Third View Private Wealth LLC purchased a new position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 60,227 shares of the oil and gas company’s stock, valued at approximately $7,248,000. ExxonMobil accounts for about 1.0% of Third View Private Wealth LLC’s portfolio, making the stock its 22nd biggest position.
Other institutional investors also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new position in ExxonMobil during the 3rd quarter worth $30,000. Clayton Financial Group LLC acquired a new position in ExxonMobil during the 3rd quarter worth $40,000. TruNorth Capital Management LLC boosted its position in ExxonMobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the period. Halbert Hargrove Global Advisors LLC increased its position in shares of ExxonMobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares during the period. Finally, Marquette Asset Management LLC increased its position in shares of ExxonMobil by 307.0% during the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 307 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.
ExxonMobil Stock Performance
Shares of NYSE XOM opened at $149.18 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $620.08 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 0.90 and a beta of 0.29. The stock’s fifty day simple moving average is $154.93 and its 200 day simple moving average is $132.23. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41.
ExxonMobil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s payout ratio is presently 61.58%.
Wall Street Analyst Weigh In
Several equities analysts have recently issued reports on the company. Royal Bank Of Canada lifted their price target on ExxonMobil from $160.00 to $180.00 and gave the company a “sector perform” rating in a research report on Thursday, April 9th. Morgan Stanley lifted their price target on ExxonMobil from $134.00 to $172.00 and gave the company an “overweight” rating in a research report on Friday, March 27th. Jefferies Financial Group lifted their price target on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. Finally, HSBC lifted their price target on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research report on Friday, March 20th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $159.20.
Check Out Our Latest Stock Analysis on XOM
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Strait of Hormuz disruption is lifting realized prices and export demand for U.S. barrels, improving near?term revenue and highlighting Exxon’s role in global supply re?routing. Exxon Mobil Gains Influence As Hormuz Blockade Rewrites Global Oil Trade
- Positive Sentiment: Exxon and partners signed a drilling contract to start exploratory deepwater work off western Greece, creating upside optionality if finds are commercial — a multi?year growth catalyst. ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years
- Positive Sentiment: Exxon’s partnerships plan to begin deepwater drilling offshore Greece by 2027, reinforcing the Reuters item and signaling multi?year exploration investment. ExxonMobil & Partners Plan to Begin Deepwater Drilling Offshore Greece
- Positive Sentiment: Exxon’s near?exclusive position supplying ultra?pure (“six nines”) helium to chipmakers is an underappreciated, high?margin niche that adds diversification and pricing power beyond oil & gas. Chip Makers Need Ultra-Pure Helium and Exxon Is Nearly the Sole Source of Six Nines Purity
- Neutral Sentiment: Exxon agreed to sell Thai gas assets to Horizon Oil — a portfolio reshaping move that could raise cash and simplify operations; market impact depends on deal terms and proceeds. ExxonMobil Signs Agreement to Sell Thai Gas Assets to Horizon Oil
- Negative Sentiment: Physical oil market signals from the North Sea show more offers than bids, suggesting weakening regional demand and falling physical premiums — a potential headwind for refinery margins and short?term oil pricing. There Are More Offers Than Bids For North Sea Oil
- Negative Sentiment: Exxon warned of a Q1 production decline tied to Middle East disruptions; lower volumes can meaningfully weigh on revenue even if prices remain elevated. Exxon Mobil (XOM) Expects Decline in Q1 Production Amid Middle East Disruptions
- Negative Sentiment: Short?term market sentiment has turned cautious — recent articles note a pullback in the stock and flags analysts/warners on valuation or risks, contributing to downward pressure on the share price. Exxon Mobil stock just got a warning Wall Street can’t ignore
Insider Activity
In related news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. In the last 90 days, insiders sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.
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.
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