Gibbs Wealth Management Has $2.01 Million Position in ExxonMobil Corporation $XOM

Posted by Sarita Garza on Jul 26th, 2026

Gibbs Wealth Management increased its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 57.8% during the first quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 11,841 shares of the oil and gas company’s stock after buying an additional 4,335 shares during the quarter. Gibbs Wealth Management’s holdings in ExxonMobil were worth $2,009,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Sei Investments Co. raised its holdings in ExxonMobil by 32.0% in the 1st quarter. Sei Investments Co. now owns 1,975,677 shares of the oil and gas company’s stock valued at $335,199,000 after acquiring an additional 479,017 shares in the last quarter. Ascension Capital Advisors Inc. raised its position in ExxonMobil by 2.8% in the first quarter. Ascension Capital Advisors Inc. now owns 39,761 shares of the oil and gas company’s stock worth $6,746,000 after purchasing an additional 1,066 shares in the last quarter. B&D White Capital Company LLC bought a new position in ExxonMobil during the first quarter worth about $234,000. State of Wyoming lifted its stake in ExxonMobil by 49.7% during the first quarter. State of Wyoming now owns 11,300 shares of the oil and gas company’s stock worth $1,917,000 after purchasing an additional 3,753 shares during the period. Finally, GSG Advisors LLC boosted its holdings in ExxonMobil by 5.9% during the first quarter. GSG Advisors LLC now owns 5,637 shares of the oil and gas company’s stock valued at $956,000 after purchasing an additional 316 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $156.88 on Friday. ExxonMobil Corporation has a one year low of $105.53 and a one year high of $176.41. The stock’s 50-day moving average is $145.91 and its 200-day moving average is $147.45. The firm has a market cap of $650.28 billion, a price-to-earnings ratio of 26.46, a price-to-earnings-growth ratio of 0.65 and a beta of 0.17. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77.

ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.98 by $0.18. The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.ExxonMobil’s revenue was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.76 earnings per share. Equities analysts predict that ExxonMobil Corporation will post 11.55 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. ExxonMobil’s payout ratio is presently 69.48%.

Analysts Set New Price Targets

XOM has been the subject of a number of recent research reports. UBS Group increased their target price on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a report on Monday, May 4th. Mizuho lowered their price target on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Morgan Stanley dropped their price objective on ExxonMobil from $171.00 to $168.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. Barclays lifted their price objective on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Finally, Weiss Ratings downgraded ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average price target of $163.25.

Read Our Latest Stock Report on XOM

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Oil prices jumped sharply after renewed geopolitical tension tied to Iran, improving the outlook for ExxonMobil’s upstream earnings and cash flow. The Iran War Isn’t Stopping and What That Means for Chevron and Exxon Mobil
Positive Sentiment: Recent articles highlight ExxonMobil’s strong 2026 stock performance and technical breakout potential, which can attract momentum-focused investors. ExxonMobil shares approach a possible key breakout as technical indicators align bullishly
Neutral Sentiment: Analysts expect ExxonMobil to report higher earnings next week, but one preview notes the setup may not be ideal for a clear earnings beat, keeping expectations mixed. Exxon Mobil Holdings (XOM) Earnings Expected to Grow: What to Know Ahead of Next Week’s Release
Neutral Sentiment: Several pieces point to continued investor interest in ExxonMobil from dividend and energy-focused funds, but these are more supportive of sentiment than immediate stock-moving catalysts. Madison Dividend Income Fund is Bullish on ExxonMobil Holdings Corporation (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.