Flputnam Investment Management Co. Increases Stake in Marathon Petroleum Corporation $MPC

Posted by Hanz Christensen on May 29th, 2026

Flputnam Investment Management Co. boosted its holdings in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) by 29.1% in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 10,224 shares of the oil and gas company’s stock after buying an additional 2,302 shares during the quarter. Flputnam Investment Management Co.’s holdings in Marathon Petroleum were worth $1,663,000 at the end of the most recent reporting period.

Other institutional investors also recently bought and sold shares of the company. Navalign LLC purchased a new position in Marathon Petroleum during the 4th quarter worth approximately $30,000. Kohmann Bosshard Financial Services LLC purchased a new position in Marathon Petroleum during the 4th quarter worth approximately $31,000. Berbice Capital Management LLC raised its position in Marathon Petroleum by 100.0% during the 4th quarter. Berbice Capital Management LLC now owns 200 shares of the oil and gas company’s stock worth $33,000 after buying an additional 100 shares during the last quarter. WFA of San Diego LLC purchased a new position in Marathon Petroleum during the 2nd quarter worth approximately $33,000. Finally, Ares Financial Consulting LLC purchased a new position in Marathon Petroleum during the 4th quarter worth approximately $34,000. 76.77% of the stock is owned by hedge funds and other institutional investors.

Marathon Petroleum News Summary

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

Positive Sentiment: Marathon Petroleum was upgraded to Zacks Rank #1 (Strong Buy), signaling stronger earnings outlook and possible near-term upside. What Makes Marathon Petroleum (MPC) a New Strong Buy Stock
Positive Sentiment: MPC was also included on Zacks’ Strong Buy momentum stocks list, reinforcing short-term bullish sentiment. Best Momentum Stock to Buy for May 28th
Positive Sentiment: The stock was added to Zacks’ Strong Buy value list, which may support investor interest from value-focused buyers. Best Value Stock to Buy for May 28th
Positive Sentiment: MPC was also named among Zacks’ Strong Buy growth stocks, adding another bullish screen-based signal. Best Growth Stocks to Buy for May 28th
Neutral Sentiment: Investors are also paying more attention to Marathon Petroleum, which can increase trading interest but is not a fundamental catalyst by itself. Here is What to Know Beyond Why Marathon Petroleum Corporation (MPC) is a Trending Stock
Negative Sentiment: One article noted that Marathon Petroleum insiders sold about $2.3 million of stock over the past year, which could make some investors more cautious. Marathon Petroleum Insiders Sell US$2.3m Of Stock, Possibly Signalling Caution

Insider Activity at Marathon Petroleum

In other news, insider Ricky D. Hessling sold 1,626 shares of the firm’s stock in a transaction that occurred on Friday, March 13th. The shares were sold at an average price of $228.18, for a total transaction of $371,020.68. Following the sale, the insider owned 7,525 shares of the company’s stock, valued at $1,717,054.50. This trade represents a 17.77% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Over the last 90 days, insiders have sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is owned by company insiders.

Analyst Upgrades and Downgrades

MPC has been the subject of a number of recent research reports. JPMorgan Chase & Co. raised their price target on shares of Marathon Petroleum from $235.00 to $257.00 in a research report on Wednesday, May 6th. Zacks Research raised shares of Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 7th. Morgan Stanley raised their price target on shares of Marathon Petroleum from $200.00 to $233.00 and gave the stock an “overweight” rating in a research report on Friday, April 24th. The Goldman Sachs Group raised their price target on shares of Marathon Petroleum from $264.00 to $291.00 and gave the stock a “buy” rating in a research report on Thursday, May 7th. Finally, Barclays raised their price target on shares of Marathon Petroleum from $230.00 to $270.00 and gave the stock an “overweight” rating in a research report on Wednesday, May 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and eight have issued a Hold rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $268.50.

View Our Latest Research Report on MPC

Marathon Petroleum Price Performance

Shares of NYSE MPC opened at $251.71 on Friday. The stock has a market capitalization of $73.48 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 0.40 and a beta of 0.53. Marathon Petroleum Corporation has a 12 month low of $155.93 and a 12 month high of $264.14. The firm’s 50 day simple moving average is $240.01 and its 200-day simple moving average is $207.41. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73.

Marathon Petroleum (NYSE:MPC – Get Free Report) last issued its quarterly earnings data on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, topping analysts’ consensus estimates of $0.74 by $0.91. The business had revenue of $34.20 billion for the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The business’s revenue was up 8.5% on a year-over-year basis. During the same quarter last year, the company earned ($0.24) EPS. Analysts expect that Marathon Petroleum Corporation will post 30.05 EPS for the current year.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Wednesday, May 20th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, May 20th. This represents a $4.00 dividend on an annualized basis and a dividend yield of 1.6%. Marathon Petroleum’s dividend payout ratio (DPR) is presently 26.11%.

Marathon Petroleum Company Profile

(Free Report)

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.