ExxonMobil Corporation $XOM Shares Purchased by Global Retirement Partners LLC

Global Retirement Partners LLC boosted its position in ExxonMobil Corporation (NYSE:XOM) by 37.4% in the fourth quarter, HoldingsChannel.com reports. The firm owned 122,539 shares of the oil and gas company’s stock after purchasing an additional 33,377 shares during the quarter. Global Retirement Partners LLC’s holdings in ExxonMobil were worth $14,746,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently added to or reduced their stakes in XOM. KDT Advisors LLC increased its holdings in shares of ExxonMobil by 4.0% in the fourth quarter. KDT Advisors LLC now owns 10,579 shares of the oil and gas company’s stock valued at $1,273,000 after buying an additional 405 shares in the last quarter. Baron Silver Stevens Financial Advisors LLC increased its holdings in shares of ExxonMobil by 59.2% in the fourth quarter. Baron Silver Stevens Financial Advisors LLC now owns 6,243 shares of the oil and gas company’s stock valued at $751,000 after buying an additional 2,321 shares in the last quarter. Financial Synergies Wealth Advisors Inc. increased its holdings in shares of ExxonMobil by 3.5% in the fourth quarter. Financial Synergies Wealth Advisors Inc. now owns 52,451 shares of the oil and gas company’s stock valued at $6,312,000 after buying an additional 1,781 shares in the last quarter. Mach 1 Financial Group LLC increased its holdings in shares of ExxonMobil by 208.6% in the fourth quarter. Mach 1 Financial Group LLC now owns 27,093 shares of the oil and gas company’s stock valued at $3,261,000 after buying an additional 18,314 shares in the last quarter. Finally, Prevail Innovative Wealth Advisors LLC increased its holdings in shares of ExxonMobil by 9.4% in the fourth quarter. Prevail Innovative Wealth Advisors LLC now owns 86,528 shares of the oil and gas company’s stock valued at $10,413,000 after buying an additional 7,438 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 2,150 shares of ExxonMobil stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total transaction of $339,313.00. Following the transaction, the vice president directly owned 18,204 shares in the company, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders own 0.03% of the company’s stock.

ExxonMobil Trading Down 3.8%

NYSE XOM opened at $156.44 on Thursday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a market cap of $648.45 billion, a price-to-earnings ratio of 26.38, a PEG ratio of 0.71 and a beta of 0.19. The firm’s 50 day moving average price is $155.58 and its two-hundred day moving average price is $138.55.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share 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 analysts’ expectations of $81.13 billion. During the same period in the previous year, the company posted $1.76 EPS. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. Equities analysts anticipate that ExxonMobil Corporation will post 11.49 EPS for the current year.

ExxonMobil Dividend Announcement

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

Analyst Upgrades and Downgrades

XOM has been the topic of several research reports. JPMorgan Chase & Co. upped their price target on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Scotiabank upped their price target on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. TD Cowen dropped their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Royal Bank Of Canada reaffirmed a “sector perform” rating and issued a $180.00 price target on shares of ExxonMobil in a report on Tuesday, May 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and an average price target of $163.95.

Key Stories Impacting ExxonMobil

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…

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.