GRIMES & Co WEALTH MANAGEMENT LLC Buys 10,550 Shares of ExxonMobil Corporation $XOM

GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 10.4% during the 4th quarter, Holdings Channel.com reports. The institutional investor owned 111,708 shares of the oil and gas company’s stock after acquiring an additional 10,550 shares during the quarter. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in ExxonMobil were worth $13,443,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the stock. Eagle Capital Management LLC increased its stake in shares of ExxonMobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP bought a new position in shares of ExxonMobil in the first quarter worth about $305,000. Sivia Capital Partners LLC increased its stake in shares of ExxonMobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares during the period. United Bank increased its stake in shares of ExxonMobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after purchasing an additional 600 shares during the period. Finally, Schnieders Capital Management LLC. increased its stake in shares of ExxonMobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after purchasing an additional 5,443 shares during the period. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Trading Down 1.5%

Shares of XOM opened at $146.47 on Friday. ExxonMobil Corporation has a 12-month low of $101.18 and a 12-month high of $176.41. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm has a market capitalization of $607.11 billion, a price-to-earnings ratio of 24.70, a P/E/G ratio of 0.65 and a beta of 0.19. The stock’s 50-day moving average price is $155.04 and its 200 day moving average price is $136.06.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same period in the previous year, the company posted $1.76 earnings per share. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. As a group, research analysts predict that ExxonMobil Corporation will post 11.44 earnings per share for the current year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be issued 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 is Friday, May 15th. ExxonMobil’s payout ratio is presently 69.48%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Argus raised its price target on XOM to $169 (from $166) and kept a Buy rating, citing higher 2026 production from Permian and Guyana as the core upside driver — a clear near‑term bullish catalyst for earnings and cash flow. Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
• Positive Sentiment: Exxon is deploying AI seismic tools in Guyana to speed prospect screening and re‑evaluate overlooked targets — a productivity and reserve‑conversion story that supports longer‑term production growth and lower exploration costs. Exxon Mobil Uses AI Seismic Tools To Reshape Guyana Project Pipeline
• Positive Sentiment: Reuters reports President Trump met with Exxon and Chevron to discuss Venezuela — any policy shift or deal that eases access to Venezuelan production would be a material upside for majors over time. Trump met with Chevron and ExxonMobil on Tuesday to discuss Venezuela
• Positive Sentiment: Recent coverage highlights Exxon’s strong Q1 beat, ongoing large buybacks and sustained dividend — fundamentals that support shareholder returns and underpinned recent analyst optimism. Exxon’s Earnings Beat, Buybacks, and Governance Fight Might Change The Case For Investing In Exxon Mobil (XOM)
• Neutral Sentiment: Shell reported a big trading and profit boost tied to the Iran conflict, underlining how oil majors can benefit from price swings — useful context for sector earnings but not company‑specific to Exxon’s operations. Shell Earnings Surge on Iran War Oil Boom. Why the Stock Is Falling.
• Neutral Sentiment: Several analyst pieces and price‑target commentary (e.g., $197 milestone scenarios) continue to circulate — they frame upside potential but are speculative and dependent on oil prices and execution. Exxon Mobil’s Next Big Milestone Could Be $197
• Negative Sentiment: Macro/geopolitical headlines suggest the market is pricing a fading Iran premium — multiple reports say oil stocks sank as traders bet the Iran war will de‑escalate, removing a major near‑term price support for XOM. That shift is the most direct driver of today’s pullback. Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End
• Negative Sentiment: Commentary that the Iran conflict could have pushed oil toward $200 highlights the extreme volatility risk investors faced; the unwinding of that risk premium can pressure integrated majors even if fundamentals remain solid. Trump Admits “I Expected Oil to Hit $200” Over Iran— Here’s How Close Investors Came to Disaster

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on the company. UBS Group lifted their price objective on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research note on Monday. Bank of America lifted their price objective on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. Citigroup lifted their price objective on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Finally, Weiss Ratings restated a “hold (c+)” rating on shares of ExxonMobil in a research note on Friday, April 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and an average price target of $161.70.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction that occurred 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 of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold 6,460 shares of company stock worth $989,104 over the last 90 days. 0.03% of the stock is currently owned by insiders.

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.