Goldman Sachs Group Inc. Has $665.08 Million Stock Holdings in Mplx Lp $MPLX

Goldman Sachs Group Inc. lessened its holdings in shares of Mplx Lp (NYSE:MPLX) by 4.8% in the 4th quarter, Holdings Channel.com reports. The firm owned 12,461,655 shares of the pipeline company’s stock after selling 634,574 shares during the quarter. Goldman Sachs Group Inc.’s holdings in Mplx were worth $665,079,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Solstein Capital LLC bought a new stake in shares of Mplx in the third quarter valued at approximately $25,000. EQ Wealth Advisors LLC bought a new stake in shares of Mplx in the fourth quarter valued at approximately $32,000. Wiser Advisor Group LLC bought a new stake in shares of Mplx in the third quarter valued at approximately $38,000. Groesbeck Investment Management Corp NJ bought a new stake in shares of Mplx in the fourth quarter valued at approximately $49,000. Finally, WFA of San Diego LLC bought a new stake in shares of Mplx in the second quarter valued at approximately $52,000. 24.25% of the stock is currently owned by institutional investors and hedge funds.

Mplx News Summary

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: US Capital Advisors raised several of its earnings estimates for MPLX, including Q2 2026 EPS to $1.01, Q4 2026 EPS to $1.04, Q3 2027 EPS to $1.10, and Q4 2027 EPS to $1.09, which could support investor confidence in the partnership’s earnings outlook.
• Neutral Sentiment: The broader energy-infrastructure backdrop remains constructive, with rising natural gas demand tied to LNG exports and power needs, which may support midstream volume growth over time.
• Negative Sentiment: US Capital Advisors trimmed some longer-term estimates, including FY2026 EPS to $3.97, FY2027 EPS to $4.26, and FY2028 EPS to $4.52, signaling that the upside remains modest and not all forecasts moved higher.

Mplx Stock Performance

Shares of NYSE MPLX opened at $55.30 on Thursday. The business has a fifty day simple moving average of $55.84 and a 200 day simple moving average of $55.68. The company has a current ratio of 1.10, a quick ratio of 1.05 and a debt-to-equity ratio of 1.71. The firm has a market capitalization of $56.11 billion, a price-to-earnings ratio of 11.97, a PEG ratio of 5.34 and a beta of 0.48. Mplx Lp has a one year low of $47.80 and a one year high of $59.98.

Mplx (NYSE:MPLX) last issued its earnings results on Tuesday, May 5th. The pipeline company reported $0.90 EPS for the quarter, missing analysts’ consensus estimates of $1.05 by ($0.15). The firm had revenue of $2.86 billion during the quarter, compared to analyst estimates of $3.09 billion. Mplx had a net margin of 36.38% and a return on equity of 32.74%. The business’s revenue for the quarter was down 2.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.10 earnings per share. Sell-side analysts expect that Mplx Lp will post 4.22 EPS for the current year.

Mplx Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Friday, May 15th. Investors of record on Friday, May 8th were paid a $1.0765 dividend. This represents a $4.31 dividend on an annualized basis and a dividend yield of 7.8%. The ex-dividend date was Friday, May 8th. Mplx’s dividend payout ratio is presently 93.29%.

Wall Street Analyst Weigh In

A number of analysts have weighed in on the stock. Wells Fargo & Company reduced their price target on shares of Mplx from $63.00 to $61.00 and set an “overweight” rating for the company in a report on Thursday, May 7th. Citigroup increased their price target on shares of Mplx from $54.00 to $55.00 and gave the company a “neutral” rating in a report on Tuesday, February 10th. Barclays increased their price target on shares of Mplx from $58.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday, May 14th. Truist Financial reduced their price target on shares of Mplx from $67.00 to $66.00 and set a “buy” rating for the company in a report on Tuesday, April 7th. Finally, Morgan Stanley reduced their price target on shares of Mplx from $62.00 to $60.00 and set an “equal weight” rating for the company in a report on Wednesday, May 20th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $61.60.

Mplx Company Profile

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.