JTC Employer Solutions Trustee Ltd Reduces Stake in ExxonMobil Corporation $XOM

JTC Employer Solutions Trustee Ltd trimmed its stake in ExxonMobil Corporation (NYSE:XOM) by 89.8% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 387 shares of the oil and gas company’s stock after selling 3,402 shares during the quarter. JTC Employer Solutions Trustee Ltd’s holdings in ExxonMobil were worth $46,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors also recently modified their holdings of XOM. Berbice Capital Management LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $26,000. Midwest Capital Advisors LLC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in shares of ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares in the last quarter. Key Capital Management INC purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $32,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon’s own executive said global oil inventories could fall to “really, really low levels” within weeks because of Middle East conflict, a setup that could push oil prices higher and improve cash flow for integrated producers like ExxonMobil. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price outlooks and increased its price target on ExxonMobil, reflecting expectations that stronger crude prices could support XOM’s earnings and valuation. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Several recent pieces argue ExxonMobil could outperform the S&P 500 in 2026, citing resilient energy pricing and the stock’s strong run this year, which may help keep investor sentiment constructive. Prediction: ExxonMobil Will Outperform the S&P 500 in 2026
• Positive Sentiment: ExxonMobil won shareholder approval to move its corporate domicile to Texas, a governance win that could reduce legal risk and improve flexibility versus its previous New Jersey base. Exxon wins shareholder backing for legal move to Texas
• Positive Sentiment: Exxon is advancing the Haimara project in Guyana, its ninth major development in the Stabroek block, reinforcing long-term production growth prospects. Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM
• Neutral Sentiment: Exxon is also exploring a return to Venezuela and considering safeguards around that move; this could expand output over time, but regulatory and political hurdles remain. Inside Exxon’s Dilemma Over Returning to Venezuela
• Negative Sentiment: Zacks Research downgraded ExxonMobil from “strong-buy” to “hold,” which may have pressured sentiment despite the broader bullish oil backdrop. ExxonMobil was downgraded by Zacks Research from strong-buy to hold
• Negative Sentiment: Reuters also reported that tensions around possible Iran-U.S. peace progress have already weighed on crude prices at times, showing how quickly the war premium supporting oil stocks can fade if geopolitics improve. Seadrill, Kosmos Energy, and Tidewater Stocks Trade Down, What You Need To Know

Analysts Set New Price Targets

XOM has been the topic of a number of recent research reports. Scotiabank upped their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Mizuho lifted their target price on ExxonMobil from $159.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday. Wells Fargo & Company lifted their target price on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Piper Sandler reduced their target price on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Finally, UBS Group lifted their target price on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a report on Monday, May 4th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and a consensus target price of $165.55.

Insider Transactions at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred 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 directly owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.

ExxonMobil Stock Performance

NYSE XOM opened at $147.37 on Friday. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The stock has a market capitalization of $610.86 billion, a PE ratio of 24.85, a P/E/G ratio of 0.65 and a beta of 0.19. The company’s 50 day simple moving average is $155.28 and its two-hundred day simple moving average is $140.11.

ExxonMobil (NYSE:XOM) last posted 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 net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same period in the prior year, the company posted $1.76 EPS. The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. Analysts predict that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s dividend payout ratio is currently 69.48%.

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.