Zhang Financial LLC Boosts Stake in ExxonMobil Corporation $XOM

Zhang Financial LLC lifted its holdings in ExxonMobil Corporation (NYSE:XOM) by 11.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 35,608 shares of the oil and gas company’s stock after buying an additional 3,797 shares during the quarter. Zhang Financial LLC’s holdings in ExxonMobil were worth $4,285,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of XOM. Franklin Resources Inc. boosted its stake in shares of ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Mercer Global Advisors Inc. ADV boosted 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 boosted 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. boosted 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 stake in shares of 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 buying an additional 886,087 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on XOM. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of ExxonMobil in a report on Wednesday, February 4th. Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 price target on shares of ExxonMobil in a research report on Tuesday, May 5th. HSBC raised their price target on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a research report on Friday, March 20th. Weiss Ratings cut ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Finally, Barclays raised their price target on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research report on Tuesday. Ten equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and a consensus target price of $165.55.

ExxonMobil Stock Performance

ExxonMobil stock opened at $147.37 on Friday. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41. The stock has a fifty day moving average price of $155.28 and a 200 day moving average price of $140.11. The firm has a market capitalization of $610.86 billion, a P/E ratio of 24.85, a PEG ratio of 0.65 and a beta of 0.19. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results 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. The firm 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%. ExxonMobil’s revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.76 earnings per share. Equities research analysts anticipate that ExxonMobil Corporation will post 11.49 earnings per share for the current year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. The ex-dividend date is Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil’s dividend payout ratio is currently 69.48%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon’s outlook is being boosted by elevated oil prices and supply concerns tied to Middle East tensions, with Reuters and market commentary suggesting the company could continue outperforming if energy prices stay firm. Prediction: ExxonMobil Will Outperform the S&P 500 in 2026
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price forecasts and increased its price target on XOM to $175 from $159, reinforcing a constructive view on ExxonMobil. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Exxon shareholders approved the company’s move to reincorporate in Texas, a step investors viewed as more management-friendly and potentially beneficial for governance and long-term strategy. Exxon wins shareholder backing for legal move to Texas
• Positive Sentiment: Exxon is advancing its Haimara project in Guyana, adding to its growth pipeline in the highly important Stabroek block. ExxonMobil Seeks Guyana EPA Clearance for Ninth Stabroek Development
• Neutral Sentiment: Exxon’s presentation at Bernstein’s Strategic Decisions Conference adds little immediate catalyst, but it may have offered updates on strategy and capital plans. Exxon Mobil Corporation (XOM) Presents at Bernstein 42nd Annual Strategic Decisions Conference Transcript
• Negative Sentiment: Zacks Research downgraded ExxonMobil from “strong-buy” to “hold,” which may temper near-term enthusiasm even as the broader oil backdrop remains supportive. Zacks.com

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.

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.