Petersen Hastings Wealth Advisors Inc. Acquires New Shares in ExxonMobil Corporation $XOM

Posted by Mitch Edgeman on Jun 5th, 2026

Petersen Hastings Wealth Advisors Inc. acquired a new stake in ExxonMobil Corporation (NYSE:XOM – Free Report) in the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor acquired 4,527 shares of the oil and gas company’s stock, valued at approximately $545,000.

A number of other large investors have also made changes to their positions in the company. Parallel Advisors LLC increased its position in shares of ExxonMobil by 10.2% in the 4th quarter. Parallel Advisors LLC now owns 77,456 shares of the oil and gas company’s stock valued at $9,321,000 after buying an additional 7,145 shares in the last quarter. Randolph Co Inc increased its position in shares of ExxonMobil by 21.0% in the 4th quarter. Randolph Co Inc now owns 271,480 shares of the oil and gas company’s stock valued at $32,670,000 after buying an additional 47,071 shares in the last quarter. Total Wealth Planning & Management Inc. bought a new stake in shares of ExxonMobil in the 4th quarter valued at $1,729,000. Lifestyle Asset Management Inc. boosted its stake in ExxonMobil by 1.1% in the 4th quarter. Lifestyle Asset Management Inc. now owns 64,210 shares of the oil and gas company’s stock worth $7,727,000 after purchasing an additional 701 shares during the period. Finally, Prestige Wealth Management Group LLC boosted its stake in ExxonMobil by 1.3% in the 4th quarter. Prestige Wealth Management Group LLC now owns 25,849 shares of the oil and gas company’s stock worth $3,111,000 after purchasing an additional 337 shares during the period. Institutional investors own 61.80% of the company’s stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Rising tensions tied to the Iran conflict are tightening the oil market, which could lift crude prices and improve ExxonMobil’s upstream earnings and cash flow. As the Iran conflict shakes up the oil market, where can investors find value?
Positive Sentiment: ExxonMobil is still being highlighted by bullish stock screens and analysts, including price-target increases from brokers such as Mizuho and Barclays, reinforcing the view that the shares still have upside. Exxon Mobil Corporation (XOM) Among the Best Low Cost Stocks to Buy Now
Positive Sentiment: Exxon’s Permian business is being cited as a key advantage because of low breakevens and rising production, which supports profitability if oil stays elevated. ExxonMobil’s Permian Advantage: Low Breakeven, Rising Production
Positive Sentiment: An Exxon senior vice president said Brent could surge to $150-$160 per barrel in coming weeks, underscoring a sharply bullish commodity outlook that would likely benefit ExxonMobil. Exxon SVP Warns Oil Could Spike to $150-160 Per Barrel in ‘Coming Weeks’
Neutral Sentiment: Exxon shareholders approved moving the company’s legal domicile from New Jersey to Texas, a governance and tax-structure shift that may help long term but is not an immediate earnings catalyst. Exxon Mobil Texas Move And What It Means For XOM Valuation
Neutral Sentiment: One analysis says Exxon’s Q1 2026 production slipped from Q4 2025 levels, suggesting growth is not fully keeping pace with market expectations and could limit near-term upside. Decoupling Exxon’s Production Growth From Market Reality
Negative Sentiment: Recent commentary also notes Exxon’s valuation remains dependent on oil-market strength, so if crude cools or production disappoints, the stock could give back some of its recent gains. How Recent Shifts In Oil And Analyst Views Are Rewriting The Story For Exxon Mobil (XOM)

Insider Activity at ExxonMobil

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

ExxonMobil Trading Down 0.3%

ExxonMobil stock opened at $152.12 on Friday. The firm has a 50-day moving average of $154.22 and a 200-day moving average of $141.21. ExxonMobil Corporation has a one year low of $101.73 and a one year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. The company has a market cap of $630.51 billion, a price-to-earnings ratio of 25.65, a P/E/G ratio of 0.66 and a beta of 0.16.

ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. During the same period in the prior year, the business posted $1.76 EPS. The company’s quarterly revenue was up 2.4% on a year-over-year basis. On average, equities analysts expect that ExxonMobil Corporation will post 11.66 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil’s dividend payout ratio is currently 69.48%.

Wall Street Analyst Weigh In

XOM has been the subject of a number of research analyst reports. Bank of America upped their target price on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. UBS Group upped their target price on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Morgan Stanley reduced their target price on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Zacks Research lowered shares of ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Finally, Scotiabank upped their target price on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research note on Wednesday, April 22nd. Ten investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, ExxonMobil has an average rating of “Hold” and a consensus price target of $165.55.

Check Out Our Latest Analysis on XOM

ExxonMobil Company Profile

(Free Report)

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.