Wellspring Financial Advisors LLC boosted its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 92.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 27,389 shares of the oil and gas company’s stock after purchasing an additional 13,125 shares during the quarter. Wellspring Financial Advisors LLC’s holdings in ExxonMobil were worth $3,297,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Berbice Capital Management LLC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at $26,000. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. increased its stake in shares of ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares in the last quarter. Key Capital Management INC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. acquired a new stake in shares of ExxonMobil in the fourth quarter valued at $32,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.
ExxonMobil Trading Up 1.2%
Shares of ExxonMobil stock opened at $150.72 on Thursday. ExxonMobil Corporation has a 12-month low of $105.53 and a 12-month high of $176.41. The stock has a market cap of $624.73 billion, a P/E ratio of 25.42, a P/E/G ratio of 0.64 and a beta of 0.16. 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 business’s 50 day moving average is $152.83 and its 200-day moving average is $142.12.
ExxonMobil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil’s payout ratio is presently 69.48%.
Analyst Ratings Changes
A number of analysts have recently weighed in on the company. 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. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Citigroup boosted their target price on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. TD Cowen cut their price objective on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a report on Friday, April 10th. Finally, Sanford C. Bernstein cut their price objective on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat.com, ExxonMobil has an average rating of “Hold” and an average price target of $165.55.
Insider Buying and Selling at ExxonMobil
In related news, VP Darrin L. Talley sold 1,080 shares of the business’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 of the company’s stock, valued at approximately $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 can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.
Key Stories Impacting ExxonMobil
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
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.
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