Mitchell Mcleod Pugh & Williams Inc. Increases Stock Position in ExxonMobil Corporation $XOM

Mitchell Mcleod Pugh & Williams Inc. grew its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 11.5% during the 4th quarter, Holdings Channel.com reports. The firm owned 39,889 shares of the oil and gas company’s stock after acquiring an additional 4,106 shares during the period. ExxonMobil makes up approximately 0.7% of Mitchell Mcleod Pugh & Williams Inc.’s portfolio, making the stock its 28th largest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in ExxonMobil were worth $4,800,000 at the end of the most recent reporting period.

Several other institutional investors also recently made changes to their positions in the stock. Berbice Capital Management LLC purchased a new position in shares of ExxonMobil during the 4th quarter worth $26,000. Midwest Capital Advisors LLC purchased a new position in shares of ExxonMobil during the 4th quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. lifted its holdings in shares of ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after acquiring an additional 187 shares during the period. Key Capital Management INC purchased a new position in shares of ExxonMobil during the 4th quarter worth about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of ExxonMobil during the 4th quarter worth about $32,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil Stock Up 1.2%

Shares of NYSE XOM opened at $150.72 on Thursday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The firm has a market cap of $624.73 billion, a price-to-earnings ratio of 25.42, a PEG ratio of 0.64 and a beta of 0.16. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The stock’s 50-day simple moving average is $152.83 and its 200-day simple moving average is $142.12.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The business had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business’s revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.76 earnings per share. As a group, equities analysts anticipate that ExxonMobil Corporation will post 11.66 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors 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 was Friday, May 15th. ExxonMobil’s payout ratio is 69.48%.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on XOM shares. Piper Sandler cut their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a report on Tuesday, May 5th. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Bank of America lifted their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, Scotiabank lifted their price objective 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. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and a consensus target price of $165.55.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 0.03% of the company’s stock.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Energy stocks were highlighted as potential winners after a stronger-than-expected May jobs report, which can lift oil-demand expectations and support ExxonMobil alongside the broader energy sector. Likely Sector ETF & Stock Winners From May Jobs Report
• Positive Sentiment: ExxonMobil’s Coral Norte LNG contract win in Mozambique adds another major LNG project to its portfolio, reinforcing its long-term gas growth strategy and potential cash-flow upside. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
• Positive Sentiment: Exxon reported $4.67 billion in profit from Guyana operations in 2025, underscoring the importance of this high-growth asset and its contribution to future earnings. Exxon 2025 profit in Guyana totaled $4.67 billion
• Positive Sentiment: The broader energy trade has been firm, with the Energy Select Sector ETF (XLE) up strongly year-to-date, signaling improving investor appetite for oil and gas names like ExxonMobil. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
• Neutral Sentiment: News that former Exxon CEO Lee Raymond died at 87 is notable for the company’s history, but it does not appear to have a direct operating impact on ExxonMobil’s near-term fundamentals. Former Exxon CEO Lee Raymond Dies at 87
• Neutral Sentiment: One market note said ExxonMobil underperformed peers despite gains, suggesting relative weakness versus competitors rather than a company-specific negative catalyst. Exxon Mobil Corp. stock underperforms Wednesday when compared to competitors despite daily gains

ExxonMobil 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.