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ExxonMobil Corporation $XOM Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC grew its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 8. 7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,250,595 shares of the oil and gas company's stock after acquiring an additional 261,29

By @MarketBeatCom · · 8 min read

ExxonMobil Corporation $XOM Shares Bought by Corient Private Wealth LLC

Corient Private Wealth LLC grew its holdings in ExxonMobil Corporation (NYSE:XOM-Free Report) by 8. 7% during the fourth quarter, according to the company in its most recent filing with the SEC. The fund owned 3,250,595 shares of the oil and gas company's stock after acquiring an additional 261,290 shares during the quarter. Corient Private Wealth LLC owned about 0. 08% of ExxonMobil worth $391,268,000 at the end of the most recent reporting period. The Oil Trade May Not Be Over: 3 Energy Stocks to WatchA number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Bank of America Corp DE lifted its position in shares of ExxonMobil by 2. 0% during the 4th quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company's stock worth $9,043,836,000 after buying an additional 1,457,560 shares during the last quarter. Norges Bank acquired a new position in shares of ExxonMobil in the 4th quarter valued at $7,625,063,000. Bank of New York Mellon Corp grew its position in shares of ExxonMobil by 1. 2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company's stock valued at $5,608,488,000 after buying an additional 531,362 shares during the last quarter. Northern Trust Corp grew its position in shares of ExxonMobil by 1. 0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock valued at $4,963,934,000 after buying an additional 445,283 shares during the last quarter. Finally, Franklin Resources Inc. boosted its position in shares of ExxonMobil by 7. 4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. 61. 80% of the stock is owned by institutional investors and hedge funds. GetExxonMobilalerts:ExxonMobil Stock Up 0. 0%XOMopened at $137. 84 on Friday. The company has a debt-to-equity ratio of 0. 13, a current ratio of 1. 04 and a quick ratio of 0. 77. The business has a 50 day simple moving average of $149. 98 and a 200-day simple moving average of $143. 22. The stock has a market capitalization of $571. 36 billion, a P/E ratio of 23. 25, a P/E/G ratio of 0. 58 and a beta of 0. 16. ExxonMobil Corporation has a 12 month low of $105. 53 and a 12 month high of $176. 41. Draining the Tank: Big Oil Runs on FumesExxonMobil (NYSE:XOM-Get Free Report) last announced its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1. 16 earnings per share for the quarter, topping analysts' consensus estimates of $0. 98 by $0. 18. The firm had revenue of $83. 16 billion for the quarter, compared to analyst estimates of $81. 13 billion. ExxonMobil had a return on equity of 10. 24% and a net margin of 7. 57%. ExxonMobil's quarterly revenue was up 2. 4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1. 76 earnings per share. On average, equities analysts anticipate that ExxonMobil Corporation will post 11. 86 earnings per share for the current fiscal year. ExxonMobil Dividend AnnouncementThe business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were paid a $1. 03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4. 12 annualized dividend and a dividend yield of 3. 0%. ExxonMobil's dividend payout ratio (DPR) is 69. 48%. ExxonMobil News Summary5 High-Yield Stocks and ETFs to Buy and Hold for the Next DecadeHere are the key news stories impacting ExxonMobil this week:Positive Sentiment:ExxonMobil’s production has reached its highest level in more than 40 years, supported by aggressive output growth in Guyana, Texas, and Papua New Guinea. Higher volumes at lower costs should support cash flow and investor confidence. Article: Darren Woods’ Game Plan at Exxon Mobil: Produce More Oil for Less MoneyPositive Sentiment:ExxonMobil is expanding its long-term growth pipeline in Guyana’s Stabroek Block, with plans to drill up to 35 new exploration and appraisal wells from 2028 through 2033. This could extend reserve growth and future production. Article: ExxonMobil Advances New Exploration Push in Guyana's Stabroek BlockNeutral Sentiment:ExxonMobil reportedly struck a deal with ZET for South Africa’s first LNG terminal, highlighting continued international LNG expansion efforts. This is strategically constructive, but the near-term stock impact is unclear. Article: ExxonMobil and ZET strike deal for South Africa’s first LNG terminalNeutral Sentiment:Commentary suggesting ExxonMobil could pursue another megamerger or LNG acquisition may support long-term strategic speculation, but it is not a confirmed catalyst. Article: ExxonMobil Has Its Sights on Its Next Megamerger. Here's the Oil Stock It Should Buy. Negative Sentiment:ExxonMobil shares fell alongside other oil stocks after the U. S. and Iran reached an interim agreement that could reopen the Strait of Hormuz and lift sanctions on Tehran’s oil. The deal pressures crude prices, which can reduce upstream earnings for XOM. Article: ExxonMobil and Occidental Petroleum Stocks Trade Down, What You Need To KnowNegative Sentiment:Recent market commentary notes ExxonMobil has been under sustained selling pressure over the past days and weeks, reflecting weaker oil prices and a softer sector backdrop. Article: Exxon Mobil (XOM) Stock Could Be 18. 9% Undervalued Despite Recent PullbackAnalyst Upgrades and DowngradesA number of research analysts recently issued reports on the company. Weiss Ratingsdowngraded ExxonMobil from a "hold (c+)" rating to a "hold (c)" rating in a research note on Thursday, May 21st. Mizuho lifted their target price on shares of ExxonMobil from $159. 00 to $175. 00 and gave the company a "neutral" rating in a report on Wednesday, May 27th. Zacks Research downgraded shares of ExxonMobil from a "strong-buy" rating to a "hold" rating in a research report on Tuesday, May 26th. Royal Bank Of Canada reiterated a "sector perform" rating and set a $180. 00 price target on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, TD Cowen reissued a "buy" rating on shares of ExxonMobil in a research report on Monday, June 15th. Eleven investment analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, ExxonMobil has a consensus rating of "Moderate Buy" and a consensus price target of $165. 70. Read Our Latest Stock Analysis on XOMAbout ExxonMobil(Free Report)ExxonMobil CorporationNYSE: XOMis 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. Featured StoriesFive stocks we like better than ExxonMobil3 Retail Winners Using Cash Flow to Stay Ahead3 Tech ETFs That Could Bounce Back After the AI Selloff3 Penny Stocks Under $5 Backed by Real Revenue Growth3 Non-Pharma Firms That Could Benefit From the GLP-1 TrendWant to see what other hedge funds are holding XOM?Visit HoldingsChannel. comto get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM-Free Report). This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat. com. Should You Invest $1,000 in ExxonMobil Right Now?Before you consider ExxonMobil, you'll want to hear this. MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified thefive stocksthat top analysts are quietly whispering to their clients to buy now before the broader market catches on. . . and ExxonMobil wasn't on the list. While ExxonMobil currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys. View The Five Stocks HereUnlock the timeless value of gold with our exclusive 2026 Gold Forecasting Report. Explore why gold remains the ultimate investment for safeguarding wealth against inflation, economic shifts, and global uncertainties. Whether you're planning for future generations or seeking a reliable asset in turbulent times, this report is your essential guide to making informed decisions. Get This Free Report

Source: stocknews.com

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