Soltis Investment Advisors LLC Makes New $799,000 Investment in Mplx Lp $MPLX

Soltis Investment Advisors LLC purchased a new position in Mplx Lp (NYSE:MPLX) during the 3rd quarter, Holdings Channel reports. The firm purchased 14,193 shares of the pipeline company’s stock, valued at approximately $799,000.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Energy Income Partners LLC bought a new position in shares of Mplx during the 2nd quarter worth about $303,072,000. Bank of New York Mellon Corp acquired a new position in shares of Mplx during the second quarter valued at about $1,094,000. Attessa Capital LLC bought a new stake in shares of Mplx in the second quarter valued at about $1,042,000. NEOS Investment Management LLC lifted its stake in shares of Mplx by 45.5% in the second quarter. NEOS Investment Management LLC now owns 486,025 shares of the pipeline company’s stock valued at $27,378,000 after buying an additional 152,041 shares during the period. Finally, Militia Capital Management LLC bought a new stake in shares of Mplx in the first quarter valued at about $3,824,000. 24.25% of the stock is currently owned by institutional investors and hedge funds.

Key Mplx News

Here are the key news stories impacting Mplx this week:

• Positive Sentiment: Distribution increased substantially: MPLX announced a 12.5% increase in its third-quarter 2026 distribution to $1.2111 per unit. The higher payout reinforces the stock’s income appeal and may be supporting investor demand. MPLX Announces 12.5% Increase in Q3 2026 Distribution
• Positive Sentiment: Board additions may strengthen governance: Micheal G. Dunn and Bruce L. Niemeyer were elected to the board of MPLX’s general partner, effective November 1. The company described the appointments as strengthening board leadership; the directors’ industry experience could modestly improve investor confidence. MPLX LP Announces Election of Two New Directors
• Neutral Sentiment: Market-relative strength: MPLX rose as the broader market declined, reaching $59.89 in the latest cited session. The move indicates favorable relative performance, although the reports provide limited evidence of a new operating catalyst beyond the distribution announcement. MPLX Rises As Market Takes a Dip
• Negative Sentiment: Cautious earnings outlook: US Capital Advisors trimmed its 2026 MPLX earnings-per-share forecast to $4.05 from $4.06, below the broader consensus estimate of $4.24. Its pessimistic view of third-quarter results and the lower forecast represent a modest potential headwind ahead of earnings. US Capital Advisors Has Pessimistic View of MPLX Q3 Earnings

Mplx Price Performance

Mplx stock opened at $60.25 on Friday. The business has a 50 day simple moving average of $58.38 and a 200 day simple moving average of $57.22. The company has a debt-to-equity ratio of 1.71, a current ratio of 0.89 and a quick ratio of 0.83. The company has a market capitalization of $61.09 billion, a PE ratio of 12.96, a price-to-earnings-growth ratio of 5.73 and a beta of 0.49. Mplx Lp has a one year low of $50.22 and a one year high of $60.95.

Mplx (NYSE:MPLX) last announced its quarterly earnings results on Tuesday, August 4th. The pipeline company reported $1.06 earnings per share for the quarter, meeting analysts’ consensus estimates of $1.06. Mplx had a return on equity of 32.83% and a net margin of 35.75%. The firm had revenue of $3.13 billion for the quarter, compared to analysts’ expectations of $3.14 billion. During the same period in the prior year, the business posted $1.03 earnings per share. The business’s revenue was up 10.3% compared to the same quarter last year. On average, sell-side analysts forecast that Mplx Lp will post 4.25 EPS for the current fiscal year.

Mplx Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Friday, November 13th. Stockholders of record on Friday, November 6th will be paid a $1.2111 dividend. The ex-dividend date is Friday, November 6th. This represents a $4.84 annualized dividend and a dividend yield of 8.0%. This is a boost from Mplx’s previous quarterly dividend of $1.0765. Mplx’s dividend payout ratio is presently 92.69%.

Analyst Ratings Changes

A number of equities research analysts recently weighed in on MPLX shares. Royal Bank Of Canada lifted their target price on Mplx from $60.00 to $64.00 and gave the stock an “outperform” rating in a research report on Friday, August 21st. Weiss Ratings raised Mplx from a “buy (a-)” rating to a “buy (a)” rating in a report on Friday. Stifel Nicolaus started coverage on Mplx in a research report on Thursday, September 10th. They issued a “hold” rating and a $65.00 price objective for the company. Barclays raised their price objective on Mplx from $59.00 to $63.00 and gave the stock an “overweight” rating in a research report on Thursday, August 6th. Finally, Wolfe Research lowered Mplx from an “outperform” rating to a “peer perform” rating in a report on Wednesday, July 29th. One analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating and seven have assigned a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average target price of $63.80.

About Mplx

MPLX LP (NYSE:MPLX) is a master limited partnership that owns and operates midstream energy infrastructure in the United States. The company provides services for the gathering, processing, transportation, storage and marketing of crude oil, natural gas and natural gas liquids (NGLs).

MPLX’s assets include crude oil and refined-products pipelines, natural gas gathering and processing systems, NGL fractionation facilities, storage terminals and marine transportation infrastructure. Through its logistics and storage operations, the company supports the movement of hydrocarbons from producing regions to refineries, export facilities and other domestic markets.

The company serves several major U.S.