Marathon Petroleum Corporation (MPC) has been drawing
significant investment attention recently, with multiple holdings and investment corporations, like
Essential Planning LLC., Postrock Partners LLC, and Amundi, among others, increasing their stake in MPC. The company has seen a $2.48 million investment from Essential Planning LLC, and acquisitions ranging from 2,565 to 428,708 shares by various groups.
Barclays predicts a strong price appreciation for MPC, adjusting its price target to $161 from $159 and maintaining an overweight rating. Similarly,
Piper Sandler put a new price target of $156.00. Nonetheless, MPC's recent 8.4% pullback raises concerns, causing a mixed view amongst institutional owners. Despite a decrease in stock holdings by some, MPC remains a favorite among billion oil and gas stocks. MPC's Q4 profit beat estimates, showing stronger financial performance, and plans to hold investor calls for Q1 2025 financial results.In recent news, Ricky D Hessling, an insider, acquired $269K in Marathon Petroleum stock. Marathon Petroleum also announced the election of a new director, approved a $0.91 Quarterly dividend, and secured a massive $2B debt deal, reshaping their financial future.
Marathon Petroleum Corporation MPC News Analytics from Fri, 30 Aug 2024 07:00:00 GMT to Sat, 15 Mar 2025 20:56:57 GMT -
Rating 5
- Innovation 7
- Information 8
- Rumor -3
