James Investment Research Inc. Grows Stake in ExxonMobil Corporation $XOM

James Investment Research Inc. lifted its stake in ExxonMobil Corporation (NYSE:XOM) by 17.5% in the 1st quarter, Holdings Channel.com reports. The firm owned 33,766 shares of the oil and gas company’s stock after buying an additional 5,033 shares during the quarter. James Investment Research Inc.’s holdings in ExxonMobil were worth $5,729,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of XOM. Berbice Capital Management LLC bought a new position in shares of ExxonMobil in the fourth quarter worth approximately $26,000. Midwest Capital Advisors LLC purchased a new position in ExxonMobil in the 4th quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in 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 worth $27,000 after acquiring an additional 187 shares during the last quarter. Key Capital Management INC bought a new position in ExxonMobil in the 4th quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil during the 4th quarter valued at $32,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and QatarEnergy reached a key milestone in their Cyprus offshore gas project, with a Declaration of Marketability helping advance the Glaucus and Pegasus fields toward development. That supports Exxon’s long-term growth pipeline. XOM, QatarEnergy Reach Milestone in Cyprus Offshore Gas Development
• Positive Sentiment: TD Cowen kept a buy rating on ExxonMobil while lowering its price target to $155 from $172, which still implies upside from current levels and suggests Wall Street remains constructive on the stock.
• Positive Sentiment: A Seeking Alpha piece upgraded ExxonMobil, arguing the valuation is attractive and that the company has overlooked market opportunities. That reinforces the view that XOM may have room to rerate. ExxonMobil: I’m Re-Entering As Valuation Is Attractive With Overlooked Market Opportunities (Rating Upgrade)
• Neutral Sentiment: Exxon completed its legal redomicile from New Jersey to Texas and also won a Supreme Court ruling that revives an old lawsuit, removing some uncertainty but not directly changing the operating outlook. Exxon (XOM) flashes key signals on New Jersey exit
• Neutral Sentiment: Analyst and media coverage noted that Exxon can still grow production even with oil below $70, and a bullish market note said the company could outperform if cash flow remains strong. These are supportive but largely restate Exxon’s resilience. Can ExxonMobil’s Upstream Business Thrive With Oil Below $70?
• Negative Sentiment: President Trump is pressuring Big Oil to lower gasoline prices ahead of the midterm elections, which could increase political scrutiny on ExxonMobil and the broader sector if margin pressure follows. Big Oil heads for biggest profits in years as Trump pushes for lower gas prices

ExxonMobil Price Performance

NYSE XOM opened at $137.03 on Monday. The stock has a market capitalization of $567.99 billion, a price-to-earnings ratio of 23.11, a PEG ratio of 0.58 and a beta of 0.17. ExxonMobil Corporation has a 1-year low of $105.53 and a 1-year high of $176.41. 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 business’s fifty day moving average price is $147.37 and its 200-day moving average price is $144.79.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.ExxonMobil’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.76 earnings per share. On average, equities analysts predict that ExxonMobil Corporation will post 11.9 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given 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 dividend yield of 3.0%. ExxonMobil’s dividend payout ratio is presently 69.48%.

Wall Street Analysts Forecast Growth

A number of research firms have commented on XOM. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Scotiabank increased their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Morgan Stanley decreased their target price on ExxonMobil from $171.00 to $168.00 and set an “overweight” rating for the company in a research report on Monday, June 29th. Finally, Bank of America upgraded shares of ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 target price on the stock in a research note on Tuesday, June 16th. Eleven equities research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat, ExxonMobil has an average rating of “Moderate Buy” and an average target price of $164.70.

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.