Campbell & CO Investment Adviser LLC Takes $2.23 Million Position in Marathon Petroleum Corporation $MPC

Campbell & CO Investment Adviser LLC bought a new position in Marathon Petroleum Corporation (NYSE:MPC) in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 11,553 shares of the oil and gas company’s stock, valued at approximately $2,227,000.

A number of other large investors have also bought and sold shares of the stock. Wilmington Savings Fund Society FSB boosted its position in shares of Marathon Petroleum by 0.6% during the 3rd quarter. Wilmington Savings Fund Society FSB now owns 18,258 shares of the oil and gas company’s stock worth $3,519,000 after purchasing an additional 115 shares in the last quarter. Impact Capital Partners LLC acquired a new position in shares of Marathon Petroleum during the third quarter worth approximately $219,000. Avantra Family Wealth Inc. lifted its holdings in shares of Marathon Petroleum by 1.1% in the 3rd quarter. Avantra Family Wealth Inc. now owns 8,984 shares of the oil and gas company’s stock worth $1,732,000 after purchasing an additional 98 shares in the last quarter. Versant Capital Management Inc grew its position in Marathon Petroleum by 6.8% in the 3rd quarter. Versant Capital Management Inc now owns 1,500 shares of the oil and gas company’s stock valued at $289,000 after purchasing an additional 96 shares during the period. Finally, Ashton Thomas Securities LLC acquired a new stake in Marathon Petroleum in the 3rd quarter valued at $208,000. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: International oil companies are lobbying for rapid hydrocarbon-law changes in Venezuela that would let them freely export oil they produce — reforms that could expand crude supply options and trading opportunities for refiners like Marathon over time. International oil companies push for quick reforms in Venezuela to give them control over oil exports
• Positive Sentiment: Outlets argue Marathon could be a major beneficiary if Venezuela opens access — bullish commentary that supports longer-term upside expectations for MPC tied to improved crude supply and margin opportunities. Why Marathon Petroleum Will Be the Biggest Winner in Venezuela
• Neutral Sentiment: Industry/competitive analysis pieces review Marathon’s positioning against peers — useful for context but not an immediate catalyst. How Is Marathon Petroleum Stacked Against Competition?
• Neutral Sentiment: Aggregated broker sentiment remains mildly positive on average (a “Moderate Buy” consensus), which provides support against deeper downdrafts but implies mixed conviction. Marathon Petroleum Corporation (NYSE:MPC) Given Average Rating of “Moderate Buy” by Brokerages
• Negative Sentiment: JPMorgan cut its price target sharply from $211 to $179 and moved to a “neutral” rating, removing a tailwind from the stock and signaling reduced upside expectations. JPMorgan adjusts price target on Marathon Petroleum to $179 from $211
• Negative Sentiment: BMO trimmed its target from $208 to $200 — it kept an outperform view but reduced upside, a modest negative that weighs on near-term sentiment. BMO Capital adjusts price target on Marathon Petroleum to $200 from $208
• Negative Sentiment: Reports note Citigroup has lowered expectations for MPC, and short-term price weakness was highlighted by market commentary after the stock dipped despite broader market gains. Citigroup Has Lowered Expectations for Marathon Petroleum (NYSE:MPC) Stock Price Marathon Petroleum (MPC) Stock Drops Despite Market Gains

Analyst Upgrades and Downgrades

Several research firms have recently commented on MPC. Barclays decreased their target price on shares of Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating for the company in a research report on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Marathon Petroleum in a report on Wednesday, October 8th. Wells Fargo & Company lowered their price objective on Marathon Petroleum from $214.00 to $213.00 and set an “overweight” rating for the company in a research note on Wednesday, November 5th. UBS Group lifted their target price on Marathon Petroleum from $203.00 to $220.00 and gave the company a “buy” rating in a research report on Friday, September 26th. Finally, Piper Sandler lowered their price target on Marathon Petroleum from $231.00 to $184.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have issued a Hold rating to the company’s stock. According to data from MarketBeat, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and a consensus price target of $195.71.

Marathon Petroleum Stock Performance

Shares of MPC opened at $175.51 on Friday. The stock has a 50 day moving average of $181.82 and a 200 day moving average of $180.60. The company has a market capitalization of $52.76 billion, a price-to-earnings ratio of 18.71, a PEG ratio of 0.72 and a beta of 0.74. Marathon Petroleum Corporation has a 12 month low of $115.10 and a 12 month high of $202.29. The company has a current ratio of 1.32, a quick ratio of 0.79 and a debt-to-equity ratio of 1.31.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings data on Tuesday, November 4th. The oil and gas company reported $3.01 earnings per share for the quarter, topping the consensus estimate of $3.00 by $0.01. Marathon Petroleum had a return on equity of 9.76% and a net margin of 2.13%.The business had revenue of $34.81 billion for the quarter, compared to analysts’ expectations of $31.06 billion. As a group, sell-side analysts forecast that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Wednesday, November 19th were given a dividend of $1.00 per share. The ex-dividend date was Wednesday, November 19th. This is an increase from Marathon Petroleum’s previous quarterly dividend of $0.91. This represents a $4.00 annualized dividend and a yield of 2.3%. Marathon Petroleum’s dividend payout ratio (DPR) is currently 42.64%.

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.