Earned Wealth Advisors LLC Purchases 7,332 Shares of ExxonMobil Corporation $XOM

Earned Wealth Advisors LLC increased its position in ExxonMobil Corporation (NYSE:XOM) by 87.1% in the 4th quarter, HoldingsChannel reports. The institutional investor owned 15,746 shares of the oil and gas company’s stock after buying an additional 7,332 shares during the quarter. Earned Wealth Advisors LLC’s holdings in ExxonMobil were worth $1,895,000 at the end of the most recent reporting period.

Several other hedge funds also recently bought and sold shares of the company. Eagle Capital Management LLC boosted its holdings in shares of ExxonMobil by 15.3% during the 1st 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 bought a new position in shares of ExxonMobil during the 1st quarter valued at about $305,000. Sivia Capital Partners LLC boosted its holdings in shares of ExxonMobil by 1.9% during the 2nd 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 boosted its holdings in shares of ExxonMobil by 2.8% during the 2nd 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. boosted its holdings in shares of ExxonMobil by 17.4% during the 2nd 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. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Stock Up 0.7%

Shares of NYSE:XOM opened at $149.46 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.79 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 company has a 50-day moving average price of $154.73 and a 200 day moving average price of $133.49. The company has a market cap of $621.24 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 0.75 and a beta of 0.29.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. As a group, equities research analysts predict that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s dividend payout ratio (DPR) is presently 61.58%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated 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 owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by company insiders.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Scotiabank raised its price target on XOM to $163 and moved to a “sector outperform” view, signaling stronger analyst conviction and potential upside versus peers. Scotiabank raises XOM PT to $163 (Benzinga)
• Positive Sentiment: Analyst reports highlight Exxon’s production growth, Guyana success and low?carbon investments — reinforcing the growth and diversification narrative that supports valuation multiple expansion. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
• Positive Sentiment: Gabon expects to sign production?sharing contracts with BP and Exxon within 4–6 months — a near?term opportunity to boost upstream volumes and future cash flow. Gabon expects to sign production-sharing contracts with BP and Exxon (Reuters)
• Positive Sentiment: Exxon and peers are raising prices for plastics amid supply shocks tied to Middle East tensions — a margin tailwind for the chemicals segment if spreads hold. This Is Why Exxon Mobil Corporation (XOM) Is Hiking Plastics Prices (Yahoo)
• Positive Sentiment: Zacks added XOM to its Rank #1 (Strong Buy) lists (general and income focused), which can attract investor interest from momentum and income?seeking flows. New Strong Buy Stocks for April 22nd (Zacks)
• Neutral Sentiment: Bloomberg/Reuters report Exxon is exploring a sale of its Hong Kong gas?station network for $500–$600M — a noncore asset sale that could free cash and slightly improve capital allocation but is not material to overall free cash flow. Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations (Bloomberg)
• Negative Sentiment: Wolfe Research downgraded Exxon, saying shares look fairly valued after a recent rally — that could pressure sentiment and limit near?term upside from multiple expansion. Exxon downgraded at Wolfe (Seeking Alpha)
• Negative Sentiment: Ongoing governance disputes (proxy fights over board/CEO structure and shareholder voting) add investor uncertainty and could be a distraction during heightened geopolitical risk. Does Exxon’s Governance Standoff Amid Middle East Turmoil Change The Bull Case For XOM? (Yahoo)

Wall Street Analysts Forecast Growth

Several research analysts have commented on the stock. UBS Group reissued a “buy” rating and set a $171.00 price objective on shares of ExxonMobil in a report on Monday, February 2nd. Piper Sandler dropped their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Sanford C. Bernstein dropped their price objective on shares of ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 price objective on shares of ExxonMobil in a report on Wednesday, February 4th. Finally, Jefferies Financial Group increased their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and an average price target of $161.55.

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.