Banque Cantonale Vaudoise Acquires 10,923 Shares of ExxonMobil Corporation $XOM

Key Points

• Banque Cantonale Vaudoise boosted its ExxonMobil stake by 13.5% in the first quarter, buying 10,923 additional shares and bringing its total holding to 91,570 shares worth about $15.5 million.
• ExxonMobil recently beat quarterly expectations, reporting earnings of $1.16 per share versus the $0.98 estimate on revenue of $83.16 billion. Revenue rose 2.4% year over year, though EPS declined from the prior year.
• The company continues to support investors with dividends, paying a quarterly dividend of $1.03 per share, or $4.12 annually, for a yield of about 3.0%.

Banque Cantonale Vaudoise raised its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 13.5% in the first quarter, according to its most recent 13F filing with the SEC. The fund owned 91,570 shares of the oil and gas company's stock after purchasing an additional 10,923 shares during the period. ExxonMobil makes up approximately 0.6% of Banque Cantonale Vaudoise's portfolio, making the stock its 24th biggest holding. Banque Cantonale Vaudoise's holdings in ExxonMobil were worth $15,536,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. ICW Investment Advisors LLC grew its holdings in shares of ExxonMobil by 0.3% in the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company's stock valued at $3,043,000 after acquiring an additional 69 shares in the last quarter. Swisher Financial Concepts Inc. grew its position in ExxonMobil by 0.3% during the first quarter. Swisher Financial Concepts Inc. now owns 27,402 shares of the oil and gas company's stock valued at $4,649,000 after buying an additional 69 shares during the period. Fortis Capital Management LLC increased its holdings in ExxonMobil by 2.0% during the fourth quarter. Fortis Capital Management LLC now owns 3,603 shares of the oil and gas company's stock worth $434,000 after buying an additional 70 shares during the last quarter. Peoples Bank OH increased its holdings in ExxonMobil by 0.5% during the fourth quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company's stock worth $1,804,000 after buying an additional 71 shares during the last quarter. Finally, Paulson Wealth Management Inc. raised its position in ExxonMobil by 1.0% in the fourth quarter. Paulson Wealth Management Inc. now owns 7,368 shares of the oil and gas company's stock worth $887,000 after acquiring an additional 72 shares during the period. 61.80% of the stock is owned by institutional investors.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $136.41 on Friday. The company's fifty day moving average price is $148.59 and its 200-day moving average price is $143.96. 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 firm has a market capitalization of $565.43 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 0.58 and a beta of 0.16. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business earned $1.76 earnings per share. On average, equities research analysts anticipate that ExxonMobil Corporation will post 11.86 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, May 15th. ExxonMobil's dividend payout ratio is presently 69.48%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil received a legal boost when the Supreme Court revived its billion-dollar Cuba claim, which could support future recoveries if the case ultimately goes Exxon’s way.
• Positive Sentiment: ExxonMobil’s application to expand its footprint in Guyana points to continued investment in a key growth region, reinforcing the company’s long-term production potential.
• Positive Sentiment: Analyst and investor commentary continues to frame ExxonMobil as a dividend and value play, which may help limit downside among income-focused investors.
• Neutral Sentiment: Articles comparing ExxonMobil with Enterprise Products and discussing oil stocks broadly suggest investors are still weighing Exxon’s resilience against softer oil prices and midstream alternatives.
• Neutral Sentiment: Commentary on ExxonMobil’s long-term evolution and cash-flow valuation was generally constructive, but did not point to an immediate catalyst.
• Negative Sentiment: Crude oil dropped to its lowest level since the Iran conflict began, which pressured energy shares including ExxonMobil by reducing expected near-term upstream profits.
• Negative Sentiment: President Trump ordered a DOJ probe into ExxonMobil and other oil companies over elevated natural gas prices, creating headline risk and potential regulatory overhang.
• Negative Sentiment: Recent market coverage noted ExxonMobil had already pulled back over the past month, reflecting investor caution as energy prices and sector sentiment softened.

Wall Street Analyst Weigh In

A number of research analysts have recently weighed in on the stock. HSBC increased their target price on shares of ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a research report on Friday, March 20th. Morgan Stanley lowered their price target on shares of ExxonMobil from $172.00 to $171.00 and set an "overweight" rating on the stock in a report on Friday, April 17th. Piper Sandler reduced their price objective on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a report on Thursday, April 9th. Royal Bank Of Canada reissued a "sector perform" rating and issued a $180.00 target price on shares of ExxonMobil in a research report on Tuesday, May 5th. Finally, BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the company a "neutral" rating in a research note on Friday, April 17th. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of "Moderate Buy" and an average price target of $165.70.

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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