Representative David Taylor (Republican-Ohio) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on March 20th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on March 11th. The trade occurred in the Representative’s “DAVID TAYLOR TRUST > SARDINIA READY MIX 401(K) – DAVE” account.
Representative David Taylor also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Lam Research (NASDAQ:LRCX) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Installed Building Products (NYSE:IBP) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Parker-Hannifin (NYSE:PH) on 3/12/2026.
- Purchased $1,001 – $15,000 in shares of Fifth Third Bancorp (NASDAQ:FITB) on 3/11/2026.
- Sold $1,001 – $15,000 in shares of Chevron (NYSE:CVX) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of RPM International (NYSE:RPM) on 3/11/2026.
- Purchased $1,001 – $15,000 in shares of Visa (NYSE:V) on 2/26/2026.
Marathon Petroleum Stock Performance
Shares of MPC stock traded down $2.26 on Wednesday, reaching $241.65. The stock had a trading volume of 1,020,172 shares, compared to its average volume of 2,625,601. The company has a debt-to-equity ratio of 1.27, a quick ratio of 0.74 and a current ratio of 1.26. Marathon Petroleum Corporation has a 1 year low of $115.10 and a 1 year high of $247.14. The stock has a market cap of $71.17 billion, a P/E ratio of 18.07, a price-to-earnings-growth ratio of 1.39 and a beta of 0.69. The company has a 50 day simple moving average of $201.51 and a 200 day simple moving average of $191.04.
Marathon Petroleum Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were paid a dividend of $1.00 per share. The ex-dividend date was Wednesday, February 18th. This represents a $4.00 dividend on an annualized basis and a yield of 1.7%. Marathon Petroleum’s payout ratio is currently 29.96%.
Analyst Upgrades and Downgrades
Several brokerages recently issued reports on MPC. Weiss Ratings lowered shares of Marathon Petroleum from a “buy (b-)” rating to a “hold (c+)” rating in a research report on Thursday, March 19th. Raymond James Financial boosted their price objective on shares of Marathon Petroleum from $210.00 to $270.00 and gave the company an “outperform” rating in a research report on Wednesday. UBS Group reaffirmed a “buy” rating and issued a $221.00 target price on shares of Marathon Petroleum in a report on Friday, February 6th. BMO Capital Markets upped their price target on Marathon Petroleum from $225.00 to $230.00 and gave the stock an “outperform” rating in a research report on Tuesday, March 3rd. Finally, Zacks Research cut Marathon Petroleum from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, January 20th. Ten investment analysts have rated the stock with a Buy rating and nine have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $209.19.
Get Our Latest Analysis on Marathon Petroleum
Institutional Investors Weigh In On Marathon Petroleum
A number of institutional investors have recently added to or reduced their stakes in the stock. Norges Bank bought a new position in shares of Marathon Petroleum during the second quarter worth $527,197,000. Capital Wealth Planning LLC grew its position in shares of Marathon Petroleum by 49,392.0% during the fourth quarter. Capital Wealth Planning LLC now owns 1,498,124 shares of the oil and gas company’s stock valued at $245,157,000 after purchasing an additional 1,495,097 shares in the last quarter. Pacer Advisors Inc. lifted its position in shares of Marathon Petroleum by 3,816.8% in the fourth quarter. Pacer Advisors Inc. now owns 1,306,749 shares of the oil and gas company’s stock worth $212,517,000 after buying an additional 1,273,386 shares in the last quarter. Boston Partners boosted its stake in Marathon Petroleum by 13.1% during the second quarter. Boston Partners now owns 6,163,737 shares of the oil and gas company’s stock valued at $1,024,395,000 after buying an additional 715,223 shares during the last quarter. Finally, Balyasny Asset Management L.P. grew its holdings in Marathon Petroleum by 27,979.8% during the 2nd quarter. Balyasny Asset Management L.P. now owns 659,595 shares of the oil and gas company’s stock valued at $109,565,000 after buying an additional 657,246 shares in the last quarter. 76.77% of the stock is owned by hedge funds and other institutional investors.
Insider Activity at Marathon Petroleum
In related news, insider Ricky D. Hessling sold 1,810 shares of the firm’s stock in a transaction on Wednesday, March 11th. The shares were sold at an average price of $224.78, for a total value of $406,851.80. Following the completion of the transaction, the insider directly owned 10,188 shares of the company’s stock, valued at approximately $2,290,058.64. This trade represents a 15.09% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 4,473 shares of company stock worth $1,015,428. 0.17% of the stock is currently owned by corporate insiders.
Marathon Petroleum News Roundup
Here are the key news stories impacting Marathon Petroleum this week:
- Positive Sentiment: Raymond James raised its price target to $270 and moved to an “outperform” rating, citing upside from current levels — a clear analyst catalyst supporting the rally. Benzinga
- Positive Sentiment: Coverage explaining Raymond James’ view: the firm highlights strong refining execution, margin leverage as gasoline/diesel cracks widen, and continued cash-return capacity as reasons MPC could reach $270. 24/7 Wall St. – Why Raymond James Sees Marathon Petroleum Reaching $270
- Positive Sentiment: Market commentary points to improving refining margins and a stronger cash-return story (high utilization, margin capture, and large shareholder payouts) as underpinning recent gains. Quiver Quantitative
- Positive Sentiment: Geopolitical risk (U.S.-Israel-Iran tensions) has lifted crude and product volatility, supporting refiners like MPC and helping push the stock to fresh highs earlier in the week. Benzinga – Breaking Out
- Neutral Sentiment: Marathon set its Q1 earnings date for May 5 — a routine calendar item that will be a next major fundamental catalyst for revising expectations. PR Newswire
- Neutral Sentiment: Company announced its 2026 annual meeting with a proposed amendment to the Certificate of Incorporation — investors should watch the governance details, which could affect shareholder rights or board procedures. Yahoo Finance
- Neutral Sentiment: Several retail/idea pieces reiterate bullish theses (value, payout, margin leverage), reinforcing positive sentiment but not new fundamental data. Yahoo/MSN Coverage
- Negative Sentiment: Data shows insider selling and large institutional reductions in recent filings — these flows can add selling pressure after a sharp run-up and may contribute to today’s pullback. Quiver Quantitative – Insider & Institutional Activity
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.
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.
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