Keybank National Association OH Purchases 164,008 Shares of ExxonMobil Corporation $XOM

Keybank National Association OH raised its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 13.1% in the 4th quarter, HoldingsChannel reports. The firm owned 1,420,276 shares of the oil and gas company’s stock after buying an additional 164,008 shares during the period. Keybank National Association OH’s holdings in ExxonMobil were worth $170,916,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also added to or reduced their stakes in XOM. Franklin Resources Inc. lifted its holdings in 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 valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its holdings in ExxonMobil by 218.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock valued at $155,696,000 after purchasing an additional 2,546,791 shares during the last quarter. AQR Capital Management LLC lifted its holdings in ExxonMobil by 105.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock valued at $329,797,000 after purchasing an additional 1,501,235 shares during the last quarter. Bessemer Group Inc. lifted its holdings in ExxonMobil by 119.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after purchasing an additional 1,454,308 shares during the last quarter. Finally, Legal & General Group Plc lifted its holdings in ExxonMobil by 4.5% during 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 purchasing an additional 886,087 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Stock Down 0.8%

XOM opened at $153.10 on Friday. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $636.38 billion, a P/E ratio of 22.89, a P/E/G ratio of 0.70 and a beta of 0.29. The stock has a fifty day moving average of $154.98 and a 200-day moving average of $134.93.

ExxonMobil (NYSE:XOM) last posted its earnings results 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. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter last year, the firm earned $1.76 earnings per share. The company’s revenue was up 2.4% on a year-over-year basis. On average, equities analysts expect that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is presently 61.58%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on XOM shares. Wells Fargo & Company raised 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. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Citigroup lifted their target price on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. Mizuho lifted their target price on ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Finally, Bank of America lifted their target price on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $161.55.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

ExxonMobil 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.