ExxonMobil Corporation $XOM Shares Sold by Savant Capital LLC

Savant Capital LLC cut its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 2.3% in the fourth quarter, according to its most recent disclosure with the SEC. The firm owned 278,727 shares of the oil and gas company’s stock after selling 6,431 shares during the period. Savant Capital LLC’s holdings in ExxonMobil were worth $33,542,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in XOM. Berbice Capital Management LLC acquired a new stake in shares of ExxonMobil in the fourth quarter valued at about $26,000. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil during the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. grew its stake in 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 valued at $27,000 after acquiring an additional 187 shares in the last quarter. Key Capital Management INC purchased a new stake in ExxonMobil during the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil during the 4th quarter valued at about $32,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon’s own executive said global oil inventories could fall to “really, really low levels” within weeks because of Middle East conflict, a setup that could push oil prices higher and improve cash flow for integrated producers like ExxonMobil. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price outlooks and increased its price target on ExxonMobil, reflecting expectations that stronger crude prices could support XOM’s earnings and valuation. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Several recent pieces argue ExxonMobil could outperform the S&P 500 in 2026, citing resilient energy pricing and the stock’s strong run this year, which may help keep investor sentiment constructive. Prediction: ExxonMobil Will Outperform the S&P 500 in 2026
• Positive Sentiment: ExxonMobil won shareholder approval to move its corporate domicile to Texas, a governance win that could reduce legal risk and improve flexibility versus its previous New Jersey base. Exxon wins shareholder backing for legal move to Texas
• Positive Sentiment: Exxon is advancing the Haimara project in Guyana, its ninth major development in the Stabroek block, reinforcing long-term production growth prospects. Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM
• Neutral Sentiment: Exxon is also exploring a return to Venezuela and considering safeguards around that move; this could expand output over time, but regulatory and political hurdles remain. Inside Exxon’s Dilemma Over Returning to Venezuela
• Negative Sentiment: Zacks Research downgraded ExxonMobil from “strong-buy” to “hold,” which may have pressured sentiment despite the broader bullish oil backdrop. ExxonMobil was downgraded by Zacks Research from strong-buy to hold
• Negative Sentiment: Reuters also reported that tensions around possible Iran-U.S. peace progress have already weighed on crude prices at times, showing how quickly the war premium supporting oil stocks can fade if geopolitics improve. Seadrill, Kosmos Energy, and Tidewater Stocks Trade Down, What You Need To Know

Analyst Ratings Changes

Several equities research analysts recently issued reports on XOM shares. Jefferies Financial Group raised their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. HSBC raised their price objective on shares of ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research report on Friday, March 20th. Citigroup raised their price objective on shares of ExxonMobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research report on Thursday, April 2nd. Piper Sandler cut their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Finally, Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $165.55.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is currently owned by company insiders.

ExxonMobil Trading Down 0.4%

NYSE XOM opened at $147.37 on Friday. The firm has a 50 day simple moving average of $155.28 and a 200-day simple moving average of $140.11. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41. The firm has a market cap of $610.86 billion, a price-to-earnings ratio of 24.85, a PEG ratio of 0.65 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate 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 for the quarter was up 2.4% compared to the same quarter last year. During the same quarter last year, the firm posted $1.76 earnings per share. Equities research analysts anticipate that ExxonMobil Corporation will post 11.49 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued 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 2.8%. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

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.