Waverly Advisors LLC increased its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 9.0% in the 1st quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 355,189 shares of the oil and gas company’s stock after purchasing an additional 29,390 shares during the quarter. Waverly Advisors LLC’s holdings in ExxonMobil were worth $60,261,000 at the end of the most recent reporting period.
Several other hedge funds have also recently bought and sold shares of XOM. Norges Bank acquired a new stake in shares of ExxonMobil during the 4th quarter worth approximately $7,625,063,000. Quantum Portfolio Management LLC acquired a new position in ExxonMobil during the first quarter valued at approximately $965,932,000. Arrowstreet Capital Limited Partnership bought a new stake in ExxonMobil during the first quarter worth $766,345,000. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC boosted its holdings in shares of ExxonMobil by 18.2% in 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 valued at $1,925,119,000 after purchasing an additional 2,465,410 shares in the last quarter. Finally, Van ECK Associates Corp increased its stake in shares of ExxonMobil by 334.4% in the 4th quarter. Van ECK Associates Corp now owns 3,062,497 shares of the oil and gas company’s stock valued at $368,541,000 after purchasing an additional 2,357,467 shares during the last quarter. 61.80% of the stock is owned by institutional investors.
Analyst Upgrades and Downgrades
A number of research analysts have issued reports on XOM shares. Mizuho decreased their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Scotiabank raised their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. JPMorgan Chase & Co. upped their price objective 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. UBS Group increased their price objective on shares of ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Finally, Citigroup restated a “neutral” rating on shares of ExxonMobil in a research report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $163.25.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Oil prices jumped sharply after renewed geopolitical tension tied to Iran, improving the outlook for ExxonMobil’s upstream earnings and cash flow. The Iran War Isn’t Stopping and What That Means for Chevron and Exxon Mobil
- Positive Sentiment: Recent articles highlight ExxonMobil’s strong 2026 stock performance and technical breakout potential, which can attract momentum-focused investors. ExxonMobil shares approach a possible key breakout as technical indicators align bullishly
- Neutral Sentiment: Analysts expect ExxonMobil to report higher earnings next week, but one preview notes the setup may not be ideal for a clear earnings beat, keeping expectations mixed. Exxon Mobil Holdings (XOM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
- Neutral Sentiment: Several pieces point to continued investor interest in ExxonMobil from dividend and energy-focused funds, but these are more supportive of sentiment than immediate stock-moving catalysts. Madison Dividend Income Fund is Bullish on ExxonMobil Holdings Corporation (XOM)
ExxonMobil Stock Performance
NYSE:XOM opened at $156.88 on Monday. The stock’s 50-day moving average is $145.91 and its 200-day moving average is $147.60. ExxonMobil Corporation has a 1-year low of $105.53 and a 1-year high of $176.41. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The stock has a market cap of $650.28 billion, a P/E ratio of 26.46, a price-to-earnings-growth ratio of 0.64 and a beta of 0.17.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data 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 during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter last year, the business earned $1.76 EPS. The firm’s quarterly revenue was up 2.4% on a year-over-year basis. Equities research analysts anticipate that ExxonMobil Corporation will post 11.55 earnings per share for the current year.
ExxonMobil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.
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.
Featured Stories
- Five stocks we like better than ExxonMobil
- RTX and Lockheed Earnings: Can Strong Guidance Reset the Defense Trade?
- These 4 Earnings Reports Expose the Market’s Growing Economic Divide
- Broadcom May Be the Biggest Winner From Alphabet’s Earnings
- Volatility Is Back and These 3 Market Tollbooths Are Best Positioned to Profit
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
