ExxonMobil Corporation $XOM Stake Decreased by First Trust Advisors LP

First Trust Advisors LP reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 6.0% in the first quarter, according to its most recent filing with the SEC. The fund owned 6,182,355 shares of the oil and gas company’s stock after selling 397,193 shares during the period. ExxonMobil makes up 0.7% of First Trust Advisors LP’s investment portfolio, making the stock its 8th biggest position. First Trust Advisors LP’s holdings in ExxonMobil were worth $1,048,898,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC purchased a new position in shares of ExxonMobil during the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil in the fourth quarter worth approximately $27,000. E Fund Management Hong Kong Co. Ltd. grew its position in ExxonMobil by 456.1% during the fourth 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 acquiring an additional 187 shares during the last quarter. Key Capital Management INC bought a new position in ExxonMobil during the fourth quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of ExxonMobil during the fourth quarter worth approximately $32,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Oil prices jumped sharply after renewed geopolitical tension tied to Iran, improving the outlook for ExxonMobil’s upstream earnings and cash flow. The Iran War Isn’t Stopping and What That Means for Chevron and Exxon Mobil
• Positive Sentiment: Recent articles highlight ExxonMobil’s strong 2026 stock performance and technical breakout potential, which can attract momentum-focused investors. ExxonMobil shares approach a possible key breakout as technical indicators align bullishly
• Neutral Sentiment: Analysts expect ExxonMobil to report higher earnings next week, but one preview notes the setup may not be ideal for a clear earnings beat, keeping expectations mixed. Exxon Mobil Holdings (XOM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
• Neutral Sentiment: Several pieces point to continued investor interest in ExxonMobil from dividend and energy-focused funds, but these are more supportive of sentiment than immediate stock-moving catalysts. Madison Dividend Income Fund is Bullish on ExxonMobil Holdings Corporation (XOM)

Analysts Set New Price Targets

A number of equities research analysts have recently weighed in on XOM shares. Wells Fargo & Company boosted their price objective on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. UBS Group lifted their target price on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Citigroup reissued a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, DZ Bank upgraded ExxonMobil to a “strong-buy” rating in a research report on Monday, July 6th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat, ExxonMobil has an average rating of “Moderate Buy” and a consensus price target of $163.25.

ExxonMobil Stock Down 0.0%

NYSE:XOM opened at $156.88 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The firm has a market cap of $650.28 billion, a P/E ratio of 26.46, a P/E/G ratio of 0.65 and a beta of 0.17. ExxonMobil Corporation has a fifty-two week low of $105.53 and a fifty-two week high of $176.41. The firm has a 50-day simple moving average of $145.91 and a two-hundred day simple moving average of $147.45.

ExxonMobil (NYSE:XOM) last issued 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. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.76 earnings per share. Analysts predict that ExxonMobil Corporation will post 11.28 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a $1.03 dividend. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio (DPR) is presently 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.