TD Asset Management Inc Sells 2,458 Shares of Marathon Petroleum Corporation (NYSE:MPC)\n\nTD Asset Management Inc lowered its stake in Marathon Petroleum Corporation by 1.8% during the 1st quarter, according to the company's most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 133,309 shares of the oil and gas company's stock after selling 2,458 shares during the period. TD Asset Management Inc's holdings in Marathon Petroleum were worth $19,422,000 at the end of the reporting period.\n\nSeveral other large investors have also adjusted their stakes in MPC. Brighton Jones LLC increased its holdings in Marathon Petroleum by 30.9% in the fourth quarter. The firm now owns 4,988 shares of the oil and gas company's stock valued at $696,000 after acquiring an additional 1,178 shares in the last quarter. GHE LLC increased its holdings in Marathon Petroleum by 1.8% during the fourth quarter. GHE LLC now owns 38,572 shares of the oil and gas company's stock valued at $5,381,000 after acquiring an additional 665 shares in the last quarter. Orion Portfolio Solutions LLC increased its holdings in Marathon Petroleum by 4.1% in the fourth quarter. Orion Portfolio Solutions now owns 21,428 shares of the oil and gas company's stock valued at $2,989,000 after acquiring an additional 839 shares in the last quarter. DnB Asset Management AS increased its holdings in Marathon Petroleum by 26.3% in the fourth quarter. DnB Asset Management AS now owns 1,751 shares of the oil and gas company's stock valued at $244,000 after acquiring an additional 365 shares in the last quarter. CIBC Private Wealth Group LLC increased its holdings in Marathon Petroleum by 65.2% in the fourth quarter. CIBC Private Wealth Group now owns 137,188 shares of the oil and gas company's stock valued at $19,526,000 after acquiring an additional 54,125 shares in the last quarter.\n\nInstitutional investors own 76.77% of MPC's stock.\n\nIn related news, Director of TD Asset Management Inc sold 7,392 shares of Marathon Petroleum stock in a transaction dated Thursday, July 3rd. The stock was sold at an average price of $175.00, for a total value of $1,293,600.00. Following the transaction, the director directly owned 18,944 shares in the company, valued at approximately $3,315,200.00. This trade represents a 28.07% decrease in their position. The company reported ($0.24) EPS for the quarter, topping the consensus estimate of ($0.40) by $0.16.\n\nMarathon Petroleum Corporation reported a return on equity of 8.89% and a net margin of 1.75% for the quarter. The company had revenue of $31.85 billion during the quarter, compared to the consensus estimate of $28.91 billion. The company had reported EPS of $2.58 for the same quarter last year. The current quarter's EPS is down 4.1% on a year-over-year basis. Sell-side analysts predict MPC will post 8.47 EPS for the current fiscal year.\n\nMarathon Petroleum Corporation operates as an integrated downstream energy company primarily in the United States. The company refines crude oil and other feedstocks and purchases refined products and ethanol for resale, distributing renewable diesel through its transport, storage, and marketing services.

TD Asset Management Inc Sells 2,458 Shares of Marathon Petroleum Corporation (NYSE:MPC)

TD Asset Management Inc reduced its stake in Marathon Petroleum Corporation by 1.8% during Q1, selling 2,458 shares. Other institutional investors like Brighton Jones LLC and CIBC Private Wealth Group LLC increased their holdings. The company reported financial metrics including EPS, revenue, and margins.