Geneva Partners LLC Purchases Shares of 22,218 Marathon Petroleum Corporation $MPC

08 Jul 2026, 04:11 by Jessica Moore · The Cerbat Gem

Geneva Partners LLC acquired a new position in shares of Marathon Petroleum Corporation (NYSE:MPC – Free Report) during the 1st quarter, Holdings Channel.com reports. The fund acquired 22,218 shares of the oil and gas company’s stock, valued at approximately $5,425,000. Marathon Petroleum makes up about 2.6% of Geneva Partners LLC’s holdings, making the stock its 16th biggest position.

A number of other institutional investors also recently modified their holdings of MPC. Brighton Jones LLC grew its position in Marathon Petroleum by 30.9% during the 4th quarter. Brighton Jones LLC now owns 4,988 shares of the oil and gas company’s stock worth $696,000 after acquiring an additional 1,178 shares during the last quarter. Woodline Partners LP raised its position in Marathon Petroleum by 38.3% in the 1st quarter. Woodline Partners LP now owns 26,697 shares of the oil and gas company’s stock valued at $3,889,000 after purchasing an additional 7,396 shares during the last quarter. Sivia Capital Partners LLC boosted its stake in Marathon Petroleum by 26.6% in the second quarter. Sivia Capital Partners LLC now owns 2,221 shares of the oil and gas company’s stock worth $369,000 after purchasing an additional 466 shares in the last quarter. Marshall Wace LLP bought a new stake in shares of Marathon Petroleum during the second quarter worth $8,505,000. Finally, AXA S.A. increased its stake in shares of Marathon Petroleum by 46.7% in the second quarter. AXA S.A. now owns 39,675 shares of the oil and gas company’s stock valued at $6,590,000 after buying an additional 12,639 shares in the last quarter. Institutional investors own 76.77% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on MPC. Piper Sandler upped their price target on shares of Marathon Petroleum from $197.00 to $228.00 and gave the stock a “neutral” rating in a research report on Thursday, April 9th. Wells Fargo & Company reaffirmed an “overweight” rating and issued a $344.00 target price on shares of Marathon Petroleum in a research note on Monday, June 15th. TD Cowen decreased their price target on shares of Marathon Petroleum from $320.00 to $315.00 and set a “buy” rating on the stock in a research note on Monday, June 29th. Citigroup raised their price target on shares of Marathon Petroleum from $243.00 to $257.00 and gave the company a “neutral” rating in a report on Wednesday, May 6th. Finally, Wall Street Zen raised Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a report on Sunday, May 10th. Ten investment analysts have rated the stock with a Buy rating and nine have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average target price of $272.62.

Check Out Our Latest Analysis on Marathon Petroleum

Marathon Petroleum Trading Down 1.0%

Shares of NYSE MPC opened at $266.29 on Wednesday. Marathon Petroleum Corporation has a fifty-two week low of $158.00 and a fifty-two week high of $272.46. The firm has a market capitalization of $77.74 billion, a P/E ratio of 17.38, a P/E/G ratio of 0.39 and a beta of 0.52. The company has a debt-to-equity ratio of 1.31, a current ratio of 1.18 and a quick ratio of 0.73. The company’s 50 day simple moving average is $253.90 and its 200 day simple moving average is $220.46.

Marathon Petroleum (NYSE:MPC – Get Free Report) last issued its earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 EPS for the quarter, beating the consensus estimate of $0.74 by $0.91. The company had revenue of $34.20 billion during the quarter, compared to analysts’ expectations of $33.42 billion. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The business’s revenue for the quarter was up 8.5% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($0.24) EPS. On average, analysts predict that Marathon Petroleum Corporation will post 32.96 EPS for the current year.

Marathon Petroleum Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a $1.00 dividend. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $4.00 annualized dividend and a yield of 1.5%. Marathon Petroleum’s dividend payout ratio is presently 26.11%.

Insider Transactions at Marathon Petroleum

In other Marathon Petroleum news, VP Michael A. Henschen II sold 6,336 shares of the firm’s stock in a transaction dated Thursday, June 4th. The stock was sold at an average price of $268.82, for a total transaction of $1,703,243.52. Following the transaction, the vice president owned 16,900 shares in the company, valued at approximately $4,543,058. This trade represents a 27.27% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Company insiders own 0.17% of the company’s stock.

About Marathon Petroleum

(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.