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Woodline Partners LP Takes $2.69 Million Position in Marathon Petroleum Co. (NYSE:MPC)

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

Woodline Partners LP bought a new stake in Marathon Petroleum Co. (NYSE:MPC — Free Report) during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm bought 19,301 shares of the oil and gas company’s stock, valued at approximately $2,692,000.

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Other hedge funds also recently modified their holdings of the company. Kohmann Bosshard Financial Services LLC bought a new position in shares of Marathon Petroleum in the 4th quarter valued at about $27,000. Asset Planning Inc bought a new position in shares of Marathon Petroleum in the 4th quarter valued at about $28,000. Sierra Ocean LLC bought a new position in shares of Marathon Petroleum in the 4th quarter valued at about $31,000. Cape Investment Advisory Inc. boosted its stake in Marathon Petroleum by 762.9% during the 4th quarter. Cape Investment Advisory Inc. now owns 302 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 267 shares during the last quarter. Finally, OFI Invest Asset Management bought a new position in Marathon Petroleum during the 4th quarter worth approximately $44,000. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum Stock Performance

Shares of MPC opened at $159.18 on Friday. The company has a debt-to-equity ratio of 0.94, a quick ratio of 0.76 and a current ratio of 1.23. Marathon Petroleum Co. has a twelve month low of $115.10 and a twelve month high of $183.31. The firm’s 50 day moving average price is $141.58 and its two-hundred day moving average price is $145.99. The firm has a market cap of $48.90 billion, a P/E ratio of 16.03, a PEG ratio of 3.11 and a beta of 0.87.

Marathon Petroleum (NYSE:MPC — Get Free Report) last announced its quarterly earnings data on Tuesday, May 6th. The oil and gas company reported ($0.24) EPS for the quarter, topping analysts’ consensus estimates of ($0.40) by $0.16. The business had revenue of $31.85 billion for the quarter, compared to analyst estimates of $28.91 billion. Marathon Petroleum had a net margin of 2.45% and a return on equity of 12.07%. The firm’s revenue for the quarter was down 4.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted $2.58 earnings per share. On average, analysts forecast that Marathon Petroleum Co. will post 8.47 EPS for the current fiscal year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a $0.91 dividend. This represents a $3.64 dividend on an annualized basis and a dividend yield of 2.29%. The ex-dividend date is Wednesday, May 21st. Marathon Petroleum’s dividend payout ratio is presently 51.20%.

Insider Transactions at Marathon Petroleum

In other news, insider Ricky D. Hessling purchased 2,000 shares of the company’s stock in a transaction on Tuesday, March 11th. The shares were purchased at an average cost of $134.72 per share, with a total value of $269,440.00. Following the completion of the transaction, the insider now owns 12,162 shares of the company’s stock, valued at $1,638,464.64. The trade was a 19.68% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Evan Bayh purchased 1,000 shares of the company’s stock in a transaction on Wednesday, March 5th. The shares were purchased at an average cost of $133.70 per share, for a total transaction of $133,700.00. Following the completion of the transaction, the director now directly owns 69,305 shares of the company’s stock, valued at approximately $9,266,078.50. This represents a 1.46% increase in their position. The disclosure for this purchase can be found here. 0.25% of the stock is currently owned by insiders.

Analyst Upgrades and Downgrades

Several research analysts recently weighed in on MPC shares. Wall Street Zen raised shares of Marathon Petroleum from a “sell” rating to a “hold” rating in a research note on Thursday. Tudor Pickering raised shares of Marathon Petroleum from a “strong sell” rating to a “hold” rating in a research note on Tuesday, February 4th. TD Cowen lifted their price objective on shares of Marathon Petroleum from $142.00 to $152.00 and gave the stock a “buy” rating in a research note on Wednesday, May 7th. Mizuho lifted their price objective on shares of Marathon Petroleum from $168.00 to $184.00 and gave the stock a “neutral” rating in a research note on Tuesday, May 13th. Finally, Raymond James reduced their price objective on shares of Marathon Petroleum from $193.00 to $183.00 and set a “strong-buy” rating on the stock in a research note on Wednesday, April 9th. One analyst has rated the stock with a sell rating, seven have assigned a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $175.29.

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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.