Syon Capital LLC Has $10.85 Million Holdings in ExxonMobil Corporation $XOM

Syon Capital LLC raised its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 4.1% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 79,377 shares of the oil and gas company’s stock after acquiring an additional 3,145 shares during the quarter. Syon Capital LLC’s holdings in ExxonMobil were worth $10,852,000 at the end of the most recent quarter.

A number of other large investors also recently made changes to their positions in XOM. Norges Bank acquired a new stake in shares of ExxonMobil during the fourth quarter worth approximately $7,625,063,000. GQG Partners LLC increased its stake in ExxonMobil by 153.3% in the 2nd quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock valued at $2,307,497,000 after buying an additional 10,214,420 shares during the period. Quantum Portfolio Management LLC purchased a new stake in ExxonMobil in the 1st quarter worth approximately $965,932,000. Arrowstreet Capital Limited Partnership purchased a new stake in ExxonMobil in the 1st quarter worth approximately $766,345,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its stake in shares of ExxonMobil by 18.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock valued at $1,925,119,000 after buying an additional 2,465,410 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Dividend support remains a key attraction. ExxonMobil is reportedly positioned to raise its dividend for a 44th consecutive year. Second-quarter free cash flow exceeded dividend payments by nearly $13 billion, providing substantial coverage and supporting the stock’s appeal to income investors. 2 Energy Dividend Stocks With Growing Payouts, Led by ExxonMobil
• Positive Sentiment: Long-term cash-flow prospects are encouraging. ExxonMobil says free cash flow could potentially double by 2030, while analysts and financial publications continue to view XOM as a strong value and long-term-return candidate. Its low debt levels and scale add to the investment case. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?
• Positive Sentiment: Potential Venezuelan oil opportunities could benefit supermajors. U.S. efforts to open Venezuelan oil rights, amid broader supply concerns, may create opportunities for ExxonMobil to expand resources or production, although the company-specific benefits remain uncertain. Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
• Neutral Sentiment: AI investments may improve efficiency. ExxonMobil is among major oil companies deploying artificial intelligence to reduce downtime, improve drilling decisions and enhance asset performance. These initiatives could support margins over time, but the financial impact is not yet quantified. 4 Oil & Gas Majors Using AI to Boost Efficiency and Execution
• Negative Sentiment: A sharp oil-price decline remains the principal risk. Coverage notes that ExxonMobil maintained or increased its dividend even when crude briefly fell below $58 per barrel, but a prolonged downturn could reduce upstream earnings and free cash flow, challenging dividend growth despite the company’s current coverage. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?

ExxonMobil Stock Performance

Shares of XOM opened at $162.28 on Friday. The firm has a market cap of $672.64 billion, a price-to-earnings ratio of 20.89, a price-to-earnings-growth ratio of 1.01 and a beta of 0.18. The company’s fifty day moving average is $152.51 and its 200-day moving average is $152.20. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a 12 month low of $108.35 and a 12 month high of $176.41.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). The business had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the previous year, the firm posted $1.64 EPS. Equities analysts expect that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be given a $1.03 dividend. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. ExxonMobil’s payout ratio is currently 53.02%.

Wall Street Analyst Weigh In

XOM has been the topic of several research analyst reports. HSBC set a $158.00 price target on shares of ExxonMobil in a report on Monday, August 3rd. Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. UBS Group set a $168.00 target price on ExxonMobil in a research note on Friday, August 7th. Mizuho dropped their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Finally, Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Ten equities research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. According to MarketBeat, ExxonMobil has an average rating of “Hold” and a consensus price target of $167.45.

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.