Alliance Wealth Advisors LLC UT Cuts Stock Holdings in ExxonMobil Corporation $XOM

Alliance Wealth Advisors LLC UT trimmed its position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 31.2% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,211 shares of the oil and gas company's stock after selling 9,622 shares during the quarter. Alliance Wealth Advisors LLC UT's holdings in ExxonMobil were worth $2,553,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds have also recently bought and sold shares of XOM. Franklin Resources Inc. raised its stake in shares of ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV raised its stake in shares of ExxonMobil by 218.4% during the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company's stock worth $155,696,000 after purchasing an additional 2,546,791 shares during the period. AQR Capital Management LLC raised its stake in shares of ExxonMobil by 105.4% during the 3rd quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company's stock worth $329,797,000 after purchasing an additional 1,501,235 shares during the period. Bessemer Group Inc. raised its stake in shares of ExxonMobil by 119.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company's stock worth $301,310,000 after purchasing an additional 1,454,308 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of ExxonMobil by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company's stock worth $2,299,687,000 after purchasing an additional 886,087 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research firms have recently commented on XOM. Bank of America lifted their target price on ExxonMobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. Piper Sandler lowered their price objective on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a research note on Thursday, April 9th. Morgan Stanley lowered their price objective on ExxonMobil from $172.00 to $171.00 and set an "overweight" rating on the stock in a research note on Friday, April 17th. Loop Capital set a $123.00 price objective on ExxonMobil in a research note on Tuesday, February 3rd. Finally, Citigroup boosted their price objective on ExxonMobil from $150.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, April 2nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, ExxonMobil presently has an average rating of "Moderate Buy" and an average price target of $161.70.

Insider Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred on 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 owned 17,124 shares of the company's stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 6,460 shares of company stock worth $989,104 over the last ninety days. Corporate insiders own 0.03% of the company's stock.

ExxonMobil Stock Up 0.8%

Shares of XOM opened at $154.90 on Wednesday. The firm has a market cap of $643.85 billion, a P/E ratio of 26.12, a P/E/G ratio of 0.69 and a beta of 0.19. The stock has a 50 day simple moving average of $155.14 and a two-hundred day simple moving average of $135.55. 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 Corporation has a 1 year low of $101.18 and a 1 year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last issued 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 during 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 for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.76 earnings per share. On average, analysts forecast that ExxonMobil Corporation will post 11.14 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business 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 of this dividend is Friday, May 15th. ExxonMobil's dividend payout ratio is 69.48%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 results beat expectations — Exxon posted adjusted EPS above estimates and revenue ahead of consensus, with Permian and Guyana contributions and cost savings cited as drivers that help free cash flow and support buybacks/dividends. XOM Q1 Deep Dive
• Positive Sentiment: Faster reservoir analysis via AI in Guyana could speed project cycle times and lift near‑term production optionality — a potential multi-quarter catalyst for volumes and cash generation. Exxon using AI for faster analysis
• Positive Sentiment: RBC reaffirmed a sector‑perform rating and set a $180 price target — an analyst endorsement that suggests upside from current levels and can attract income/valuation‑oriented investors. Benzinga - RBC rating
• Neutral Sentiment: Analyst fair‑value and narrative shifts: some models nudged Exxon’s fair value slightly higher as analysts reassess oil price assumptions and cash‑flow outlooks — useful context but not an immediate catalyst. How The Exxon Mobil Narrative Is Shifting
• Neutral Sentiment: Stock is a trending name on retail/analysis sites — increased attention can amplify moves but also raise volatility. Exxon trending article
• Negative Sentiment: Headline volatility in reported profits — some coverage notes lower GAAP metrics and derivative/timing effects despite adjusted beats, highlighting earnings noise that can weigh sentiment. Exxon, Chevron profits fall despite oil price surge
• Negative Sentiment: Broader supply/flow developments — reports of large U.S. shipments and export dynamics could blunt oil price upside over time, a headwind for margins if sustained. US Ships 250 Million Barrels

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.

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.