Smith Moore & CO. Has $5.67 Million Stock Position in ExxonMobil Corporation $XOM

Smith Moore & CO. lowered its stake in ExxonMobil Corporation (NYSE:XOM) by 7.5% during the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 47,142 shares of the oil and gas company’s stock after selling 3,818 shares during the period. Smith Moore & CO.’s holdings in ExxonMobil were worth $5,673,000 at the end of the most recent quarter.

A number of other hedge funds have also recently added to or reduced their stakes in the stock. Castellan Group boosted its position in ExxonMobil by 131.3% in the fourth quarter. Castellan Group now owns 62,973 shares of the oil and gas company’s stock valued at $7,578,000 after buying an additional 35,749 shares in the last quarter. Kelsey Financial LLC acquired a new stake in ExxonMobil in the fourth quarter valued at approximately $403,000. Legacy Financial Strategies LLC boosted its position in ExxonMobil by 4.5% in the fourth quarter. Legacy Financial Strategies LLC now owns 2,079 shares of the oil and gas company’s stock valued at $250,000 after buying an additional 90 shares in the last quarter. TCV Trust & Wealth Management Inc. boosted its position in ExxonMobil by 1.7% in the fourth quarter. TCV Trust & Wealth Management Inc. now owns 28,559 shares of the oil and gas company’s stock valued at $3,437,000 after buying an additional 475 shares in the last quarter. Finally, HF Advisory Group LLC raised its stake in shares of ExxonMobil by 8.5% during the fourth quarter. HF Advisory Group LLC now owns 27,647 shares of the oil and gas company’s stock valued at $3,327,000 after acquiring an additional 2,156 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last ninety days. 0.03% of the stock is owned by company insiders.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Strait of Hormuz disruption is lifting realized prices and export demand for U.S. barrels, improving near‑term revenue and highlighting Exxon’s role in global supply re‑routing. Exxon Mobil Gains Influence As Hormuz Blockade Rewrites Global Oil Trade
• Positive Sentiment: Exxon and partners signed a drilling contract to start exploratory deepwater work off western Greece, creating upside optionality if finds are commercial — a multi‑year growth catalyst. ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years
• Positive Sentiment: Exxon’s partnerships plan to begin deepwater drilling offshore Greece by 2027, reinforcing the Reuters item and signaling multi‑year exploration investment. ExxonMobil & Partners Plan to Begin Deepwater Drilling Offshore Greece
• Positive Sentiment: Exxon’s near‑exclusive position supplying ultra‑pure (“six nines”) helium to chipmakers is an underappreciated, high‑margin niche that adds diversification and pricing power beyond oil & gas. Chip Makers Need Ultra-Pure Helium and Exxon Is Nearly the Sole Source of Six Nines Purity
• Neutral Sentiment: Exxon agreed to sell Thai gas assets to Horizon Oil — a portfolio reshaping move that could raise cash and simplify operations; market impact depends on deal terms and proceeds. ExxonMobil Signs Agreement to Sell Thai Gas Assets to Horizon Oil
• Negative Sentiment: Physical oil market signals from the North Sea show more offers than bids, suggesting weakening regional demand and falling physical premiums — a potential headwind for refinery margins and short‑term oil pricing. There Are More Offers Than Bids For North Sea Oil
• Negative Sentiment: Exxon warned of a Q1 production decline tied to Middle East disruptions; lower volumes can meaningfully weigh on revenue even if prices remain elevated. Exxon Mobil (XOM) Expects Decline in Q1 Production Amid Middle East Disruptions
• Negative Sentiment: Short‑term market sentiment has turned cautious — recent articles note a pullback in the stock and flags analysts/warners on valuation or risks, contributing to downward pressure on the share price. Exxon Mobil stock just got a warning Wall Street can’t ignore

Wall Street Analysts Forecast Growth

A number of brokerages have recently commented on XOM. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExxonMobil in a report on Friday, April 10th. HSBC lifted their price target on shares of ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a report on Friday, March 20th. Wolfe Research cut their price target on shares of ExxonMobil from $158.00 to $153.00 and set an “outperform” rating on the stock in a report on Wednesday, April 8th. JPMorgan Chase & Co. lifted their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Finally, Citigroup lifted their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $159.20.

ExxonMobil Price Performance

Shares of NYSE XOM opened at $149.18 on Thursday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The firm has a fifty day simple moving average of $154.93 and a 200 day simple moving average of $132.23. The company has a market capitalization of $620.08 billion, a PE ratio of 22.30, a P/E/G ratio of 0.90 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the firm earned $1.67 earnings per share. ExxonMobil’s quarterly revenue was down 1.3% on a year-over-year basis. On average, sell-side analysts forecast that ExxonMobil Corporation will post 7.43 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, February 12th. ExxonMobil’s dividend payout ratio (DPR) is currently 61.58%.

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.