Wallington Asset Management LLC Sells 4,474 Shares of ExxonMobil Corporation $XOM

Wallington Asset Management LLC reduced its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 4.8% in the first quarter, Holdings Channel.com reports. The fund owned 88,113 shares of the oil and gas company’s stock after selling 4,474 shares during the quarter. ExxonMobil comprises about 2.0% of Wallington Asset Management LLC’s portfolio, making the stock its 22nd largest holding. Wallington Asset Management LLC’s holdings in ExxonMobil were worth $14,949,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds have also bought and sold shares of the company. Capital Investment Advisors LLC increased its position in ExxonMobil by 6.6% during the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after buying an additional 14,233 shares in the last quarter. Roberts Capital Advisors LLC acquired a new stake in shares of ExxonMobil in the third quarter worth $1,240,000. Grantham Mayo Van Otterloo & Co. LLC raised its stake in shares of ExxonMobil by 9.0% during the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 410,046 shares of the oil and gas company’s stock valued at $46,233,000 after buying an additional 33,950 shares during the last quarter. Sanctuary Advisors LLC lifted its holdings in ExxonMobil by 2.3% in the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock valued at $126,166,000 after acquiring an additional 23,668 shares during the period. Finally, Clear Trail Advisors LLC purchased a new stake in ExxonMobil during the fourth quarter worth $28,728,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities analysts recently weighed in on the company. Barclays upped their price target on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. UBS Group raised their price objective on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a report on Monday, May 4th. TD Cowen reaffirmed a “buy” rating on shares of ExxonMobil in a research note on Monday, June 15th. JPMorgan Chase & Co. increased their target price on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Finally, Jefferies Financial Group lifted their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Eleven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $165.55.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and QatarEnergy advanced their Cyprus gas export plans, with recent reports saying the gas discoveries were declared marketable and could begin flowing by 2033. That supports the company’s long-term growth story and adds optionality to its international natural gas portfolio. ExxonMobil (XOM) Advances Cyprus Gas Export Plan With QatarEnergy
• Positive Sentiment: Erste Group Bank raised its earnings estimates for ExxonMobil for FY2026 and FY2027, signaling confidence in the company’s profitability despite near-term oil price normalization.
• Positive Sentiment: Several commentary pieces highlighted ExxonMobil as a reliable dividend and income stock, reinforcing its appeal for investors seeking stability and cash returns. This 3% Yielding Energy Stock Has Hiked Its Dividend for 43 Straight Years. Here’s Why I’d Buy It Without Hesitation Right Now.
• Neutral Sentiment: Technical analysts said XOM has pulled back toward its 200-day moving average and could bounce from support, which suggests traders are watching for a potential near-term stabilization rather than a major catalyst. Signal: Exxon Mobil Stock Could Soon Bounce Off Support
• Negative Sentiment: Energy stocks broadly moved lower as oil prices weakened, and one report noted that oil’s four-month low created a fresh headwind for ExxonMobil and peers. That macro backdrop is likely weighing on sentiment for XOM today. Oil’s 4-month low hands Exxon, Chevron a fresh problem

ExxonMobil Stock Down 0.3%

Shares of XOM opened at $136.27 on Thursday. The stock has a 50 day moving average price of $147.85 and a 200 day moving average price of $144.52. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a market capitalization of $564.83 billion, a price-to-earnings ratio of 22.98, a PEG ratio of 0.58 and a beta of 0.17.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.18. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the firm posted $1.76 earnings per share. Equities research analysts forecast that ExxonMobil Corporation will post 11.9 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 3.0%. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

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.