Autumn Glory Partners LLC increased its position in ExxonMobil Corporation (NYSE:XOM – Free Report) by 32.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 18,407 shares of the oil and gas company’s stock after purchasing an additional 4,555 shares during the quarter. Autumn Glory Partners LLC’s holdings in ExxonMobil were worth $2,215,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds also recently made changes to their positions in XOM. Eagle Capital Management LLC raised its stake in ExxonMobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares during the last quarter. Caxton Associates LLP purchased a new position in ExxonMobil during the first quarter valued at $305,000. Sivia Capital Partners LLC raised its stake in ExxonMobil by 1.9% during the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the last quarter. United Bank raised its stake in ExxonMobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after buying an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in ExxonMobil by 17.4% during the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after buying an additional 5,443 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil Stock Up 0.7%
ExxonMobil stock opened at $150.61 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The firm has a market cap of $626.01 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 0.76 and a beta of 0.29. The stock has a fifty day simple moving average of $154.74 and a two-hundred day simple moving average of $133.61.
ExxonMobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil’s payout ratio is presently 61.58%.
Insider Activity at ExxonMobil
In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 over the last three months. Insiders own 0.03% of the company’s stock.
Analyst Ratings Changes
A number of brokerages have issued reports on XOM. Barclays lifted their price objective on ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. Mizuho lifted their price objective on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research note on Tuesday, March 17th. Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday. Wells Fargo & Company lifted their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, Sanford C. Bernstein lowered their price objective on ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $161.55.
More ExxonMobil News
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
- Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
- Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a “strong‑buy” and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
- Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
- Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
- Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
- Neutral Sentiment: Featured in investor idea pieces — XOM appears in “high‑flying” and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.
ExxonMobil Profile
ExxonMobil Corporation (NYSE: XOM) is an integrated oil and gas company engaged in the exploration, production, refining, distribution and marketing of petroleum products and the manufacture and sale of petrochemicals. Its operations span the full energy value chain, including upstream exploration and development of crude oil and natural gas; midstream transportation and storage; and downstream refining, product distribution and retail. The company also produces a broad range of chemical products for industrial and consumer applications.
ExxonMobil markets fuels and lubricants under well-known brands such as Exxon, Mobil and Esso, and its Mobil 1 motor oil is a prominent consumer product.
Further Reading
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