Rep. Kevin Hern Sells Shares of ExxonMobil Corporation (NYSE:XOM)

Posted by Kyle Jackson on Sep 29th, 2026

Representative Kevin Hern (Republican-Oklahoma) recently sold shares of ExxonMobil Corporation (NYSE:XOM). In a filing disclosed on September 25th, the Representative disclosed that they had sold between $100,001 and $250,000 in ExxonMobil stock on August 31st. The trade occurred in the Representative’s “HERN FAMILY FOUNDATION” account.

Representative Kevin Hern also recently made the following trade(s):

Sold $15,001 – $50,000 in shares of CenterPoint Energy (NYSE:CNP) on 9/15/2026.
Sold $1,001 – $15,000 in shares of TJX Companies (NYSE:TJX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of STERIS (NYSE:STE) on 9/15/2026.
Sold $1,001 – $15,000 in shares of Seagate Technology (NASDAQ:STX) on 9/15/2026.
Sold $15,001 – $50,000 in shares of NextEra Energy (NYSE:NEE) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Marsh & McLennan Companies (NYSE:MRSH) on 9/14/2026.
Sold $15,001 – $50,000 in shares of IQVIA (NYSE:IQV) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $1,001 – $15,000 in shares of Home Depot (NYSE:HD) on 9/14/2026.
Sold $15,001 – $50,000 in shares of Emerson Electric (NYSE:EMR) on 9/14/2026.

ExxonMobil Stock Down 1.0%

Shares of NYSE:XOM traded down $1.66 during midday trading on Tuesday, hitting $160.86. 3,878,458 shares of the company’s stock were exchanged, compared to its average volume of 18,395,969. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. ExxonMobil Corporation has a 12 month low of $110.39 and a 12 month high of $176.41. The company has a market cap of $666.75 billion, a PE ratio of 20.75, a price-to-earnings-growth ratio of 0.98 and a beta of 0.18. The stock has a 50 day moving average price of $159.96 and a 200-day moving average price of $153.70.

ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same quarter last year, the firm posted $1.64 EPS. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 12.01 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: WTI crude trading above $90 per barrel improves the outlook for ExxonMobil’s upstream earnings. The company’s low-cost Permian production and growing Guyana operations provide leverage to higher oil prices. Are Current Oil Prices High Enough to Fuel ExxonMobil’s Growth?
Positive Sentiment: TD Cowen raised its price target for XOM to $180 from $168 while maintaining a Buy rating, citing potential upside from the company’s energy portfolio and operating performance. TD Cowen Adjusts Price Target on Exxon Mobil to $180 From $168, Keeps Buy Rating
Positive Sentiment: A potential crude supply agreement involving ExxonMobil, Chevron and Vietnam could expand the company’s commercial relationships in Southeast Asia, with possible additional LNG and LPG sales. Chevron, ExxonMobil Agree Potential Crude Supply to Vietnam
Neutral Sentiment: Former ExxonMobil upstream chief Liam Mallon joined The Metals Company’s board to support its seabed-mining plans. The move highlights his experience but is not expected to materially affect ExxonMobil’s operations or financial results. Exxon Veteran Liam Mallon Joins TMC Board Ahead of Seabed Mining Push
Neutral Sentiment: Justice Samuel Alito’s decision not to participate in a climate-change case involving ExxonMobil and Suncor removes one procedural uncertainty, but the eventual ruling remains the more important legal risk. Supreme Court Justice Alito Will Not Participate in Climate Change Case
Negative Sentiment: With XOM near recent highs after a substantial multiyear rally, investors are questioning whether growing cash flow sufficiently supports the current valuation. That debate could limit upside even while oil prices remain favorable. Can ExxonMobil Holdings Stay Cheap With Cash Flow Growing?

Institutional Trading of ExxonMobil

Institutional investors have recently made changes to their positions in the stock. Norges Bank purchased a new position in shares of ExxonMobil in the fourth quarter valued at about $7,625,063,000. Bank of New York Mellon Corp raised its position in ExxonMobil by 1.2% during the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock valued at $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Dimensional Fund Advisors LP lifted its holdings in ExxonMobil by 5.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock worth $4,812,790,000 after buying an additional 1,540,902 shares during the period. Amundi grew its position in shares of ExxonMobil by 5.1% in the 1st quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock worth $4,158,563,000 after buying an additional 1,192,386 shares during the last quarter. Finally, Invesco Ltd. increased its stake in shares of ExxonMobil by 3.4% during the fourth quarter. Invesco Ltd. now owns 17,367,358 shares of the oil and gas company’s stock valued at $2,089,988,000 after buying an additional 577,181 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several research firms recently commented on XOM. Wells Fargo & Company reiterated an “overweight” rating and issued a $182.00 price objective (down from $183.00) on shares of ExxonMobil in a research note on Monday, August 3rd. Argus increased their target price on shares of ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Jefferies Financial Group boosted their price target on shares of ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Wall Street Zen upgraded shares of ExxonMobil to a “hold” rating in a research note on Saturday, September 5th. Finally, Freedom Capital upgraded shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Twelve investment analysts have rated the stock with a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $164.78.

Check Out Our Latest Research Report on XOM

About Representative Hern

Kevin Hern (Republican Party) is a member of the U.S. House, representing Oklahoma’s 1st Congressional District. He assumed office on November 13, 2018. His current term ends on January 3, 2027.

Hern (Republican Party) is running for re-election to the U.S. House to represent Oklahoma’s 1st Congressional District. He declared candidacy for the 2026 election.

Kevin Hern went into business as a McDonald’s franchisee in 1999. He acquired 10 McDonald’s franchises by 2012. He served on the McDonald’s National Leadership Team for 13 years, including the tax policy team, the insurance corporation, and as chairman of the economics team. From 2011 to 2015, he was chairman of the finance committee of the Oklahoma Turnpike Authority.

About ExxonMobil

(Get Free Report)

Exxon Mobil Corporation, commonly known as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company also manufactures and markets fuels, lubricants, petrochemicals and specialty products used in transportation, industrial and consumer applications.

ExxonMobil operates across the energy value chain through businesses that include upstream oil and natural gas production, refining and fuels marketing, chemical manufacturing, and lower-carbon solutions.