Duncker Streett & Co. Inc. Buys 30,786 Shares of ExxonMobil Corporation $XOM

Key Points

• Duncker Streett & Co. Inc. increased its stake in ExxonMobil by 48.6%, buying 30,786 shares to hold 94,078 shares worth about $11.32 million, representing roughly 2.0% of its portfolio and the firm's 13th largest holding.
• Analyst sentiment is cautiously positive: ExxonMobil has a consensus rating of “Moderate Buy” with a consensus target price of $161.55 (1 Strong Buy, 10 Buy, 10 Hold among covering analysts).
• On fundamentals, Exxon reported quarterly EPS of $1.71 (beating estimates), has a market cap of about $626 billion, and pays a quarterly dividend of $1.03 (annualized yield ~2.7%).

Duncker Streett & Co. Inc. grew its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 48.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 94,078 shares of the oil and gas company's stock after purchasing an additional 30,786 shares during the quarter. ExxonMobil makes up approximately 2.0% of Duncker Streett & Co. Inc.'s investment portfolio, making the stock its 13th largest holding. Duncker Streett & Co. Inc.'s holdings in ExxonMobil were worth $11,321,000 as of its most recent SEC filing.

A number of other hedge funds have also bought and sold shares of the business. Northern Trust Corp increased its position in ExxonMobil by 1.0% during 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 position in ExxonMobil by 7.4% during 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. Capital Research Global Investors increased its position in ExxonMobil by 0.4% during 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. Fisher Asset Management LLC increased its position in ExxonMobil by 1.1% during the third quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company's stock worth $3,517,179,000 after acquiring an additional 340,785 shares during the period. Finally, Legal & General Group Plc increased its position in ExxonMobil by 4.5% during the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company's stock worth $2,299,687,000 after acquiring an additional 886,087 shares during the period. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of equities analysts recently commented on XOM shares. Wolfe Research lowered shares of ExxonMobil from an "outperform" rating to a "peer perform" rating in a research report on Tuesday. Zacks Research raised shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Citigroup raised their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the stock a "neutral" rating in a research report on Thursday, April 2nd. Piper Sandler lowered their price target on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. Finally, Sanford C. Bernstein lowered their price target on shares of ExxonMobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a research report on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, ExxonMobil has a consensus rating of "Moderate Buy" and a consensus target price of $161.55.

ExxonMobil Trading Up 0.7%

Shares of ExxonMobil stock opened at $150.61 on Friday. The company has a market capitalization of $626.01 billion, a price-to-earnings ratio of 22.51, a PEG ratio of 0.76 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12-month low of $101.18 and a 12-month high of $176.41. The firm's 50-day moving average price is $154.74 and its two-hundred day moving average price is $133.61.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.08. The firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business's revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 earnings per share. On average, analysts forecast that ExxonMobil Corporation will post 9.94 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, February 12th. ExxonMobil's dividend payout ratio is presently 61.58%.

Insider Transactions at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Insiders have sold 11,460 shares of company stock worth $1,687,854 in the last 90 days. Corporate insiders own 0.03% of the company's stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
• Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
• Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a "strong‑buy" and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
• Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
• Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
• Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
• Neutral Sentiment: Featured in investor idea pieces — XOM appears in "high‑flying" and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.

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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