JM2 Capital Inc. purchased a new stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) during the 4th quarter, according to its most recent disclosure with the SEC. The fund purchased 4,203 shares of the oil and gas company’s stock, valued at approximately $506,000.
Several other hedge funds and other institutional investors also recently made changes to their positions in XOM. Franklin Resources Inc. grew its holdings in shares of ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its holdings in ExxonMobil by 218.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock worth $155,696,000 after acquiring an additional 2,546,791 shares during the last quarter. AQR Capital Management LLC grew its holdings in ExxonMobil by 105.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock worth $329,797,000 after acquiring an additional 1,501,235 shares during the last quarter. Bessemer Group Inc. grew its holdings in ExxonMobil by 119.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after acquiring an additional 1,454,308 shares during the last quarter. Finally, Legal & General Group Plc grew its holdings in ExxonMobil by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after acquiring an additional 886,087 shares during the last quarter. 61.80% of the stock is owned by institutional investors.
ExxonMobil Stock Down 0.0%
Shares of NYSE XOM opened at $149.18 on Thursday. The company has a market capitalization of $620.08 billion, a P/E ratio of 22.30, a price-to-earnings-growth ratio of 0.90 and a beta of 0.29. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company’s 50 day moving average price is $154.93 and its 200-day moving average price is $132.23.
ExxonMobil Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s payout ratio is 61.58%.
Insider Activity
In other news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by insiders.
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Strait of Hormuz disruption is lifting realized prices and export demand for U.S. barrels, improving near‑term revenue and highlighting Exxon’s role in global supply re‑routing. Exxon Mobil Gains Influence As Hormuz Blockade Rewrites Global Oil Trade
- Positive Sentiment: Exxon and partners signed a drilling contract to start exploratory deepwater work off western Greece, creating upside optionality if finds are commercial — a multi‑year growth catalyst. ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years
- Positive Sentiment: Exxon’s partnerships plan to begin deepwater drilling offshore Greece by 2027, reinforcing the Reuters item and signaling multi‑year exploration investment. ExxonMobil & Partners Plan to Begin Deepwater Drilling Offshore Greece
- Positive Sentiment: Exxon’s near‑exclusive position supplying ultra‑pure (“six nines”) helium to chipmakers is an underappreciated, high‑margin niche that adds diversification and pricing power beyond oil & gas. Chip Makers Need Ultra-Pure Helium and Exxon Is Nearly the Sole Source of Six Nines Purity
- Neutral Sentiment: Exxon agreed to sell Thai gas assets to Horizon Oil — a portfolio reshaping move that could raise cash and simplify operations; market impact depends on deal terms and proceeds. ExxonMobil Signs Agreement to Sell Thai Gas Assets to Horizon Oil
- Negative Sentiment: Physical oil market signals from the North Sea show more offers than bids, suggesting weakening regional demand and falling physical premiums — a potential headwind for refinery margins and short‑term oil pricing. There Are More Offers Than Bids For North Sea Oil
- Negative Sentiment: Exxon warned of a Q1 production decline tied to Middle East disruptions; lower volumes can meaningfully weigh on revenue even if prices remain elevated. Exxon Mobil (XOM) Expects Decline in Q1 Production Amid Middle East Disruptions
- Negative Sentiment: Short‑term market sentiment has turned cautious — recent articles note a pullback in the stock and flags analysts/warners on valuation or risks, contributing to downward pressure on the share price. Exxon Mobil stock just got a warning Wall Street can’t ignore
Analyst Ratings Changes
XOM has been the topic of a number of research reports. Morgan Stanley boosted their target price on shares of ExxonMobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a report on Friday, March 27th. Scotiabank raised shares of ExxonMobil to a “strong-buy” rating in a report on Friday, March 27th. Zacks Research raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Wolfe Research reduced their target price on shares of ExxonMobil from $158.00 to $153.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. Finally, Royal Bank Of Canada boosted their target price on shares of ExxonMobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, ExxonMobil currently has an average rating of “Moderate Buy” and an average target price of $159.20.
Get Our Latest Research Report on XOM
About ExxonMobil
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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