Sun Financial Inc acquired a new stake in ExxonMobil Corporation (NYSE:XOM – Free Report) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund acquired 3,455 shares of the oil and gas company’s stock, valued at approximately $416,000.
A number of other hedge funds and other institutional investors have also made changes to their positions in the business. Franklin Resources Inc. grew its position in ExxonMobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV grew its position in ExxonMobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock valued at $155,696,000 after acquiring an additional 2,546,791 shares during the period. AQR Capital Management LLC grew its position in ExxonMobil by 105.4% during the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock valued at $329,797,000 after acquiring an additional 1,501,235 shares during the period. Bessemer Group Inc. grew its position in ExxonMobil by 119.4% during the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after acquiring an additional 1,454,308 shares during the period. Finally, Legal & General Group Plc grew its position in ExxonMobil by 4.5% during the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock valued at $2,299,687,000 after acquiring an additional 886,087 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil Trading Up 0.7%
Shares of XOM opened at $153.80 on Tuesday. The stock’s 50-day moving average is $154.98 and its two-hundred day moving average is $135.25. The stock has a market cap of $639.29 billion, a PE ratio of 25.94, a P/E/G ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. 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 Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be paid a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil’s payout ratio is 69.48%.
Insider Activity at ExxonMobil
In related news, VP Darrin L. Talley sold 3,230 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $149.18, for a total value of $481,851.40. Following the transaction, the vice president owned 20,354 shares in the company, valued at approximately $3,036,409.72. The trade was a 13.70% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders sold a total of 6,460 shares of company stock valued at $989,104 in the last 90 days. Insiders own 0.03% of the company’s stock.
Trending Headlines about ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Q1 earnings beat — Exxon reported adjusted EPS of $1.16, roughly a 15% beat versus consensus and revenue above expectations, signaling resilient downstream and integrated operations and supporting today’s upside in the shares. ExxonMobil Crushes Q1 2026 EPS Estimates by 15% — Here’s What Investors Need to Know
- Positive Sentiment: Tighter supply dynamics — reporting that the U.S. has shipped large volumes abroad while inventories decline and fuel prices rise supports higher crude/refining margins, a tailwind for Exxon’s integrated model. US Ships 250 Million Barrels As Oil Shock Tests Export Limits
- Positive Sentiment: Investor narrative favors cash returns — coverage highlighting Big Oil’s transformation into disciplined, shareholder-friendly cash machines reinforces the view that Exxon can sustain buybacks/dividends, supporting valuation multiple. Big Oil Has Transformed Into Shareholder-Friendly Cash Machines, Says CNBC’s Halftime Report
- Neutral Sentiment: Potential Venezuela re-entry — Exxon is evaluating renewed opportunities in Venezuela after regulatory shifts; this could add long-term resource upside but is uncertain and politically sensitive. Exxon Mobil Weighs Venezuela Return As Valuation Signals Potential Upside
- Negative Sentiment: GAAP/profitability nuances — some outlets flag large year-over-year profit declines (driven by timing, derivatives and regional disruption impacts), which could temper enthusiasm if investors focus on headline GAAP volatility. Exxon, Chevron Profits Fall 46%, 37% Despite Oil Price Surge
Wall Street Analyst Weigh In
A number of equities research analysts have issued reports on the company. Piper Sandler lowered their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. TD Cowen lowered their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research report on Friday, April 10th. UBS Group boosted their price target on ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research report on Monday. Scotiabank boosted their price target on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Finally, Barclays boosted their price target on ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday, March 16th. 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.70.
Get Our Latest Research Report on XOM
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.
See Also
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.
