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Keybank National Association OH Has $170.92 Million Stock Holdings in ExxonMobil Corporation $XOM

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Key Points

  • KeyBank National Association OH increased its ExxonMobil stake by 13.1% in Q4 to 1,420,276 shares, valued at about $170.92 million, as part of overall institutional ownership of 61.80%.
  • ExxonMobil beat Q1 estimates with EPS of $1.16 versus $0.98 and revenue of $83.16 billion versus $81.13 billion, while management cited production gains (Guyana, Golden Pass) and warned the Iran conflict could push oil prices higher.
  • Dividend and analyst outlook: Exxon declared a $1.03 quarterly dividend (annualized $4.12, 2.7% yield; ex‑dividend May 15), and analysts hold a consensus "Moderate Buy" rating with an average price target of $161.55.
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Keybank National Association OH increased its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 13.1% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 1,420,276 shares of the oil and gas company's stock after purchasing an additional 164,008 shares during the quarter. Keybank National Association OH's holdings in ExxonMobil were worth $170,916,000 as of its most recent filing with the SEC.

Other large investors have also bought and sold shares of the company. Midwest Capital Advisors LLC bought a new stake in ExxonMobil during the 4th quarter worth approximately $27,000. Key Capital Management INC bought a new stake in ExxonMobil during the 4th quarter worth approximately $28,000. Nvest Wealth Strategies Inc. bought a new stake in ExxonMobil during the 4th quarter worth approximately $32,000. DecisionPoint Financial LLC increased its stake in ExxonMobil by 968.0% during the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock worth $32,000 after purchasing an additional 242 shares in the last quarter. Finally, Westfuller Advisors LLC bought a new stake in ExxonMobil during the 3rd quarter worth approximately $30,000. 61.80% of the stock is owned by institutional investors.

Insider Buying and Selling at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm's stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company's stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders have sold 11,460 shares of company stock valued at $1,687,854 over the last three months. 0.03% of the stock is currently owned by company insiders.

ExxonMobil Price Performance

Shares of XOM opened at $153.10 on Friday. The stock has a market capitalization of $636.38 billion, a P/E ratio of 22.89, a P/E/G ratio of 0.70 and a beta of 0.29. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a 50 day moving average of $154.98 and a 200-day moving average of $134.93. 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 (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share 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 analysts' expectations of $81.13 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business's quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the business earned $1.76 EPS. As a group, equities research analysts forecast that ExxonMobil Corporation will post 11.18 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil's dividend payout ratio (DPR) is currently 61.58%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

Analysts Set New Price Targets

XOM has been the subject of a number of research reports. Royal Bank Of Canada increased their target price on ExxonMobil from $160.00 to $180.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 9th. Piper Sandler lowered their target price on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a research note on Thursday, April 9th. Jefferies Financial Group raised their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research note on Thursday, April 9th. Mizuho raised their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a research note on Tuesday, March 17th. Finally, JPMorgan Chase & Co. raised their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $161.55.

Check Out Our Latest Stock Analysis on XOM

ExxonMobil Company Profile

(Free Report)

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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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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