Montag A & Associates Inc. Trims Position in ExxonMobil Corporation $XOM

Montag A & Associates Inc. lessened its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 7.9% in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 81,651 shares of the oil and gas company’s stock after selling 7,028 shares during the quarter. Montag A & Associates Inc.’s holdings in ExxonMobil were worth $9,826,000 at the end of the most recent reporting period.

A number of other hedge funds have also added to or reduced their stakes in the stock. Core Alternative Capital grew its holdings in ExxonMobil by 6.4% during the 4th quarter. Core Alternative Capital now owns 68,733 shares of the oil and gas company’s stock valued at $8,271,000 after buying an additional 4,117 shares in the last quarter. AlphaStar Capital Management LLC grew its holdings in ExxonMobil by 8.7% during the 4th quarter. AlphaStar Capital Management LLC now owns 83,449 shares of the oil and gas company’s stock valued at $10,042,000 after buying an additional 6,704 shares in the last quarter. Woodard & Co. Asset Management Group Inc. ADV grew its holdings in ExxonMobil by 10.2% during the 4th quarter. Woodard & Co. Asset Management Group Inc. ADV now owns 30,570 shares of the oil and gas company’s stock valued at $3,679,000 after buying an additional 2,829 shares in the last quarter. Greenfield Savings Bank grew its holdings in ExxonMobil by 1.2% during the 4th quarter. Greenfield Savings Bank now owns 21,828 shares of the oil and gas company’s stock valued at $2,627,000 after buying an additional 264 shares in the last quarter. Finally, Alliance Wealth Strategies LLC d b a Brown Edwards Wealth Strategies purchased a new position in ExxonMobil during the 4th quarter valued at about $354,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent analyst reports. JPMorgan Chase & Co. lifted their target price on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Wolfe Research lowered ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. Wells Fargo & Company lifted their target price on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 price objective on shares of ExxonMobil in a report on Wednesday, February 4th. Finally, Citigroup boosted their price objective on ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a report on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $161.70.

Key Stories Impacting 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

ExxonMobil Stock Up 0.7%

Shares of NYSE XOM opened at $153.80 on Tuesday. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month 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 firm has a market capitalization of $639.29 billion, a price-to-earnings ratio of 25.94, a PEG ratio of 0.69 and a beta of 0.19. The business has a 50-day moving average of $154.98 and a 200-day moving average of $135.25.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the previous year, the firm earned $1.76 earnings per share. ExxonMobil’s revenue was up 2.4% on a year-over-year basis. Sell-side analysts expect that ExxonMobil Corporation will post 11.18 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.7%. ExxonMobil’s dividend payout ratio is currently 69.48%.

Insider Transactions at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction that occurred on Monday, March 16th. The stock was 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 of the company’s stock, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 6,460 shares of company stock valued at $989,104 over the last ninety days. 0.03% of the stock is owned by corporate 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.