Adell Harriman & Carpenter Inc. Raises Position in Mplx Lp $MPLX

Adell Harriman & Carpenter Inc. grew its stake in Mplx Lp (NYSE:MPLX) by 15.7% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 84,395 shares of the pipeline company’s stock after purchasing an additional 11,465 shares during the period. Adell Harriman & Carpenter Inc.’s holdings in Mplx were worth $4,216,000 at the end of the most recent reporting period.

Several other large investors have also recently modified their holdings of MPLX. Private Wealth Asset Management LLC purchased a new stake in Mplx during the 2nd quarter valued at $26,000. Elevation Point Wealth Partners LLC bought a new position in Mplx during the second quarter valued at $26,000. FSC Wealth Advisors LLC bought a new position in Mplx during the second quarter valued at $29,000. Operose Advisors LLC raised its stake in shares of Mplx by 216.2% in the second quarter. Operose Advisors LLC now owns 585 shares of the pipeline company’s stock valued at $30,000 after acquiring an additional 400 shares during the period. Finally, Blue Trust Inc. raised its stake in shares of Mplx by 509.0% in the second quarter. Blue Trust Inc. now owns 609 shares of the pipeline company’s stock valued at $31,000 after acquiring an additional 509 shares during the period. Institutional investors own 24.25% of the company’s stock.

Mplx Price Performance

Shares of MPLX stock opened at $55.36 on Wednesday. Mplx Lp has a twelve month low of $44.60 and a twelve month high of $57.15. The stock has a market capitalization of $56.30 billion, a price-to-earnings ratio of 11.73, a P/E/G ratio of 5.01 and a beta of 0.57. The stock has a fifty day simple moving average of $54.55 and a two-hundred day simple moving average of $52.09. The company has a current ratio of 1.31, a quick ratio of 1.26 and a debt-to-equity ratio of 1.66.

Mplx (NYSE:MPLX) last announced its quarterly earnings results on Tuesday, February 3rd. The pipeline company reported $1.17 EPS for the quarter, beating the consensus estimate of $1.10 by $0.07. The firm had revenue of $3.10 billion for the quarter, compared to analyst estimates of $3.23 billion. Mplx had a return on equity of 34.14% and a net margin of 37.61%.The business’s revenue for the quarter was up 6.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.07 earnings per share. On average, analysts predict that Mplx Lp will post 4.41 EPS for the current fiscal year.

Mplx Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, February 17th. Shareholders of record on Monday, February 9th will be given a dividend of $1.0765 per share. The ex-dividend date of this dividend is Monday, February 9th. This represents a $4.31 dividend on an annualized basis and a yield of 7.8%. Mplx’s dividend payout ratio (DPR) is 91.31%.

Mplx News Summary

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Q4 EPS beat and solid profitability — MPLX reported $1.17 EPS vs. $1.10 consensus and delivered healthy adjusted EBITDA and net income metrics, supporting distribution coverage and cash flow confidence. MPLX beats Q4 expectations as natural gas investments pay off
• Positive Sentiment: Strong full‑year results and capital returns — MPLX reported full‑year adjusted EBITDA of $7.0B, returned $4.4B to unitholders in 2025 and highlighted continued growth investments, which underpins yield and distribution reliability. MPLX LP Reports Fourth-Quarter and Full-Year 2025 Results
• Positive Sentiment: 2026 capital plan targets gas/NGL growth — Management signaled a $2.4B 2026 organic growth plan with roughly 90% allocated to natural gas and NGL services and mid‑teens return targets on projects, signaling higher‑return, fee‑based growth. MPLX signals $2.4B 2026 capital plan with 90% allocated to natural gas and NGL services
• Positive Sentiment: Parent strength provides indirect support — Marathon Petroleum’s strong results and capital return program (MPC owns ~70% of MPLX) add an extra layer of cash‑flow and strategic alignment that can support MPLX distributions and sentiment. Marathon Petroleum Company Is Ready to Sprint Higher (MPLX)
• Neutral Sentiment: Management commentary and details are available from the Q4 earnings call and transcripts — useful for assessing guidance, contract backlog and timing of gas/NGL projects. MPLX (MPLX) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Analyst tweaks — US Capital Advisors nudged Q4 and FY2025 EPS estimates slightly higher, reflecting modest analyst confidence but not large consensus revisions.
• Negative Sentiment: Revenue missed expectations — Revenue of $3.10B trailed the $3.23B consensus, which could prompt questions about volume or commodity‑related fee variability despite the EPS beat. MPLX Q4 earnings and details

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on MPLX shares. Morgan Stanley lifted their price target on shares of Mplx from $60.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. Royal Bank Of Canada boosted their target price on Mplx from $58.00 to $60.00 and gave the company an “outperform” rating in a research report on Friday, November 21st. Barclays upped their target price on Mplx from $53.00 to $55.00 and gave the company an “overweight” rating in a research note on Monday, November 17th. Zacks Research raised Mplx from a “strong sell” rating to a “hold” rating in a research note on Thursday, November 6th. Finally, JPMorgan Chase & Co. restated a “neutral” rating and set a $57.00 price objective on shares of Mplx in a report on Monday, December 1st. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and four have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, Mplx presently has an average rating of “Moderate Buy” and a consensus price target of $59.00.

About Mplx

MPLX LP (NYSE: MPLX) is a midstream master limited partnership that owns, operates and develops energy infrastructure primarily across the United States. The company provides a range of midstream services including the gathering, transportation, storage and distribution of crude oil, refined petroleum products, natural gas and natural gas liquids (NGLs). MPLX also operates processing and fractionation facilities and supplies logistics services that connect producers, refiners and end-use markets.

The partnership’s asset base includes pipelines, storage terminals, rail and marine facilities, natural gas processing plants and NGL fractionators.