ExxonMobil Corporation $XOM Shares Bought by Smith Salley Wealth Management

Smith Salley Wealth Management grew its position in shares of ExxonMobil Corporation (NYSE:XOM) by 8.7% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 81,719 shares of the oil and gas company’s stock after acquiring an additional 6,543 shares during the quarter. Smith Salley Wealth Management’s holdings in ExxonMobil were worth $9,834,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Franklin Resources Inc. increased its stake 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 worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV grew its stake in shares of ExxonMobil by 218.4% in 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 buying an additional 2,546,791 shares in the last quarter. AQR Capital Management LLC grew its stake in shares of ExxonMobil by 105.4% in 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 buying an additional 1,501,235 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of ExxonMobil by 119.4% in 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 buying an additional 1,454,308 shares in the last quarter. Finally, Legal & General Group Plc boosted its holdings in ExxonMobil by 4.5% in 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 purchasing an additional 886,087 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of analyst reports. Citigroup increased their price target on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Piper Sandler reduced their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Zacks Research raised ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. JPMorgan Chase & Co. increased their price target on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Finally, Barclays increased their price target on ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $161.55.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 5,000 shares of ExxonMobil stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last ninety days, insiders sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by company insiders.

ExxonMobil Price Performance

Shares of XOM opened at $149.46 on Thursday. The firm has a market cap of $621.24 billion, a price-to-earnings ratio of 22.34, a PEG ratio of 0.75 and a beta of 0.29. The stock has a 50 day moving average of $154.73 and a 200-day moving average of $133.49. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the firm earned $1.67 EPS. As a group, analysts forecast that ExxonMobil Corporation will post 9.94 EPS for the current year.

ExxonMobil 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 $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. ExxonMobil’s dividend payout ratio (DPR) is presently 61.58%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Scotiabank raised its price target on XOM to $163 and moved to a “sector outperform” view, signaling stronger analyst conviction and potential upside versus peers. Scotiabank raises XOM PT to $163 (Benzinga)
• Positive Sentiment: Analyst reports highlight Exxon’s production growth, Guyana success and low‑carbon investments — reinforcing the growth and diversification narrative that supports valuation multiple expansion. Top Analyst Reports for Exxon Mobil, IBM & Citigroup
• Positive Sentiment: Gabon expects to sign production‑sharing contracts with BP and Exxon within 4–6 months — a near‑term opportunity to boost upstream volumes and future cash flow. Gabon expects to sign production-sharing contracts with BP and Exxon (Reuters)
• Positive Sentiment: Exxon and peers are raising prices for plastics amid supply shocks tied to Middle East tensions — a margin tailwind for the chemicals segment if spreads hold. This Is Why Exxon Mobil Corporation (XOM) Is Hiking Plastics Prices (Yahoo)
• Positive Sentiment: Zacks added XOM to its Rank #1 (Strong Buy) lists (general and income focused), which can attract investor interest from momentum and income‑seeking flows. New Strong Buy Stocks for April 22nd (Zacks)
• Neutral Sentiment: Bloomberg/Reuters report Exxon is exploring a sale of its Hong Kong gas‑station network for $500–$600M — a noncore asset sale that could free cash and slightly improve capital allocation but is not material to overall free cash flow. Exxon Mobil Is Said to Consider Sale of Hong Kong Gas Stations (Bloomberg)
• Negative Sentiment: Wolfe Research downgraded Exxon, saying shares look fairly valued after a recent rally — that could pressure sentiment and limit near‑term upside from multiple expansion. Exxon downgraded at Wolfe (Seeking Alpha)
• Negative Sentiment: Ongoing governance disputes (proxy fights over board/CEO structure and shareholder voting) add investor uncertainty and could be a distraction during heightened geopolitical risk. Does Exxon’s Governance Standoff Amid Middle East Turmoil Change The Bull Case For XOM? (Yahoo)

ExxonMobil Company 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.