Campbell & CO Investment Adviser LLC Takes $2.23 Million Position in Marathon Petroleum Corporation $MPC
Campbell & CO Investment Adviser LLC purchased a new stake in Marathon Petroleum Corporation (NYSE:MPC — Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 11,553 shares of the oil and gas company’s stock, valued at approximately $2,227,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Brighton Jones LLC raised its position in shares of Marathon Petroleum by 30.9% in the fourth quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock valued at $696,000 after buying an additional 1,178 shares in the last quarter. Woodline Partners LP raised its holdings in Marathon Petroleum by 38.3% in the 1st quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock valued at $3,889,000 after acquiring an additional 7,396 shares in the last quarter. MassMutual Private Wealth & Trust FSB raised its holdings in Marathon Petroleum by 21.8% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 1,474 shares of the oil and gas company’s stock valued at $245,000 after acquiring an additional 264 shares in the last quarter. Aaron Wealth Advisors LLC lifted its position in shares of Marathon Petroleum by 5.9% during the 2nd quarter. Aaron Wealth Advisors LLC now owns 2,733 shares of the oil and gas company’s stock valued at $454,000 after acquiring an additional 153 shares during the period. Finally, Sivia Capital Partners LLC increased its position in shares of Marathon Petroleum by 26.6% in the second quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock worth $369,000 after purchasing an additional 466 shares during the period. Institutional investors and hedge funds own 76.77% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities research analysts recently weighed in on MPC shares. Scotiabank reaffirmed an “outperform” rating and set a $174.00 price objective on shares of Marathon Petroleum in a research report on Friday. Mizuho increased their price target on shares of Marathon Petroleum from $198.00 to $205.00 and gave the stock a “neutral” rating in a research report on Tuesday. BMO Capital Markets lowered their price objective on shares of Marathon Petroleum from $208.00 to $200.00 and set an “outperform” rating for the company in a research report on Monday, January 12th. Wells Fargo & Company cut their target price 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. Finally, Citigroup decreased their price target on Marathon Petroleum from $185.00 to $182.00 and set a “neutral” rating on the stock in a research note on Wednesday. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $195.71.
Check Out Our Latest Report on Marathon Petroleum
Marathon Petroleum Price Performance
Shares of MPC opened at $175.51 on Friday. The stock has a market cap of $52.76 billion, a PE ratio of 18.71, a PEG ratio of 0.72 and a beta of 0.74. The company has a quick ratio of 0.79, a current ratio of 1.32 and a debt-to-equity ratio of 1.31. The business has a 50-day simple moving average of $181.82 and a two-hundred day simple moving average of $180.60. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $202.29.
Marathon Petroleum (NYSE:MPC — Get Free Report) last released its quarterly earnings data on Tuesday, November 4th. The oil and gas company reported $3.01 earnings per share (EPS) for the quarter, beating the consensus estimate of $3.00 by $0.01. The company had revenue of $34.81 billion during the quarter, compared to the consensus estimate of $31.06 billion. Marathon Petroleum had a return on equity of 9.76% and a net margin of 2.13%. Analysts anticipate that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.
Marathon Petroleum Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, November 19th. This is a positive change from Marathon Petroleum’s previous quarterly dividend of $0.91. This represents a $4.00 annualized dividend and a dividend yield of 2.3%. Marathon Petroleum’s payout ratio is currently 42.64%.
Key Stories Impacting Marathon Petroleum
Here are the key news stories impacting Marathon Petroleum this week:
Marathon Petroleum 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.
Recommended Stories
Want to see what other hedge funds are holding MPC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Marathon Petroleum Corporation (NYSE:MPC — Free Report).
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Marathon Petroleum, you’ll want to hear this.
MarketBeat keeps track of Wall Street’s top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on… and Marathon Petroleum wasn’t on the list.
While Marathon Petroleum currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
MarketBeat’s analysts have just released their top five short plays for January 2026. Learn which stocks have the most short interest and how to trade them. Click the link to see which companies made the list.
Get This Free Report