BHK Investment Advisors LLC bought a new position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the fourth quarter, Holdings Channel.com reports. The institutional investor bought 4,639 shares of the oil and gas company’s stock, valued at approximately $558,000.
Other large investors have also recently bought and sold shares of the company. Peoples Bank OH lifted its stake in ExxonMobil by 0.5% during the 4th quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock valued at $1,804,000 after acquiring an additional 71 shares during the period. MOKAN Wealth Management Inc. increased its stake in shares of ExxonMobil by 1.3% in the fourth quarter. MOKAN Wealth Management Inc. now owns 5,903 shares of the oil and gas company’s stock worth $711,000 after acquiring an additional 77 shares during the period. Field & Main Bank raised its holdings in shares of ExxonMobil by 0.3% during the fourth quarter. Field & Main Bank now owns 23,393 shares of the oil and gas company’s stock worth $2,815,000 after purchasing an additional 78 shares during the last quarter. Capstone Wealth Management LLC lifted its position in ExxonMobil by 3.1% during the fourth quarter. Capstone Wealth Management LLC now owns 2,606 shares of the oil and gas company’s stock valued at $314,000 after purchasing an additional 79 shares during the period. Finally, Sunburst Financial Group LLC lifted its position in ExxonMobil by 2.3% during the fourth quarter. Sunburst Financial Group LLC now owns 3,526 shares of the oil and gas company’s stock valued at $424,000 after purchasing an additional 80 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Argus raised its price target on ExxonMobil to $169 from $166 and kept a Buy rating, citing a strong Q1 earnings beat and expected 2026 production growth from the Permian and Guyana. Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
- Positive Sentiment: Erste Group Bank slightly increased its FY2026 earnings estimate for ExxonMobil to $10.20 per share, reinforcing expectations for solid profitability even though the new estimate remains below the broader consensus.
- Positive Sentiment: ExxonMobil is also getting support from reports highlighting its AI-powered seismic tools in Guyana, which could improve exploration efficiency and help accelerate future project development. Exxon Mobil Uses AI Seismic Tools To Reshape Guyana Project Pipeline
- Neutral Sentiment: A court ruling requiring ExxonMobil to face a $1 billion lawsuit from InterOil’s founder over post-merger payments adds legal overhang, but the outcome is still uncertain. ExxonMobil Must Face InterOil Founder’s $1B Suit Over Post-Merger Payments
- Neutral Sentiment: Recent articles about Iran-related oil price spikes and Shell’s trading windfall underscore how geopolitics are moving the energy sector, but they do not directly change ExxonMobil’s fundamentals on their own.
Insider Activity at ExxonMobil
ExxonMobil Stock Performance
XOM opened at $144.33 on Friday. 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 company has a market cap of $598.22 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 0.64 and a beta of 0.19. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41. The firm’s fifty day simple moving average is $155.04 and its two-hundred day simple moving average is $136.06.
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. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter in the previous year, the company earned $1.76 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. Equities analysts anticipate that ExxonMobil Corporation will post 11.45 earnings per share for the current fiscal year.
ExxonMobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.9%. The ex-dividend date is Friday, May 15th. ExxonMobil’s payout ratio is 69.48%.
Wall Street Analyst Weigh In
XOM has been the topic of several analyst reports. Barclays increased their price target on ExxonMobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Wells Fargo & Company boosted their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 target price on shares of ExxonMobil in a report on Tuesday. Finally, Citigroup boosted their price target on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $161.70.
Check Out Our Latest Analysis on ExxonMobil
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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