Teacher Retirement System of Texas boosted its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 1.4% in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 1,352,839 shares of the oil and gas company’s stock after acquiring an additional 18,566 shares during the quarter. ExxonMobil accounts for about 0.6% of Teacher Retirement System of Texas’ investment portfolio, making the stock its 21st largest holding. Teacher Retirement System of Texas’ holdings in ExxonMobil were worth $162,801,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors also recently bought and sold shares of the stock. Mystic Asset Management Inc. boosted its holdings in ExxonMobil by 0.4% during the 4th quarter. Mystic Asset Management Inc. now owns 43,390 shares of the oil and gas company’s stock valued at $5,222,000 after acquiring an additional 162 shares during the period. Joseph P. Lucia & Associates LLC boosted its holdings in ExxonMobil by 63.1% during the 4th quarter. Joseph P. Lucia & Associates LLC now owns 3,431 shares of the oil and gas company’s stock valued at $413,000 after acquiring an additional 1,327 shares during the period. Wealth Management Nebraska boosted its holdings in ExxonMobil by 62.5% during the 4th quarter. Wealth Management Nebraska now owns 3,454 shares of the oil and gas company’s stock valued at $416,000 after acquiring an additional 1,329 shares during the period. Rather & Kittrell Inc. boosted its holdings in ExxonMobil by 4.5% during the 4th quarter. Rather & Kittrell Inc. now owns 7,602 shares of the oil and gas company’s stock valued at $915,000 after acquiring an additional 325 shares during the period. Finally, Kanawha Capital Management LLC boosted its holdings in ExxonMobil by 3.2% during the 4th quarter. Kanawha Capital Management LLC now owns 144,394 shares of the oil and gas company’s stock valued at $17,376,000 after acquiring an additional 4,411 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal — a commercial milestone that supports longer‑term gas export volumes and cash flow potential. Exxon, QatarEnergy ship first LNG cargo from Golden Pass export terminal
- Positive Sentiment: XOM awarded Saipem a $150M contract for engineering and procurement on the Guyana Longtail development — progress on Guyana projects supports production growth guidance and project de‑risking. ExxonMobil Awards Saipem $150M Contract for Longtail Development
- Positive Sentiment: Short interest fell sharply in April (down ~19% vs. March) to ~43M shares, reducing a potential short squeeze risk and signalling some bearish positions were closed. Source: short interest release
- Positive Sentiment: Zacks upgraded Exxon from “hold” to “strong-buy,” which can attract buy-side interest and retail flows following the upgrade. Zacks upgrade coverage
- Positive Sentiment: Analyst commentary highlights production gains and the company’s low‑carbon/clean energy initiatives, reinforcing longer‑term upside narratives after a strong YTD rally. Zacks Analyst Blog on ExxonMobil
- Neutral Sentiment: Reports say Exxon is weighing a sale of its Esso retail network in Hong Kong as it refocuses capital in Asia — proceeds could be redeployed to higher‑return projects, but the move is a strategic reshuffle rather than an immediate EPS driver. Exxon Mobil Weighs Hong Kong Esso Sale And Refocuses Capital Priorities
- Neutral Sentiment: Exxon is raising plastics prices amid sector supply disruptions — supports near‑term margins in chemicals but exposure is mixed given cyclical demand. This Is Why Exxon Mobil Is Hiking Plastics Prices
- Neutral Sentiment: Options/income‑strategy writeups promote yield plays on XOM stock — may increase retail option activity but are not a fundamental earnings driver. Turn Exxon Mobil Stock into an Income Machine with This Options Play
- Negative Sentiment: Zacks preview notes analysts expect a decline in upcoming EPS, suggesting Exxon lacks the mix for a likely earnings beat — weak near‑term results would pressure the stock. Analysts Estimate Exxon Mobil to Report a Decline in Earnings
- Negative Sentiment: Coverage noting that the long oil trade is cooling and XOM/CVX have pulled back after big YTD gains — sentiment rotation and profit‑taking are weighing on shares. Exxon and Chevron Up 20%+ YTD – Why the Long Oil Trade Is Stalling Out
ExxonMobil Trading Down 1.1%
ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.ExxonMobil’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 EPS. Analysts predict that ExxonMobil Corporation will post 9.94 EPS for the current year.
ExxonMobil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. ExxonMobil’s dividend payout ratio is presently 61.58%.
Analyst Ratings Changes
XOM has been the subject of several analyst reports. Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a report on Friday, April 10th. Mizuho increased their target price on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. BMO Capital Markets restated a “market perform” rating and set a $155.00 target price on shares of ExxonMobil in a report on Wednesday, February 4th. Loop Capital set a $123.00 target price on ExxonMobil in a report on Tuesday, February 3rd. Finally, Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday. 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 company presently has a consensus rating of “Moderate Buy” and an average price target of $161.55.
Get Our Latest Research Report on ExxonMobil
Insider Buying and Selling
In other news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. Corporate insiders own 0.03% of the company’s stock.
ExxonMobil Company 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.
Further Reading
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