Revisor Wealth Management LLC lifted its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 42.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 20,043 shares of the oil and gas company’s stock after purchasing an additional 5,934 shares during the period. Revisor Wealth Management LLC’s holdings in ExxonMobil were worth $2,585,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors and hedge funds have also modified their holdings of XOM. Key Capital Management INC acquired a new position in ExxonMobil during the fourth quarter worth about $28,000. Westfuller Advisors LLC acquired a new position in ExxonMobil during the third quarter worth about $30,000. Clayton Financial Group LLC acquired a new position in ExxonMobil during the third quarter worth about $40,000. TruNorth Capital Management LLC boosted its position in ExxonMobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its position in ExxonMobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Scotiabank raised its price target on XOM to $163 and moved to a “sector outperform” view, signaling stronger analyst conviction and potential upside versus peers. Scotiabank raises XOM PT to $163 (Benzinga)
- Positive Sentiment: Analyst reports highlight Exxon’s production growth, Guyana success and low‑carbon investments — reinforcing the growth and diversification narrative that supports valuation multiple expansion. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
- Positive Sentiment: Gabon expects to sign production‑sharing contracts with BP and Exxon within 4–6 months — a near‑term opportunity to boost upstream volumes and future cash flow. Gabon expects to sign production-sharing contracts with BP and Exxon (Reuters)
- Positive Sentiment: Exxon and peers are raising prices for plastics amid supply shocks tied to Middle East tensions — a margin tailwind for the chemicals segment if spreads hold. This Is Why Exxon Mobil Corporation (XOM) Is Hiking Plastics Prices (Yahoo)
- Positive Sentiment: Zacks added XOM to its Rank #1 (Strong Buy) lists (general and income focused), which can attract investor interest from momentum and income‑seeking flows. New Strong Buy Stocks for April 22nd (Zacks)
- Neutral Sentiment: Bloomberg/Reuters report Exxon is exploring a sale of its Hong Kong gas‑station network for $500–$600M — a noncore asset sale that could free cash and slightly improve capital allocation but is not material to overall free cash flow. Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations (Bloomberg)
- Negative Sentiment: Wolfe Research downgraded Exxon, saying shares look fairly valued after a recent rally — that could pressure sentiment and limit near‑term upside from multiple expansion. Exxon downgraded at Wolfe (Seeking Alpha)
- Negative Sentiment: Ongoing governance disputes (proxy fights over board/CEO structure and shareholder voting) add investor uncertainty and could be a distraction during heightened geopolitical risk. Does Exxon’s Governance Standoff Amid Middle East Turmoil Change The Bull Case For XOM? (Yahoo)
ExxonMobil Stock Performance
ExxonMobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. ExxonMobil’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business posted $1.67 EPS. Analysts forecast that ExxonMobil Corporation will post 9.94 EPS for the current year.
ExxonMobil Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s payout ratio is presently 61.58%.
Insiders Place Their Bets
In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders have sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.
Wall Street Analyst Weigh In
A number of research firms recently weighed in on XOM. TD Cowen lowered their price target on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. Wells Fargo & Company boosted their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Mizuho boosted their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. JPMorgan Chase & Co. boosted their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $161.55.
Check Out Our Latest Report on ExxonMobil
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.
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