Sandro Wealth Management LLC bought a new position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) during the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 21,982 shares of the oil and gas company's stock, valued at approximately $2,645,000. ExxonMobil makes up 2.2% of Sandro Wealth Management LLC's portfolio, making the stock its 12th largest position.
Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Capital Management LLC grew its stake in ExxonMobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company's stock valued at $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP purchased a new position in ExxonMobil in the first quarter valued at about $305,000. Sivia Capital Partners LLC grew its stake in ExxonMobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company's stock valued at $1,211,000 after purchasing an additional 207 shares during the last quarter. United Bank grew its stake in ExxonMobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company's stock valued at $2,352,000 after purchasing an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. grew its stake in ExxonMobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company's stock valued at $3,957,000 after purchasing an additional 5,443 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.
ExxonMobil Price Performance
Shares of NYSE XOM opened at $153.10 on Monday. 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 company has a market cap of $636.38 billion, a PE ratio of 25.82, a P/E/G ratio of 0.69 and a beta of 0.19. The business has a 50-day simple moving average of $154.98 and a two-hundred day simple moving average of $135.25. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41.
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 business had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $1.76 earnings per share. As a group, equities analysts expect 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. Shareholders of record on Friday, May 15th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a 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%.
Insiders Place Their Bets
In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the firm'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 approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 6,460 shares of company stock valued at $989,104 over the last three months. 0.03% of the stock is currently owned by company insiders.
Analyst Ratings Changes
XOM has been the topic of several analyst reports. Sanford C. Bernstein cut their target price on ExxonMobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Wolfe Research lowered ExxonMobil from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, April 21st. Jefferies Financial Group lifted their target price on ExxonMobil from $178.00 to $184.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. HSBC lifted their target price on ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a research note on Friday, March 20th. Finally, Mizuho lifted their target price on ExxonMobil from $140.00 to $162.00 and gave the company a "neutral" rating in a research note on Tuesday, March 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $161.55.
View Our Latest Stock Report on ExxonMobil
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
About ExxonMobil
(
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.
Featured Articles
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider ExxonMobil, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ExxonMobil wasn't on the list.
While ExxonMobil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.