleum Corporation (NYSE:MPC) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm bought 40,000 shares of the oil and gas company’s stock, valued at approximately $6,505,000. Marathon Petroleum makes up approximately 2.9% of Cobalt Capital Management Inc.’s investment portfolio, making the stock its 11th biggest position.

A number of other large investors also recently modified their holdings of MPC. Brighton Jones LLC lifted its holdings in shares of Marathon Petroleum by 30.9% in the fourth quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock valued at $696,000 after purchasing an additional 1,178 shares in the last quarter. Woodline Partners LP lifted its holdings in shares of Marathon Petroleum by 38.3% in the first quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock valued at $3,889,000 after purchasing an additional 7,396 shares in the last quarter. Sivia Capital Partners LLC lifted its holdings in shares of Marathon Petroleum by 26.6% in the second quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock valued at $369,000 after purchasing an additional 466 shares in the last quarter. Marshall Wace LLP bought a new position in shares of Marathon Petroleum in the second quarter valued at approximately $8,505,000. Finally, AXA S.A. lifted its holdings in shares of Marathon Petroleum by 46.7% in the second quarter. AXA S.A. now owns 39,675 shares of the oil and gas company’s stock valued at $6,590,000 after purchasing an additional 12,639 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Analysts Set New Price Targets

MPC has been the subject of a number of research analyst reports. UBS Group set a $285.00 price target on Marathon Petroleum in a research report on Wednesday, May 6th. Scotiabank increased their price target on Marathon Petroleum from $174.00 to $210.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Piper Sandler increased their price target on Marathon Petroleum from $197.00 to $228.00 and gave the company a “neutral” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. increased their price target on Marathon Petroleum from $235.00 to $257.00 in a research report on Wednesday, May 6th. Finally, Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $272.94.

Insider Buying and Selling at Marathon Petroleum

In other news, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction on Thursday, June 4th. The stock was sold at an average price of $268.82, for a total value of $1,703,243.52. Following the completion of the transaction, the vice president directly owned 16,900 shares in the company, valued at approximately $4,543,058. The trade was a 27.27% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Company insiders own 0.17% of the company’s stock.

Marathon Petroleum Price Performance

NYSE MPC opened at $244.63 on Thursday. The company has a market cap of $71.42 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 0.38 and a beta of 0.52. Marathon Petroleum Corporation has a 52 week low of $158.00 and a 52 week high of $272.46. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31. The firm’s 50-day simple moving average is $244.99 and its two-hundred day simple moving average is $213.77.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, beating the consensus estimate of $0.74 by $0.91. The business had revenue of $34.20 billion for the quarter, compared to the consensus estimate of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The company’s revenue was up 8.5% compared to the same quarter last year. During the same period in the prior year, the firm earned ($0.24) earnings per share. Research analysts predict that Marathon Petroleum Corporation will post 31.95 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th were given a $1.00 dividend. The ex-dividend date was Wednesday, May 20th. This represents a $4.00 annualized dividend and a dividend yield of 1.6%. Marathon Petroleum’s payout ratio is 26.11%.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: Marathon Petroleum was added to Zacks’ Rank #1 (Strong Buy) growth stocks list, reinforcing a bullish growth outlook for the refining company. Best Growth Stocks to Buy for June 16th
• Positive Sentiment: Wells Fargo reaffirmed its Buy rating on Marathon Petroleum, which can help support investor confidence in the stock. Wells Fargo Reaffirms Their Buy Rating on Marathon Petroleum (MPC)
• Positive Sentiment: One recent analysis said MPC may still be undervalued despite its strong multi-month performance, suggesting upside remains if fundamentals hold up. Marathon Petroleum (MPC) Stock Could Be 5.5% Undervalued Despite Its Strong Run
• Neutral Sentiment: Marathon Petroleum announced it will report second-quarter 2026 financial results on August 4, giving investors a future catalyst but no immediate operational surprise. Marathon Petroleum Corp. to Report Second-Quarter Financial Results on August 4, 2026
• Neutral Sentiment: Recent coverage comparing MPC with Delek and reviewing its move alongside the energy sector did not include a company-specific catalyst, but it reflects ongoing investor focus on refining peers and sector trends. Delek vs. Marathon Petroleum: Which Stock Offers Better Refining Bet?
• Negative Sentiment: The stock has recently pulled back more than the broader market, which appears to be weighing on near-term trading despite the longer-term bullish backdrop. Marathon Petroleum (MPC) Sees a More Significant Dip Than Broader Market: Some Facts to Know
• Negative Sentiment: Coverage noted that MPC is facing a new oil-market backdrop as the Strait of Hormuz reopens, which could reduce the urgency of the geopolitical supply concerns that had supported energy names. Marathon Petroleum (MPC) Faces A New Oil Reality As The Strait Of Hormuz Reopens

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.