Hodges Capital Management Inc. Sells 3,732 Shares of ExxonMobil Corporation $XOM

Hodges Capital Management Inc. trimmed its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 6.4% during the fourth quarter, HoldingsChannel.com reports. The firm owned 54,145 shares of the oil and gas company’s stock after selling 3,732 shares during the quarter. Hodges Capital Management Inc.’s holdings in ExxonMobil were worth $6,516,000 as of its most recent filing with the SEC.

A number of other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new position in ExxonMobil in the 4th quarter worth about $7,625,063,000. Bank of New York Mellon Corp increased its stake in ExxonMobil by 1.2% in the 4th quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock worth $5,608,488,000 after acquiring an additional 531,362 shares during the last quarter. Northern Trust Corp increased its stake in ExxonMobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the last quarter. Franklin Resources Inc. increased its stake in ExxonMobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Finally, Capital Research Global Investors increased its stake in ExxonMobil by 0.4% in the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock worth $3,790,773,000 after acquiring an additional 127,466 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Energy stocks were highlighted as potential winners after a stronger-than-expected May jobs report, which can lift oil-demand expectations and support ExxonMobil alongside the broader energy sector. Likely Sector ETF & Stock Winners From May Jobs Report
• Positive Sentiment: ExxonMobil’s Coral Norte LNG contract win in Mozambique adds another major LNG project to its portfolio, reinforcing its long-term gas growth strategy and potential cash-flow upside. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
• Positive Sentiment: Exxon reported $4.67 billion in profit from Guyana operations in 2025, underscoring the importance of this high-growth asset and its contribution to future earnings. Exxon 2025 profit in Guyana totaled $4.67 billion
• Positive Sentiment: The broader energy trade has been firm, with the Energy Select Sector ETF (XLE) up strongly year-to-date, signaling improving investor appetite for oil and gas names like ExxonMobil. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
• Neutral Sentiment: News that former Exxon CEO Lee Raymond died at 87 is notable for the company’s history, but it does not appear to have a direct operating impact on ExxonMobil’s near-term fundamentals. Former Exxon CEO Lee Raymond Dies at 87
• Neutral Sentiment: One market note said ExxonMobil underperformed peers despite gains, suggesting relative weakness versus competitors rather than a company-specific negative catalyst. Exxon Mobil Corp. stock underperforms Wednesday when compared to competitors despite daily gains

ExxonMobil Price Performance

Shares of ExxonMobil stock opened at $150.72 on Thursday. The business’s 50-day moving average price is $152.83 and its 200-day moving average price is $142.12. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12 month low of $105.53 and a 12 month high of $176.41. The firm has a market capitalization of $624.73 billion, a PE ratio of 25.42, a price-to-earnings-growth ratio of 0.64 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last posted its quarterly 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. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same period last year, the company earned $1.76 EPS. ExxonMobil’s revenue for the quarter was up 2.4% compared to the same quarter last year. Sell-side analysts forecast that ExxonMobil Corporation will post 11.66 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.

Insider Transactions at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s 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 transaction, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of equities analysts have weighed in on XOM shares. Scotiabank upped their target price on ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. upped their target price on ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 target price on shares of ExxonMobil in a research note on Tuesday, May 5th. HSBC upped their target price on ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research note on Friday, March 20th. Finally, BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a “neutral” rating in a research note on Friday, April 17th. Ten investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $165.55.

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.