ExxonMobil Corporation $XOM Holdings Decreased by Strs Ohio

Key Points

• Strs Ohio decreased holdings in ExxonMobil by 3.5% in Q4 to 2,090,076 shares valued at $251.52 million, representing 0.9% of the fund and the stock's 14th-largest position.
• Exxon beat Q1 estimates with adjusted EPS of $1.16 vs. $0.98 and revenue of $83.16B vs. $81.13B, while management highlighted record Guyana output and first LNG at Golden Pass and warned the Iran conflict could push oil prices higher.
• The company declared a quarterly dividend of $1.03 ($4.12 annualized), a 2.7% yield, payable June 10 to shareholders of record on May 15.

Strs Ohio decreased its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 2,090,076 shares of the oil and gas company's stock after selling 76,134 shares during the quarter. ExxonMobil accounts for approximately 0.9% of Strs Ohio's holdings, making the stock its 14th biggest position. Strs Ohio's holdings in ExxonMobil were worth $251,520,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Maryland State Retirement & Pension System boosted its position in ExxonMobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company's stock valued at $24,342,000 after purchasing an additional 5,573 shares during the last quarter. Capital Investment Advisors LLC boosted its position in 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 during the last quarter. New Age Alpha Advisors LLC boosted its position in ExxonMobil by 5.6% during the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock valued at $18,778,000 after purchasing an additional 8,853 shares during the last quarter. HORAN Wealth LLC boosted its position in ExxonMobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company's stock valued at $1,486,000 after purchasing an additional 5,788 shares during the last quarter. Finally, Krilogy Financial LLC boosted its position in ExxonMobil by 46.6% during the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company's stock valued at $3,997,000 after purchasing an additional 11,177 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insider Buying and Selling at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company's stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 6,460 shares of company stock valued at $989,104 over the last ninety days. 0.03% of the stock is owned by insiders.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $153.10 on Monday. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The business has a 50-day moving average of $154.98 and a two-hundred day moving average of $135.25. The stock has a market capitalization of $636.38 billion, a P/E ratio of 25.82, a P/E/G ratio of 0.69 and a beta of 0.19. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $83.16 billion during the quarter, compared to analysts' expectations of $81.13 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. The business's quarterly revenue was up 2.4% compared to the same quarter last year. On average, equities research analysts predict that ExxonMobil Corporation will post 11.18 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil's payout ratio is currently 61.58%.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of research reports. Scotiabank lifted their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a "sector outperform" rating in a research report on Wednesday, April 22nd. Loop Capital set a $123.00 price objective on ExxonMobil in a research report on Tuesday, February 3rd. BMO Capital Markets reissued a "market perform" rating and set a $155.00 price objective on shares of ExxonMobil in a research report on Wednesday, February 4th. Morgan Stanley reduced their price objective on ExxonMobil from $172.00 to $171.00 and set an "overweight" rating for the company in a research report on Friday, April 17th. Finally, UBS Group reaffirmed a "buy" rating and issued a $171.00 price target on shares of ExxonMobil in a research report on Monday, February 2nd. One investment 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 stock. According to MarketBeat.com, ExxonMobil currently has a consensus rating of "Moderate Buy" and a consensus price target of $161.55.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

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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