111 Capital Makes New Investment in ExxonMobil Corporation $XOM

111 Capital acquired a new position in shares of ExxonMobil Corporation (NYSE:XOM) in the fourth quarter, Holdings Channel.com reports. The firm acquired 12,111 shares of the oil and gas company’s stock, valued at approximately $1,457,000.

A number of other large investors also recently added to or reduced their stakes in the stock. Capital Investment Advisors LLC raised its stake in shares of ExxonMobil by 6.6% in the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after purchasing an additional 14,233 shares during the last quarter. New Age Alpha Advisors LLC raised its stake in shares of ExxonMobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after purchasing an additional 8,853 shares during the last quarter. Krilogy Financial LLC raised its stake in shares of ExxonMobil by 46.6% in the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after purchasing an additional 11,177 shares during the last quarter. Varma Mutual Pension Insurance Co raised its stake in shares of ExxonMobil by 8.6% in the third quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock worth $73,885,000 after purchasing an additional 51,900 shares during the last quarter. Finally, Roberts Capital Advisors LLC purchased a new stake in shares of ExxonMobil in the third quarter worth approximately $1,240,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil’s advantaged, low-cost assets are highlighted as key growth drivers that can strengthen cash flow and improve resilience, especially if oil prices stay elevated. Here’s How ExxonMobil’s Advantaged Assets Drive Growth and Resilience
• Positive Sentiment: XOM was also described as a top-ranked momentum stock, which may reinforce bullish sentiment among traders looking for relative strength. Exxon Mobil (XOM) is a Top-Ranked Momentum Stock: Should You Buy?
• Positive Sentiment: Several market pieces point to oil stocks staying in focus as geopolitical tensions continue, which can support ExxonMobil through expectations for firmer crude prices. CVX, XOM and SHEL Forecasts – Oil Stocks in Focus as Conflict Continues
• Neutral Sentiment: Analysts and media continue to list ExxonMobil among attractive low-cost energy stocks, and recent price-target revisions remain broadly supportive of the valuation. Exxon Mobil Corporation (XOM) Among the Best Low Cost Stocks to Buy Now
• Neutral Sentiment: Some commentary notes ExxonMobil’s Q1 production dipped versus the prior quarter, which could temper enthusiasm if investors focus on output trends rather than longer-term asset quality. Decoupling Exxon’s Production Growth From Market Reality
• Negative Sentiment: Broader energy-market coverage suggests some caution around the timing of new capital spending and how quickly oil prices can sustain recent strength, which may be weighing on sentiment for large integrated producers like XOM. As the Iran conflict shakes up oil market, where can investors find value?

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

ExxonMobil Price Performance

NYSE:XOM opened at $150.18 on Friday. The firm has a market capitalization of $622.51 billion, a price-to-earnings ratio of 25.33, a P/E/G ratio of 0.65 and a beta of 0.16. ExxonMobil Corporation has a 52-week low of $102.68 and a 52-week high of $176.41. The stock has a fifty day moving average of $153.96 and a 200 day moving average of $141.27. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04.

ExxonMobil (NYSE:XOM) last posted 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 during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $1.76 earnings per share. On average, research analysts expect that ExxonMobil Corporation will post 11.66 EPS for the current fiscal year.

ExxonMobil Announces Dividend

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

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. TD Cowen decreased their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research report on Friday, April 10th. Jefferies Financial Group increased 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. Sanford C. Bernstein decreased their price target on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. Morgan Stanley decreased their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research report on Friday, April 17th. Finally, Wells Fargo & Company increased their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, ExxonMobil has an average rating of “Hold” and a consensus price target of $165.55.

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.