Exchange Traded Concepts LLC Has $1.61 Million Stock Holdings in Marathon Petroleum Corporation $MPC

Exchange Traded Concepts LLC grew its position in Marathon Petroleum Corporation (NYSE:MPC) by 74.2% during the fourth quarter, HoldingsChannel reports. The firm owned 9,884 shares of the oil and gas company’s stock after buying an additional 4,210 shares during the quarter. Exchange Traded Concepts LLC’s holdings in Marathon Petroleum were worth $1,607,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also modified their holdings of the company. Boston Partners grew its stake in Marathon Petroleum by 2.3% in the 3rd quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company’s stock valued at $1,214,522,000 after buying an additional 141,691 shares during the last quarter. Legal & General Group Plc lifted its position in Marathon Petroleum by 2.0% during the 3rd quarter. Legal & General Group Plc now owns 1,861,020 shares of the oil and gas company’s stock worth $358,693,000 after acquiring an additional 35,847 shares during the last quarter. Amundi lifted its position in Marathon Petroleum by 11.8% during the 3rd quarter. Amundi now owns 1,626,862 shares of the oil and gas company’s stock worth $314,830,000 after acquiring an additional 172,172 shares during the last quarter. National Pension Service boosted its holdings in Marathon Petroleum by 1.7% during the third quarter. National Pension Service now owns 849,268 shares of the oil and gas company’s stock valued at $163,688,000 after acquiring an additional 14,308 shares during the period. Finally, Rhumbline Advisers grew its position in shares of Marathon Petroleum by 1.8% in the third quarter. Rhumbline Advisers now owns 669,237 shares of the oil and gas company’s stock valued at $128,989,000 after purchasing an additional 11,948 shares during the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

Marathon Petroleum News Roundup

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

• Positive Sentiment: TD Cowen raised its price target sharply to $299 from $198 and kept a “buy” rating, signaling sizable upside vs. recent levels and providing analyst support for the stock. MarketScreener
• Neutral Sentiment: Coverage and thematic pieces (Zacks/Yahoo) have elevated attention on MPC after a strong multi‑month run; these stories keep the stock on traders’ radars but are informational rather than catalytic. Zacks Trending
• Neutral Sentiment: Valuation analysis notes the stock’s large recent rally (strong YTD/3‑month performance); this raises investor focus on whether multiples are justified, which can amplify volatility but doesn’t itself move fundamentals. Yahoo Valuation
• Neutral Sentiment: Industry tech/funding news: Via Separations raised $36M to expand into refining/chemicals — long‑term relevance to refining flows but not an immediate earnings driver for MPC. Via Separations
• Negative Sentiment: Near‑term operational and market headwinds are pressuring the stock: oil prices eased after comments about potential de‑escalation around Iran, and investors are refocusing on planned and unplanned refinery outages at MPC (major planned turnaround at Robinson, prior Catlettsburg power outage). QuiverQuant’s roundup also highlights insider selling and institutional rebalancing that can add downside pressure. These factors explain the intraday decline as traders rotate away from energy sentiment and brace for temporarily reduced throughput. QuiverQuant

Insider Activity

In other news, insider Ricky D. Hessling sold 1,810 shares of the stock in a transaction that occurred on Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total transaction of $406,851.80. Following the sale, the insider directly owned 10,188 shares of the company’s stock, valued at $2,290,058.64. This represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders have sold 4,473 shares of company stock worth $1,015,428 in the last quarter. 0.17% of the stock is currently owned by corporate insiders.

Marathon Petroleum Stock Down 2.4%

Shares of NYSE MPC opened at $238.28 on Thursday. The stock has a market cap of $70.17 billion, a PE ratio of 17.85, a PEG ratio of 0.52 and a beta of 0.58. Marathon Petroleum Corporation has a 52-week low of $115.10 and a 52-week high of $255.77. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. The business has a fifty day moving average of $209.67 and a two-hundred day moving average of $193.63.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The firm had revenue of $32.57 billion during the quarter, compared to analysts’ expectations of $30.89 billion. During the same period last year, the firm posted $0.77 EPS. The business’s revenue was down .1% on a year-over-year basis. As a group, equities research analysts expect that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.7%. Marathon Petroleum’s payout ratio is currently 29.96%.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on MPC shares. The Goldman Sachs Group boosted their price objective on Marathon Petroleum from $211.00 to $239.00 and gave the stock a “buy” rating in a research report on Thursday, March 12th. UBS Group reaffirmed a “buy” rating and issued a $221.00 price target on shares of Marathon Petroleum in a research report on Friday, February 6th. Citigroup upped their price target on Marathon Petroleum from $182.00 to $210.00 and gave the stock a “neutral” rating in a report on Monday, February 9th. Mizuho increased their price objective on Marathon Petroleum from $205.00 to $224.00 and gave the company a “neutral” rating in a research report on Tuesday, March 17th. Finally, Zacks Research downgraded shares of Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. One research analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating and nine have assigned a Hold rating to the company. According to data from MarketBeat.com, Marathon Petroleum has an average rating of “Moderate Buy” and an average target price of $215.50.

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.