Ameriprise Financial Inc. Sells 537,272 Shares of Marathon Petroleum Corporation $MPC

Ameriprise Financial Inc. cut its position in Marathon Petroleum Corporation (NYSE:MPC) by 19.3% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 2,244,349 shares of the oil and gas company’s stock after selling 537,272 shares during the period. Ameriprise Financial Inc. owned about 0.75% of Marathon Petroleum worth $432,588,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Vanguard Group Inc. lifted its position in shares of Marathon Petroleum by 11.2% in the second quarter. Vanguard Group Inc. now owns 38,866,104 shares of the oil and gas company’s stock valued at $6,456,049,000 after acquiring an additional 3,924,713 shares in the last quarter. Norges Bank purchased a new stake in shares of Marathon Petroleum during the second quarter worth about $527,197,000. Boston Partners raised its stake in Marathon Petroleum by 13.1% during the 2nd quarter. Boston Partners now owns 6,163,737 shares of the oil and gas company’s stock valued at $1,024,395,000 after purchasing an additional 715,223 shares during the period. Balyasny Asset Management L.P. lifted its holdings in Marathon Petroleum by 27,979.8% in the 2nd quarter. Balyasny Asset Management L.P. now owns 659,595 shares of the oil and gas company’s stock worth $109,565,000 after purchasing an additional 657,246 shares in the last quarter. Finally, Panagora Asset Management Inc. lifted its holdings in Marathon Petroleum by 217.8% in the 2nd quarter. Panagora Asset Management Inc. now owns 883,763 shares of the oil and gas company’s stock worth $146,802,000 after purchasing an additional 605,705 shares in the last quarter. 76.77% of the stock is currently owned by institutional investors.

Insider Activity

In other news, insider Ricky D. Hessling sold 1,037 shares of the company’s stock in a transaction dated Thursday, March 12th. The shares were sold at an average price of $229.08, for a total transaction of $237,555.96. Following the sale, the insider directly owned 9,151 shares in the company, valued at approximately $2,096,311.08. This represents a 10.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.25% of the company’s stock.

Marathon Petroleum Stock Down 1.7%

Shares of MPC opened at $226.06 on Monday. The company has a debt-to-equity ratio of 1.27, a current ratio of 1.26 and a quick ratio of 0.74. The stock has a market capitalization of $66.63 billion, a price-to-earnings ratio of 16.93, a price-to-earnings-growth ratio of 1.35 and a beta of 0.69. Marathon Petroleum Corporation has a 1 year low of $115.10 and a 1 year high of $236.10. The business’s 50 day simple moving average is $193.11 and its 200-day simple moving average is $188.32.

Marathon Petroleum (NYSE:MPC) last posted its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share for the quarter, beating analysts’ consensus estimates of $3.73 by $0.34. The firm had revenue of $32.57 billion during the quarter, compared to analyst estimates of $30.89 billion. Marathon Petroleum had a net margin of 2.99% and a return on equity of 13.90%. Marathon Petroleum’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the firm posted $0.77 earnings per share. As a group, equities analysts expect that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The firm also recently disclosed 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 dividend on an annualized basis and a dividend yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio (DPR) is presently 29.96%.

Key Stories Impacting Marathon Petroleum

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

Analyst Ratings Changes

A number of equities research analysts have issued reports on MPC shares. TD Cowen increased their price objective on shares of Marathon Petroleum from $183.00 to $198.00 and gave the company a “buy” rating in a report on Wednesday, February 4th. Scotiabank reissued an “outperform” rating and issued a $174.00 target price on shares of Marathon Petroleum in a report on Friday, January 16th. Weiss Ratings raised shares of Marathon Petroleum from a “hold (c)” rating to a “buy (b-)” rating in a research note on Friday, February 27th. Zacks Research downgraded shares of Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a report on Tuesday, January 20th. Finally, Barclays decreased their price target on shares of Marathon Petroleum from $202.00 to $194.00 and set an “overweight” rating on the stock in a research note on Tuesday, January 13th. Eleven research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Marathon Petroleum currently has an average rating of “Moderate Buy” and a consensus target price of $204.25.

Marathon Petroleum 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.