Nwam LLC Trims Stake in ExxonMobil Corporation $XOM

Nwam LLC reduced its position in ExxonMobil Corporation (NYSE:XOM) by 5.0% in the 4th quarter, according to its most recent filing with the SEC. The fund owned 128,443 shares of the oil and gas company’s stock after selling 6,703 shares during the period. ExxonMobil accounts for about 1.0% of Nwam LLC’s holdings, making the stock its 16th biggest holding. Nwam LLC’s holdings in ExxonMobil were worth $17,125,000 at the end of the most recent reporting period.

Several other institutional investors have also recently added to or reduced their stakes in XOM. Franklin Resources Inc. increased its position in 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 acquiring an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV increased its position in ExxonMobil by 218.4% in 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 acquiring an additional 2,546,791 shares during the period. AQR Capital Management LLC increased its position in ExxonMobil by 105.4% in 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 acquiring an additional 1,501,235 shares during the period. Bessemer Group Inc. increased its position in ExxonMobil by 119.4% in 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 acquiring an additional 1,454,308 shares during the period. Finally, Legal & General Group Plc increased its position 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 period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts recently issued reports on XOM shares. Morgan Stanley dropped their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. TD Cowen dropped their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. BNP Paribas Exane set a $165.00 price target on ExxonMobil and gave the company a “neutral” rating in a research report on Friday, April 17th. Bank of America boosted their price target on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Finally, UBS Group boosted their price target on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research report on Monday, May 4th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $161.70.

ExxonMobil Stock Performance

NYSE XOM opened at $144.33 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $155.04 and its two-hundred day moving average is $136.06. ExxonMobil Corporation has a 12-month low of $101.18 and a 12-month high of $176.41. The stock has a market capitalization of $598.22 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 0.63 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter in the previous year, the firm posted $1.76 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. Research analysts expect that ExxonMobil Corporation will post 11.45 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a dividend of $1.03 per share. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.9%. ExxonMobil’s payout ratio is presently 69.48%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Argus raised its price target on ExxonMobil to $169 from $166 and kept a Buy rating, citing a strong Q1 earnings beat and expected 2026 production growth from the Permian and Guyana. Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
• Positive Sentiment: Erste Group Bank slightly increased its FY2026 earnings estimate for ExxonMobil to $10.20 per share, reinforcing expectations for solid profitability even though the new estimate remains below the broader consensus.
• Positive Sentiment: ExxonMobil is also getting support from reports highlighting its AI-powered seismic tools in Guyana, which could improve exploration efficiency and help accelerate future project development. Exxon Mobil Uses AI Seismic Tools To Reshape Guyana Project Pipeline
• Neutral Sentiment: A court ruling requiring ExxonMobil to face a $1 billion lawsuit from InterOil’s founder over post-merger payments adds legal overhang, but the outcome is still uncertain. ExxonMobil Must Face InterOil Founder’s $1B Suit Over Post-Merger Payments
• Neutral Sentiment: Recent articles about Iran-related oil price spikes and Shell’s trading windfall underscore how geopolitics are moving the energy sector, but they do not directly change ExxonMobil’s fundamentals on their own.

Insider Transactions at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 3,230 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the transaction, the vice president owned 20,354 shares in the company, valued at approximately $3,036,409.72. The trade was a 13.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. In the last 90 days, insiders sold 6,460 shares of company stock worth $989,104. Insiders own 0.03% of the company’s stock.

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.