McAlvany Wealth Management LLC Acquires 10,067 Shares of ExxonMobil Corporation $XOM

McAlvany Wealth Management LLC boosted its holdings in ExxonMobil Corporation (NYSE:XOM) by 107.6% during the 1st quarter, HoldingsChannel.com reports. The institutional investor owned 19,424 shares of the oil and gas company’s stock after acquiring an additional 10,067 shares during the quarter. ExxonMobil makes up approximately 2.1% of McAlvany Wealth Management LLC’s holdings, making the stock its 21st biggest holding. McAlvany Wealth Management LLC’s holdings in ExxonMobil were worth $3,331,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Norges Bank bought a new position in shares of ExxonMobil in the fourth quarter worth about $7,625,063,000. Quantum Portfolio Management LLC bought a new stake in shares of ExxonMobil during the 1st quarter valued at approximately $965,932,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC increased its position in ExxonMobil by 18.2% during the 4th quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 15,997,332 shares of the oil and gas company’s stock worth $1,925,119,000 after purchasing an additional 2,465,410 shares in the last quarter. Van ECK Associates Corp increased its position in ExxonMobil by 334.4% during the 4th quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock worth $368,541,000 after purchasing an additional 2,357,467 shares in the last quarter. Finally, Diamant Asset Management Inc. lifted its stake in ExxonMobil by 17,312.4% in the 1st quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company’s stock valued at $370,514,000 after purchasing an additional 2,171,322 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have weighed in on XOM shares. Jefferies Financial Group raised their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price target on shares of ExxonMobil in a report on Tuesday, May 5th. DZ Bank upgraded ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. JPMorgan Chase & Co. raised their price objective on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Finally, Bank of America upgraded ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 price objective on the stock in a research report on Tuesday, June 16th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $164.45.

ExxonMobil Price Performance

ExxonMobil stock opened at $151.53 on Wednesday. The stock’s 50 day moving average is $145.78 and its 200 day moving average is $146.90. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41. The firm has a market cap of $628.10 billion, a P/E ratio of 25.55, a P/E/G ratio of 0.61 and a beta of 0.17. 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 (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. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the prior year, the firm posted $1.76 EPS. The company’s revenue for the quarter was up 2.4% compared to the same quarter last year. As a group, research analysts expect that ExxonMobil Corporation will post 11.38 EPS for the current year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s dividend payout ratio is currently 69.48%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is scheduled to report second-quarter 2026 results on July 31, keeping investor attention on potential earnings and guidance updates. The report could reinforce the company’s cash-flow strength and dividend support. ExxonMobil to Release Second Quarter 2026 Financial Results
• Positive Sentiment: Recent commentary has highlighted ExxonMobil as one of the energy names positioned to benefit from rising energy demand and stronger oil market conditions, which can improve upstream earnings and free cash flow. These 3 Energy Stocks Could Outpace the Market in the Next 12 Months
• Positive Sentiment: Oil-linked funds and stock coverage have pointed to a sharp Brent crude rebound, which generally supports integrated oil companies like ExxonMobil by improving realizations and sentiment across the sector. This ‘Cash Cow’ ETF’s Energy Bet Just Paid Off as Brent Spiked 14% in Five Days
• Positive Sentiment: Analyst and media coverage continues to feature ExxonMobil’s energy portfolio favorably, suggesting Wall Street remains constructive on the company’s long-term fundamentals. The Zacks Analyst Blog Highlights Apple, JPMorgan Chase, ExxonMobil, Smith-Midland and Coffee Holding
• Neutral Sentiment: Several market recap items noted that ExxonMobil outperformed the broader market in the latest session, but these were mostly performance summaries rather than new company-specific catalysts. Exxon Mobil Holdings (XOM) Outperforms Broader Market: What You Need to Know
• Neutral Sentiment: ExxonMobil also appeared in lists of oil stocks to watch and analyst prediction roundups, which may support ongoing investor interest but did not include a major fresh catalyst. Promising Oil Stocks To Keep An Eye On – July 18th
• Negative Sentiment: No major negative company-specific developments were highlighted in the recent articles, so the stock’s move appears more tied to sector momentum and earnings anticipation than to any fresh setback for ExxonMobil.

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.