News

Resurgent Financial Advisors LLC Sells 2,198 Shares of Marathon Petroleum Corporation (NYSE:MPC)

MarketBeat · last updated July 19, 2025 – 6:34 AM

Resurgent Financial Advisors LLC reduced its position in shares of Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 25.1% during the 1st quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 6,564 shares of the oil and gas company’s stock after selling 2,198 shares during the quarter. Resurgent Financial Advisors LLC’s holdings in Marathon Petroleum were worth $956,000 as of its most recent filing with the Securities & Exchange Commission.

Get Marathon Petroleum alerts:

Other institutional investors also recently bought and sold shares of the company. Fourth Dimension Wealth LLC purchased a new stake in shares of Marathon Petroleum during the 4th quarter valued at $26,000. Hughes Financial Services LLC purchased a new stake in shares of Marathon Petroleum during the 1st quarter valued at $32,000. Decker Retirement Planning Inc. raised its stake in Marathon Petroleum by 1,621.4% in the 1st quarter. Decker Retirement Planning Inc. now owns 241 shares of the oil and gas company’s stock worth $35,000 after acquiring an additional 227 shares during the last quarter. Barnes Dennig Private Wealth Management LLC purchased a new position in Marathon Petroleum in the 1st quarter worth $35,000. Finally, Capital A Wealth Management LLC purchased a new position in Marathon Petroleum in the 4th quarter worth $52,000. 76.77% of the stock is currently owned by hedge funds and other institutional investors.

Marathon Petroleum Trading Up 0.1%

Shares of Marathon Petroleum stock opened at $174.34 on Friday. The firm has a 50-day moving average of $166.52 and a 200-day moving average of $151.21. The stock has a market cap of $53.56 billion, a PE ratio of 24.52, a PEG ratio of 3.27 and a beta of 0.88. Marathon Petroleum Corporation has a 52-week low of $115.10 and a 52-week high of $183.31. The company has a debt-to-equity ratio of 1.16, a quick ratio of 0.73 and a current ratio of 1.19.

Marathon Petroleum (NYSE:MPC — Get Free Report) last issued its earnings results on Tuesday, May 6th. The oil and gas company reported ($0.24) EPS 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 firm had revenue of $31.85 billion during the quarter, compared to the consensus estimate of $28.91 billion. During the same quarter in the previous year, the firm earned $2.58 earnings per share. The business’s quarterly revenue was down 4.1% on a year-over-year basis. As a group, sell-side analysts forecast that Marathon Petroleum Corporation will post 8.47 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Shareholders of record on Wednesday, May 21st were paid a $0.91 dividend. This represents a $3.64 annualized dividend and a yield of 2.09%. The ex-dividend date of this dividend was Wednesday, May 21st. Marathon Petroleum’s dividend payout ratio (DPR) is currently 51.20%.

Insiders Place Their Bets

In other news, Director Kim K.W. Rucker sold 7,392 shares of the business’s stock in a transaction dated Thursday, July 3rd. The shares were sold at an average price of $175.00, for a total transaction of $1,293,600.00. Following the completion of the sale, the director directly 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 at this link. Company insiders own 0.21% of the company’s stock.

Analyst Ratings Changes

A number of equities analysts have weighed in on MPC shares. Piper Sandler reiterated a “neutral” rating and set a $175.00 price objective (up previously from $157.00) on shares of Marathon Petroleum in a research note on Thursday, July 10th. UBS Group raised their target price on Marathon Petroleum from $175.00 to $203.00 and gave the company a “buy” rating in a research report on Thursday, July 10th. Wells Fargo & Company lifted 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. Citigroup lifted their price objective on Marathon Petroleum from $144.00 to $182.00 and gave the stock a “neutral” rating in a report on Wednesday. Finally, Morgan Stanley lifted their price target on shares of Marathon Petroleum from $160.00 to $182.00 and gave the company an “overweight” rating in a research report on Wednesday. One research analyst has rated the stock with a sell rating, nine have issued a hold rating and eight have given a buy rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $183.43.

View Our Latest Stock Report 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.