ExxonMobil Corporation $XOM Shares Bought by Fifth Third Wealth Advisors LLC

Fifth Third Wealth Advisors LLC lifted its position in ExxonMobil Corporation (NYSE:XOM) by 9.8% in the first quarter, HoldingsChannel reports. The firm owned 195,198 shares of the oil and gas company’s stock after buying an additional 17,416 shares during the period. ExxonMobil makes up about 1.1% of Fifth Third Wealth Advisors LLC’s portfolio, making the stock its 16th biggest holding. Fifth Third Wealth Advisors LLC’s holdings in ExxonMobil were worth $33,117,000 at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $26,000. Midwest Capital Advisors LLC purchased a new position in ExxonMobil during the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. increased its position in shares of ExxonMobil by 456.1% during the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after acquiring an additional 187 shares during the last quarter. Key Capital Management INC purchased a new stake in shares of ExxonMobil in the 4th quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new position in shares of ExxonMobil in the 4th quarter worth approximately $32,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil received a legal boost when the Supreme Court revived its billion-dollar Cuba claim, which could support future recoveries if the case ultimately goes Exxon’s way.
• Positive Sentiment: ExxonMobil’s application to expand its footprint in Guyana points to continued investment in a key growth region, reinforcing the company’s long-term production potential.
• Positive Sentiment: Analyst and investor commentary continues to frame ExxonMobil as a dividend and value play, which may help limit downside among income-focused investors.
• Neutral Sentiment: Articles comparing ExxonMobil with Enterprise Products and discussing oil stocks broadly suggest investors are still weighing Exxon’s resilience against softer oil prices and midstream alternatives.
• Neutral Sentiment: Commentary on ExxonMobil’s long-term evolution and cash-flow valuation was generally constructive, but did not point to an immediate catalyst.
• Negative Sentiment: Crude oil dropped to its lowest level since the Iran conflict began, which pressured energy shares including ExxonMobil by reducing expected near-term upstream profits.
• Negative Sentiment: President Trump ordered a DOJ probe into ExxonMobil and other oil companies over elevated natural gas prices, creating headline risk and potential regulatory overhang.
• Negative Sentiment: Recent market coverage noted ExxonMobil had already pulled back over the past month, reflecting investor caution as energy prices and sector sentiment softened.

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XOM shares. Piper Sandler dropped their price objective on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Wells Fargo & Company raised their target price on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. TD Cowen reaffirmed a “buy” rating on shares of ExxonMobil in a research report on Monday, June 15th. Weiss Ratings cut shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Finally, Citigroup increased their target price on shares of ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Eleven analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus price target of $165.70.

ExxonMobil Price Performance

ExxonMobil stock opened at $136.41 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The business has a 50 day simple moving average of $148.59 and a 200-day simple moving average of $143.96. ExxonMobil Corporation has a 12 month low of $105.53 and a 12 month high of $176.41. The stock has a market capitalization of $565.43 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 0.58 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. ExxonMobil’s revenue was up 2.4% compared to the same quarter last year. During the same period in the previous year, the company posted $1.76 EPS. Equities analysts predict that ExxonMobil Corporation will post 11.86 earnings per share for the current year.

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.0%. The ex-dividend date was Friday, May 15th. ExxonMobil’s payout ratio is 69.48%.

About ExxonMobil

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.