Marathon Petroleum stock is trading -9.08% below its average target price of $166.26 after marking a 1.1% 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 $192.0 per share.
The stock has an average amount of shares sold short at 2.6%, and a short ratio of 2.91. The company's insiders own 0.26% 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 76.0% of Marathon Petroleum's shares being owned by this investor type.
Institutions Invested in Marathon Petroleum
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2024-12-31 | Vanguard Group Inc | 10% | 31,106,890 | $4,702,428,504 |
| 2024-12-31 | Blackrock Inc. | 8% | 24,752,416 | $3,741,822,681 |
| 2024-12-31 | State Street Corporation | 7% | 20,694,448 | $3,128,379,666 |
| 2024-12-31 | Wellington Management Group, LLP | 3% | 9,961,503 | $1,505,880,390 |
| 2024-12-31 | Geode Capital Management, LLC | 2% | 6,914,427 | $1,045,253,916 |
| 2024-12-31 | Morgan Stanley | 2% | 6,853,053 | $1,035,976,009 |
| 2024-12-31 | Raymond James Financial, Inc. | 2% | 5,684,017 | $859,252,839 |
| 2024-12-31 | Bank Of New York Mellon Corporation | 2% | 4,803,951 | $726,213,263 |
| 2024-12-31 | Ameriprise Financial, Inc. | 2% | 4,662,136 | $704,775,090 |
| 2024-12-31 | Dimensional Fund Advisors LP | 1% | 4,399,977 | $665,144,515 |
Besides an analyst consensus of some upside potential, other market factors point to there being mixed market sentiment on Marathon Petroleum.
