Kestra Private Wealth Services LLC Sells 12,511 Shares of ExxonMobil Corporation $XOM

Kestra Private Wealth Services LLC lowered its holdings in ExxonMobil Corporation (NYSE:XOM) by 4.4% during the first quarter, Holdings Channel.com reports. The firm owned 274,673 shares of the oil and gas company’s stock after selling 12,511 shares during the period. ExxonMobil accounts for about 0.6% of Kestra Private Wealth Services LLC’s portfolio, making the stock its 28th largest position. Kestra Private Wealth Services LLC’s holdings in ExxonMobil were worth $46,601,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in XOM. Chatterton & Associates Inc. raised its holdings in shares of ExxonMobil by 12.7% in the first quarter. Chatterton & Associates Inc. now owns 5,467 shares of the oil and gas company’s stock valued at $848,000 after buying an additional 616 shares during the last quarter. Arta Finance Wealth Management LLC grew its holdings in ExxonMobil by 13.5% during the 1st quarter. Arta Finance Wealth Management LLC now owns 4,954 shares of the oil and gas company’s stock worth $840,000 after acquiring an additional 591 shares during the last quarter. Cardinal Strategic Wealth Guidance grew its holdings in ExxonMobil by 1.9% during the 1st quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock worth $631,000 after acquiring an additional 68 shares during the last quarter. White Pine Investment CO acquired a new stake in ExxonMobil in the 1st quarter valued at about $210,000. Finally, 25 LLC raised its stake in shares of ExxonMobil by 18.3% in the first quarter. 25 LLC now owns 2,209 shares of the oil and gas company’s stock worth $375,000 after acquiring an additional 342 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil received a legal boost when the Supreme Court revived its billion-dollar Cuba claim, which could support future recoveries if the case ultimately goes Exxon’s way.
• Positive Sentiment: ExxonMobil’s application to expand its footprint in Guyana points to continued investment in a key growth region, reinforcing the company’s long-term production potential.
• Positive Sentiment: Analyst and investor commentary continues to frame ExxonMobil as a dividend and value play, which may help limit downside among income-focused investors.
• Neutral Sentiment: Articles comparing ExxonMobil with Enterprise Products and discussing oil stocks broadly suggest investors are still weighing Exxon’s resilience against softer oil prices and midstream alternatives.
• Neutral Sentiment: Commentary on ExxonMobil’s long-term evolution and cash-flow valuation was generally constructive, but did not point to an immediate catalyst.
• Negative Sentiment: Crude oil dropped to its lowest level since the Iran conflict began, which pressured energy shares including ExxonMobil by reducing expected near-term upstream profits.
• Negative Sentiment: President Trump ordered a DOJ probe into ExxonMobil and other oil companies over elevated natural gas prices, creating headline risk and potential regulatory overhang.
• Negative Sentiment: Recent market coverage noted ExxonMobil had already pulled back over the past month, reflecting investor caution as energy prices and sector sentiment softened.

ExxonMobil Stock Down 0.8%

NYSE:XOM opened at $136.41 on Friday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The stock has a 50-day moving average price of $148.59 and a two-hundred day moving average price of $143.96. The stock has a market cap of $565.43 billion, a price-to-earnings ratio of 23.00, a PEG ratio of 0.58 and a beta of 0.16. 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 (NYSE:XOM) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping 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 for the quarter, compared to analyst estimates of $81.13 billion. During the same quarter last year, the firm posted $1.76 earnings per share. ExxonMobil’s revenue was up 2.4% compared to the same quarter last year. As a group, equities analysts expect that ExxonMobil Corporation will post 11.86 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.0%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

Analyst Ratings Changes

XOM has been the topic of several research reports. Jefferies Financial Group upped their price objective on ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Barclays upped their price target on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. Weiss Ratings lowered ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Finally, Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 26th. Eleven investment analysts have rated the stock with 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 price target of $165.70.

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.