North Star Investment Management Corp. Has $6.99 Million Stake in ExxonMobil Corporation $XOM

North Star Investment Management Corp. reduced its position in ExxonMobil Corporation (NYSE:XOM) by 9.0% in the 4th quarter, according to its most recent filing with the SEC. The firm owned 58,050 shares of the oil and gas company’s stock after selling 5,724 shares during the period. North Star Investment Management Corp.’s holdings in ExxonMobil were worth $6,986,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil in the 4th quarter valued at $27,000. Key Capital Management INC acquired a new stake in shares of ExxonMobil in the 4th quarter valued at $28,000. Nvest Wealth Strategies Inc. acquired a new stake in shares of ExxonMobil in the 4th quarter valued at $32,000. DecisionPoint Financial LLC increased its stake in shares of ExxonMobil by 968.0% in the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock valued at $32,000 after buying an additional 242 shares during the period. Finally, Westfuller Advisors LLC acquired a new stake in shares of ExxonMobil in the 3rd quarter valued at $30,000. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

ExxonMobil Stock Down 0.8%

Shares of ExxonMobil stock opened at $153.10 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.15 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. The business has a fifty day simple moving average of $154.98 and a 200 day simple moving average of $135.09. The stock has a market cap of $636.38 billion, a PE ratio of 25.82, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. During the same period in the previous year, the firm earned $1.76 earnings per share. The firm’s quarterly revenue was up 2.4% compared to the same quarter last year. Research analysts predict that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is 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 61.58%.

Wall Street Analyst Weigh In

Several equities research analysts have recently commented on the company. Jefferies Financial Group lifted their target price on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Sanford C. Bernstein lowered their target price on ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. Bank of America lifted their target price on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Wolfe Research cut ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the stock. According to MarketBeat, ExxonMobil currently has a consensus rating of “Moderate Buy” and a consensus price target of $161.55.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction 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 directly owned 17,124 shares of the company’s stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last ninety days. 0.03% of the stock is owned by 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.