Rep. Jefferson Shreve Sells Off Exxon Mobil Corporation (NYSE:XOM) Shares

Representative Jefferson Shreve (R-Indiana) recently sold shares of Exxon Mobil Corporation NYSE: XOM. In a filing disclosed on June 22nd, the Representative disclosed that they had sold between $50,001 and $100,000 in Exxon Mobil stock on May 12th. The trade occurred in the Representative's "CRT - STANDARD UNIT TRUST" account.

Representative Jefferson Shreve also recently made the following trade(s):

• Sold $15,001 - $50,000 in shares of Hubbell NYSE: HUBB on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Trane Technologies NYSE: TT on 5/12/2025.
• Sold $15,001 - $50,000 in shares of RTX NYSE: RTX on 5/12/2025.
• Sold $50,001 - $100,000 in shares of NiSource NYSE: NI on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Johnson & Johnson NYSE: JNJ on 5/12/2025.
• Sold $15,001 - $50,000 in shares of AppLovin NASDAQ: APP on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Fiserv NYSE: FI on 5/12/2025.
• Sold $15,001 - $50,000 in shares of CNO Financial Group NYSE: CNO on 5/12/2025.
• Sold $50,001 - $100,000 in shares of Cboe Global Markets NASDAQ: CBOE on 5/12/2025.
• Sold $15,001 - $50,000 in shares of Lam Research NASDAQ: LRCX on 5/12/2025.

Exxon Mobil Price Performance

XOM traded down $0.37 during trading on Friday, hitting $110.42. 10,547,065 shares of the stock traded hands, compared to its average volume of 13,922,875. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market cap of $475.87 billion, a price-to-earnings ratio of 14.64, a PEG ratio of 2.08 and a beta of 0.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.24 and a quick ratio of 0.90. The business has a 50 day moving average price of $108.75 and a 200 day moving average price of $109.05.

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, topping analysts' consensus estimates of $1.73 by $0.03. Exxon Mobil had a net margin of 9.49% and a return on equity of 12.06%. The firm had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. During the same quarter in the previous year, the firm posted $2.06 earnings per share. The company's revenue was up .1% on a year-over-year basis. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, June 10th. Stockholders of record on Thursday, May 15th were given a $0.99 dividend. The ex-dividend date of this dividend was Thursday, May 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.59%. Exxon Mobil's payout ratio is 52.52%.

Analyst Ratings Changes

A number of analysts have commented on the stock. Morgan Stanley reaffirmed an "overweight" rating on shares of Exxon Mobil in a research report on Tuesday, July 15th. Piper Sandler upped their target price on shares of Exxon Mobil from $131.00 to $134.00 and gave the stock an "overweight" rating in a report on Tuesday, July 8th. Wall Street Zen upgraded shares of Exxon Mobil from a "sell" rating to a "hold" rating in a research note on Friday, June 27th. Mizuho decreased their price target on shares of Exxon Mobil from $129.00 to $124.00 and set a "neutral" rating for the company in a research note on Tuesday, May 13th. Finally, Barclays reaffirmed a "hold" rating on shares of Exxon Mobil in a report on Thursday, May 22nd. One research analyst has rated the stock with a sell rating, ten have given a hold rating, eight have assigned a buy rating and two have issued a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil currently has an average rating of "Moderate Buy" and an average target price of $125.42.

Institutional Trading of Exxon Mobil

Several institutional investors and hedge funds have recently bought and sold shares of the business. Community Bank N.A. grew its holdings in shares of Exxon Mobil by 1.8% during the second quarter. Community Bank N.A. now owns 57,579 shares of the oil and gas company's stock worth $6,207,000 after buying an additional 1,023 shares in the last quarter. NorthRock Partners LLC boosted its stake in shares of Exxon Mobil by 2.9% in the second quarter. NorthRock Partners LLC now owns 55,936 shares of the oil and gas company's stock valued at $6,032,000 after purchasing an additional 1,588 shares during the period. Verdence Capital Advisors LLC raised its holdings in Exxon Mobil by 3.9% in the second quarter. Verdence Capital Advisors LLC now owns 119,578 shares of the oil and gas company's stock valued at $12,890,000 after acquiring an additional 4,450 shares in the last quarter. Envestnet Portfolio Solutions Inc. raised its holdings in Exxon Mobil by 8.9% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 283,832 shares of the oil and gas company's stock valued at $30,597,000 after acquiring an additional 23,226 shares in the last quarter. Finally, Westchester Capital Management Inc. raised its holdings in Exxon Mobil by 1.2% during the second quarter. Westchester Capital Management Inc. now owns 123,528 shares of the oil and gas company's stock worth $13,316,000 after purchasing an additional 1,405 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

About Representative Shreve

Jefferson Shreve (Republican Party) is a member of the U.S. House, representing Indiana's 6th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Shreve (Republican Party) is running for re-election to the U.S. House to represent Indiana's 6th Congressional District. He declared candidacy for the 2026 election. Email editor@ballotpedia.org to notify us of updates to this biography. Jefferson Shreve earned a bachelor's degree from Indiana University in 1989, a graduate degree from the University of London in 1998, and a graduate degree from Purdue University in 2003. Shreve's career experience includes working as a real estate executive. Shreve was elected 7th District Vice Chairman of the Indiana Republican State Committee on January 17, 2018, and was re-elected on March 6, 2021. In 2020, he was selected as a district-level delegate to the 2020 Republican National Convention.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.