News

Rep. Robert Bresnahan, Jr. Buys Marathon Petroleum Co. (NYSE:MPC) Stock

MarketBeat · last updated June 2, 2025 – 10:30 PM

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Marathon Petroleum Co. NYSE: MPC. In a filing disclosed on May 31st, the Representative disclosed that they had bought between $1,001 and $15,000 in Marathon Petroleum stock on May 15th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

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Representative Robert Bresnahan, Jr. also recently made the following trade(s):

Sold $1,001 — $15,000 in shares of Zimmer Biomet NYSE: ZBH on 5/15/2025.
Sold $15,001 — $50,000 in shares of Elevance Health NYSE: ELV on 5/15/2025.
Sold $15,001 — $50,000 in shares of PepsiCo NASDAQ: PEP on 5/15/2025.
Sold $1,001 — $15,000 in shares of WEC Energy Group NYSE: WEC on 5/15/2025.
Purchased $15,001 — $50,000 in shares of Advanced Micro Devices NASDAQ: AMD on 5/15/2025.
Purchased $1,001 — $15,000 in shares of Hershey NYSE: HSY on 5/15/2025.
Purchased $1,001 — $15,000 in shares of Kraft Heinz NASDAQ: KHC on 5/15/2025.
Sold $1,001 — $15,000 in shares of Exxon Mobil NYSE: XOM on 5/15/2025.
Sold $1,001 — $15,000 in shares of Danaher NYSE: DHR on 5/15/2025.
Sold $1,001 — $15,000 in shares of International Flavors & Fragrances NYSE: IFF on 5/15/2025.

Marathon Petroleum Stock Performance

Shares of MPC stock opened at $158.55 on Tuesday. The firm has a market capitalization of $48.71 billion, a price-to-earnings ratio of 15.97, a PEG ratio of 3.11 and a beta of 0.87. The company has a current ratio of 1.23, a quick ratio of 0.76 and a debt-to-equity ratio of 0.94. The business’s 50-day moving average price is $142.80 and its 200-day moving average price is $146.07. Marathon Petroleum Co. has a 12 month low of $115.10 and a 12 month high of $183.31.

Marathon Petroleum (NYSE:MPC — Get Free Report) last issued 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. Marathon Petroleum had a net margin of 2.45% and a return on equity of 12.07%. The business had revenue of $31.85 billion during the quarter, compared to analyst estimates of $28.91 billion. During the same quarter last year, the business earned $2.58 EPS. The firm’s quarterly revenue was down 4.1% on a year-over-year basis. Equities research analysts forecast that Marathon Petroleum Co. will post 8.47 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st will be given a $0.91 dividend. The ex-dividend date is Wednesday, May 21st. This represents a $3.64 annualized dividend and a yield of 2.30%. Marathon Petroleum’s dividend payout ratio is presently 51.20%.

Hedge Funds Weigh In On Marathon Petroleum

Institutional investors have recently modified their holdings of the company. SWS Partners raised its holdings in Marathon Petroleum by 19.0% during the fourth quarter. SWS Partners now owns 17,577 shares of the oil and gas company’s stock worth $2,452,000 after buying an additional 2,806 shares during the last quarter. Greatmark Investment Partners Inc. raised its holdings in shares of Marathon Petroleum by 3.5% in the 4th quarter. Greatmark Investment Partners Inc. now owns 161,171 shares of the oil and gas company’s stock worth $22,483,000 after acquiring an additional 5,476 shares during the last quarter. TCTC Holdings LLC lifted its position in Marathon Petroleum by 3.3% in the 4th quarter. TCTC Holdings LLC now owns 91,256 shares of the oil and gas company’s stock valued at $12,730,000 after acquiring an additional 2,892 shares in the last quarter. Cambridge Financial Group Inc. acquired a new position in Marathon Petroleum during the 4th quarter valued at about $5,624,000. Finally, Principal Securities Inc. increased its holdings in Marathon Petroleum by 10.3% during the 4th quarter. Principal Securities Inc. now owns 5,550 shares of the oil and gas company’s stock worth $774,000 after purchasing an additional 516 shares in the last quarter. 76.77% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Evan Bayh acquired 1,000 shares of the business’s stock in a transaction on Wednesday, March 5th. The shares were purchased at an average cost of $133.70 per share, with a total value of $133,700.00. Following the acquisition, the director now directly owns 69,305 shares of the company’s stock, valued at $9,266,078.50. The trade was a 1.46% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, insider Ricky D. Hessling purchased 2,000 shares of the company’s stock in a transaction that occurred on Tuesday, March 11th. The shares were purchased at an average cost of $134.72 per share, for a total transaction of $269,440.00. Following the completion of the transaction, the insider now directly owns 12,162 shares of the company’s stock, valued at $1,638,464.64. This represents a 19.68% increase in their ownership of the stock. The disclosure for this purchase can be found here. Corporate insiders own 0.21% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on MPC. Raymond James cut their price target on shares of Marathon Petroleum from $193.00 to $183.00 and set a “strong-buy” rating on the stock in a report on Wednesday, April 9th. Barclays raised their target price on Marathon Petroleum from $141.00 to $159.00 and gave the stock an “overweight” rating in a research report on Monday, May 12th. Scotiabank cut their target price on Marathon Petroleum from $169.00 to $147.00 and set a “sector outperform” rating on the stock in a report on Friday, April 11th. Wells Fargo & Company increased their price target on Marathon Petroleum from $175.00 to $180.00 and gave the company an “overweight” rating in a research note on Tuesday, May 13th. Finally, Wall Street Zen raised Marathon Petroleum from a “sell” rating to a “hold” rating in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have assigned a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, Marathon Petroleum has a consensus rating of “Moderate Buy” and a consensus target price of $175.29.

Check Out Our Latest Stock Report on MPC

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Marathon Petroleum

(Get 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.