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Greatmark Investment Partners Inc. Has $23.86 Million Holdings in Marathon Petroleum Corporation (NYSE:MPC)

MarketBeat · last updated July 13, 2025 – 3:47 AM

Greatmark Investment Partners Inc. grew its position in shares of Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 1.6% in the first quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 163,783 shares of the oil and gas company’s stock after acquiring an additional 2,612 shares during the quarter. Marathon Petroleum accounts for 3.3% of Greatmark Investment Partners Inc.’s holdings, making the stock its 9th biggest position. Greatmark Investment Partners Inc. owned approximately 0.05% of Marathon Petroleum worth $23,862,000 at the end of the most recent quarter.

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A number of other large investors have also recently bought and sold shares of the company. Wellington Management Group LLP lifted its holdings in Marathon Petroleum by 78.1% during the 4th quarter. Wellington Management Group LLP now owns 9,961,503 shares of the oil and gas company’s stock valued at $1,389,630,000 after purchasing an additional 4,367,774 shares during the last quarter. Demars Financial Group LLC increased its position in shares of Marathon Petroleum by 16,338.3% in the fourth quarter. Demars Financial Group LLC now owns 4,177,133 shares of the oil and gas company’s stock worth $582,710,000 after purchasing an additional 4,151,722 shares during the period. Norges Bank bought a new position in shares of Marathon Petroleum in the fourth quarter worth $453,427,000. GAMMA Investing LLC increased its position in shares of Marathon Petroleum by 14,969.1% in the first quarter. GAMMA Investing LLC now owns 1,540,963 shares of the oil and gas company’s stock worth $224,503,000 after purchasing an additional 1,530,737 shares during the period. Finally, Boston Partners boosted its stake in Marathon Petroleum by 37.4% in the fourth quarter. Boston Partners now owns 3,436,704 shares of the oil and gas company’s stock valued at $480,501,000 after buying an additional 935,042 shares in the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.

Analyst Ratings Changes

MPC has been the topic of several research analyst reports. Barclays raised their price objective on Marathon Petroleum from $159.00 to $189.00 and gave the company an “overweight” rating in a research note on Friday. Scotiabank lifted their price objective on Marathon Petroleum from $147.00 to $180.00 and gave the stock a “sector outperform” rating in a research note on Friday. UBS Group lifted their target price on Marathon Petroleum from $175.00 to $203.00 and gave the stock a “buy” rating in a report on Thursday. Wall Street Zen upgraded Marathon Petroleum from a “sell” rating to a “hold” rating in a report on Thursday, May 22nd. Finally, Raymond James Financial restated a “strong-buy” rating on shares of Marathon Petroleum in a report on Monday, June 30th. One research analyst has rated the stock with a sell rating, eight have issued a hold rating, nine have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $184.38.

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Marathon Petroleum Stock Down 1.3%

MPC stock opened at $179.81 on Friday. The stock’s fifty day simple moving average is $163.74 and its two-hundred day simple moving average is $150.00. 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 Corporation has a 1-year low of $115.10 and a 1-year high of $183.31. The stock has a market cap of $55.24 billion, a P/E ratio of 25.29, a P/E/G ratio of 3.53 and a beta of 0.88.

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

Marathon Petroleum Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st were given a dividend of $0.91 per share. The ex-dividend date was Wednesday, May 21st. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.02%. Marathon Petroleum’s dividend payout ratio is presently 51.20%.

Insider Transactions at Marathon Petroleum

In related news, Director Kim K.W. Rucker sold 7,392 shares of the 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 sale, the director owned 18,944 shares of the company’s stock, valued at approximately $3,315,200. This represents a 28.07% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.21% of the company’s stock.

About Marathon Petroleum

(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.