Sound Income Strategies LLC Raises Stake in Exxon Mobil Corporation $XOM

Sound Income Strategies LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 38.1% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 23,568 shares of the oil and gas company’s stock after buying an additional 6,499 shares during the quarter. Sound Income Strategies LLC’s holdings in Exxon Mobil were worth $3,061,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also modified their holdings of the company. Maryland State Retirement & Pension System grew its holdings in Exxon Mobil by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after purchasing an additional 5,573 shares during the period. Capital Investment Advisors LLC grew its holdings in Exxon Mobil by 6.6% in the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock valued at $27,857,000 after purchasing an additional 14,233 shares during the period. U.S. Capital Wealth Advisors LLC grew its holdings in Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares during the period. HORAN Wealth LLC grew its holdings in Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC grew its holdings in Exxon Mobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after purchasing an additional 8,853 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil News Roundup

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Exxon said higher oil & gas prices from the Iran war could lift Q1 upstream earnings by as much as $2.9B, a near‑term earnings tailwind that supports cash flow and dividends. Exxon signals Q1 upstream profit bump
• Positive Sentiment: Exxon’s helium position (LaBarge) and recent analyst estimate increases (Erste raising FY2026/27 EPS) create structural upside outside oil — a diversification positive if helium/LNG tightness persists. Analyst estimates/LaBarge helium
• Neutral Sentiment: Wolfe Research maintained a Buy but trimmed its price target modestly (from $158 to $153), a small analyst move that partly tempers buy-side conviction. Wolfe Research price target change
• Negative Sentiment: Exxon disclosed ~6% of global Q1 production was knocked out by Middle East conflict (assets in Qatar/UAE affected), directly cutting volumes and near-term revenue. Exxon sees 6% output shut
• Negative Sentiment: Company warnings estimate upstream earnings hit of $300M–$500M and energy products (downstream) impacts up to ~$300M in Q1, adding earnings uncertainty despite oil price strength. Q1 hit warning
• Negative Sentiment: Operational downtime: planned spring and year‑end overhauls at the 612k bpd Beaumont, TX refinery add short‑term refining downtime and margin risk. Beaumont refinery overhauls
• Negative Sentiment: Market/technical pressure: a tentative break below the 50‑day moving average and the broader sector pullback after a US‑Iran ceasefire lifted general equities (which reduced the oil-risk premium) have prompted traders to trim energy positions. Technical/50-day MA story

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 4.7%

Shares of XOM stock opened at $156.18 on Thursday. The stock has a market cap of $650.76 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $176.41. The firm’s 50 day moving average price is $154.00 and its two-hundred day moving average price is $130.93.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the previous year, the company posted $1.67 earnings per share. Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.

Analysts Set New Price Targets

A number of equities research analysts recently issued reports on the stock. Piper Sandler boosted their target price on shares of Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. Scotiabank upgraded shares of Exxon Mobil to a “strong-buy” rating in a report on Friday, March 27th. BMO Capital Markets restated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Barclays boosted their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Finally, HSBC boosted their target price on shares of Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, nine have given a Buy rating, nine have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and a consensus target price of $152.42.

Exxon Mobil Company Profile

Exxon Mobil 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.