AlphaStar Capital Management LLC Acquires 6,704 Shares of ExxonMobil Corporation $XOM

Key Points

• AlphaStar Capital Management increased its stake in ExxonMobil by 8.7%, acquiring 6,704 shares to hold 83,449 shares valued at about $10.04 million, making XOM roughly 0.7% of the firm's portfolio and its 25th largest holding.
• Exxon reported Q1 beats, with adjusted EPS of $1.16 versus a $0.98 consensus and revenue of $83.16 billion versus $81.13 billion, supporting the stock's recent strength.
• Exxon declared a quarterly dividend of $1.03 (annualized $4.12) with an ex-dividend date of May 15 and payment on June 10, implying a yield of about 2.7%.

AlphaStar Capital Management LLC grew its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 8.7% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 83,449 shares of the oil and gas company's stock after acquiring an additional 6,704 shares during the period. ExxonMobil comprises approximately 0.7% of AlphaStar Capital Management LLC's holdings, making the stock its 25th largest position. AlphaStar Capital Management LLC's holdings in ExxonMobil were worth $10,042,000 as of its most recent SEC filing.

A number of other hedge funds have also recently modified their holdings of the business. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil in the 4th quarter worth $27,000. Key Capital Management INC purchased a new stake in ExxonMobil in the 4th quarter worth $28,000. Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil in the 4th quarter worth $32,000. DecisionPoint Financial LLC increased its stake in ExxonMobil by 968.0% in the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock worth $32,000 after buying an additional 242 shares in the last quarter. Finally, Westfuller Advisors LLC purchased a new stake in ExxonMobil in the 3rd quarter worth $30,000. Institutional investors own 61.80% of the company's stock.

ExxonMobil Stock Up 0.7%

XOM opened at $153.80 on Tuesday. The firm has a 50-day simple moving average of $154.98 and a two-hundred day simple moving average of $135.25. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41. The company has a market capitalization of $639.29 billion, a PE ratio of 25.94, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter in the prior year, the firm earned $1.76 EPS. The business's revenue was up 2.4% on a year-over-year basis. Analysts forecast that ExxonMobil Corporation will post 11.18 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil's dividend payout ratio (DPR) is presently 61.58%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 3,230 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the transaction, the vice president owned 20,354 shares of the company's stock, valued at approximately $3,036,409.72. This trade represents a 13.70% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 6,460 shares of company stock valued at $989,104. 0.03% of the stock is currently owned by company insiders.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 earnings beat — Exxon reported adjusted EPS of $1.16, roughly a 15% beat versus consensus and revenue above expectations, signaling resilient downstream and integrated operations and supporting today’s upside in the shares. ExxonMobil Crushes Q1 2026 EPS Estimates by 15% — Here’s What Investors Need to Know
• Positive Sentiment: Tighter supply dynamics — reporting that the U.S. has shipped large volumes abroad while inventories decline and fuel prices rise supports higher crude/refining margins, a tailwind for Exxon’s integrated model. US Ships 250 Million Barrels As Oil Shock Tests Export Limits
• Positive Sentiment: Investor narrative favors cash returns — coverage highlighting Big Oil’s transformation into disciplined, shareholder-friendly cash machines reinforces the view that Exxon can sustain buybacks/dividends, supporting valuation multiple. Big Oil Has Transformed Into Shareholder-Friendly Cash Machines, Says CNBC's Halftime Report
• Neutral Sentiment: Potential Venezuela re-entry — Exxon is evaluating renewed opportunities in Venezuela after regulatory shifts; this could add long-term resource upside but is uncertain and politically sensitive. Exxon Mobil Weighs Venezuela Return As Valuation Signals Potential Upside
• Negative Sentiment: GAAP/profitability nuances — some outlets flag large year-over-year profit declines (driven by timing, derivatives and regional disruption impacts), which could temper enthusiasm if investors focus on headline GAAP volatility. Exxon, Chevron Profits Fall 46%, 37% Despite Oil Price Surge

Wall Street Analyst Weigh In

A number of equities research analysts have issued reports on the company. Zacks Research upgraded ExxonMobil from a "hold" rating to a "strong-buy" rating in a research note on Tuesday, April 21st. BMO Capital Markets reiterated a "market perform" rating and issued a $155.00 price target on shares of ExxonMobil in a research note on Wednesday, February 4th. Bank of America increased their price target on ExxonMobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. HSBC increased their price objective on shares of ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a report on Friday, March 20th. Finally, Barclays increased their price objective on shares of ExxonMobil from $145.00 to $163.00 and gave the company an "overweight" rating in a report on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and an average price target of $161.70.

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.

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