Aware Super Pty Ltd as trustee of Aware Super Purchases 42,807 Shares of ExxonMobil Corporation $XOM

Aware Super Pty Ltd as trustee of Aware Super acquired a new stake in ExxonMobil Corporation (NYSE:XOM - Free Report) during the third quarter, according to its most recent filing with the SEC. The firm acquired 42,807 shares of the oil and gas company's stock, valued at approximately $6,967,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of XOM. NBT Bank N.A. purchased a new position in ExxonMobil during the 3rd quarter worth $26,000. Aventus Investment Advisors Inc. purchased a new stake in shares of ExxonMobil in the second quarter valued at about $27,000. Atlantic Private Wealth LLC boosted its holdings in shares of ExxonMobil by 776.9% in the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company's stock valued at $39,000 after acquiring an additional 202 shares in the last quarter. Financial Connections Group Inc. purchased a new stake in shares of ExxonMobil in the first quarter valued at about $53,000. Finally, Clal Insurance Enterprises Holdings Ltd increased its stake in shares of ExxonMobil by 53.1% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company's stock worth $55,000 after acquiring an additional 113 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil Price Performance

Shares of NYSE XOM opened at $177.50 on Wednesday. The firm has a market capitalization of $735.72 billion, a P/E ratio of 18.24, a PEG ratio of 0.90 and a beta of 0.16. ExxonMobil Corporation has a one year low of $112.51 and a one year high of $188.50. The company's fifty day moving average is $168.33 and its two-hundred day moving average is $154.86. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The business had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same quarter last year, the firm posted $1.88 EPS. Analysts forecast that ExxonMobil Corporation will post 13.61 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be given a dividend of $1.07 per share. The ex-dividend date is Monday, November 16th. This is an increase from ExxonMobil's previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a yield of 2.4%. ExxonMobil's dividend payout ratio (DPR) is currently 42.34%.

Wall Street Analyst Weigh In

XOM has been the subject of several analyst reports. Bank of America cut shares of ExxonMobil from a "buy" rating to a "neutral" rating and increased their price target for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Zacks Research raised ExxonMobil from a "hold" rating to a "strong-buy" rating in a report on Monday, October 19th. HSBC reaffirmed a "hold" rating and issued a $90.00 price objective on shares of ExxonMobil in a report on Friday, September 25th. William Blair initiated coverage on ExxonMobil in a research report on Wednesday, October 28th. They set a "market perform" rating on the stock. Finally, Mizuho cut their target price on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating for the company in a research note on Thursday, July 9th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $168.70.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon beat third-quarter earnings expectations, with adjusted EPS of $4.23. Refining strength, improved margins and record downstream utilization helped offset weaker upstream earnings. How Investors Are Reacting To ExxonMobil Stock Earnings
• Positive Sentiment: Investors are also receiving substantial cash returns: Exxon raised its quarterly dividend to $1.07 per share and increased its share-repurchase authorization to $110 billion. UBS raised its price target to $213 and kept a Buy rating after the results. UBS raises ExxonMobil price target
• Positive Sentiment: XOM’s move above its 200-day moving average is a technical signal some investors view as supportive of a longer-term uptrend. The company also took a 50% stake in Mozambique LNG, adding to its long-term growth opportunities. ExxonMobil crosses its 200-day moving average
• Neutral Sentiment: Oil traders are weighing conflicting signals about U.S.-Iran tensions and the possibility of a deal. Any change in perceived supply risk could move crude prices—and Exxon’s upstream outlook—in either direction. Report on U.S.-Iran tensions and oil markets
• Negative Sentiment: After a strong run, XOM’s valuation is considered elevated, leaving less room for disappointment. Upstream earnings declined sequentially, and lower crude prices could add pressure; the retreat from recent highs suggests investors are taking profits and reassessing how much good news is already priced in. ExxonMobil stock valuation and outlook

ExxonMobil Profile

Exxon Mobil Corporation, doing business as ExxonMobil NYSE: XOM, is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.