15,178 Shares in ExxonMobil Corporation $XOM Acquired by TMB Capital Partners LLC

TMB Capital Partners LLC bought a new position in ExxonMobil Corporation (NYSE:XOM) during the 4th quarter, Holdings Channel reports. The institutional investor bought 15,178 shares of the oil and gas company’s stock, valued at approximately $1,827,000.

Several other large investors have also recently bought and sold shares of the company. Berbice Capital Management LLC purchased a new position in ExxonMobil during the fourth quarter worth about $26,000. Midwest Capital Advisors LLC purchased a new stake in shares of ExxonMobil in the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of ExxonMobil by 456.1% in the 4th 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 in the last quarter. Key Capital Management INC bought a new stake in shares of ExxonMobil during the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of ExxonMobil during the fourth quarter worth about $32,000. 61.80% of the stock is owned by institutional investors.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil advanced a major new exploration push in Guyana’s Stabroek Block, planning up to 35 additional wells from 2028 through 2033, which could add long-term production growth. Article Title
• Positive Sentiment: The company signed a preliminary deal to supply LNG to South Africa’s first planned import terminal, expanding its international gas footprint and supporting its LNG growth strategy. Article Title
• Positive Sentiment: Analysts continue to view ExxonMobil as relatively resilient versus the broader oil market because of its low-cost, diversified production base. Article Title

Wall Street Analyst Weigh In

Several research analysts recently weighed in on XOM shares. JPMorgan Chase & Co. upped their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. UBS Group lifted their target price on shares of ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research report on Monday, May 4th. Weiss Ratings cut shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research note on Thursday, May 21st. Wells Fargo & Company increased their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Finally, Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a research report on Tuesday, May 5th. Eleven analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $165.70.

ExxonMobil Stock Down 2.1%

Shares of NYSE XOM opened at $137.84 on Friday. The stock has a market capitalization of $571.36 billion, a P/E ratio of 23.25, a PEG ratio of 0.60 and a beta of 0.16. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41. The firm’s 50 day simple moving average is $150.34 and its two-hundred day simple moving average is $143.26. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

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

ExxonMobil Announces Dividend

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

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.