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BI Asset Management Fondsmaeglerselskab A S Sells 2,338 Shares of Marathon Petroleum Corporation $MPC

MarketBeat · last updated August 24, 2025 – 1:44 AM

BI Asset Management Fondsmaeglerselskab A S decreased its holdings in Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 17.2% in the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 11,273 shares of the oil and gas company’s stock after selling 2,338 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Marathon Petroleum were worth $1,642,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in MPC. Vanguard Group Inc. boosted its stake in Marathon Petroleum by 12.3% during the first quarter. Vanguard Group Inc. now owns 34,941,391 shares of the oil and gas company’s stock valued at $5,090,611,000 after buying an additional 3,834,501 shares during the last quarter. Boston Partners boosted its stake in Marathon Petroleum by 58.5% during the first quarter. Boston Partners now owns 5,448,514 shares of the oil and gas company’s stock valued at $791,274,000 after buying an additional 2,011,810 shares during the last quarter. Wellington Management Group LLP boosted its stake in Marathon Petroleum by 18.7% during the first quarter. Wellington Management Group LLP now owns 11,824,177 shares of the oil and gas company’s stock valued at $1,722,664,000 after buying an additional 1,862,674 shares during the last quarter. GAMMA Investing LLC boosted its stake in Marathon Petroleum by 14,969.1% during the first quarter. GAMMA Investing LLC now owns 1,540,963 shares of the oil and gas company’s stock valued at $224,503,000 after buying an additional 1,530,737 shares during the last quarter. Finally, Nuveen LLC bought a new position in Marathon Petroleum during the first quarter valued at approximately $147,122,000. 76.77% of the stock is owned by institutional investors.

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Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MPC shares. Morgan Stanley increased their price target on Marathon Petroleum from $160.00 to $182.00 and gave the company an “overweight” rating in a research note on Wednesday, July 16th. TD Cowen decreased their price objective on Marathon Petroleum from $190.00 to $182.00 and set a “buy” rating on the stock in a research report on Wednesday, August 6th. Dbs Bank upgraded Marathon Petroleum to a “moderate buy” rating in a report on Monday, July 28th. Wells Fargo & Company raised their price objective on Marathon Petroleum from $182.00 to $205.00 and gave the stock an “overweight” rating in a report on Thursday, July 10th. Finally, Wolfe Research downgraded Marathon Petroleum from an “outperform” rating to a “peer perform” rating in a report on Monday, July 14th. Eight analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $185.29.

Read Our Latest Research Report on Marathon Petroleum

Marathon Petroleum Stock Down 0.7%

Shares of NYSE MPC opened at $164.6290 on Friday. The company has a current ratio of 1.23, a quick ratio of 0.71 and a debt-to-equity ratio of 1.15. The stock has a market capitalization of $50.05 billion, a PE ratio of 24.43, a price-to-earnings-growth ratio of 3.01 and a beta of 0.90. The stock’s fifty day simple moving average is $169.51 and its two-hundred day simple moving average is $154.46. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $183.10.

Marathon Petroleum (NYSE:MPC — Get Free Report) last announced its earnings results on Tuesday, August 5th. The oil and gas company reported $3.96 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.22 by $0.74. The business had revenue of $34.10 billion for the quarter, compared to analysts’ expectations of $31.70 billion. Marathon Petroleum had a return on equity of 8.38% and a net margin of 1.58%.The business’s revenue for the quarter was down 11.1% on a year-over-year basis. During the same quarter last year, the firm earned $4.12 EPS. As a group, analysts expect that Marathon Petroleum Corporation will post 8.47 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 10th. Stockholders of record on Wednesday, August 20th will be given a $0.91 dividend. The ex-dividend date of this dividend is Wednesday, August 20th. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.2%. Marathon Petroleum’s dividend payout ratio (DPR) is presently 54.01%.

Insiders Place Their Bets

In other news, Director Kim K.W. Rucker sold 7,392 shares of the firm’s stock in a transaction on Thursday, July 3rd. The stock was sold at an average price of $175.00, for a total value of $1,293,600.00. Following the completion of the sale, the director owned 18,944 shares of the company’s stock, valued at $3,315,200. This trade represents a 28.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Molly R. Benson sold 10,879 shares of the stock in a transaction that occurred on Friday, August 15th. The shares were sold at an average price of $163.00, for a total transaction of $1,773,277.00. Following the completion of the transaction, the insider directly owned 28,700 shares of the company’s stock, valued at $4,678,100. The trade was a 27.49% decrease in their ownership of the stock. The disclosure for this sale can be found here. 0.21% of the stock is owned by company insiders.

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.