Vanguard Personalized Indexing Management LLC increased its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 5.5% during the fourth quarter, Holdings Channel reports. The fund owned 537,151 shares of the oil and gas company’s stock after acquiring an additional 27,806 shares during the quarter. ExxonMobil makes up approximately 0.6% of Vanguard Personalized Indexing Management LLC’s investment portfolio, making the stock its 19th biggest position. Vanguard Personalized Indexing Management LLC’s holdings in ExxonMobil were worth $64,641,000 at the end of the most recent reporting period.
A number of other hedge funds have also recently bought and sold shares of XOM. Berbice Capital Management LLC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $26,000. Midwest Capital Advisors LLC acquired a new position in shares of ExxonMobil in the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. boosted its holdings in shares of ExxonMobil by 456.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 187 shares during the last quarter. Key Capital Management INC acquired a new position in shares of ExxonMobil in the 4th quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in shares of ExxonMobil in the 4th quarter valued at $32,000. Institutional investors and hedge funds own 61.80% of the company’s stock.
Trending Headlines about ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil applied for environmental authorization for a 35-well exploration campaign offshore Guyana, signaling continued investment in one of its most important long-term growth areas. Exxon Mobil seeks environmental permit for exploration in offshore Guyana
- Positive Sentiment: Analysts noted that stronger oil prices could still boost ExxonMobil’s energy business because its low-cost Permian and Guyana assets are well positioned to benefit in a favorable crude market. Will Strong Oil Prices Boost ExxonMobil’s Energy Business?
- Neutral Sentiment: Reports that ExxonMobil is weighing an early-stage bid for Woodside Energy were followed by Woodside denying any takeover talks, making the M&A speculation unclear for investors. ExxonMobil weighs early stage bid for Woodside Energy Group
- Negative Sentiment: ExxonMobil stock fell as the broader market rose, reflecting a sector-specific selloff tied to weaker oil prices and reduced optimism for near-term energy earnings. Exxon Mobil (XOM) Stock Falls Amid Market Uptick: What Investors Need to Know
Wall Street Analysts Forecast Growth
View Our Latest Research Report on ExxonMobil
ExxonMobil Stock Performance
ExxonMobil stock opened at $140.86 on Tuesday. ExxonMobil Corporation has a 12-month low of $105.53 and a 12-month high of $176.41. The company has a market capitalization of $583.84 billion, a price-to-earnings ratio of 23.75, a price-to-earnings-growth ratio of 0.62 and a beta of 0.16. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The firm’s fifty day moving average price is $151.69 and its 200 day moving average price is $142.73.
ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the previous year, the firm posted $1.76 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. On average, research analysts forecast that ExxonMobil Corporation will post 11.8 EPS for the current fiscal year.
ExxonMobil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a $1.03 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.9%. ExxonMobil’s payout ratio is presently 69.48%.
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.
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