Marathon Petroleum Corporation $MPC Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC lessened its stake in Marathon Petroleum Corporation (NYSE:MPC) by 7.2% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 270,083 shares of the oil and gas company’s stock after selling 20,851 shares during the quarter. Calamos Advisors LLC’s holdings in Marathon Petroleum were worth $106,796,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors also recently modified their holdings of the stock. Solstein Capital LLC bought a new stake in shares of Marathon Petroleum during the second quarter valued at approximately $26,000. Caitlin John LLC bought a new position in Marathon Petroleum in the 2nd quarter worth approximately $26,000. Bell Investment Advisors Inc bought a new position in Marathon Petroleum in the 2nd quarter worth approximately $27,000. Main Street Group LTD acquired a new position in Marathon Petroleum during the 1st quarter worth $35,000. Finally, Cetera Trust Company N.A acquired a new position in Marathon Petroleum during the 2nd quarter worth $35,000. 76.77% of the stock is owned by institutional investors.

Marathon Petroleum News Summary

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

• Positive Sentiment: A Zacks analysis said MPC could benefit from refinery outages, tight fuel inventories and cheaper heavy crude, which may support refining margins and further upside for the shares. Article: 3 Refining Stocks That Have Doubled in 2026: What’s Next?
• Positive Sentiment: Piper Sandler raised its price target from $462 to $466 and maintained an Overweight rating, signaling continued analyst confidence. Piper Sandler stock recommendations
• Neutral Sentiment: MPC’s $4.2 billion sale of its St. Paul Park and Mandan refineries and related marketing business is intended to fund a greater Gulf Coast focus, including investments to increase diesel output, crude throughput and premium gasoline exports. The shift could improve returns, though it also means selling operating assets. Article: Can MPC’s Gulf Coast Focus Fuel Stronger Future Refining Returns?
• Negative Sentiment: MarketWatch reported that MPC shares underperformed competitors Friday, pointing to relative weakness, although the report’s headline did not specify a cause. Article: Marathon Petroleum Corp. stock underperforms Friday when compared to competitors
• Negative Sentiment: ETFs were net sellers of MPC on Wednesday, selling about $20.1 million in shares despite more funds buying than selling. Article: ETFs Are Net Sellers of Marathon Petroleum (MPC) on Wednesday

Marathon Petroleum Trading Down 1.3%

Shares of NYSE:MPC traded down $4.84 during midday trading on Friday, hitting $372.48. The company had a trading volume of 2,478,500 shares, compared to its average volume of 2,065,560. The company has a current ratio of 1.25, a quick ratio of 0.89 and a debt-to-equity ratio of 1.19. Marathon Petroleum Corporation has a 12 month low of $161.93 and a 12 month high of $493.98. The firm has a fifty day simple moving average of $421.69 and a 200 day simple moving average of $295.35. The stock has a market cap of $108.74 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 0.11 and a beta of 0.53.

Marathon Petroleum (NYSE:MPC) last posted its earnings results on Tuesday, November 3rd. The oil and gas company reported $26.93 earnings per share (EPS) for the quarter, topping the consensus estimate of $25.37 by $1.56. The company had revenue of $56.03 billion during the quarter, compared to analyst estimates of $46.60 billion. Marathon Petroleum had a return on equity of 31.96% and a net margin of 5.48%. The company’s revenue for the quarter was up 57.6% compared to the same quarter last year. During the same period in the previous year, the company earned $3.01 EPS. On average, analysts predict that Marathon Petroleum Corporation will post 64.78 EPS for the current year.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Wednesday, November 18th will be paid a dividend of $1.00 per share. The ex-dividend date of this dividend is Wednesday, November 18th. This represents a $4.00 annualized dividend and a yield of 1.1%. Marathon Petroleum’s dividend payout ratio (DPR) is presently 13.75%.

Wall Street Analysts Forecast Growth

A number of brokerages have commented on MPC. UBS Group set a $510.00 price objective on Marathon Petroleum in a research report on Friday, October 9th. Evercore set a $330.00 price target on Marathon Petroleum in a research note on Wednesday, August 5th. Bank of America raised their price target on Marathon Petroleum from $410.00 to $426.00 and gave the company a “neutral” rating in a report on Friday, October 2nd. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $560.00 to $564.00 and gave the stock an “overweight” rating in a research report on Wednesday. Finally, Weiss Ratings raised Marathon Petroleum from a “buy (b)” rating to a “buy (b+)” rating in a report on Thursday, October 8th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus price target of $425.12.

Insider Activity at Marathon Petroleum

In other news, SVP Shawn M. Lyon sold 2,500 shares of the business’s stock in a transaction on Thursday, August 13th. The shares were sold at an average price of $350.00, for a total value of $875,000.00. Following the completion of the transaction, the senior vice president owned 12,619 shares of the company’s stock, valued at $4,416,650. The trade was a 16.54% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, VP Erin M. Brzezinski sold 570 shares of the company’s stock in a transaction on Thursday, August 27th. The shares were sold at an average price of $362.79, for a total transaction of $206,790.30. Following the completion of the sale, the vice president owned 1,576 shares of the company’s stock, valued at approximately $571,757.04. This represents a 26.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders sold 21,691 shares of company stock worth $7,780,127. 0.17% of the stock is currently owned by company insiders.

Marathon Petroleum Profile

Marathon Petroleum Corporation is an integrated downstream energy company focused on refining, marketing, and transporting petroleum products. Its refineries produce fuels and other products, including gasoline, diesel, jet fuel, asphalt, and petrochemical feedstocks.

The company sells transportation fuels and related products through a network of branded locations and other wholesale and commercial channels, primarily in the United States. Its midstream operations, conducted largely through its affiliated partnership MPLX, include gathering, processing, and transporting natural gas and natural gas liquids, as well as storing and transporting crude oil and refined products.

Marathon Petroleum was established as an independent company in 2011, when it was spun off from Marathon Oil Corporation.