Assenagon Asset Management S.A. Purchases 246,384 Shares of Marathon Petroleum Corporation $MPC

Assenagon Asset Management S.A. lifted its position in shares of Marathon Petroleum Corporation (NYSE:MPC) by 332.4% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 320,499 shares of the oil and gas company’s stock after acquiring an additional 246,384 shares during the period. Assenagon Asset Management S.A. owned approximately 0.11% of Marathon Petroleum worth $52,123,000 as of its most recent filing with the Securities and Exchange Commission.

Several other large investors have also made changes to their positions in the company. Brighton Jones LLC boosted its holdings in shares of Marathon Petroleum by 30.9% in the 4th quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock valued at $696,000 after purchasing an additional 1,178 shares in the last quarter. Woodline Partners LP raised its holdings in shares of Marathon Petroleum by 38.3% during the 1st quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock worth $3,889,000 after buying an additional 7,396 shares in the last quarter. Sivia Capital Partners LLC raised its holdings 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 in the last quarter. American Century Companies Inc. lifted its position in shares of Marathon Petroleum by 7.4% during the 2nd quarter. American Century Companies Inc. now owns 363,776 shares of the oil and gas company’s stock worth $60,427,000 after buying an additional 24,913 shares during the last quarter. Finally, Prudential Financial Inc. lifted its position in shares of Marathon Petroleum by 32.6% during the 2nd quarter. Prudential Financial Inc. now owns 284,409 shares of the oil and gas company’s stock worth $47,243,000 after buying an additional 69,891 shares during the last quarter. Institutional investors and hedge funds own 76.77% of the company’s stock.

Insider Activity

In related news, insider Ricky D. Hessling sold 1,810 shares of the company’s stock in a transaction dated Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total transaction of $406,851.80. Following the sale, the insider owned 10,188 shares in the company, valued at $2,290,058.64. This represents a 15.09% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Over the last 90 days, insiders sold 4,473 shares of company stock valued at $1,015,428. 0.17% of the stock is owned by insiders.

Marathon Petroleum Trading Up 4.9%

NYSE:MPC opened at $243.97 on Wednesday. Marathon Petroleum Corporation has a 52 week low of $115.10 and a 52 week high of $247.14. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. The firm’s fifty day moving average is $201.51 and its 200-day moving average is $191.04. The firm has a market cap of $71.85 billion, a P/E ratio of 18.28, a P/E/G ratio of 1.39 and a beta of 0.69.

Marathon Petroleum (NYSE:MPC) last announced its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 earnings per share 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%. Marathon Petroleum’s quarterly revenue was down .1% on a year-over-year basis. During the same quarter last year, the firm earned $0.77 earnings per share. Equities analysts expect that Marathon Petroleum Corporation will post 8.47 earnings per share for the current year.

Marathon Petroleum Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Wednesday, February 18th were given a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, February 18th. This represents a $4.00 annualized dividend and a dividend yield of 1.6%. Marathon Petroleum’s dividend payout ratio (DPR) is 29.96%.

Marathon Petroleum News Roundup

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

• Positive Sentiment: Improving refining margin backdrop and crack spreads — market reports tie today’s rally to wider gasoline and diesel cracks that should flow quickly into refiner earnings, benefiting MPC’s revenue and margins. Why Marathon Petroleum Stock Is Breaking Out To Fresh All-Time Highs Today
• Positive Sentiment: Company fundamentals and cash-return story — investors are rewarding MPC’s 2025 metrics (94% refining utilization, 105% margin capture) and the firm’s ability to fund large capital returns from operating cash flow. That supports the narrative MPC can sustain shareholder payouts through cycles. Marathon Petroleum jumps as refining-margin backdrop improves and investors refocus on cash-return story
• Positive Sentiment: Geopolitical risk lifting energy sentiment — escalation in the U.S.-Israel-Iran region has added risk premia to global oil markets, supporting crude prices and refiners’ outlooks. Why Marathon Petroleum Stock Is Breaking Out To Fresh All-Time Highs Today
• Positive Sentiment: Investor bullish theses gaining traction — retail and independent write-ups summarizing bullish theses (valuation, cash flow, buyback/dividend support) are circulating and may be reinforcing demand. Is Marathon Petroleum Corporation (MPC) A Good Stock To Buy Now? Is Marathon Petroleum Corporation (MPC) a good stock to buy now?
• Neutral Sentiment: Upcoming Q1 results — MPC will report first-quarter results on May 5; investors may be positioning ahead of the call, which could add volatility or confirm margin strength. Marathon Petroleum Corp. to Report First-Quarter Financial Results on May 5, 2026
• Neutral Sentiment: Analyst ratings and price targets are mixed — several recent buy/overweight ratings support the stock, but the median 6‑month price target (~$210) cited in market compendia sits below the current level, so analyst coverage could temper gains if outlooks aren’t revised higher. Marathon Petroleum jumps as refining-margin backdrop improves and investors refocus on cash-return story
• Negative Sentiment: Insider and institutional selling activity — recent QuiverQuant data flags multiple insider sales and sizable institutional position reductions last quarter, which could be a headwind if the trend continues. Marathon Petroleum jumps as refining-margin backdrop improves and investors refocus on cash-return story

Analysts Set New Price Targets

MPC has been the topic of a number of recent analyst reports. BMO Capital Markets lifted their target price on Marathon Petroleum from $225.00 to $230.00 and gave the company an “outperform” rating in a research report on Tuesday, March 3rd. JPMorgan Chase & Co. dropped their target price on shares of Marathon Petroleum from $211.00 to $179.00 and set a “neutral” rating for the company in a report on Tuesday, January 13th. Mizuho lifted their price target on shares of Marathon Petroleum from $205.00 to $224.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Piper Sandler lowered their price objective on shares of Marathon Petroleum from $231.00 to $184.00 and set a “neutral” rating for the company in a research report on Thursday, January 8th. Finally, Scotiabank reissued an “outperform” rating and issued a $174.00 price objective on shares of Marathon Petroleum in a research note on Friday, January 16th. Ten investment analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $205.44.

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.