Crossmark Global Holdings Inc. Boosts Stake in ExxonMobil Corporation $XOM

Crossmark Global Holdings Inc. boosted its holdings in ExxonMobil Corporation (NYSE:XOM) by 12.7% during the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 384,832 shares of the oil and gas company’s stock after acquiring an additional 43,470 shares during the quarter. ExxonMobil accounts for about 0.7% of Crossmark Global Holdings Inc.’s investment portfolio, making the stock its 24th largest position. Crossmark Global Holdings Inc.’s holdings in ExxonMobil were worth $46,311,000 as of its most recent SEC filing.

Other large investors have also recently modified their holdings of the company. Ethic Inc. grew its holdings in shares of ExxonMobil by 13.6% during the fourth quarter. Ethic Inc. now owns 97,967 shares of the oil and gas company’s stock worth $11,789,000 after purchasing an additional 11,749 shares in the last quarter. Ballast Inc. raised its stake in ExxonMobil by 3.3% in the fourth quarter. Ballast Inc. now owns 19,569 shares of the oil and gas company’s stock valued at $2,355,000 after purchasing an additional 624 shares in the last quarter. Cheviot Value Management LLC raised its stake in ExxonMobil by 0.5% in the fourth quarter. Cheviot Value Management LLC now owns 126,893 shares of the oil and gas company’s stock valued at $15,270,000 after purchasing an additional 673 shares in the last quarter. Buck Wealth Strategies LLC lifted its position in ExxonMobil by 8.1% during the fourth quarter. Buck Wealth Strategies LLC now owns 3,601 shares of the oil and gas company’s stock valued at $433,000 after purchasing an additional 271 shares during the last quarter. Finally, Channel Wealth LLC lifted its position in ExxonMobil by 4.3% during the fourth quarter. Channel Wealth LLC now owns 9,197 shares of the oil and gas company’s stock valued at $1,107,000 after purchasing an additional 376 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of research analyst reports. Wolfe Research lowered shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. JPMorgan Chase & Co. upped their target price on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. TD Cowen reduced their target price on ExxonMobil from $175.00 to $172.00 and set a “buy” rating on the stock in a research note on Friday, April 10th. Wells Fargo & Company raised their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Finally, Loop Capital set a $123.00 price target on ExxonMobil in a research note on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $161.70.

ExxonMobil Stock Down 1.5%

Shares of NYSE:XOM opened at $144.33 on Friday. The stock has a market capitalization of $598.22 billion, a P/E ratio of 24.34, a price-to-earnings-growth ratio of 0.64 and a beta of 0.19. The stock’s 50-day moving average price is $155.04 and its 200-day moving average price is $136.06. 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 Corporation has a 12-month low of $101.18 and a 12-month high of $176.41.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.ExxonMobil’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.76 EPS. On average, equities analysts anticipate that ExxonMobil Corporation will post 11.45 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.9%. ExxonMobil’s payout ratio is presently 69.48%.

More ExxonMobil News

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 Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the 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 completion of the sale, the vice president 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 document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 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 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.