Mplx (MPLX) – Analysts’ Weekly Ratings Updates

A number of firms have modified their ratings and price targets on shares of Mplx (NYSE: MPLX) recently:

• 3/17/2025 – Mplx had its price target raised by analysts at Royal Bank of Canada from $55.00 to $58.00. They now have an “outperform” rating on the stock.
• 3/14/2025 – Mplx had its price target raised by analysts at Barclays PLC from $52.00 to $55.00. They now have an “overweight” rating on the stock.
• 3/11/2025 – Mplx had its price target raised by analysts at Morgan Stanley from $56.00 to $62.00. They now have an “equal weight” rating on the stock.
• 3/2/2025 – Mplx was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 2/22/2025 – Mplx was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.
• 2/14/2025 – Mplx was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 2/6/2025 – Mplx had its price target raised by analysts at Wells Fargo & Company from $54.00 to $59.00. They now have an “overweight” rating on the stock.
• 2/6/2025 – Mplx had its price target raised by analysts at Raymond James from $55.00 to $60.00. They now have an “outperform” rating on the stock.
• 2/5/2025 – Mplx was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/27/2025 – Mplx was downgraded by analysts at StockNews.com from a “strong-buy” rating to a “buy” rating.
• 1/19/2025 – Mplx was upgraded by analysts at StockNews.com from a “buy” rating to a “strong-buy” rating.

Mplx Price Performance

Shares of NYSE:MPLX traded up $1.33 during trading on Monday, reaching $54.66. The stock had a trading volume of 766,131 shares, compared to its average volume of 1,733,682. Mplx Lp has a 52 week low of $39.56 and a 52 week high of $54.79. The business’s 50-day moving average price is $52.12 and its 200 day moving average price is $48.10. The company has a debt-to-equity ratio of 1.40, a current ratio of 0.99 and a quick ratio of 0.95. The stock has a market capitalization of $55.89 billion, a PE ratio of 12.98, a P/E/G ratio of 1.69 and a beta of 1.40.

Mplx (NYSE:MPLX) last posted its earnings results on Tuesday, February 4th. The pipeline company reported $1.07 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. Mplx had a net margin of 36.18% and a return on equity of 31.94%. The company had revenue of $3.06 billion during the quarter, compared to analysts’ expectations of $3.07 billion. During the same quarter in the previous year, the company posted $1.10 earnings per share. Mplx’s quarterly revenue was up 3.3% compared to the same quarter last year. As a group, equities analysts predict that Mplx Lp will post 4.41 earnings per share for the current year.

Mplx Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Friday, February 14th. Stockholders of record on Monday, February 3rd were given a dividend of $0.9565 per share. The ex-dividend date was Monday, February 3rd. This represents a $3.83 dividend on an annualized basis and a dividend yield of 7.00%. Mplx’s payout ratio is 90.74%.

Insider Transactions at Mplx

In other Mplx news, VP Shawn M. Lyon bought 4,000 shares of Mplx stock in a transaction dated Friday, March 7th. The shares were bought at an average price of $52.75 per share, with a total value of $211,000.00. Following the purchase, the vice president now owns 25,299 shares of the company’s stock, valued at $1,334,522.25. This trade represents a 18.78 % increase in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. FMR LLC grew its position in shares of Mplx by 141.1% during the 4th quarter. FMR LLC now owns 1,985,181 shares of the pipeline company’s stock worth $95,011,000 after buying an additional 1,161,714 shares during the period. Strategic Financial Concepts LLC grew its position in shares of Mplx by 5,070.0% during the 4th quarter. Strategic Financial Concepts LLC now owns 977,794 shares of the pipeline company’s stock worth $46,797,000 after buying an additional 958,881 shares during the period. Raymond James Financial Inc. acquired a new position in shares of Mplx during the 4th quarter worth about $41,917,000. Neuberger Berman Group LLC grew its position in shares of Mplx by 221.9% during the 4th quarter. Neuberger Berman Group LLC now owns 643,995 shares of the pipeline company’s stock worth $30,822,000 after buying an additional 443,910 shares during the period. Finally, MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Mplx by 4.0% during the 4th quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 6,904,477 shares of the pipeline company’s stock worth $330,448,000 after buying an additional 266,998 shares during the period. Institutional investors own 24.25% of the company’s stock.

MPLX LP engages in the operation of midstream energy infrastructure and logistics assets, and distribution fuels services. It operates through the Logistics and Storage (L&S) and Gathering and Processing (G&P) segments. The Logistics and Storage segment transports, stores, distributes, and markets crude oil, asphalt, refined petroleum products, and water.