56,591 Shares in ExxonMobil Corporation $XOM Purchased by First Nebraska Trust Co

First Nebraska Trust Co bought a new position in ExxonMobil Corporation (NYSE:XOM) in the third quarter, HoldingsChannel reports. The fund bought 56,591 shares of the oil and gas company’s stock, valued at approximately $9,210,000. ExxonMobil makes up approximately 0.8% of First Nebraska Trust Co’s portfolio, making the stock its 27th biggest position.

Other institutional investors also recently modified their holdings of the company. Dimensional Fund Advisors LP increased its stake in shares of ExxonMobil by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock worth $4,812,790,000 after acquiring an additional 1,540,902 shares during the last quarter. Amundi raised its holdings in shares of ExxonMobil by 5.1% during the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock worth $4,158,563,000 after acquiring an additional 1,192,386 shares in the last quarter. GQG Partners LLC raised its holdings in shares of ExxonMobil by 153.3% during the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock worth $2,307,497,000 after acquiring an additional 10,214,420 shares in the last quarter. Swiss National Bank raised its holdings in shares of ExxonMobil by 5.9% during the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock worth $2,099,783,000 after acquiring an additional 693,800 shares in the last quarter. Finally, National Pension Service boosted its position in ExxonMobil by 1.8% during the second quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock valued at $1,321,265,000 after purchasing an additional 166,268 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Trading Down 1.2%

Shares of XOM stock opened at $177.50 on Wednesday. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $188.50. The company has a market cap of $735.72 billion, a PE ratio of 18.24, a price-to-earnings-growth ratio of 0.90 and a beta of 0.16. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The business’s 50 day moving average is $168.33 and its two-hundred day moving average is $154.86.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. The business had revenue of $110.50 billion during the quarter, compared to analysts’ expectations of $104.89 billion. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. During the same period in the previous year, the company earned $1.88 earnings per share. Equities analysts predict that ExxonMobil Corporation will post 13.61 EPS for the current year.

ExxonMobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be issued a $1.07 dividend. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, November 16th. This represents a $4.28 annualized dividend and a yield of 2.4%. ExxonMobil’s payout ratio is 42.34%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon beat third-quarter earnings expectations, with adjusted EPS of $4.23. Refining strength, improved margins and record downstream utilization helped offset weaker upstream earnings. How Investors Are Reacting To ExxonMobil Stock Earnings
• Positive Sentiment: Investors are also receiving substantial cash returns: Exxon raised its quarterly dividend to $1.07 per share and increased its share-repurchase authorization to $110 billion. UBS raised its price target to $213 and kept a Buy rating after the results. UBS raises ExxonMobil price target
• Positive Sentiment: XOM’s move above its 200-day moving average is a technical signal some investors view as supportive of a longer-term uptrend. The company also took a 50% stake in Mozambique LNG, adding to its long-term growth opportunities. ExxonMobil crosses its 200-day moving average
• Neutral Sentiment: Oil traders are weighing conflicting signals about U.S.-Iran tensions and the possibility of a deal. Any change in perceived supply risk could move crude prices—and Exxon’s upstream outlook—in either direction. Report on U.S.-Iran tensions and oil markets
• Negative Sentiment: After a strong run, XOM’s valuation is considered elevated, leaving less room for disappointment. Upstream earnings declined sequentially, and lower crude prices could add pressure; the retreat from recent highs suggests investors are taking profits and reassessing how much good news is already priced in. ExxonMobil stock valuation and outlook

Analyst Ratings Changes

A number of research analysts have commented on the company. Weiss Ratings upgraded ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. DZ Bank lowered ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research report on Tuesday, August 4th. HSBC reaffirmed a “hold” rating and set a $90.00 price target on shares of ExxonMobil in a research note on Friday, September 25th. Mizuho reduced their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. Finally, Jefferies Financial Group boosted their price target on ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research note on Monday, August 17th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $168.70.

About ExxonMobil

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.