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AustralianSuper Pty Ltd Buys 5,569 Shares of Marathon Petroleum Corporation (NYSE:MPC)

MarketBeat · last updated July 19, 2025 – 7:31 AM

AustralianSuper Pty Ltd grew its holdings in Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 0.6% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 923,930 shares of the oil and gas company’s stock after acquiring an additional 5,569 shares during the quarter. AustralianSuper Pty Ltd owned 0.30% of Marathon Petroleum worth $134,607,000 as of its most recent filing with the Securities and Exchange Commission.

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Other hedge funds also recently modified their holdings of the company. Fourth Dimension Wealth LLC acquired a new position in Marathon Petroleum during the fourth quarter worth $26,000. Hughes Financial Services LLC acquired a new position in Marathon Petroleum during the first quarter worth $32,000. Decker Retirement Planning Inc. raised its stake in Marathon Petroleum by 1,621.4% during the first quarter. Decker Retirement Planning Inc. now owns 241 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 227 shares in the last quarter. Barnes Dennig Private Wealth Management LLC acquired a new position in Marathon Petroleum during the first quarter worth $35,000. Finally, Capital A Wealth Management LLC acquired a new position in Marathon Petroleum during the fourth quarter worth $52,000. 76.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

MPC has been the topic of several recent research reports. UBS Group raised their price target on Marathon Petroleum from $175.00 to $203.00 and gave the company a “buy” rating in a report on Thursday, July 10th. Evercore ISI initiated coverage on Marathon Petroleum in a report on Wednesday, June 18th. They set an “in-line” rating and a $170.00 target price on the stock. Citigroup lifted their price objective on Marathon Petroleum from $144.00 to $182.00 and gave the company a “neutral” rating in a report on Wednesday. Raymond James Financial cut Marathon Petroleum from a “strong-buy” rating to an “outperform” rating and lifted their price objective for the company from $180.00 to $200.00 in a report on Tuesday. Finally, Wall Street Zen upgraded Marathon Petroleum from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, nine have given a hold rating and eight have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $183.43.

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Insider Buying and Selling at Marathon Petroleum

In related news, Director Kim K.W. Rucker sold 7,392 shares of the firm’s stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $175.00, for a total transaction of $1,293,600.00. Following the transaction, the director directly owned 18,944 shares of the company’s stock, valued at approximately $3,315,200. This trade represents a 28.07% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this link. 0.21% of the stock is currently owned by insiders.

Marathon Petroleum Stock Up 0.1%

Shares of NYSE:MPC traded up $0.17 during mid-day trading on Friday, hitting $174.34. 2,623,698 shares of the company traded hands, compared to its average volume of 2,711,565. The stock has a 50-day moving average price of $166.52 and a two-hundred day moving average price of $151.21. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $183.31. The stock has a market cap of $53.56 billion, a P/E ratio of 24.52, a P/E/G ratio of 3.27 and a beta of 0.88. The company has a current ratio of 1.19, a quick ratio of 0.73 and a debt-to-equity ratio of 1.16.

Marathon Petroleum (NYSE:MPC — Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The oil and gas company reported ($0.24) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.40) by $0.16. The firm had revenue of $31.85 billion during the quarter, compared to the consensus estimate of $28.91 billion. Marathon Petroleum had a return on equity of 8.89% and a net margin of 1.75%. The business’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $2.58 EPS. On average, equities research analysts forecast that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st were issued a $0.91 dividend. The ex-dividend date was Wednesday, May 21st. This represents a $3.64 annualized dividend and a dividend yield of 2.09%. Marathon Petroleum’s payout ratio is currently 51.20%.

Marathon Petroleum Profile

(Free Report)

Marathon Petroleum Corporation, together with its subsidiaries, operates as an integrated downstream energy company primarily in the United States. The company operates through Refining & Marketing, and Midstream segments. The Refining & Marketing segment refines crude oil and other feedstocks at its refineries in the Gulf Coast, Mid-Continent, and West Coast regions of the United States; and purchases refined products and ethanol for resale and distributes refined products, including renewable diesel, through transportation, storage, distribution, and marketing services.