Compound Planning Inc. Grows Stock Holdings in ExxonMobil Corporation $XOM

Key Points

• Compound Planning Inc. increased its ExxonMobil stake by 25.2% in Q4, adding 14,787 shares to bring its total to 73,531 shares valued at about $8.85 million.
• ExxonMobil continues to attract institutional interest, with hedge funds and other investors owning 61.8% of the stock and several firms recently raising their positions.
• Analysts remain broadly positive on XOM, with a Moderate Buy consensus and an average price target of $165.70, while the company also beat quarterly EPS and revenue expectations and maintains a 3.0% dividend yield.

Compound Planning Inc. grew its position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 25.2% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 73,531 shares of the oil and gas company's stock after acquiring an additional 14,787 shares during the period. Compound Planning Inc.'s holdings in ExxonMobil were worth $8,849,000 as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of the company. Capital Investment Advisors LLC boosted its position in shares of ExxonMobil by 6.6% during the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company's stock valued at $27,857,000 after purchasing an additional 14,233 shares in the last quarter. New Age Alpha Advisors LLC raised its holdings in ExxonMobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock worth $18,778,000 after purchasing an additional 8,853 shares in the last quarter. Roberts Capital Advisors LLC purchased a new position in ExxonMobil during the third quarter valued at $1,240,000. Midland Wealth Advisors LLC boosted its holdings in shares of ExxonMobil by 95.0% during the 3rd quarter. Midland Wealth Advisors LLC now owns 44,675 shares of the oil and gas company's stock valued at $5,037,000 after buying an additional 21,766 shares in the last quarter. Finally, Grantham Mayo Van Otterloo & Co. LLC grew its position in shares of ExxonMobil by 9.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 410,046 shares of the oil and gas company's stock worth $46,233,000 after buying an additional 33,950 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil advanced a major new exploration push in Guyana’s Stabroek Block, planning up to 35 additional wells from 2028 through 2033, which could add long-term production growth. Article Title
• Positive Sentiment: The company signed a preliminary deal to supply LNG to South Africa’s first planned import terminal, expanding its international gas footprint and supporting its LNG growth strategy. Article Title
• Positive Sentiment: Analysts continue to view ExxonMobil as relatively resilient versus the broader oil market because of its low-cost, diversified production base. Article Title

Analysts Set New Price Targets

Several research analysts recently issued reports on XOM shares. Piper Sandler decreased their price target on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a research note on Thursday, April 9th. JPMorgan Chase & Co. upped their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. Wells Fargo & Company raised their target price on shares of ExxonMobil from $183.00 to $185.00 and gave the company an "overweight" rating in a research note on Thursday, April 9th. Weiss Ratings lowered shares of ExxonMobil from a "hold (c+)" rating to a "hold (c)" rating in a report on Thursday, May 21st. Finally, UBS Group boosted their price target on ExxonMobil from $171.00 to $174.00 and gave the stock a "buy" rating in a research report on Monday, May 4th. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, ExxonMobil has an average rating of "Moderate Buy" and an average target price of $165.70.

ExxonMobil Price Performance

XOM opened at $137.84 on Friday. 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 capitalization of $571.36 billion, a P/E ratio of 23.25, a P/E/G ratio of 0.60 and a beta of 0.16. The company's 50-day simple moving average is $150.34 and its two-hundred day simple moving average is $143.26. ExxonMobil Corporation has a 52-week low of $105.53 and a 52-week high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts' consensus estimates 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 during the quarter, compared to analyst estimates of $81.13 billion. During the same period in the previous year, the business posted $1.76 earnings per share. The business's revenue for the quarter was up 2.4% on a year-over-year basis. As a group, analysts predict that ExxonMobil Corporation will post 11.86 EPS for the current year.

ExxonMobil Dividend Announcement

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

ExxonMobil 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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