Mplx Lp (NYSE:MPLX – Free Report) – US Capital Advisors reduced their Q1 2025 earnings estimates for shares of Mplx in a research report issued to clients and investors on Monday, March 24th. US Capital Advisors analyst J. Carreker now expects that the pipeline company will post earnings of $0.97 per share for the quarter, down from their previous forecast of $1.04. The consensus estimate for Mplx’s current full-year earnings is $4.41 per share. US Capital Advisors also issued estimates for Mplx’s Q2 2025 earnings at $1.01 EPS, Q3 2025 earnings at $1.06 EPS, Q4 2025 earnings at $1.07 EPS, FY2025 earnings at $4.10 EPS, Q1 2026 earnings at $1.01 EPS, Q2 2026 earnings at $1.06 EPS, Q3 2026 earnings at $1.09 EPS, FY2026 earnings at $4.26 EPS and FY2027 earnings at $4.39 EPS.
Several other research analysts have also weighed in on MPLX. Royal Bank of Canada increased their target price on shares of Mplx from $55.00 to $58.00 and gave the stock an “outperform” rating in a research note on Monday, March 17th. Barclays raised their price target on Mplx from $52.00 to $55.00 and gave the stock an “overweight” rating in a research report on Friday, March 14th. Wells Fargo & Company boosted their price objective on Mplx from $54.00 to $59.00 and gave the company an “overweight” rating in a report on Thursday, February 6th. Raymond James raised their target price on Mplx from $55.00 to $60.00 and gave the company an “outperform” rating in a report on Thursday, February 6th. Finally, Morgan Stanley boosted their price target on shares of Mplx from $56.00 to $62.00 and gave the stock an “equal weight” rating in a research note on Tuesday, March 11th. One equities research analyst has rated the stock with a sell rating, one has issued a hold rating and nine have issued a buy rating to the company. According to data from MarketBeat.com, Mplx currently has an average rating of “Moderate Buy” and an average target price of $54.00.
Mplx Stock Performance
Shares of Mplx stock opened at $53.34 on Wednesday. The firm has a market cap of $54.54 billion, a PE ratio of 12.67, a price-to-earnings-growth ratio of 1.69 and a beta of 1.40. The company has a quick ratio of 0.95, a current ratio of 0.99 and a debt-to-equity ratio of 1.40. Mplx has a 52 week low of $39.56 and a 52 week high of $54.87. The business’s fifty day simple moving average is $52.88 and its 200-day simple moving average is $48.66.
Mplx (NYSE:MPLX – Get Free Report) last released its quarterly earnings data on Tuesday, February 4th. The pipeline company reported $1.07 EPS for the quarter, beating analysts’ consensus estimates of $1.04 by $0.03. The firm had revenue of $3.06 billion for the quarter, compared to analysts’ expectations of $3.07 billion. Mplx had a return on equity of 31.94% and a net margin of 36.18%. The firm’s quarterly revenue was up 3.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.10 earnings per share.
Institutional Trading of Mplx
A number of institutional investors have recently bought and sold shares of the business. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised 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 acquiring an additional 266,998 shares in the last quarter. BROOKFIELD Corp ON raised its holdings in Mplx by 1.9% during the fourth quarter. BROOKFIELD Corp ON now owns 4,221,615 shares of the pipeline company’s stock worth $202,047,000 after purchasing an additional 79,799 shares in the last quarter. Westwood Holdings Group Inc. lifted its position in shares of Mplx by 5.0% during the 4th quarter. Westwood Holdings Group Inc. now owns 2,279,124 shares of the pipeline company’s stock worth $109,079,000 after buying an additional 108,228 shares during the last quarter. FMR LLC boosted its holdings in shares of Mplx by 141.1% in the 4th quarter. FMR LLC now owns 1,985,181 shares of the pipeline company’s stock valued at $95,011,000 after buying an additional 1,161,714 shares in the last quarter. Finally, Duff & Phelps Investment Management Co. grew its position in shares of Mplx by 2.0% in the 4th quarter. Duff & Phelps Investment Management Co. now owns 1,971,331 shares of the pipeline company’s stock valued at $94,348,000 after buying an additional 37,845 shares during the last quarter. 24.25% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Mplx
In other news, VP Shawn M. Lyon bought 4,000 shares of the stock in a transaction that occurred on Friday, March 7th. The stock was purchased at an average price of $52.75 per share, for a total transaction of $211,000.00. Following the completion of the purchase, the vice president now owns 25,299 shares in the company, valued at approximately $1,334,522.25. This trade represents a 18.78 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.
Mplx Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Friday, February 14th. Shareholders of record on Monday, February 3rd were issued a dividend of $0.9565 per share. This represents a $3.83 annualized dividend and a yield of 7.17%. The ex-dividend date of this dividend was Monday, February 3rd. Mplx’s dividend payout ratio (DPR) is presently 90.74%.
Mplx Company Profile
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.
Featured Stories
- Five stocks we like better than Mplx
- What is the FTSE 100 index?
- Innovation Incubators: Survey of Entrepreneurs Reveals The Cities Most Supportive of Startups
- Insider Buying Explained: What Investors Need to Know
- NVIDIA Insiders Sell: This Is What It Means for the MarketĀ
- What Are Dividend Contenders? Investing in Dividend Contenders
- Space Stocks Bottoming: Which Are Positioned Best for a Bounce?
Receive News & Ratings for Mplx Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Mplx and related companies with MarketBeat.com's FREE daily email newsletter.