Broadwater Capital Management LLC Sells 6,200 Shares of ExxonMobil Corporation $XOM

Broadwater Capital Management LLC decreased its position in shares of ExxonMobil Corporation (NYSE:XOM) by 22.3% during the fourth quarter, HoldingsChannel reports. The fund owned 21,570 shares of the oil and gas company’s stock after selling 6,200 shares during the quarter. ExxonMobil accounts for approximately 1.9% of Broadwater Capital Management LLC’s investment portfolio, making the stock its 14th largest holding. Broadwater Capital Management LLC’s holdings in ExxonMobil were worth $2,596,000 at the end of the most recent quarter.

Other hedge funds have also bought and sold shares of the company. Midwest Capital Advisors LLC bought a new position in ExxonMobil during the fourth quarter valued at $27,000. Key Capital Management INC bought a new position in shares of ExxonMobil in the fourth quarter worth about $28,000. Nvest Wealth Strategies Inc. bought a new position in shares of ExxonMobil in the fourth quarter worth about $32,000. DecisionPoint Financial LLC grew its holdings in shares of ExxonMobil by 968.0% in the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after purchasing an additional 242 shares during the last quarter. Finally, Westfuller Advisors LLC bought a new position in shares of ExxonMobil in the third quarter worth about $30,000. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the stock. Piper Sandler cut their price target on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Zacks Research raised shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Barclays increased their price objective on ExxonMobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Morgan Stanley dropped their price objective on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a research note on Friday, April 17th. Finally, BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the stock a “neutral” rating in a research note on Friday, April 17th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company. According to MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and a consensus price target of $161.70.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 results, continued large buybacks and a reaffirmed dividend support cash returns and shareholder yield, providing a fundamental cushion for the stock. Exxon’s Earnings Beat, Buybacks, and Governance Fight Might Change The Case For Investing In Exxon Mobil (XOM)
• Positive Sentiment: Meeting with President Trump and Chevron about Venezuela could signal potential policy or commercial opportunities to access Venezuelan oil reserves — a medium-term upside if it leads to sanctioned-asset access or U.S.-friendly arrangements. Trump met with Chevron and ExxonMobil on Tuesday to discuss Venezuela
• Positive Sentiment: Exxon’s use of AI to analyze Guyana seismic data faster could accelerate development timelines and lower exploration costs, supporting future production and margins. Exxon using AI for faster analysis of Guyana’s oil fields, VP of exploration says
• Neutral Sentiment: Analyst coverage and price-target updates (e.g., RBC reiteration with a $180 target) keep upside narratives alive but don’t immediately change fundamentals. Benzinga
• Neutral Sentiment: Several bullish price-target pieces suggest milestones up to ~$197, reflecting bullish valuation cases if oil stays strong; these are market views rather than new company actions. Exxon Mobil’s Next Big Milestone Could Be $197
• Negative Sentiment: Shares are down amid broader sector weakness as markets price in an end to the Iran-related conflict — lower geopolitical risk reduces oil-price risk premia and compresses near-term revenue expectations for majors. Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End
• Negative Sentiment: Corporate-governance friction (redomicile to Texas and retail-voting design) and growing shareholder activism add governance uncertainty that can weigh on sentiment despite strong cash returns. Exxon’s Earnings Beat, Buybacks, and Governance Fight Might Change The Case For Investing In Exxon Mobil (XOM)

Insider Activity at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 6,460 shares of company stock worth $989,104 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.

ExxonMobil Stock Down 3.9%

Shares of ExxonMobil stock opened at $148.77 on Thursday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41. The firm’s 50-day moving average is $155.10 and its two-hundred day moving average is $135.82. The stock has a market cap of $616.66 billion, a price-to-earnings ratio of 25.09, a PEG ratio of 0.69 and a beta of 0.19.

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. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same period in the prior year, the business earned $1.76 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. As a group, research analysts expect that ExxonMobil Corporation will post 11.19 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil’s dividend 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.