Van Hulzen Asset Management LLC Has $17.13 Million Holdings in ExxonMobil Corporation $XOM

Van Hulzen Asset Management LLC boosted its holdings in ExxonMobil Corporation (NYSE:XOM) by 2.8% during the 4th quarter, HoldingsChannel.com reports. The institutional investor owned 142,344 shares of the oil and gas company’s stock after acquiring an additional 3,914 shares during the quarter. ExxonMobil makes up approximately 1.3% of Van Hulzen Asset Management LLC’s holdings, making the stock its 24th biggest holding. Van Hulzen Asset Management LLC’s holdings in ExxonMobil were worth $17,130,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the business. Northern Trust Corp boosted its stake in ExxonMobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after buying an additional 445,283 shares in the last quarter. Franklin Resources Inc. boosted its stake in ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Capital Research Global Investors boosted its stake in ExxonMobil by 0.4% in the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after buying an additional 127,466 shares in the last quarter. Fisher Asset Management LLC boosted its stake in ExxonMobil by 1.1% in the third quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock valued at $3,517,179,000 after buying an additional 340,785 shares in the last quarter. Finally, Legal & General Group Plc boosted its stake in ExxonMobil by 4.5% in the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock valued at $2,299,687,000 after buying an additional 886,087 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the completion of the transaction, the vice president directly owned 18,204 shares in the company, valued at $2,872,955.28. This trade represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by company insiders.

ExxonMobil Price Performance

ExxonMobil stock opened at $155.38 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $644.06 billion, a PE ratio of 26.20, a P/E/G ratio of 0.68 and a beta of 0.19. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The stock has a 50-day moving average price of $155.73 and a two-hundred day moving average price of $138.83.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18. The firm 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 business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same period last year, the company earned $1.76 earnings per share. Analysts expect that ExxonMobil Corporation will post 11.49 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

Analyst Ratings Changes

XOM has been the topic of several research analyst reports. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of ExxonMobil in a research note on Friday, April 10th. Bank of America increased their target price on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. UBS Group increased their target price on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Sanford C. Bernstein dropped their target price on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Finally, Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $163.95.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is reportedly in talks to acquire rights to produce oil in Venezuela, a potential reopening of a market it left roughly 20 years ago and had recently called “uninvestable,” which could add a meaningful long-term production opportunity if geopolitical conditions allow. Article Title
• Positive Sentiment: Exxon, QatarEnergy, and Egypt signed a preliminary agreement to study Cyprus gas development, reinforcing ExxonMobil’s LNG and gas growth strategy and its ability to monetize new discoveries through existing regional infrastructure. Article Title
• Positive Sentiment: Analyst commentary highlighted ExxonMobil’s resilience, pointing to its strong balance sheet, low debt, and ability to keep funding projects and dividends even when oil and gas prices fluctuate. Article Title
• Positive Sentiment: ExxonMobil’s LNG footprint is expanding, with coverage noting rising power demand and additional export capacity as supportive of long-term growth. Article Title
• Neutral Sentiment: Technical analysis suggests XOM is pulling back after a breakout and testing support levels, which leaves the near-term trend dependent on whether buyers defend those levels. Article Title
• Neutral Sentiment: Several articles on valuation, peer comparisons, and “top oil stock” watchlists may support investor interest, but they do not add a major new fundamental catalyst by themselves. Article Title
• Negative Sentiment: Ongoing governance and proxy-adviser conflict headlines, including Exxon’s fight with ISS and Glass Lewis, keep legal and boardroom friction in view and could weigh on sentiment if the dispute escalates. Article Title

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.