PFG Advisors Reduces Position in ExxonMobil Corporation $XOM

PFG Advisors lessened its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 26.4% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 32,703 shares of the oil and gas company’s stock after selling 11,718 shares during the quarter. PFG Advisors’ holdings in ExxonMobil were worth $3,935,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC boosted its stake in shares of ExxonMobil by 4.4% during the 4th quarter. Brighton Jones LLC now owns 139,052 shares of the oil and gas company’s stock worth $16,733,000 after acquiring an additional 5,904 shares during the last quarter. Legacy Advisors LLC boosted its stake in shares of ExxonMobil by 6.0% during the 4th quarter. Legacy Advisors LLC now owns 18,565 shares of the oil and gas company’s stock worth $2,234,000 after acquiring an additional 1,049 shares during the last quarter. DSG Capital Advisors LLC boosted its stake in shares of ExxonMobil by 3.2% during the 4th quarter. DSG Capital Advisors LLC now owns 15,993 shares of the oil and gas company’s stock worth $2,065,000 after acquiring an additional 493 shares during the last quarter. Richards Merrill & Peterson Inc. boosted its stake in shares of ExxonMobil by 31.2% during the 4th quarter. Richards Merrill & Peterson Inc. now owns 19,175 shares of the oil and gas company’s stock worth $2,308,000 after acquiring an additional 4,564 shares during the last quarter. Finally, Summit Financial Wealth Advisors LLC boosted its stake in shares of ExxonMobil by 0.7% during the 4th quarter. Summit Financial Wealth Advisors LLC now owns 51,243 shares of the oil and gas company’s stock worth $6,167,000 after acquiring an additional 346 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. Scotiabank lifted their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research note on Wednesday. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the stock a “neutral” rating in a research note on Friday, April 17th. Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a research note on Friday, April 10th. HSBC lifted their target price on shares of ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Finally, Jefferies Financial Group lifted their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. 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 stock. Based on data from MarketBeat.com, ExxonMobil has an average rating of “Moderate Buy” and an average target price of $161.55.

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by insiders.

ExxonMobil Stock Up 0.7%

Shares of XOM stock opened at $150.61 on Friday. The stock has a market cap of $626.01 billion, a P/E ratio of 22.51, a PEG ratio of 0.76 and a beta of 0.29. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company’s fifty day simple moving average is $154.74 and its two-hundred day simple moving average is $133.61.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.67 EPS. Analysts predict that ExxonMobil Corporation will post 9.94 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. ExxonMobil’s payout ratio is presently 61.58%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
• Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
• Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a “strong‑buy” and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
• Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
• Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
• Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
• Neutral Sentiment: Featured in investor idea pieces — XOM appears in “high‑flying” and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.

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.