Winning Points Advisors LLC acquired a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) during the fourth quarter, Holdings Channel.com reports. The firm acquired 16,638 shares of the oil and gas company’s stock, valued at approximately $2,002,000. ExxonMobil comprises 1.9% of Winning Points Advisors LLC’s holdings, making the stock its 9th biggest holding.
A number of other hedge funds and other institutional investors have also recently made changes to their positions in the business. Norges Bank acquired a new stake in shares of ExxonMobil in the fourth quarter worth $7,625,063,000. Bank of New York Mellon Corp increased its stake in shares of ExxonMobil by 1.2% in the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after acquiring an additional 531,362 shares during the period. Northern Trust Corp increased its stake in shares of ExxonMobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the period. Franklin Resources Inc. increased its stake in shares of ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Finally, Capital Research Global Investors increased its stake in shares of ExxonMobil by 0.4% in the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock worth $3,790,773,000 after acquiring an additional 127,466 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.
Key ExxonMobil News
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Erste Group Bank raised its FY2026 EPS estimate for ExxonMobil to $11.26 from $10.12, signaling stronger expected profitability. ExxonMobil estimate update
- Positive Sentiment: The firm also lifted its FY2027 EPS estimate to $10.37 from $10.05, adding to the view that earnings remain resilient beyond this year. ExxonMobil estimate update
- Positive Sentiment: Broader energy-market momentum and higher crude prices are supporting integrated oil names like ExxonMobil, which can improve refining and upstream margins. Energy sector strength article
- Neutral Sentiment: Exxon began planned work at its Beaumont, Texas complex, with increased activity and flaring likely representing routine maintenance rather than a material catalyst. Beaumont complex work
- Neutral Sentiment: Reports that the head of Exxon’s global trading unit is retiring may prompt some management-watchful investors, but there is no indication yet of a broader business impact. Trading head retirement
ExxonMobil Stock Performance
ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results 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. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the firm posted $1.76 earnings per share. On average, sell-side analysts forecast that ExxonMobil Corporation will post 11.66 earnings per share for the current fiscal 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 paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is currently 69.48%.
Analyst Ratings Changes
XOM has been the topic of several analyst reports. Weiss Ratings lowered shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the company a “neutral” rating in a research report on Friday, April 17th. JPMorgan Chase & Co. raised their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Sanford C. Bernstein dropped their price target on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Finally, TD Cowen dropped their price target on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and a consensus target price of $165.55.
Check Out Our Latest Research Report on XOM
Insider Buying and Selling at ExxonMobil
In other news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Corporate insiders own 0.03% of the company’s stock.
ExxonMobil Company Profile
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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