Modern Wealth Management LLC Acquires 3,564 Shares of ExxonMobil Corporation $XOM

Modern Wealth Management LLC raised its holdings in ExxonMobil Corporation (NYSE:XOM) by 3.0% during the first quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 123,121 shares of the oil and gas company’s stock after buying an additional 3,564 shares during the quarter. Modern Wealth Management LLC’s holdings in ExxonMobil were worth $19,795,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the business. Berbice Capital Management LLC bought a new stake in shares of ExxonMobil in the fourth quarter valued at approximately $26,000. Midwest Capital Advisors LLC bought a new position in ExxonMobil during the fourth quarter worth $27,000. E Fund Management Hong Kong Co. Ltd. raised 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 purchasing an additional 187 shares during the last quarter. Key Capital Management INC bought a new stake in ExxonMobil in the 4th quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. bought a new position in shares of ExxonMobil during the 4th quarter worth about $32,000. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Scotiabank upped their target price on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the stock a “neutral” rating in a research report on Friday, April 17th. Citigroup reiterated a “neutral” rating on shares of ExxonMobil in a research note on Wednesday, July 8th. Finally, Sanford C. Bernstein lowered their price target on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $163.25.

Key Headlines Impacting ExxonMobil

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 Trading Down 0.0%

Shares of XOM opened at $156.88 on Monday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The stock has a market cap of $650.28 billion, a PE ratio of 26.46, a PEG ratio of 0.64 and a beta of 0.17. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The stock has a 50 day simple moving average of $145.91 and a 200-day simple moving average of $147.60.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same period in the prior year, the business posted $1.76 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. On average, sell-side analysts predict that ExxonMobil Corporation will post 11.55 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

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

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.