Founders Financial Securities LLC boosted its holdings in ExxonMobil Corporation (NYSE:XOM – Free Report) by 8.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,691 shares of the oil and gas company’s stock after purchasing an additional 4,290 shares during the quarter. Founders Financial Securities LLC’s holdings in ExxonMobil were worth $6,943,000 at the end of the most recent quarter.
Several other hedge funds have also bought and sold shares of XOM. Norges Bank acquired a new stake in ExxonMobil in the 4th quarter valued at $7,625,063,000. Franklin Resources Inc. grew 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 purchasing an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV grew 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 purchasing an additional 2,546,791 shares during the period. AQR Capital Management LLC grew 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 purchasing an additional 1,501,235 shares during the period. Finally, Bessemer Group Inc. grew 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 purchasing an additional 1,454,308 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently issued reports on the stock. Barclays lifted their price target on shares of ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research report on Tuesday. Morgan Stanley cut their price objective on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. JPMorgan Chase & Co. lifted their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Zacks Research downgraded shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Finally, Jefferies Financial Group lifted their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to data from MarketBeat, ExxonMobil has a consensus rating of “Hold” and an average target price of $165.55.
Insider Activity at ExxonMobil
In other news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by insiders.
ExxonMobil Price Performance
XOM opened at $145.42 on Friday. 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 company has a market capitalization of $602.75 billion, a price-to-earnings ratio of 24.52, a P/E/G ratio of 0.63 and a beta of 0.19. The firm’s fifty day moving average price is $155.03 and its two-hundred day moving average price is $140.15. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41.
ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same period in the previous year, the business posted $1.76 EPS. As a group, analysts anticipate that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.
ExxonMobil Announces Dividend
The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Friday, May 15th. ExxonMobil’s payout ratio is presently 69.48%.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Exxon executives warned that global oil inventories are nearing dangerously low levels, suggesting a potential price spike in crude if supply tightens further. That backdrop is supportive for ExxonMobil because higher oil prices can lift upstream earnings and cash flow. 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 lifted its price target on ExxonMobil, reinforcing a constructive view on the stock if energy prices stay firm. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
- Positive Sentiment: Exxon’s strong balance sheet was highlighted as a major advantage, giving the company flexibility to weather volatility, fund acquisitions, and sustain shareholder returns. Why ExxonMobil’s Strong Balance Sheet Matters for Investors
- Neutral Sentiment: Exxon remains a heavily watched stock, with new articles focusing on its long-term prospects, including Guyana growth plans and conference commentary. These pieces are informative but don’t add an immediate catalyst. Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
- Negative Sentiment: Energy shares moved lower late Friday as the broader sector weakened, and oil prices slipped below $89 amid easing geopolitical fears and talk of Iran negotiations, which can pressure ExxonMobil’s near-term earnings outlook. Sector Update: Energy Stocks Fall Late Afternoon
- Negative Sentiment: Trump’s refusal to ease Iran sanctions and the associated drop in oil prices weighed on the energy complex, limiting support for ExxonMobil despite the company’s longer-term supply optimism. Trump Holds the Line on Iran: No Sanctions Relief as Oil Slides Below $89
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.
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