Horizon Kinetics Asset Management LLC Lowers Stock Position in ExxonMobil Corporation $XOM

Horizon Kinetics Asset Management LLC reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 15.4% during the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 38,580 shares of the oil and gas company’s stock after selling 7,030 shares during the period. Horizon Kinetics Asset Management LLC’s holdings in ExxonMobil were worth $4,643,000 at the end of the most recent reporting period.

A number of other large investors have also recently made changes to their positions in the stock. Capital Investment Advisors LLC increased its stake in ExxonMobil by 6.6% in the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after acquiring an additional 14,233 shares during the last quarter. New Age Alpha Advisors LLC increased its stake in ExxonMobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after acquiring an additional 8,853 shares during the last quarter. Krilogy Financial LLC increased its stake in ExxonMobil by 46.6% in the 3rd quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after acquiring an additional 11,177 shares during the last quarter. Varma Mutual Pension Insurance Co increased its stake in ExxonMobil by 8.6% in the 3rd quarter. Varma Mutual Pension Insurance Co now owns 655,303 shares of the oil and gas company’s stock worth $73,885,000 after acquiring an additional 51,900 shares during the last quarter. Finally, Roberts Capital Advisors LLC bought a new stake in ExxonMobil in the 3rd quarter worth approximately $1,240,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at ExxonMobil

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

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on XOM. TD Cowen reduced their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Mizuho lifted their target price on ExxonMobil from $159.00 to $175.00 and gave the stock a “neutral” rating in a report on Wednesday, May 27th. Barclays lifted their target price on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a report on Tuesday, May 26th. Finally, Wells Fargo & Company lifted their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Ten analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $165.55.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon won a major EPCIC contract for the Coral Norte LNG project offshore Mozambique, a deal valued at more than €1 billion. The award expands Exxon’s LNG footprint, strengthens its global gas strategy, and could support future cash flow growth. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
• Positive Sentiment: Oil prices and the broader energy sector have been firm, which can help Exxon’s upstream earnings and improve sentiment toward the stock. Recent reports noted the Energy Select Sector SPDR Fund (XLE) has been strong year-to-date, reflecting renewed interest in oil producers. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
• Neutral Sentiment: Exxon reported $4.67 billion in profit from its Guyana operations in 2025, a huge contribution that underscores the importance of the asset, but the figure was slightly below the prior year because oil prices were weaker. Exxon 2025 profit in Guyana totaled $4.67 billion
• Neutral Sentiment: Analyst and market commentary suggests investors are actively watching XOM, but some coverage also notes the stock trades at a premium, which may limit near-term upside unless execution and commodity prices improve further. Is XOM Worth Betting on at its Premium Price or Should Investors Wait?
• Negative Sentiment: The Guyana profit headline also highlighted that earnings were slightly lower than the prior year, which may be weighing on sentiment and limiting enthusiasm despite the asset’s strong contribution. Exxon says profit from Guyana operations totaled $4.67B in 2025

ExxonMobil Price Performance

XOM opened at $148.77 on Wednesday. The business has a fifty day moving average of $153.25 and a 200 day moving average of $141.89. ExxonMobil Corporation has a 52-week low of $105.53 and a 52-week high of $176.41. 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 stock has a market cap of $616.62 billion, a P/E ratio of 25.09, a PEG ratio of 0.65 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company 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 business earned $1.76 EPS. ExxonMobil’s revenue was up 2.4% compared to the same quarter last year. As a group, sell-side analysts anticipate that ExxonMobil Corporation will post 11.66 EPS for the current year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a dividend of $1.03 per share. The ex-dividend date is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. ExxonMobil’s payout ratio is presently 69.48%.

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.