TD Cowen Reiterates Buy Rating on Marathon Petroleum
TD Cowen maintained its buy rating on Marathon Petroleum, setting a $315 price target, a 23.21% upside from the current price.
Key Points
- TD Cowen reiterated its buy rating on Marathon Petroleum Corporation (NYSE:MPC) with a price target of $315 on June 29, 2026.
- TD Cowen's $315 price target implies 23.21% upside from Marathon Petroleum Corporation's ($MPC) current $255.67 share price.
- Shares of Marathon Petroleum traded at $254.06 on Monday, with a market cap of about $74.2 billion and a P/E ratio of 16.7.
- Insiders and major funds like BlackRock and Vanguard have been active in Marathon Petroleum, reflecting ongoing institutional interest.
Important disclosure: Podchat is not a registered investment adviser, broker-dealer, or financial planner. This article is for informational and educational purposes only and is not a recommendation to buy, sell, or hold any security. Content may be generated by automated systems using public filings, market data, and third-party sources, and may contain errors or omissions. Investing involves risk, including possible loss of principal. Past performance, insider activity, analyst ratings, price targets, sentiment scores, and hypothetical or backtested results are not guarantees of future performance. Please do your own research and consult a qualified professional before making investment decisions.
On June 29, 2026, TD Cowen reiterated its buy rating on Marathon Petroleum Corporation (NYSE:MPC), setting a price target of $315. The analyst behind the call, Jason Gabelman, continues to view the stock favorably. This latest rating comes as shares of Marathon Petroleum traded at $254.06 on Monday.
TD Cowen vs. the S&P 500
Hypothetical, simulated performance of disclosed positions vs. the S&P 500. Not realized profit and not investment advice. Past performance does not indicate future results. Details.
Marathon Petroleum Corporation Stock Down 30.7%
Shares of NYSE:MPC traded near $254.06 on Monday. Marathon Petroleum has a market capitalization of approximately $74.17 billion. The company boasts a P/E ratio of 16.7, with a forward P/E of 10.6, and a beta of 0.522. Over the past 52 weeks, the stock has ranged from a low of $158.00 to a high of $272.46. Its 50-day moving average is $247.78, while the 200-day moving average stands at $209.02. The company's current ratio is 1.18, with a quick ratio of 0.69 and a debt-to-equity ratio of 146.52.
$MPC price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
In its most recent earnings, Marathon Petroleum reported revenue of $135.95 billion, reflecting a growth rate of 8.8%. The company achieved an EPS of $15.19, with a net margin of 3.41% and a return on equity of 27.46%. Marathon Petroleum is expected to announce its next earnings on August 4, 2026.
Dividend
Marathon Petroleum offers an annual dividend rate of $3.91, yielding 1.54% based on its current stock price. The company's dividend payout ratio is 25.15%.
Insider Buying and Selling at Marathon Petroleum Corporation
Recent insider activity at Marathon Petroleum includes several transactions. On June 4, 2026, Michael Henschen, former Vice President of Refining, sold 6,336 shares at an average price of $268.83. On the same day, he bought 4,964 shares at $49.94. Earlier, on May 13, 2026, Chief Commercial Officer Ricky Hessling sold 1,000 shares at $250.00. Additionally, Evan Bayh and Jonathan Cohen each acquired 728 shares on April 30, 2026.
Analysts Set New Price Targets
On June 29, 2026, TD Cowen maintained its buy rating on Marathon Petroleum with a price target of $315. Earlier, on June 12, 2026, Morgan Stanley also maintained its buy rating, targeting a price of $265. Mizuho, on May 27, 2026, kept a hold rating with a $284 target. The consensus among analysts is a buy, with a mean target price of $271.59 based on 17 opinions.
About Marathon Petroleum Corporation
Marathon Petroleum Corporation is an integrated downstream energy company based in Findlay, Ohio. It operates in the oil and gas refining and marketing sector, with three main segments: Refining & Marketing, Midstream, and Renewable Diesel. The company refines crude oil and distributes refined products such as gasoline and diesel. It also processes renewable feedstocks into renewable diesel. Led by CEO Maryann T. Mannen, Marathon employs approximately 18,500 people.
Bottom Line
TD Cowen's reiterated buy rating on Marathon Petroleum underscores continued confidence in the company's prospects. With a solid market position and active institutional interest, Marathon remains a key player in the energy sector. Investors will keep an eye on its upcoming earnings announcement in August. As always, remember that 13F filings and analyst ratings reflect past actions and opinions, not current recommendations.
Get Marathon Petroleum Corporation alerts
New 13F filings, insider trades, and analyst moves on $MPC, sent to your inbox. Free, and you can unsubscribe anytime.
This instant news alert was generated by automated narrative technology and financial data from Podchat and public regulatory filings. It is for informational purposes only and is not financial advice.