Rep. David J. Taylor (R-OH) Sells Marathon Petroleum (MPC) Stock

Rep. David J. Taylor sold shares of Marathon Petroleum Corporation (NYSE: MPC) on September 22, 2026. The sale was valued between $1,001 and $15,000, reflecting the ongoing activity of members of Congress in the stock market. The transaction was reported on October 1, 2026.

Taylor's sale comes amid a backdrop of analysts maintaining a positive view on Marathon Petroleum. The stock closed at $474.01 on the day of his sale. It has shown strong performance, especially as other analysts have recently adjusted their price targets for the company, with Goldman Sachs raising its target to $472.

Other Institutional Activity in Marathon Petroleum

BlackRock Inc. increased its stake in Marathon Petroleum by 1,610,129 shares, bringing its total to about 26 million shares worth around $12.5 billion. In contrast, Vanguard Capital Management LLC trimmed its holdings by 95,851 shares, ending with approximately 19 million shares valued at about $9.1 billion. Similarly, State Street Corporation reduced its position by 553,643 shares, holding about 18.5 million shares now worth about $8.8 billion.

Marathon Petroleum Corporation Stock Up 11.6%

Marathon Petroleum shares are currently trading at $474.01, showing a solid position above its 50-day moving average of $349.43. This performance indicates strength in the market, especially with a recent 52-week high of $431.08. The company's strong fundamentals, coupled with recent analyst ratings, suggest a favorable outlook.

Recent Earnings

In its last earnings report, Marathon Petroleum recorded revenues of approximately $154.1 billion, representing a growth of 53.7% year-over-year. The company reported earnings per share (EPS) of $28.85, with a net margin of 5.5%. The next earnings report is scheduled for November 3, 2026.

Dividend

Marathon Petroleum pays an annual dividend of $4.00 per share, yielding about 0.99%. The payout ratio is approximately 13.6%, indicating a sustainable dividend policy.

Insider Buying and Selling at Marathon Petroleum Corporation

Recent insider activity at Marathon Petroleum includes sell transactions from several executives. Shawn M. Lyon sold 1,425 shares, valued at about $532,367, on August 31, 2026. Erin M. Brzezinski sold 570 shares at an average price of $362.79, totaling about $206,790 on August 27, 2026. Molly R. Benson sold 17,196 shares at an average price of $358.57, valued at about $6.2 million, on August 17, 2026.

Analysts Set New Price Targets

On October 14, 2026, Wells Fargo maintained an "Overweight" rating for Marathon Petroleum with a price target of $560. Citigroup also kept its stance, rating the stock as "Neutral" with a target of $518. Barclays maintained an "Overweight" rating, raising its target to $488 on October 12, 2026.

About Marathon Petroleum

Marathon Petroleum Corporation, based in Findlay, Ohio, operates as a major energy company in the United States. It focuses on refining, marketing, and distributing petroleum products. The recent activities and analyst updates suggest a stable future for the company as it navigates market challenges.

Bottom Line

As David J. Taylor steps back from his Marathon Petroleum holdings, investors will look for further developments in the company’s stock performance and upcoming earnings. Taylor's sale is part of a broader trend of congressional stock trades, and this 13F filing reflects past activity that may not represent current holdings. Investors will be watching for future analyst ratings and earnings reports as they gauge the stock’s trajectory.