Vestmark Advisory Solutions Inc. Has $35.41 Million Stock Position in ExxonMobil Corporation $XOM

Vestmark Advisory Solutions Inc. increased its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 269.6% during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 294,231 shares of the oil and gas company’s stock after acquiring an additional 214,620 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in ExxonMobil were worth $35,408,000 at the end of the most recent reporting period.

Several other large investors have also recently bought and sold shares of XOM. Capital Investment Advisors LLC increased its position in shares of ExxonMobil by 6.6% during the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after purchasing an additional 14,233 shares during the period. New Age Alpha Advisors LLC increased its position in shares of ExxonMobil by 5.6% during the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after purchasing an additional 8,853 shares during the period. HORAN Wealth LLC increased its position in shares of ExxonMobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the period. Krilogy Financial LLC increased its position in shares of ExxonMobil by 46.6% during the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock valued at $3,997,000 after purchasing an additional 11,177 shares during the period. Finally, Varma Mutual Pension Insurance Co increased its position in shares of ExxonMobil by 8.6% during the third quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock valued at $73,885,000 after purchasing an additional 51,900 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting ExxonMobil

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

Insider Transactions at ExxonMobil

In related 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 value of $339,313.00. Following the transaction, the vice president 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 0.03% of the stock is currently owned by corporate insiders.

Analyst Upgrades and Downgrades

A number of research firms have recently issued reports on XOM. Loop Capital set a $123.00 price objective on ExxonMobil in a research report on Tuesday, February 3rd. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, April 21st. Bank of America upped their price target on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler lowered their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research report on Thursday, April 9th. Finally, UBS Group upped their price target on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $163.95.

ExxonMobil Price Performance

Shares of XOM stock opened at $155.38 on Friday. The stock’s fifty day moving average is $155.73 and its 200-day moving average is $138.83. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock has a market capitalization of $644.06 billion, a PE ratio of 26.20, a PEG ratio of 0.68 and a beta of 0.19. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping the consensus estimate 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 analysts’ expectations of $81.13 billion. During the same quarter in the previous year, the company posted $1.76 EPS. ExxonMobil’s revenue was up 2.4% on a year-over-year basis. Equities research analysts expect that ExxonMobil Corporation will post 11.49 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a $1.03 dividend. The ex-dividend date 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%.

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.