New Analyst Forecast: $MPC Given $161.0 Price Target

We just received data on a new analyst forecast for $MPC. An analyst from Barclays set a price target of 161.0 for MPC.

To track analyst ratings and price targets for $MPC, check out Quiver Quantitative's $MPC forecast page.

$MPC Price Targets

Multiple analysts have issued price targets for $MPC recently. We have seen 5 analysts offer price targets for $MPC in the last 6 months, with a median target of $170.0.

Here are some recent targets:

• An analyst from Barclays set a target price of $161.0 on 03/14/2025
• Joe Laetsch from Morgan Stanley set a target price of $174.0 on 12/19/2024
• Jean Ann Salisbury from Bank of America Securities set a target price of $174.0 on 10/17/2024
• Paul Cheng from Scotiabank set a target price of $170.0 on 10/10/2024
• Ryan Todd from Piper Sandler set a target price of $145.0 on 09/24/2024

$MPC Insider Trading Activity

$MPC insiders have traded $MPC stock on the open market 3 times in the past 6 months. Of those trades, 3 have been purchases and 0 have been sales.

Here’s a breakdown of recent trading of $MPC stock by insiders over the last 6 months:

• JEFFREY C CAMPBELL purchased 6,000 shares for an estimated $897,644
• RICKY D. HESSLING (Chief Commercial Officer) purchased 2,000 shares for an estimated $269,440
• EVAN BAYH purchased 1,000 shares for an estimated $133,700

To track insider transactions, check out Quiver Quantitative's insider trading dashboard.

$MPC Hedge Fund Activity

We have seen 536 institutional investors add shares of $MPC stock to their portfolio, and 966 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

• ELLIOTT INVESTMENT MANAGEMENT L.P. removed 7,365,000 shares (-100.0%) from their portfolio in Q3 2024, for an estimated $1,199,832,150
• WELLINGTON MANAGEMENT GROUP LLP added 4,367,774 shares (+78.1%) to their portfolio in Q4 2024, for an estimated $609,304,473
• DEMARS FINANCIAL GROUP, LLC added 4,151,722 shares (+16338.3%) to their portfolio in Q4 2024, for an estimated $579,165,219
• FMR LLC removed 2,352,128 shares (-41.5%) from their portfolio in Q4 2024, for an estimated $328,121,856
• STATE STREET CORP removed 1,749,276 shares (-7.8%) from their portfolio in Q4 2024, for an estimated $244,024,002
• NOMURA HOLDINGS INC removed 1,262,158 shares (-97.2%) from their portfolio in Q4 2024, for an estimated $176,071,041
• VANGUARD GROUP INC removed 1,029,852 shares (-3.2%) from their portfolio in Q4 2024, for an estimated $143,664,354

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.

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The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.