Syon Capital LLC Purchases 3,145 Shares of ExxonMobil Corporation $XOM

Syon Capital LLC boosted its position in ExxonMobil Corporation (NYSE:XOMFree Report) by 4.1% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 79,377 shares of the oil and gas company’s stock after buying an additional 3,145 shares during the quarter. Syon Capital LLC’s holdings in ExxonMobil were worth $10,852,000 at the end of the most recent reporting period.

Several other institutional investors have also recently bought and sold shares of XOM. Berbice Capital Management LLC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at about $26,000. E Fund Management Hong Kong Co. Ltd. grew its stake in shares of ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 187 shares during the last quarter. Aventus Investment Advisors Inc. bought a new position in ExxonMobil during the second quarter worth $27,000. Keewaydin Investments LLC acquired a new position in ExxonMobil during the 4th quarter valued at $33,000. Finally, Portus Wealth Advisors LLC acquired a new position in ExxonMobil during the 1st quarter valued at $36,000. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Down 1.1%

Shares of ExxonMobil stock opened at $162.28 on Friday. ExxonMobil Corporation has a 52-week low of $108.35 and a 52-week high of $176.41. The firm has a market capitalization of $672.64 billion, a PE ratio of 20.89, a price-to-earnings-growth ratio of 1.01 and a beta of 0.18. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company’s fifty day moving average price is $152.51 and its two-hundred day moving average price is $152.20.

ExxonMobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%.The business had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. During the same period in the previous year, the business posted $1.64 earnings per share. On average, analysts expect that ExxonMobil Corporation will post 11.86 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, September 10th. Shareholders of record on Monday, August 17th will be paid a dividend of $1.03 per share. The ex-dividend date is Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.5%. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Dividend support remains a key attraction. ExxonMobil is reportedly positioned to raise its dividend for a 44th consecutive year. Second-quarter free cash flow exceeded dividend payments by nearly $13 billion, providing substantial coverage and supporting the stock’s appeal to income investors. 2 Energy Dividend Stocks With Growing Payouts, Led by ExxonMobil
  • Positive Sentiment: Long-term cash-flow prospects are encouraging. ExxonMobil says free cash flow could potentially double by 2030, while analysts and financial publications continue to view XOM as a strong value and long-term-return candidate. Its low debt levels and scale add to the investment case. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?
  • Positive Sentiment: Potential Venezuelan oil opportunities could benefit supermajors. U.S. efforts to open Venezuelan oil rights, amid broader supply concerns, may create opportunities for ExxonMobil to expand resources or production, although the company-specific benefits remain uncertain. Striking Oil: How the U.S. Play for Venezuela Fuels Supermajors
  • Neutral Sentiment: AI investments may improve efficiency. ExxonMobil is among major oil companies deploying artificial intelligence to reduce downtime, improve drilling decisions and enhance asset performance. These initiatives could support margins over time, but the financial impact is not yet quantified. 4 Oil & Gas Majors Using AI to Boost Efficiency and Execution
  • Negative Sentiment: A sharp oil-price decline remains the principal risk. Coverage notes that ExxonMobil maintained or increased its dividend even when crude briefly fell below $58 per barrel, but a prolonged downturn could reduce upstream earnings and free cash flow, challenging dividend growth despite the company’s current coverage. Exxon’s Dividend Looks Safe Today—But What If Oil Prices Tumble?

Analyst Ratings Changes

Several research firms have issued reports on XOM. Bank of America lowered shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their price target for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Weiss Ratings raised shares of ExxonMobil from a “hold (c)” rating to a “buy (b-)” rating in a research report on Tuesday, August 4th. Zacks Research cut shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. UBS Group set a $168.00 target price on ExxonMobil in a research report on Friday, August 7th. Finally, Freedom Capital upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Ten equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $167.45.

View Our Latest Report on ExxonMobil

About ExxonMobil

(Free Report)

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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Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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