Marathon Petroleum (NYSE:MPC) Stock Unloaded Rep. Dan Newhouse
by Michael Walen · The Markets DailyRepresentative Dan Newhouse (Republican-Washington) recently sold shares of Marathon Petroleum Corporation (NYSE:MPC). In a filing disclosed on July 17th, the Representative disclosed that they had sold between $1,001 and $15,000 in Marathon Petroleum stock on July 10th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.
Representative Dan Newhouse also recently made the following trade(s):
- Sold $1,001 – $15,000 in shares of UnitedHealth Group (NYSE:UNH) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Deere & Company (NYSE:DE) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Arista Networks (NYSE:ANET) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Duke Energy (NYSE:DUK) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Amcor (NYSE:AMCR) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Fortinet (NASDAQ:FTNT) on 7/10/2026.
- Sold $1,001 – $15,000 in shares of Magna International (NYSE:MGA) on 7/10/2026.
- Purchased $1,001 – $15,000 in shares of Accenture (NYSE:ACN) on 7/10/2026.
Marathon Petroleum Stock Up 1.2%
Shares of NYSE:MPC opened at $316.29 on Tuesday. Marathon Petroleum Corporation has a 52-week low of $158.00 and a 52-week high of $319.36. The stock has a market cap of $92.34 billion, a P/E ratio of 20.65, a PEG ratio of 0.42 and a beta of 0.52. The business has a fifty day moving average of $263.62 and a two-hundred day moving average of $228.86. The company has a quick ratio of 0.73, a current ratio of 1.18 and a debt-to-equity ratio of 1.31.
Marathon Petroleum (NYSE:MPC – Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The oil and gas company reported $1.65 earnings per share for the quarter, beating the consensus estimate of $0.74 by $0.91. Marathon Petroleum had a net margin of 3.36% and a return on equity of 16.22%. The firm had revenue of $34.20 billion for the quarter, compared to analysts’ expectations of $33.42 billion. During the same quarter in the previous year, the company posted ($0.24) EPS. The company’s revenue was up 8.5% compared to the same quarter last year. On average, research analysts expect that Marathon Petroleum Corporation will post 35.82 earnings per share for the current year.
Marathon Petroleum Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Wednesday, May 20th were paid a dividend of $1.00 per share. The ex-dividend date of this dividend was Wednesday, May 20th. This represents a $4.00 dividend on an annualized basis and a yield of 1.3%. Marathon Petroleum’s payout ratio is 26.11%.
Analysts Set New Price Targets
MPC has been the subject of several analyst reports. Wall Street Zen upgraded Marathon Petroleum from a “buy” rating to a “strong-buy” rating in a research report on Sunday, May 10th. Weiss Ratings upgraded Marathon Petroleum from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, July 6th. The Goldman Sachs Group boosted their price objective on shares of Marathon Petroleum from $264.00 to $291.00 and gave the company a “buy” rating in a report on Thursday, May 7th. JPMorgan Chase & Co. upped their target price on shares of Marathon Petroleum from $235.00 to $257.00 in a research report on Wednesday, May 6th. Finally, TD Cowen lowered their target price on shares of Marathon Petroleum from $320.00 to $315.00 and set a “buy” rating for the company in a research note on Monday, June 29th. Ten research analysts have rated the stock with a Buy rating and eight have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Marathon Petroleum presently has a consensus rating of “Moderate Buy” and a consensus price target of $283.56.
View Our Latest Analysis on Marathon Petroleum
Hedge Funds Weigh In On Marathon Petroleum
Hedge funds and other institutional investors have recently made changes to their positions in the stock. State Street Corp raised its stake in Marathon Petroleum by 0.3% in the fourth quarter. State Street Corp now owns 17,934,327 shares of the oil and gas company’s stock valued at $2,916,660,000 after buying an additional 47,896 shares in the last quarter. Boston Partners boosted its holdings in Marathon Petroleum by 2.3% in the third quarter. Boston Partners now owns 6,305,428 shares of the oil and gas company’s stock valued at $1,214,522,000 after purchasing an additional 141,691 shares in the last quarter. Norges Bank purchased a new position in Marathon Petroleum in the fourth quarter valued at approximately $472,312,000. Charles Schwab Investment Management Inc. lifted its position in shares of Marathon Petroleum by 0.4% during the 4th quarter. Charles Schwab Investment Management Inc. now owns 2,818,361 shares of the oil and gas company’s stock worth $458,350,000 after buying an additional 11,693 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in shares of Marathon Petroleum by 2.7% in the 4th quarter. Invesco Ltd. now owns 2,600,191 shares of the oil and gas company’s stock valued at $422,869,000 after buying an additional 67,600 shares in the last quarter. Hedge funds and other institutional investors own 76.77% of the company’s stock.
Insider Buying and Selling
In related news, VP Michael A. Henschen II sold 6,336 shares of Marathon Petroleum stock in a transaction on 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 sale, the vice president directly owned 16,900 shares in the company, valued at $4,543,058. This trade represents a 27.27% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.17% of the stock is owned by corporate insiders.
About Representative Newhouse
Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.
Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.
Click here to see Newhouse’s key votes in Congress.
Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.
Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.
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.
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