Hudson Edge Investment Partners Inc. reduced its position in Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 9.6% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 31,364 shares of the oil and gas company’s stock after selling 3,330 shares during the quarter. Hudson Edge Investment Partners Inc.’s holdings in Marathon Petroleum were worth $5,101,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in MPC. Miller Howard Investments Inc. NY grew its position in Marathon Petroleum by 1.8% during the fourth quarter. Miller Howard Investments Inc. NY now owns 44,139 shares of the oil and gas company’s stock valued at $7,178,000 after acquiring an additional 778 shares during the period. Krilogy Financial LLC raised its holdings in shares of Marathon Petroleum by 5.9% in the 4th quarter. Krilogy Financial LLC now owns 3,640 shares of the oil and gas company’s stock worth $628,000 after purchasing an additional 203 shares during the period. Sterling Investment Counsel LLC purchased a new position in shares of Marathon Petroleum in the 4th quarter worth about $277,000. Asset Management One Co. Ltd. lifted its stake in shares of Marathon Petroleum by 0.6% in the 4th quarter. Asset Management One Co. Ltd. now owns 126,749 shares of the oil and gas company’s stock valued at $20,734,000 after purchasing an additional 768 shares in the last quarter. Finally, Trivium Point Advisory LLC grew its holdings in shares of Marathon Petroleum by 7.3% during the 4th quarter. Trivium Point Advisory LLC now owns 6,372 shares of the oil and gas company’s stock worth $1,036,000 after purchasing an additional 434 shares during the period. Institutional investors and hedge funds own 76.77% of the company’s stock.
Insiders Place Their Bets
In related news, insider Ricky D. Hessling sold 1,626 shares of Marathon Petroleum stock in a transaction on Friday, March 13th. The shares were sold at an average price of $228.18, for a total transaction of $371,020.68. Following the sale, the insider owned 7,525 shares of the company’s stock, valued at $1,717,054.50. The trade was a 17.77% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Over the last ninety days, insiders have sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is currently owned by company insiders.
Analysts Set New Price Targets
View Our Latest Stock Analysis on MPC
Marathon Petroleum Stock Performance
Shares of NYSE:MPC opened at $213.37 on Monday. The business’s 50-day simple moving average is $221.31 and its 200 day simple moving average is $197.06. The company has a market cap of $62.84 billion, a P/E ratio of 15.98, a PEG ratio of 0.36 and a beta of 0.58. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. Marathon Petroleum Corporation has a one year low of $124.00 and a one year high of $255.77.
Marathon Petroleum (NYSE:MPC – Get Free Report) last released its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, topping analysts’ consensus estimates of $3.73 by $0.34. The firm had revenue of $32.57 billion during the quarter, compared to analysts’ expectations of $30.89 billion. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.Marathon Petroleum’s quarterly revenue was down .1% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.77 EPS. On average, sell-side analysts forecast that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.
Marathon Petroleum Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 18th were paid a $1.00 dividend. The ex-dividend date was Wednesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.9%. Marathon Petroleum’s dividend payout ratio is 29.96%.
Key Marathon Petroleum News
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: Marathon and its MLP MPLX arranged new multi‑billion dollar unsecured revolving credit facilities that extend committed liquidity to 2031, reducing near‑term refinancing risk and supporting cash flow flexibility. Marathon Petroleum Extends Liquidity To 2031 With New Credit Lines
- Positive Sentiment: An analyst price‑target raise to $279 and a cluster of bullish targets/overweight ratings in recent months signal continued analyst confidence in MPC’s cash generation and long‑term outlook. Marathon Petroleum (NYSE:MPC) Price Target Raised to $279.00
- Neutral Sentiment: Investors are reassessing MPC’s valuation after strong recent returns (roughly +29% over 3 months); that momentum has pushed attention on whether current price already reflects near‑term margin risk. Assessing Marathon Petroleum (MPC) Valuation After Recent Share Price Momentum
- Neutral Sentiment: Coverage highlighting MPC as a long‑term value/income idea underscores the company’s dividend and cashflow narrative, but these thematic pieces are less likely to move the stock near term versus operational and macro inputs. Why Marathon Petroleum (MPC) is a Top Value Stock for the Long-Term
- Negative Sentiment: Sector‑wide pullback in refining stocks is pressuring MPC as gasoline futures have softened and investors trim exposure to narrowing product cracks; this is a primary contributor to today’s decline. Marathon Petroleum (MPC) slides 4.9% as refining stocks pull back amid shifting fuel-price and operations outlook
- Negative Sentiment: Operational volatility: scheduled maintenance at the Robinson, IL refinery (mid‑March start; some units offline into mid‑May) plus a recent FCCU upset at the Galveston Bay refinery can dent near‑term throughput and margin capture. The same QuiverQuant piece also flags insider selling and large institutional position reductions, which can heighten downward pressure. Marathon Petroleum (MPC) slides 4.9% as refining stocks pull back amid shifting fuel-price and operations outlook
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.
See Also
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