Wellington Management Group LLP Cuts Position in Marathon Petroleum Corporation $MPC

Wellington Management Group LLP lowered its stake in shares of Marathon Petroleum Corporation (NYSE:MPC — Free Report) by 19.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 9,368,219 shares of the oil and gas company’s stock after selling 2,309,074 shares during the period. Wellington Management Group LLP owned about 3.12% of Marathon Petroleum worth $1,805,631,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also modified their holdings of the company. Brighton Jones LLC boosted its position in Marathon Petroleum by 30.9% during the fourth quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock worth $696,000 after purchasing an additional 1,178 shares in the last quarter. Woodline Partners LP increased its position in shares of Marathon Petroleum by 38.3% in the first quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock valued at $3,889,000 after buying an additional 7,396 shares in the last quarter. Sivia Capital Partners LLC raised its stake in shares of Marathon Petroleum by 26.6% during the 2nd quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock worth $369,000 after buying an additional 466 shares during the last quarter. Midwest Trust Co purchased a new stake in shares of Marathon Petroleum in the 2nd quarter worth about $209,000. Finally, Nwam LLC boosted its position in shares of Marathon Petroleum by 7.6% in the 2nd quarter. Nwam LLC now owns 1,716 shares of the oil and gas company’s stock worth $289,000 after buying an additional 121 shares in the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on MPC shares. Piper Sandler dropped their target price on shares of Marathon Petroleum from $231.00 to $184.00 and set a “neutral” rating for the company in a report on Thursday, January 8th. Citigroup upped their price target on shares of Marathon Petroleum from $182.00 to $210.00 and gave the company a “neutral” rating in a report on Monday, February 9th. Jefferies Financial Group dropped their price objective on shares of Marathon Petroleum from $216.00 to $205.00 and set a “buy” rating for the company in a research note on Monday, January 26th. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $213.00 to $217.00 and gave the stock an “overweight” rating in a research report on Wednesday, February 4th. Finally, Zacks Research lowered Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 20th. Eleven research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the stock. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $204.25.

Get Our Latest Report on Marathon Petroleum

Marathon Petroleum News Roundup

Here are the key news stories impacting Marathon Petroleum this week:

• Positive Sentiment: Blowout Q4 results and big shareholder returns: MPC reported $4.07 adjusted EPS for Q4, topped revenue expectations, and returned substantial cash to shareholders—this underpins near-term earnings and buyback/dividend prospects. Article Title
• Positive Sentiment: Goldman Sachs raised its price target to $239 and reiterated a “buy” rating, signaling institutional confidence and providing upward pressure on sentiment. Article Title
• Positive Sentiment: Recent intraday strength — MPC recently closed higher in a session where broader markets fell, indicating episodic demand for the name on company-specific news. Article Title
• Neutral Sentiment: Analysts are split on 2026 outlooks: the analyst fair value moved slightly to $202.50, but firms are issuing both raises and trims, creating mixed expectations for forward upside. Article Title
• Neutral Sentiment: Macro and geopolitical uncertainty (Middle East tensions, central-bank decisions) could push oil and refining margins around, producing volatility but unclear directional impact. Article Title
• Neutral Sentiment: Longer-term industry note — a planned new U.S. refinery in Brownsville could alter supply dynamics over years, but it is not an immediate driver for MPC fundamentals. Article Title
• Negative Sentiment: Insider selling by director Ricky D. Hessling: two recent sales (1,810 shares at ~$224.78 on Mar 11 and 1,037 shares at ~$229.08 on Mar 12) reduced his stake materially — such disclosures often pressure sentiment even when sales are routine. SEC filing: SEC Filing

Insiders Place Their Bets

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,810 shares of the business’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total value of $406,851.80. Following the completion of the transaction, the insider directly owned 10,188 shares in the company, valued at approximately $2,290,058.64. The trade was a 15.09% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Company insiders own 0.21% of the company’s stock.

Marathon Petroleum Price Performance

NYSE:MPC opened at $226.06 on Friday. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $236.10. The firm has a market cap of $66.63 billion, a price-to-earnings ratio of 16.93, a price-to-earnings-growth ratio of 1.37 and a beta of 0.69. The company’s 50-day moving average is $193.11 and its two-hundred day moving average is $188.14. The company has a current ratio of 1.26, a quick ratio of 0.74 and a debt-to-equity ratio of 1.27.

Marathon Petroleum (NYSE:MPC — Get Free Report) last issued its quarterly earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 EPS for the quarter, topping analysts’ consensus estimates of $3.73 by $0.34. The business had revenue of $32.57 billion during the quarter, compared to the consensus estimate of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. The company’s quarterly revenue was down .1% compared to the same quarter last year. During the same period in the previous year, the firm posted $0.77 earnings per share. Research analysts expect that Marathon Petroleum Corporation will post 8.47 EPS for the current year.

Marathon Petroleum Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were paid a $1.00 dividend. This represents a $4.00 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 18th. Marathon Petroleum’s payout ratio is presently 29.96%.

About Marathon Petroleum

(Free Report)

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.

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