Exxon Mobil Corporation $XOM Shares Purchased by Ritholtz Wealth Management

Ritholtz Wealth Management raised its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 10.7% in the fourth quarter, Holdings Channel.com reports. The firm owned 96,269 shares of the oil and gas company’s stock after buying an additional 9,275 shares during the period. Ritholtz Wealth Management’s holdings in Exxon Mobil were worth $11,585,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of the business. Northern Trust Corp grew its stake in Exxon Mobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after purchasing an additional 445,283 shares in the last quarter. Franklin Resources Inc. grew its stake in Exxon Mobil 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 in the last quarter. Capital Research Global Investors grew its stake in Exxon Mobil by 0.4% during the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after purchasing an additional 127,466 shares in the last quarter. Fisher Asset Management LLC grew its stake in Exxon Mobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock valued at $3,517,179,000 after purchasing an additional 340,785 shares in the last quarter. Finally, Legal & General Group Plc grew its stake in Exxon Mobil 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 valued at $2,299,687,000 after purchasing an additional 886,087 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM opened at $152.48 on Tuesday. The firm has a market cap of $633.79 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 0.96 and a beta of 0.29. The stock has a 50 day moving average of $154.79 and a 200-day moving average of $131.88. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 EPS. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Geopolitical risk (failed U.S.–Iran nuclear talks) is cited as a driver for higher oil and pushed XOM shares up on Monday as traders priced in tighter supply. Why Exxon Mobil Shares Are Trading Higher On Monday?
• Positive Sentiment: News of an imposed blockade of the Strait of Hormuz has driven a sharp oil rally, a direct tailwind for oil majors’ upstream earnings and near-term cash flow. Oil Surges 7% on Hormuz Blockade, U.S. Gulf Tanker Rush — 3 Stocks to Buy Now
• Positive Sentiment: Several analysts raised price targets this weekend (including banks boosting targets to $180 and $184), signaling continued bullish long-term analyst conviction despite short-term volatility. Exxon Mobil (NYSE:XOM) Price Target Raised to $180.00
• Positive Sentiment: Another analyst note raising a higher price target reinforces the view that some sell-side firms see more upside from current levels. Exxon Mobil (NYSE:XOM) Price Target Raised to $184.00
• Neutral Sentiment: Zacks highlights Exxon as a long-term value pick using style scores — supportive for buy-and-hold investors but not an immediate catalyst. Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks also notes strong Q1 upstream results helped by higher oil prices but flags that shares trade at a premium, creating a buy-now vs. wait valuation question for investors. Strong Oil Prices May Have Aided XOM’s Q1: Buy the Stock Now or Wait?
• Neutral Sentiment: Exxon’s aggressive expansion in Guyana keeps growth prospects front-and-center but raises governance, environmental and geopolitical risk questions that investors should monitor. Exxon Guyana Expansion Puts Stabroek Growth And Risks In Focus
• Negative Sentiment: TD Cowen cut its price target to $172, introducing short-term headwinds and signaling some analyst caution on upside at current valuations. TD Cowen Cuts Exxon Mobil (NYSE:XOM) Price Target to $172.00
• Negative Sentiment: Coverage notes XOM stock has slid ~10% in April amid volatility—this recent weakness can pressure sentiment even as some analysts remain bullish on longer-term targets. Exxon Mobil (XOM) Stock Slides 10% in April — Analysts Still Bullish with $185 Price Targets
• Negative Sentiment: A recent analyst downgrade drove an intraday decline (~1.7%), underscoring how differing analyst views are contributing to intra-day volatility. Exxon Mobil (NYSE:XOM) Stock Price Down 1.7% After Analyst Downgrade

Wall Street Analyst Weigh In

XOM has been the subject of a number of recent analyst reports. Jefferies Financial Group raised their price objective on Exxon Mobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Royal Bank Of Canada lifted their target price on Exxon Mobil from $160.00 to $180.00 and gave the stock a “sector perform” rating in a research report on Thursday, April 9th. JPMorgan Chase & Co. lifted their target price on Exxon Mobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Sanford C. Bernstein decreased their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Finally, Morgan Stanley lifted their target price on Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and a consensus target price of $159.20.

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred on 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 represents a 5.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last 90 days, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Company Profile

Exxon Mobil 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.