Northland Securities Inc. Purchases New Shares in Marathon Petroleum Corporation $MPC

13 Apr 2026, 06:26 by Amy Steele · The Cerbat Gem

Northland Securities Inc. purchased a new stake in Marathon Petroleum Corporation (NYSE:MPC – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund purchased 3,542 shares of the oil and gas company’s stock, valued at approximately $576,000.

A number of other institutional investors have also made changes to their positions in the business. Delos Wealth Advisors LLC acquired a new position in shares of Marathon Petroleum during the 2nd quarter worth about $25,000. WFA of San Diego LLC acquired a new position in shares of Marathon Petroleum during the 2nd quarter worth about $33,000. Rialto Wealth Management LLC grew its position in shares of Marathon Petroleum by 721.4% during the 4th quarter. Rialto Wealth Management LLC now owns 230 shares of the oil and gas company’s stock worth $37,000 after buying an additional 202 shares during the period. Lodestone Wealth Management LLC acquired a new position in shares of Marathon Petroleum during the 4th quarter worth about $38,000. Finally, IAG Wealth Partners LLC acquired a new position in shares of Marathon Petroleum during the 3rd quarter worth about $39,000. 76.77% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on MPC. Citigroup lifted their price objective on Marathon Petroleum from $210.00 to $243.00 and gave the company a “neutral” rating in a report on Friday. Barclays lifted their price objective on Marathon Petroleum from $194.00 to $230.00 and gave the company an “overweight” rating in a report on Friday. Wells Fargo & Company lifted their price objective on Marathon Petroleum from $213.00 to $217.00 and gave the company an “overweight” rating in a report on Wednesday, February 4th. Zacks Research upgraded Marathon Petroleum from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 7th. Finally, Raymond James Financial lifted their price objective on Marathon Petroleum from $210.00 to $270.00 and gave the company an “outperform” rating in a report on Wednesday, March 25th. Two research analysts have rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eight have issued a Hold rating to the company. According to MarketBeat, Marathon Petroleum currently has an average rating of “Moderate Buy” and an average price target of $232.88.

View Our Latest Stock Report on Marathon Petroleum

Insider Buying and Selling

In other Marathon Petroleum news, insider Ricky D. Hessling sold 1,810 shares of the company’s stock in a transaction on Wednesday, March 11th. The stock was sold at an average price of $224.78, for a total value of $406,851.80. Following the transaction, the insider directly owned 10,188 shares of the company’s stock, valued at $2,290,058.64. This represents a 15.09% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last quarter, insiders sold 4,473 shares of company stock valued at $1,015,428. Corporate insiders own 0.17% of the company’s stock.

Marathon Petroleum Trading Up 0.1%

NYSE MPC opened at $222.85 on Monday. The stock has a market capitalization of $65.63 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 0.44 and a beta of 0.58. The stock’s 50 day moving average price is $218.24 and its two-hundred day moving average price is $196.11. 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 52 week low of $117.74 and a 52 week high of $255.77.

Marathon Petroleum (NYSE:MPC – Get Free Report) last released its earnings results on Tuesday, February 3rd. The oil and gas company reported $4.07 EPS for the quarter, beating the consensus estimate of $3.73 by $0.34. Marathon Petroleum had a return on equity of 13.90% and a net margin of 2.99%.The firm had revenue of $32.57 billion for the quarter, compared to analysts’ expectations of $30.89 billion. During the same quarter in the previous year, the business posted $0.77 EPS. The business’s quarterly revenue was down .1% compared to the same quarter last year. As a group, analysts anticipate that Marathon Petroleum Corporation will post 8.47 earnings per share for the current fiscal year.

Marathon Petroleum Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Wednesday, February 18th were issued a $1.00 dividend. This represents a $4.00 dividend on an annualized basis and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 18th. Marathon Petroleum’s dividend payout ratio is currently 29.96%.

Marathon Petroleum News Summary

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

Positive Sentiment: Goldman Sachs raised its price target to $264 and maintained a Buy — the largest, most bullish lift this week and a clear catalyst for upside re-rating. Article Title
Positive Sentiment: Barclays moved its target to $230 and kept an Overweight — another institutional vote that supports further multiple expansion. Article Title
Positive Sentiment: Zacks upgraded MPC from Hold to Strong-Buy, adding short-term positive sentiment from retail-focused research. Article Title
Positive Sentiment: Coverage piece notes upgraded earnings views, stronger refiner margins with higher oil, and an active buyback program — a fundamental case supporting a higher forward valuation. Article Title
Neutral Sentiment: Citigroup raised its target to $243 but kept a Neutral rating — signals upside but tempered conviction. Article Title
Neutral Sentiment: JPMorgan and Piper Sandler both lifted targets (to $235 and $228 respectively) while keeping Neutral ratings — modestly constructive but not strong buy-side conviction. JPMorgan Article Piper Article
Negative Sentiment: Despite the bullish analyst activity, MPC experienced a sharp intraday drop on April 8 (roughly a 5.5% decline) — a reminder of near-term volatility and possible profit-taking after the recent run-up. Article Title

Marathon Petroleum Profile

(Free Report)

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.