ExxonMobil Corporation $XOM Shares Bought by NTV Asset Management LLC
by Kim Johansen · The Markets DailyNTV Asset Management LLC increased its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 8.6% during the 3rd quarter, Holdings Channel reports. The firm owned 75,193 shares of the oil and gas company’s stock after purchasing an additional 5,943 shares during the quarter. ExxonMobil comprises approximately 1.1% of NTV Asset Management LLC’s portfolio, making the stock its 19th biggest holding. NTV Asset Management LLC’s holdings in ExxonMobil were worth $12,238,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also bought and sold shares of XOM. WP Advisors LLC lifted its position in ExxonMobil by 3.0% during the third quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock valued at $353,000 after purchasing an additional 63 shares during the last quarter. Avant Capital LLC grew its stake in ExxonMobil by 0.6% in the 2nd quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after buying an additional 65 shares in the last quarter. Impact Partnership Wealth LLC grew its stake in ExxonMobil by 0.6% in the 1st quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock worth $2,039,000 after buying an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance increased its holdings in shares of ExxonMobil by 1.9% in the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock worth $631,000 after buying an additional 68 shares during the last quarter. Finally, Core Wealth Advisors Inc. increased its holdings in shares of ExxonMobil by 1.0% in the 1st quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock worth $1,155,000 after buying an additional 68 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
ExxonMobil Stock Performance
NYSE:XOM opened at $183.23 on Monday. The business has a 50 day moving average of $165.80 and a 200 day moving average of $155.03. The company has a market capitalization of $759.46 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 0.92 and a beta of 0.21. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $183.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (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 firm had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same period in the prior year, the company earned $1.64 EPS. On average, sell-side analysts predict that ExxonMobil Corporation will post 13.63 earnings per share for the current fiscal year.
ExxonMobil Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is 53.02%.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
- Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
- Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
- Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
- Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
- Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption
Analysts Set New Price Targets
Several research firms have recently weighed in on XOM. The Goldman Sachs Group restated a “neutral” rating and set a $178.00 price objective on shares of ExxonMobil in a research report on Tuesday, October 20th. Morgan Stanley lifted their price objective on shares of ExxonMobil from $177.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, October 15th. Jefferies Financial Group upped their target price on shares of ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a research report on Monday, August 17th. Argus increased their target price on ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Finally, Barclays increased their target price on ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a research note on Monday, October 19th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $167.70.
Read Our Latest Stock Analysis on ExxonMobil
ExxonMobil Company Profile
Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.
Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.
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