Marathon Petroleum stock is trading -21.32% below its average target price of $169.53 after marking a 1.3% during today's afternoon session. Analysts are giving the Large-Cap Oil & Gas Integrated company an average rating of buy and target prices ranging from $141.0 to $195.0 per share.
The stock has an average amount of shares sold short at 2.5%, and a short ratio of 3.7. The company's insiders own 0.25% of its outstanding shares, which indicates a strong alignment between management and shareholder interests. Finally, we also note that an average number of institutional investors are invested in the stock, with 75.3% of Marathon Petroleum's shares being owned by this investor type.
Institutions Invested in Marathon Petroleum
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-09-30 | Vanguard Group Inc | 10% | 32,136,742 | $4,286,398,804 |
| 2024-09-30 | Blackrock Inc. | 8% | 25,366,264 | $3,383,352,416 |
| 2024-09-30 | State Street Corporation | 7% | 22,443,724 | $2,993,544,016 |
| 2024-09-30 | Geode Capital Management, LLC | 2% | 7,038,192 | $938,754,083 |
| 2024-09-30 | Morgan Stanley | 2% | 6,901,155 | $920,476,087 |
| 2024-09-30 | FMR, LLC | 2% | 5,671,053 | $756,405,076 |
| 2024-09-30 | Wellington Management Group, LLP | 2% | 5,593,729 | $746,091,601 |
| 2024-09-30 | Ameriprise Financial, Inc. | 1% | 4,779,762 | $637,524,678 |
| 2024-09-30 | Bank Of New York Mellon Corporation | 1% | 4,488,165 | $598,631,469 |
| 2024-09-30 | Dimensional Fund Advisors LP | 1% | 3,947,934 | $526,575,456 |
Besides an analyst consensus of strong upside potential, other market factors point to there being mixed market sentiment on Marathon Petroleum.
