News

Marathon Petroleum Corporation (NYSE:MPC) Position Trimmed by Prossimo Advisors LLC

MarketBeat · last updated July 27, 2025 – 2:20 AM

Prossimo Advisors LLC trimmed its stake in Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 49.7% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 1,480 shares of the oil and gas company’s stock after selling 1,462 shares during the quarter. Prossimo Advisors LLC’s holdings in Marathon Petroleum were worth $216,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds have also made changes to their positions in the company. Stevens Capital Management LP lifted its position in Marathon Petroleum by 77.9% in the 1st quarter. Stevens Capital Management LP now owns 6,031 shares of the oil and gas company’s stock worth $879,000 after buying an additional 2,640 shares in the last quarter. Caliber Wealth Management LLC KS purchased a new position in shares of Marathon Petroleum during the 1st quarter valued at $3,347,000. Trilogy Capital Inc. acquired a new position in shares of Marathon Petroleum in the first quarter worth $249,000. Avantax Advisory Services Inc. raised its holdings in shares of Marathon Petroleum by 7.4% during the first quarter. Avantax Advisory Services Inc. now owns 18,781 shares of the oil and gas company’s stock worth $2,736,000 after acquiring an additional 1,286 shares in the last quarter. Finally, Journey Strategic Wealth LLC boosted its position in Marathon Petroleum by 105.0% during the first quarter. Journey Strategic Wealth LLC now owns 8,582 shares of the oil and gas company’s stock valued at $1,250,000 after purchasing an additional 4,396 shares during the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.

Get Marathon Petroleum alerts:

Insider Activity at Marathon Petroleum

In related news, Director Kim K.W. Rucker sold 7,392 shares of the company’s stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $175.00, for a total value of $1,293,600.00. Following the sale, the director owned 18,944 shares of the company’s stock, valued at $3,315,200. The trade was a 28.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Insiders own 0.21% of the company’s stock.

Marathon Petroleum Stock Up 0.2%

MPC opened at $171.64 on Friday. Marathon Petroleum Corporation has a 1-year low of $115.10 and a 1-year high of $183.31. The business has a 50 day moving average of $167.65 and a 200-day moving average of $152.35. The stock has a market capitalization of $52.73 billion, a price-to-earnings ratio of 24.14, a P/E/G ratio of 2.92 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 posted its quarterly earnings results on Tuesday, May 6th. The oil and gas company reported ($0.24) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.40) by $0.16. The company had revenue of $31.85 billion for the quarter, compared to analyst estimates of $28.91 billion. Marathon Petroleum had a net margin of 1.75% and a return on equity of 8.89%. The business’s quarterly revenue was down 4.1% on a year-over-year basis. During the same period last year, the business posted $2.58 EPS. As a group, sell-side analysts anticipate that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st were issued a dividend of $0.91 per share. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.12%. The ex-dividend date of this dividend was Wednesday, May 21st. Marathon Petroleum’s payout ratio is 51.20%.

Analysts Set New Price Targets

Several research analysts have weighed in on MPC shares. Mizuho upped their target price on Marathon Petroleum from $168.00 to $184.00 and gave the stock a “neutral” rating in a research report on Tuesday, May 13th. Wells Fargo & Company increased 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. UBS Group raised their price objective on shares of Marathon Petroleum from $175.00 to $203.00 and gave the company a “buy” rating in a research report on Thursday, July 10th. Piper Sandler boosted their target price on shares of Marathon Petroleum from $175.00 to $182.00 and gave the stock a “neutral” rating in a research report on Tuesday. Finally, Morgan Stanley increased their price target on shares of Marathon Petroleum from $160.00 to $182.00 and gave the stock an “overweight” rating in a research note on Wednesday, July 16th. One investment analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have issued a buy rating to the company’s stock. Based on data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Hold” and a consensus target price of $183.93.

View Our Latest Stock Analysis on MPC

Marathon Petroleum Company 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.