Representative Dan Newhouse (Republican-Washington) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.
Marathon Petroleum Price Performance
Shares of NYSE MPC opened at $316.29 on Tuesday. Marathon Petroleum Corporation has a 1-year low of $158.00 and a 1-year high of $319.36. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73. The business’s fifty day moving average price is $263.62 and its two-hundred day moving average price is $228.86. The firm has a market capitalization of $92.34 billion, a PE ratio of 20.65, a P/E/G ratio of 0.42 and a beta of 0.52.
Marathon Petroleum Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Wednesday, May 20th were paid a dividend of $1.00 per share. This represents a $4.00 dividend on an annualized basis and a yield of 1.3%. The ex-dividend date was Wednesday, May 20th. Marathon Petroleum’s dividend payout ratio is presently 26.11%.
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on MPC shares. Mizuho lifted their price objective on shares of Marathon Petroleum from $224.00 to $284.00 and gave the company a “neutral” rating in a research note on Wednesday, May 27th. Raymond James Financial raised their target price on shares of Marathon Petroleum from $300.00 to $335.00 and gave the company an “outperform” rating in a research note on Monday, July 13th. Barclays boosted their price target on shares of Marathon Petroleum from $270.00 to $289.00 and gave the stock an “overweight” rating in a research report on Monday, July 13th. Wall Street Zen upgraded shares of Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Finally, Piper Sandler boosted their target price on Marathon Petroleum from $197.00 to $228.00 and gave the stock a “neutral” rating in a report on Thursday, April 9th. Ten investment analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $283.56.
Get Our Latest Stock Analysis on Marathon Petroleum
Institutional Investors Weigh In On Marathon Petroleum
A number of institutional investors and hedge funds have recently modified their holdings of MPC. Walker Asset Management LLC bought a new stake in shares of Marathon Petroleum during the 2nd quarter worth $207,000. Tema ETFs LLC raised its position in shares of Marathon Petroleum by 9.6% during the second quarter. Tema ETFs LLC now owns 4,972 shares of the oil and gas company’s stock worth $1,271,000 after purchasing an additional 435 shares during the period. City Holding Co. lifted its holdings in shares of Marathon Petroleum by 2.7% during the second quarter. City Holding Co. now owns 14,236 shares of the oil and gas company’s stock valued at $3,640,000 after purchasing an additional 370 shares during the last quarter. Financial Management Professionals Inc. boosted its position in shares of Marathon Petroleum by 14.5% in the 2nd quarter. Financial Management Professionals Inc. now owns 958 shares of the oil and gas company’s stock valued at $245,000 after purchasing an additional 121 shares during the period. Finally, Harrell Investment Partners LLC increased its stake in Marathon Petroleum by 0.6% in the 2nd quarter. Harrell Investment Partners LLC now owns 30,317 shares of the oil and gas company’s stock worth $7,751,000 after purchasing an additional 187 shares in the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.
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 shares were sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the sale, the vice president owned 16,900 shares in the company, valued at $4,543,058. The trade was a 27.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. 0.17% of the stock is currently owned by company insiders.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
About Marathon Petroleum
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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