ExxonMobil Corporation $XOM Shares Acquired by Syon Capital LLC

Syon Capital LLC lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 8.9% during the 4th quarter, Holdings Channel reports. The firm owned 74,167 shares of the oil and gas company’s stock after buying an additional 6,068 shares during the period. Syon Capital LLC’s holdings in ExxonMobil were worth $8,925,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in the business. Vermillion Wealth Management Inc. raised its holdings in ExxonMobil by 258.1% in the fourth quarter. Vermillion Wealth Management Inc. now owns 3,384 shares of the oil and gas company’s stock valued at $407,000 after acquiring an additional 2,439 shares in the last quarter. Capital World Investors raised its holdings in ExxonMobil by 0.3% in the fourth quarter. Capital World Investors now owns 4,793,125 shares of the oil and gas company’s stock valued at $576,860,000 after acquiring an additional 16,680 shares in the last quarter. Capital International Sarl raised its holdings in ExxonMobil by 5.7% in the fourth quarter. Capital International Sarl now owns 43,931 shares of the oil and gas company’s stock valued at $5,287,000 after acquiring an additional 2,354 shares in the last quarter. Capital International Inc. CA raised its holdings in ExxonMobil by 6.8% in the fourth quarter. Capital International Inc. CA now owns 341,776 shares of the oil and gas company’s stock valued at $41,129,000 after acquiring an additional 21,829 shares in the last quarter. Finally, DB&C Advisors LLC acquired a new stake in ExxonMobil in the fourth quarter valued at approximately $355,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $150.18 on Friday. The firm has a market capitalization of $622.51 billion, a P/E ratio of 25.33, a P/E/G ratio of 0.64 and a beta of 0.16. ExxonMobil Corporation has a 52 week low of $102.68 and a 52 week high of $176.41. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $153.96 and its two-hundred day moving average is $141.27.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm’s revenue was up 2.4% on a year-over-year basis. During the same period in the prior year, the firm posted $1.76 earnings per share. Research analysts forecast that ExxonMobil Corporation will post 11.66 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio is currently 69.48%.

Wall Street Analyst Weigh In

XOM has been the topic of several analyst reports. Mizuho raised their target price on shares of ExxonMobil from $159.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Barclays raised their target price on shares of ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a report on Tuesday, May 26th. Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. raised their target price on shares of ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Finally, Piper Sandler reduced their target price on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, ExxonMobil presently has an average rating of “Hold” and an average target price of $165.55.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil’s advantaged, low-cost assets are highlighted as key growth drivers that can strengthen cash flow and improve resilience, especially if oil prices stay elevated. Here’s How ExxonMobil’s Advantaged Assets Drive Growth and Resilience
• Positive Sentiment: XOM was also described as a top-ranked momentum stock, which may reinforce bullish sentiment among traders looking for relative strength. Exxon Mobil (XOM) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: Several market pieces point to oil stocks staying in focus as geopolitical tensions continue, which can support ExxonMobil through expectations for firmer crude prices. CVX, XOM and SHEL Forecasts – Oil Stocks in Focus as Conflict Continues
• Neutral Sentiment: Analysts and media continue to list ExxonMobil among attractive low-cost energy stocks, and recent price-target revisions remain broadly supportive of the valuation. Exxon Mobil Corporation (XOM) Among the Best Low Cost Stocks to Buy Now
• Neutral Sentiment: Some commentary notes ExxonMobil’s Q1 production dipped versus the prior quarter, which could temper enthusiasm if investors focus on output trends rather than longer-term asset quality. Decoupling Exxon’s Production Growth From Market Reality
• Negative Sentiment: Broader energy-market coverage suggests some caution around the timing of new capital spending and how quickly oil prices can sustain recent strength, which may be weighing on sentiment for large integrated producers like XOM. As the Iran conflict shakes up oil market, where can investors find value?

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. 0.03% of the stock is owned by corporate insiders.

ExxonMobil Company 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.