ExxonMobil Corporation $XOM Shares Acquired by Mach 1 Financial Group LLC

Mach 1 Financial Group LLC lifted its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 208.6% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 27,093 shares of the oil and gas company’s stock after acquiring an additional 18,314 shares during the period. Mach 1 Financial Group LLC’s holdings in ExxonMobil were worth $3,261,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in XOM. Capital Investment Advisors LLC boosted its stake in ExxonMobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after buying an additional 14,233 shares during the last quarter. New Age Alpha Advisors LLC boosted its stake in ExxonMobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after buying an additional 8,853 shares during the last quarter. HORAN Wealth LLC boosted its stake in ExxonMobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after buying an additional 5,788 shares during the last quarter. Krilogy Financial LLC boosted its stake in ExxonMobil by 46.6% in the 3rd quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after buying an additional 11,177 shares during the last quarter. Finally, Varma Mutual Pension Insurance Co boosted its stake in ExxonMobil by 8.6% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock worth $73,885,000 after buying an additional 51,900 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have issued reports on XOM. Citigroup raised their price target on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. TD Cowen decreased their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. JPMorgan Chase & Co. lifted their price objective on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Finally, HSBC lifted their price objective on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. 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.com, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $163.95.

ExxonMobil Stock Performance

NYSE XOM opened at $156.44 on Thursday. The firm has a market capitalization of $648.45 billion, a P/E ratio of 26.38, a P/E/G ratio of 0.71 and a beta of 0.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a 1-year low of $101.18 and a 1-year high of $176.41. The business’s 50-day simple moving average is $155.58 and its 200-day simple moving average is $138.55.

ExxonMobil (NYSE:XOM) last announced its 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 business had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company’s revenue was up 2.4% on a year-over-year basis. During the same period last year, the business posted $1.76 EPS. Equities analysts predict that ExxonMobil Corporation will post 11.49 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, 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 position. The sale was disclosed in a filing with the SEC, which can be accessed through this link. Insiders own 0.03% of the company’s stock.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is benefiting from oil prices staying above $100, which keeps Permian producers in focus and supports upstream earnings potential. Oil Remains Above $100: Are Permian Stocks a Smart Bet Now?
• Positive Sentiment: Analysts highlighted ExxonMobil as a low-beta energy stock, suggesting investors are viewing XOM as a steadier option amid Middle East-driven market volatility. 4 Low-Beta Stocks for a Steadier Portfolio: LQDA, XOM, VLO & FANG
• Positive Sentiment: ExxonMobil’s LNG expansion and exposure to rising data-center power demand were cited as long-term growth drivers, reinforcing the company’s diversification strategy beyond traditional oil production. Is ExxonMobil Positioned to Capitalize on Rising LNG & Power Demand?
• Positive Sentiment: ExxonMobil won major line-pipe orders for Guyana and is continuing its offshore growth push there, signaling continued investment and activity in a key asset base. VALLOUREC WINS MAJOR LINE PIPE ORDERS FROM EXXONMOBIL IN GUYANA…

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.