Wealthfront Advisers LLC increased its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 7.5% in the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 463,041 shares of the oil and gas company’s stock after purchasing an additional 32,469 shares during the period. Wealthfront Advisers LLC’s holdings in ExxonMobil were worth $55,722,000 as of its most recent SEC filing.
Several other institutional investors have also recently modified their holdings of the stock. Northern Trust Corp raised its position in shares of ExxonMobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Franklin Resources Inc. raised its position in shares of ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Capital Research Global Investors raised its holdings in ExxonMobil by 0.4% in the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after acquiring an additional 127,466 shares during the last quarter. Fisher Asset Management LLC raised its holdings in ExxonMobil by 1.1% in the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock valued at $3,517,179,000 after acquiring an additional 340,785 shares during the last quarter. Finally, Legal & General Group Plc raised its holdings in ExxonMobil by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock valued at $2,299,687,000 after acquiring an additional 886,087 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.
ExxonMobil Stock Down 0.1%
Shares of ExxonMobil stock opened at $154.53 on Friday. The company has a fifty day moving average price of $154.98 and a 200 day moving average price of $134.93. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The stock has a market cap of $642.29 billion, a price-to-earnings ratio of 23.10, a price-to-earnings-growth ratio of 0.70 and a beta of 0.29.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Higher oil prices provide a clear revenue tailwind for ExxonMobil’s upstream and refining businesses, helping offset some operational disruption from the Iran conflict. Buy This ETF if You Want to Benefit From High Oil Prices Without Wild Swings
- Positive Sentiment: Brent and WTI spikes (Brent near $117 in late April) strengthen Exxon’s pricing environment and longer‑term cash flow potential for 2026. Brent Crude Spikes to $117 on Iran Military Option Reports
- Positive Sentiment: Analysts and brokers have raised forward earnings estimates and price targets recently (Erste Group raised FY2026/FY2027 EPS; some targets around $161), supporting a constructive medium‑term outlook. Analysts Set ExxonMobil Corporation (NYSE:XOM) Price Target at $161.55
- Positive Sentiment: Exxon awarded a substantial subsea EPCI contract offshore Angola (Likembe Redevelopment 2.0), widening its deepwater project pipeline and long‑cycle production exposure. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
- Neutral Sentiment: Wall Street moved expectations ahead of the Q1 release, with some firms revising models; this created mixed pre‑earnings positioning that amplified volatility around the print. Top Wall Street Forecasters Revamp Exxon Mobil Expectations Ahead Of Q1 Earnings
- Negative Sentiment: Q1 results: Exxon beat adjusted EPS estimates but reported its lowest unadjusted profit in five years — disruption from the Iran war cut production and shipment flows, and derivatives/hedging timing caused a sizable negative accounting hit. These factors create near‑term earnings volatility. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
- Negative Sentiment: Coverage noting “accounting issues” and hedge timing risk heightens uncertainty around reported results and raises the chance of further downside surprises to GAAP earnings. Exxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments
- Negative Sentiment: Legal and remediation risk: a lawsuit over orphaned well cleanup accounting and ongoing scrutiny of retirement obligations could pressure sentiment if liabilities or reserves need revision. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions
Insiders Place Their Bets
In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the company’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 completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Over the last three months, insiders have sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages have weighed in on XOM. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Sanford C. Bernstein cut their price target on ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Piper Sandler cut their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Wells Fargo & Company boosted their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Finally, JPMorgan Chase & Co. boosted their price target on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $161.55.
Read Our Latest Stock Report on ExxonMobil
About ExxonMobil
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.
Recommended Stories
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
