ExxonMobil Corporation $XOM Stock Position Boosted by Morse Asset Management Inc

Morse Asset Management Inc raised its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 40.3% during the 4th quarter, Holdings Channel reports. The institutional investor owned 42,855 shares of the oil and gas company’s stock after buying an additional 12,314 shares during the period. ExxonMobil comprises approximately 1.0% of Morse Asset Management Inc’s holdings, making the stock its 26th largest position. Morse Asset Management Inc’s holdings in ExxonMobil were worth $5,157,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the stock. Eagle Capital Management LLC raised its holdings in ExxonMobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP bought a new position in ExxonMobil during the 1st quarter valued at $305,000. Sivia Capital Partners LLC boosted its stake in ExxonMobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after purchasing an additional 207 shares in the last quarter. United Bank increased its position in shares of ExxonMobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after purchasing an additional 600 shares during the period. Finally, Schnieders Capital Management LLC. raised its stake in shares of ExxonMobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after buying an additional 5,443 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 results beat expectations — Exxon posted adjusted EPS above estimates and revenue ahead of consensus, with Permian and Guyana contributions and cost savings cited as drivers that help free cash flow and support buybacks/dividends. XOM Q1 Deep Dive
• Positive Sentiment: Faster reservoir analysis via AI in Guyana could speed project cycle times and lift near?term production optionality — a potential multi-quarter catalyst for volumes and cash generation. Exxon using AI for faster analysis
• Positive Sentiment: RBC reaffirmed a sector?perform rating and set a $180 price target — an analyst endorsement that suggests upside from current levels and can attract income/valuation?oriented investors. Benzinga – RBC rating
• Neutral Sentiment: Analyst fair?value and narrative shifts: some models nudged Exxon’s fair value slightly higher as analysts reassess oil price assumptions and cash?flow outlooks — useful context but not an immediate catalyst. How The Exxon Mobil Narrative Is Shifting
• Neutral Sentiment: Stock is a trending name on retail/analysis sites — increased attention can amplify moves but also raise volatility. Exxon trending article
• Negative Sentiment: Headline volatility in reported profits — some coverage notes lower GAAP metrics and derivative/timing effects despite adjusted beats, highlighting earnings noise that can weigh sentiment. Exxon, Chevron profits fall despite oil price surge
• Negative Sentiment: Broader supply/flow developments — reports of large U.S. shipments and export dynamics could blunt oil price upside over time, a headwind for margins if sustained. US Ships 250 Million Barrels

Analyst Ratings Changes

XOM has been the subject of several research analyst reports. UBS Group upped their price objective on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a report on Monday. Loop Capital set a $123.00 price target on shares of ExxonMobil in a research report on Tuesday, February 3rd. TD Cowen cut their price target on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a report on Friday, April 10th. Wolfe Research lowered shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Finally, Piper Sandler lowered their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. One equities 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, the company has a consensus rating of “Moderate Buy” and an average price target of $161.70.

ExxonMobil Stock Performance

Shares of XOM opened at $154.90 on Wednesday. The company has a 50-day moving average of $155.14 and a two-hundred day moving average of $135.55. The stock has a market cap of $643.85 billion, a price-to-earnings ratio of 26.12, a PEG ratio of 0.69 and a beta of 0.19. 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 one year low of $101.18 and a one year high of $176.41.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results 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 net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the previous year, the business earned $1.76 earnings per share. The firm’s revenue was up 2.4% compared to the same quarter last year. On average, equities research analysts expect that ExxonMobil Corporation will post 11.14 earnings per share for the current year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil’s payout ratio is 69.48%.

Insider Activity

In other 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 value of $167,940.00. Following the completion of 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 document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 6,460 shares of company stock valued at $989,104 in the last ninety days. 0.03% of the stock is owned by corporate insiders.

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.