Tudor Financial Inc. Grows Holdings in ExxonMobil Corporation $XOM

Tudor Financial Inc. raised its position in shares of ExxonMobil Corporation (NYSE:XOM) by 58.2% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 10,468 shares of the oil and gas company’s stock after purchasing an additional 3,851 shares during the quarter. Tudor Financial Inc.’s holdings in ExxonMobil were worth $1,431,000 as of its most recent SEC filing.

A number of other hedge funds have also modified their holdings of the company. Eagle Capital Management LLC lifted its holdings in ExxonMobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP bought a new stake in shares of ExxonMobil during the first quarter valued at approximately $305,000. Sivia Capital Partners LLC lifted its holdings in shares of ExxonMobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after buying an additional 207 shares in the last quarter. United Bank lifted its holdings in shares of ExxonMobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after buying an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its position in shares of ExxonMobil by 17.4% during the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after acquiring an additional 5,443 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Stock Performance

ExxonMobil stock opened at $162.28 on Friday. The company’s 50-day moving average price is $152.51 and its 200-day moving average price is $152.20. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The company has a market cap of $672.64 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.01 and a beta of 0.18. ExxonMobil Corporation has a twelve month low of $108.35 and a twelve month high of $176.41.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing the consensus estimate of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The company had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same quarter in the prior year, the business posted $1.64 EPS. On average, equities research analysts forecast that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Thursday, September 10th. Stockholders of record on Monday, August 17th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. ExxonMobil’s payout ratio is currently 53.02%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Dividend support remains a key attraction. ExxonMobil is reportedly positioned to raise its dividend for a 44th consecutive year. Second-quarter free cash flow exceeded dividend payments by nearly $13 billion, providing substantial coverage and supporting the stock’s appeal to income investors. 2 Energy Dividend Stocks With Growing Payouts, Led by ExxonMobil
• Positive Sentiment: Long-term cash-flow prospects are encouraging. ExxonMobil says free cash flow could potentially double by 2030, while analysts and financial publications continue to view XOM as a strong value and long-term-return candidate. Its low debt levels and scale add to the investment case. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?
• Positive Sentiment: Potential Venezuelan oil opportunities could benefit supermajors. U.S. efforts to open Venezuelan oil rights, amid broader supply concerns, may create opportunities for ExxonMobil to expand resources or production, although the company-specific benefits remain uncertain. Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
• Neutral Sentiment: AI investments may improve efficiency. ExxonMobil is among major oil companies deploying artificial intelligence to reduce downtime, improve drilling decisions and enhance asset performance. These initiatives could support margins over time, but the financial impact is not yet quantified. 4 Oil & Gas Majors Using AI to Boost Efficiency and Execution
• Negative Sentiment: A sharp oil-price decline remains the principal risk. Coverage notes that ExxonMobil maintained or increased its dividend even when crude briefly fell below $58 per barrel, but a prolonged downturn could reduce upstream earnings and free cash flow, challenging dividend growth despite the company’s current coverage. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?

Analyst Ratings Changes

XOM has been the topic of a number of research reports. Barclays reduced their price target on shares of ExxonMobil from $182.00 to $177.00 and set an “overweight” rating on the stock in a report on Monday, August 17th. Sanford C. Bernstein cut their price objective on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Wells Fargo & Company reiterated an “overweight” rating and issued a $182.00 target price on shares of ExxonMobil in a research report on Monday, August 3rd. Finally, TD Cowen increased their price target on ExxonMobil from $155.00 to $168.00 and gave the company a “buy” rating in a research note on Friday, August 7th. Ten investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and a consensus target price of $167.45.

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.