Marathon Petroleum Corporation $MPC Shares Sold by Allspring Global Investments Holdings LLC

Allspring Global Investments Holdings LLC decreased its position in Marathon Petroleum Corporation (NYSE:MPC) by 72.3% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 22,687 shares of the oil and gas company’s stock after selling 59,131 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Marathon Petroleum were worth $4,363,000 as of its most recent SEC filing.

A number of other hedge funds also recently made changes to their positions in the business. Delos Wealth Advisors LLC acquired a new position in Marathon Petroleum during the 2nd quarter valued at about $25,000. Activest Wealth Management increased its stake in shares of Marathon Petroleum by 290.2% during the second quarter. Activest Wealth Management now owns 160 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 119 shares during the period. NewSquare Capital LLC raised its holdings in Marathon Petroleum by 103.1% during the second quarter. NewSquare Capital LLC now owns 199 shares of the oil and gas company’s stock worth $33,000 after purchasing an additional 101 shares in the last quarter. WFA of San Diego LLC acquired a new stake in Marathon Petroleum in the second quarter worth approximately $33,000. Finally, Transce3nd LLC boosted its stake in Marathon Petroleum by 10,250.0% during the 2nd quarter. Transce3nd LLC now owns 207 shares of the oil and gas company’s stock valued at $34,000 after purchasing an additional 205 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Wall Street Analyst Weigh In

MPC has been the subject of a number of research analyst reports. JPMorgan Chase & Co. upped their price target on shares of Marathon Petroleum from $183.00 to $211.00 and gave the company a “neutral” rating in a report on Wednesday, November 12th. Mizuho set a $196.00 target price on shares of Marathon Petroleum in a research note on Friday, December 12th. UBS Group raised their target price on shares of Marathon Petroleum from $203.00 to $220.00 and gave the stock a “buy” rating in a report on Friday, September 26th. Zacks Research raised Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Monday. Finally, BMO Capital Markets reissued an “outperform” rating on shares of Marathon Petroleum in a research note on Tuesday, December 9th. One analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating and nine have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $203.07.

Marathon Petroleum Price Performance

Shares of NYSE:MPC opened at $172.64 on Thursday. The company’s fifty day moving average is $183.90 and its two-hundred day moving average is $180.19. The company has a market cap of $51.89 billion, a P/E ratio of 18.40, a price-to-earnings-growth ratio of 0.65 and a beta of 0.74. Marathon Petroleum Corporation has a 12-month low of $115.10 and a 12-month high of $202.29. The company has a quick ratio of 0.79, a current ratio of 1.32 and a debt-to-equity ratio of 1.31.

Marathon Petroleum (NYSE:MPC) last issued its earnings results on Tuesday, November 4th. The oil and gas company reported $3.01 EPS for the quarter, topping the consensus estimate of $3.00 by $0.01. The business had revenue of $34.81 billion during the quarter, compared to analysts’ expectations of $31.06 billion. Marathon Petroleum had a return on equity of 9.76% and a net margin of 2.13%. Equities analysts expect that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were issued a $1.00 dividend. The ex-dividend date was Wednesday, November 19th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 2.3%. This is a positive change from Marathon Petroleum’s previous quarterly dividend of $0.91. Marathon Petroleum’s dividend payout ratio is currently 42.64%.

Marathon Petroleum News Roundup

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

• Positive Sentiment: Investors are reacting positively to Marathon expanding Venezuelan crude runs ahead of its earnings report — running cheaper heavy Venezuelan barrels can lower feedstock costs and boost refining margins if logistics and sanctions clear. How Investors Are Reacting To Marathon Petroleum (MPC) Expanding Venezuelan Crude Runs Ahead of Earnings
• Positive Sentiment: Broader U.S. policy moves around Venezuela could benefit U.S. oil names that can access Venezuelan heavy crude; Marathon is highlighted among names that could gain if market access expands. This reinforces the bullish thesis on cheaper heavy crude supply. These Stocks Could Gain From Venezuela’s Upheaval
• Positive Sentiment: Zacks upgraded MPC to a “strong-buy,” and analyst commentary/media coverage of upgrades often attracts buying interest and flows into the stock. Zacks.com
• Positive Sentiment: Analysis suggesting access to cheaper heavy crude for Marathon supports margin upside and underpins bullish research notes and investor expectations. Cheaper Heavy Crude Might Come For Marathon Petroleum Corporation
• Neutral Sentiment: Preview pieces outline expectations for MPC’s Q4 2025 earnings (analysts project strong year-over-year EPS growth). These set a high bar heading into the report — upside could propel shares, while any miss would be punished. What to Expect From Marathon Petroleum’s Q4 2025 Earnings Report
• Neutral Sentiment: Additional earnings previews and analyst write-ups reiterate expectations for robust earnings revisions into the quarter; useful for gauging consensus vs. company guidance. What to Expect From Marathon Petroleum’s Q4 2025 Earnings Report
• Negative Sentiment: Local permitting scrutiny — a public comment period on an El Paso refinery air permit could lead to delays, additional costs, or operating constraints if regulators impose tighter conditions. This is a localized but meaningful execution risk. Public can give views on El Paso refinery air permit at TCEQ meeting
• Negative Sentiment: Recent intraday volatility (noted sessions of both significant gains and a pullback) highlights short-term risk; swings may reflect positioning around the Venezuela news and the upcoming earnings release. Marathon Petroleum (MPC) Stock Falls Amid Market Uptick: What Investors Need to Know

Marathon Petroleum Company Profile

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.