JPMorgan Chase & Co. Cuts Marathon Petroleum (NYSE:MPC) Price Target to $179.00

Marathon Petroleum (NYSE:MPC) had its price target trimmed by JPMorgan Chase & Co. from $211.00 to $179.00 in a research report report published on Tuesday,MarketScreener reports. The brokerage currently has a neutral rating on the oil and gas company’s stock.

MPC has been the subject of several other research reports. BMO Capital Markets restated an “outperform” rating on shares of Marathon Petroleum in a research note on Tuesday, December 9th. Raymond James Financial dropped their target price on shares of Marathon Petroleum from $215.00 to $205.00 and set an “outperform” rating for the company in a report on Monday, December 22nd. Zacks Research upgraded shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Monday, January 5th. Barclays reduced their price objective on Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating on the stock in a research report on Tuesday. Finally, Wall Street Zen lowered Marathon Petroleum from a “buy” rating to a “hold” rating in a research note on Saturday, December 20th. One equities research 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. According to MarketBeat, Marathon Petroleum has an average rating of “Moderate Buy” and a consensus price target of $196.79.

Marathon Petroleum Stock Performance

NYSE:MPC opened at $177.20 on Tuesday. The company has a fifty day moving average of $182.18 and a two-hundred day moving average of $180.54. Marathon Petroleum has a fifty-two week low of $115.10 and a fifty-two week high of $202.29. The stock has a market capitalization of $53.27 billion, a PE ratio of 18.89, a P/E/G ratio of 0.72 and a beta of 0.74. The company has a debt-to-equity ratio of 1.31, a quick ratio of 0.79 and a current ratio of 1.32.

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

Marathon Petroleum Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Wednesday, November 19th were given a $1.00 dividend. 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. The ex-dividend date of this dividend was Wednesday, November 19th. Marathon Petroleum’s payout ratio is currently 42.64%.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of MPC. Delos Wealth Advisors LLC acquired a new position in shares of Marathon Petroleum in the second quarter valued at about $25,000. Activest Wealth Management boosted its position in shares of Marathon Petroleum by 290.2% during the 2nd quarter. Activest Wealth Management now owns 160 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 119 shares in the last quarter. KERR FINANCIAL PLANNING Corp bought a new position in Marathon Petroleum in the third quarter valued at about $39,000. NewSquare Capital LLC boosted its holdings in shares of Marathon Petroleum by 103.1% during the 2nd quarter. NewSquare Capital LLC now owns 199 shares of the oil and gas company’s stock valued at $33,000 after acquiring an additional 101 shares in the last quarter. Finally, IAG Wealth Partners LLC bought a new stake in Marathon Petroleum during the 3rd quarter worth approximately $39,000. Institutional investors own 76.77% of the company’s stock.

Marathon Petroleum News Roundup

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

• Positive Sentiment: MoneyMorning argues Marathon could be a major beneficiary of expanding operations in Venezuela, highlighting potential reserve/access upside that could boost long‑term cash flow and refining margins. Why Marathon Petroleum Will Be the Biggest Winner in Venezuela
• Positive Sentiment: Thematic and valuation pieces (Yahoo/other outlets) note MPC remains attractive after multi‑year gains, arguing the share price rally hasn’t removed all upside given dividend/repurchase returns and cash generation in refining. Is Marathon Petroleum (MPC) Still Attractive After 5-Year 4.5x Share Price Surge?
• Positive Sentiment: Analyst consensus remains generally favorable — brokerages give MPC an average rating around “Moderate Buy,” which supports demand for the shares as long as macro fundamentals hold. Marathon Petroleum Given Average Rating of “Moderate Buy”
• Neutral Sentiment: Forbes published a competitive‑landscape piece comparing MPC to peers; useful for investors assessing relative margin resilience and capital allocation but not an immediate catalyst. How Is Marathon Petroleum Stacked Against Competition?
• Negative Sentiment: Several banks cut price targets this week: JPMorgan lowered its target to $179 and kept a “neutral” rating, Citi trimmed to $182 with “neutral,” and BMO cut to $200 though it kept an “outperform” rating — these trims signal tempered near‑term expectations and likely pressure the stock. JPMorgan Adjusts Price Target BMO Adjusts Price Target Citi Price Target Note
• Negative Sentiment: Zacks and market headlines flagged the stock moved lower despite broader market gains, reflecting the immediate impact of the analyst cuts and mixed near‑term outlook for refining margins. Marathon Petroleum Stock Drops Despite Market Gains

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.