Strait & Sound Wealth Management LLC Buys 5,113 Shares of ExxonMobil Corporation $XOM

Strait & Sound Wealth Management LLC grew its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 220.2% in the fourth quarter, according to its most recent filing with the SEC. The institutional investor owned 7,435 shares of the oil and gas company’s stock after purchasing an additional 5,113 shares during the period. Strait & Sound Wealth Management LLC’s holdings in ExxonMobil were worth $895,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in the stock. Osprey Private Wealth LLC grew its holdings in shares of ExxonMobil by 8.6% in the fourth quarter. Osprey Private Wealth LLC now owns 12,588 shares of the oil and gas company’s stock valued at $1,515,000 after acquiring an additional 1,000 shares in the last quarter. Dynamic Wealth Strategies LLC grew its holdings in shares of ExxonMobil by 31.2% in the fourth quarter. Dynamic Wealth Strategies LLC now owns 3,107 shares of the oil and gas company’s stock valued at $374,000 after acquiring an additional 738 shares in the last quarter. Income Insurance Ltd bought a new position in shares of ExxonMobil in the fourth quarter valued at approximately $1,574,000. D Orazio & Associates Inc. grew its holdings in shares of ExxonMobil by 18.3% in the fourth quarter. D Orazio & Associates Inc. now owns 12,255 shares of the oil and gas company’s stock valued at $1,475,000 after acquiring an additional 1,896 shares in the last quarter. Finally, Austin Asset Management Co Inc grew its holdings in shares of ExxonMobil by 23.2% in the fourth quarter. Austin Asset Management Co Inc now owns 5,771 shares of the oil and gas company’s stock valued at $694,000 after acquiring an additional 1,085 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

XOM has been the subject of several recent analyst reports. Mizuho upped their target price on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. TD Cowen reduced their target price on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a report on Friday, April 10th. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ExxonMobil in a research note on Friday, April 10th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.70.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Argus raised its price target on ExxonMobil to $169 from $166 and kept a Buy rating, citing a strong Q1 earnings beat and expected 2026 production growth from the Permian and Guyana. Argus Hikes Exxon Mobil Price Target to $169 as Permian, Guyana Production Power 2026
• Positive Sentiment: Erste Group Bank slightly increased its FY2026 earnings estimate for ExxonMobil to $10.20 per share, reinforcing expectations for solid profitability even though the new estimate remains below the broader consensus.
• Positive Sentiment: ExxonMobil is also getting support from reports highlighting its AI-powered seismic tools in Guyana, which could improve exploration efficiency and help accelerate future project development. Exxon Mobil Uses AI Seismic Tools To Reshape Guyana Project Pipeline
• Neutral Sentiment: A court ruling requiring ExxonMobil to face a $1 billion lawsuit from InterOil’s founder over post-merger payments adds legal overhang, but the outcome is still uncertain. ExxonMobil Must Face InterOil Founder’s $1B Suit Over Post-Merger Payments
• Neutral Sentiment: Recent articles about Iran-related oil price spikes and Shell’s trading windfall underscore how geopolitics are moving the energy sector, but they do not directly change ExxonMobil’s fundamentals on their own.

Insider Activity

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the 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 sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by corporate insiders.

ExxonMobil Price Performance

ExxonMobil stock opened at $144.33 on Monday. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The business’s 50 day simple moving average is $155.04 and its 200 day simple moving average is $136.06. The company has a market cap of $598.22 billion, a price-to-earnings ratio of 24.34, a PEG ratio of 0.63 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last posted 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. The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business’s quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the business posted $1.76 earnings per share. Sell-side analysts forecast that ExxonMobil Corporation will post 11.45 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently announced 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. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.9%. ExxonMobil’s dividend payout ratio is currently 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.