North Dakota State Investment Board Purchases New Position in Marathon Petroleum Corporation $MPC

Marathon Petroleum (MPC) has outperformed other oil refiner stocks, including Phillips 66 (PSX), which rose 64% over 52 weeks and 43% year-to-date, according to the article. The stock has a “Moderate Buy” consensus rating from 18 analysts, with a mean price target of $269.06, implying a slight premium versus current levels.

Meiji Yasuda Asset Management Co Ltd. significantly increased its stake in Marathon Petroleum (NYSE:MPC) in the fourth quarter, purchasing an additional 14,715 shares, which elevated its total holding to 17,759 shares valued at approximately $2.89 million. Marathon Petroleum's recent earnings surpassed expectations, reporting $1.65 EPS against a $0.74 estimate and revenue of $34.2 billion, an 8.5% year-over-year increase. The company maintains a "Moderate Buy" consensus rating from analysts, with a target price of $259.44, and recently declared a quarterly dividend of $1.00 per share.

Leonteq Securities AG has initiated a new position in Marathon Petroleum Corporation (NYSE:MPC) by purchasing 5,573 shares valued at approximately $906,000. Other institutional investors have also adjusted their holdings in the company, with institutional ownership now standing at 76.77%. Marathon Petroleum recently reported strong quarterly results, surpassing revenue and earnings expectations, and declared a quarterly dividend of $1.00 per share.

Resona Asset Management Co. Ltd. reduced its stake in Marathon Petroleum Corporation (NYSE:MPC) by 5.9% in the fourth quarter, holding shares valued at $15.17 million. Despite this, other institutional investors increased their holdings, and insiders have sold some shares. The company recently announced a quarterly dividend and analysts have given it a "Moderate Buy" rating with an average price target of $259.44.

Mission Wealth Management LP reduced its stake in Marathon Petroleum Corporation by 45.2% during the fourth quarter of 2025, selling 4,005 shares and retaining 4,856 shares valued at approximately $790,000. Despite this reduction from one hedge fund, other institutional investors have recently increased their positions in MPC, which holds a "Moderate Buy" consensus rating from analysts. The oil and gas company reported strong quarterly earnings, beating analyst estimates, and announced a quarterly dividend.

Marathon Petroleum (NYSE:MPC) has received an average "Moderate Buy" recommendation from nineteen brokerages, with a consensus 12-month price target of $259.44. The company surpassed Q1 earnings expectations and boosted its stock buyback program, signaling strong financial health and a commitment to shareholder returns. Marathon Petroleum also declared a quarterly dividend of $1.00 per share, payable on June 10th.