ExxonMobil Corporation $XOM Shares Sold by Cullinan Associates Inc.

Cullinan Associates Inc. cut its holdings in ExxonMobil Corporation (NYSE:XOM) by 2.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 251,604 shares of the oil and gas company’s stock after selling 5,807 shares during the quarter. ExxonMobil makes up approximately 2.1% of Cullinan Associates Inc.’s portfolio, making the stock its 12th largest holding. Cullinan Associates Inc.’s holdings in ExxonMobil were worth $30,278,000 as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Midwest Capital Advisors LLC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $27,000. Key Capital Management INC acquired a new stake in ExxonMobil during the fourth quarter worth approximately $28,000. Westfuller Advisors LLC acquired a new stake in ExxonMobil during the third quarter worth approximately $30,000. Nvest Wealth Strategies Inc. acquired a new stake in ExxonMobil during the fourth quarter worth approximately $32,000. Finally, DecisionPoint Financial LLC boosted its position in ExxonMobil by 968.0% during the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after acquiring an additional 242 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

Insider Buying and Selling at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. In the last quarter, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by company insiders.

ExxonMobil Stock Down 0.8%

Shares of XOM opened at $153.10 on Friday. The firm has a market cap of $636.38 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. The company’s fifty day moving average is $154.98 and its two-hundred day moving average is $135.09. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. ExxonMobil’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the business earned $1.76 EPS. Analysts forecast that ExxonMobil Corporation will post 11.18 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is 61.58%.

Analysts Set New Price Targets

A number of analysts recently issued reports on XOM shares. Sanford C. Bernstein decreased their target price on shares of ExxonMobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Mizuho raised their target price on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. Wells Fargo & Company raised their target price on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. UBS Group restated a “buy” rating and set a $171.00 target price on shares of ExxonMobil in a research report on Monday, February 2nd. Finally, TD Cowen decreased their target price on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research report on Friday, April 10th. One research 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. Based on data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $161.55.

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.