Rep. David Taylor Unloads Marathon Petroleum Corporation (NYSE:MPC) Shares

Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on August 06th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 24th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SCHWAB JOINT BROKERAGE #1 (HOME GROWN)” account.

Representative David Taylor also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of Microsoft (NASDAQ:MSFT) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 7/24/2026.
• Sold $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Broadcom (NASDAQ:AVGO) on 7/24/2026.
• Purchased $1,001 – $15,000 in shares of Alphabet (NASDAQ:GOOGL) on 7/17/2026.
• Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 6/15/2026.
• Purchased $1,001 – $15,000 in shares of Kroger (NYSE:KR) on 6/5/2026.
• Sold $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 6/5/2026.
• Purchased $1,001 – $15,000 in shares of Amgen (NASDAQ:AMGN) on 6/5/2026.

Marathon Petroleum Trading Down 0.6%

NYSE:MPC opened at $297.49 on Friday. The stock has a market cap of $86.85 billion, a PE ratio of 10.23, a price-to-earnings-growth ratio of 0.20 and a beta of 0.52. Marathon Petroleum Corporation has a fifty-two week low of $158.00 and a fifty-two week high of $326.92. The company has a debt-to-equity ratio of 1.19, a current ratio of 1.25 and a quick ratio of 0.73. The stock’s 50-day moving average is $279.39 and its two-hundred day moving average is $241.82.

Marathon Petroleum (NYSE:MPC) last posted its quarterly earnings results on Tuesday, August 4th. The oil and gas company reported $17.73 EPS for the quarter, topping the consensus estimate of $14.27 by $3.46. Marathon Petroleum had a net margin of 5.48% and a return on equity of 31.96%. The business had revenue of $51.99 billion during the quarter, compared to analysts’ expectations of $40.87 billion. During the same period last year, the company posted $3.96 earnings per share. The firm’s quarterly revenue was up 53.5% compared to the same quarter last year. As a group, equities research analysts forecast that Marathon Petroleum Corporation will post 44.54 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Wednesday, August 19th will be paid a dividend of $1.00 per share. This represents a $4.00 annualized dividend and a yield of 1.3%. The ex-dividend date of this dividend is Wednesday, August 19th. Marathon Petroleum’s payout ratio is 13.75%.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on MPC. Barclays increased their target price on shares of Marathon Petroleum from $289.00 to $321.00 and gave the stock an “overweight” rating in a research report on Thursday. The Goldman Sachs Group upped their price target on shares of Marathon Petroleum from $291.00 to $376.00 and gave the stock a “buy” rating in a research note on Wednesday, July 22nd. Evercore set a $330.00 price objective on Marathon Petroleum in a research report on Wednesday. TD Cowen boosted their target price on Marathon Petroleum from $357.00 to $375.00 and gave the company a “buy” rating in a research note on Wednesday. Finally, Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Twelve investment analysts have rated the stock with a Buy rating and six have given a Hold rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $311.25.

Insider Activity

In related news, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction dated Thursday, June 4th. The shares were sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the completion of the transaction, the vice president directly owned 16,900 shares of the company’s stock, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.17% of the stock is owned by company insiders.

Institutional Trading of Marathon Petroleum

Several hedge funds and other institutional investors have recently bought and sold shares of MPC. BlackRock Inc. acquired a new position in Marathon Petroleum during the second quarter worth $6,648,958,000. Bank of New York Mellon Corp bought a new position in shares of Marathon Petroleum during the second quarter valued at $1,029,611,000. Norges Bank acquired a new stake in shares of Marathon Petroleum in the 4th quarter valued at $472,312,000. Capital Wealth Planning LLC grew its holdings in shares of Marathon Petroleum by 49,392.0% in the 4th quarter. Capital Wealth Planning LLC now owns 1,498,124 shares of the oil and gas company’s stock worth $245,157,000 after purchasing an additional 1,495,097 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in shares of Marathon Petroleum by 3,816.8% in the 4th quarter. Pacer Advisors Inc. now owns 1,306,749 shares of the oil and gas company’s stock worth $212,517,000 after purchasing an additional 1,273,386 shares during the last quarter. 76.77% of the stock is currently owned by institutional investors and hedge funds.

About Representative Taylor

David Taylor (Republican Party) is a member of the U.S. House, representing Ohio’s 2nd Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Taylor (Republican Party) ran for election to the U.S. House to represent Ohio’s 2nd Congressional District. He won in the general election on November 5, 2024.

David Taylor graduated from Amelia High School. Taylor earned degrees from Miami University (Ohio) and the University of Dayton School of Law. Taylor’s career experience includes working as an attorney and as a businessman at Sardinia Ready Mix, Inc.

Marathon Petroleum Company Profile

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.