BMO Capital Markets Has Lowered Expectations for Marathon Petroleum (NYSE:MPC) Stock Price

Marathon Petroleum (NYSE:MPC) had its target price lowered by investment analysts at BMO Capital Markets from $208.00 to $200.00 in a research report issued to clients and investors on Monday,MarketScreener reports. The brokerage currently has an “outperform” rating on the oil and gas company’s stock. BMO Capital Markets’ price objective would suggest a potential upside of 12.87% from the company’s current price.

MPC has been the topic of several other reports. Mizuho raised their target price on Marathon Petroleum from $198.00 to $205.00 and gave the company a “neutral” rating in a report on Tuesday. JPMorgan Chase & Co. lowered their price objective on shares of Marathon Petroleum from $211.00 to $179.00 and set a “neutral” rating for the company in a research report on Tuesday. Raymond James Financial reduced their target price on shares of Marathon Petroleum from $215.00 to $205.00 and set an “outperform” rating on the stock in a research report on Monday, December 22nd. Piper Sandler decreased their target price on shares of Marathon Petroleum from $231.00 to $184.00 and set a “neutral” rating for the company in a research note on Thursday, January 8th. Finally, Wells Fargo & Company dropped their price target on shares of Marathon Petroleum from $214.00 to $213.00 and set an “overweight” rating on the stock in a research note on Wednesday, November 5th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating and nine have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $196.79.

Marathon Petroleum Stock Down 2.1%

Shares of NYSE:MPC traded down $3.89 during midday trading on Monday, hitting $177.20. 2,003,971 shares of the company’s stock traded hands, compared to its average volume of 2,602,306. The firm’s fifty day moving average price is $182.49 and its two-hundred day moving average price is $180.56. 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 has a twelve month low of $115.10 and a twelve month high of $202.29. The company has a market cap of $53.27 billion, a PE ratio of 18.89, a P/E/G ratio of 0.70 and a beta of 0.74.

Marathon Petroleum (NYSE:MPC) last released its quarterly earnings data on Tuesday, November 4th. The oil and gas company reported $3.01 EPS for the quarter, beating the consensus estimate of $3.00 by $0.01. The company had revenue of $34.81 billion for the quarter, compared to analyst estimates of $31.06 billion. Marathon Petroleum had a return on equity of 9.76% and a net margin of 2.13%. On average, equities research analysts anticipate that Marathon Petroleum will post 8.47 EPS for the current fiscal year.

Institutional Investors Weigh In On Marathon Petroleum

Hedge funds and other institutional investors have recently modified their holdings of the stock. Vanguard Group Inc. raised its stake in shares of Marathon Petroleum by 11.2% in the 2nd 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 purchasing an additional 3,924,713 shares in the last quarter. Geode Capital Management LLC increased its holdings in Marathon Petroleum by 14.8% in the second quarter. Geode Capital Management LLC now owns 8,013,213 shares of the oil and gas company’s stock valued at $1,325,598,000 after buying an additional 1,033,645 shares during the last quarter. Boston Partners raised its stake in Marathon Petroleum by 2.3% during the third quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company’s stock valued at $1,214,522,000 after buying an additional 141,691 shares in the last quarter. Bank of New York Mellon Corp lifted its holdings in Marathon Petroleum by 12.8% during the 2nd quarter. Bank of New York Mellon Corp now owns 5,619,398 shares of the oil and gas company’s stock worth $933,438,000 after buying an additional 637,050 shares during the last quarter. Finally, Norges Bank bought a new position in Marathon Petroleum during the 2nd quarter worth approximately $527,197,000. Institutional investors own 76.77% of the company’s stock.

Key Stories Impacting Marathon Petroleum

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

• Positive Sentiment: MoneyMorning argues MPC could be a major beneficiary in Venezuela, highlighting potential upside from international opportunities — a bullish narrative that could support longer-term investor interest. Why Marathon Petroleum Will Be the Biggest Winner in Venezuela
• Positive Sentiment: Broker coverage aggregated by AmericanBankingNews shows an average rating of “Moderate Buy,” indicating overall analyst support that may underpin buying interest despite near-term pressure. Marathon Petroleum Given Average Rating of “Moderate Buy” by Brokerages
• Positive Sentiment: BMO cut its price target to $200 from $208 but kept an “Outperform” rating — the new PT still implies meaningful upside from current levels, which can be viewed as supportive. BMO Capital Adjusts Price Target on Marathon Petroleum
• Neutral Sentiment: Forbes published a comparative piece on how Marathon stacks up vs. peers — useful context for investors assessing competitive strengths but not an immediate price catalyst. How Is Marathon Petroleum Stacked Against Competition?
• Neutral Sentiment: A Yahoo/coverage piece asks whether MPC remains attractive after a multi‑year run — it frames the long-term case but doesn’t change near‑term analyst views. Is Marathon Petroleum (MPC) Still Attractive After 5-Year 4.5x Share Price Surge?
• Neutral Sentiment: Citigroup trimmed its price target modestly to $182 from $185 and kept a “Neutral” rating — a small downtick that likely contributes limited incremental pressure. Citigroup Lowers Price Target
• Negative Sentiment: JPMorgan made the largest downward adjustment, cutting its PT to $179 from $211 and keeping a “Neutral” rating — that sizable cut narrows upside and is a key near‑term negative influence on the share price. JPMorgan Adjusts Price Target on Marathon Petroleum

About Marathon Petroleum

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.