Approach Retirement Advisors LLC Purchases Shares of 8,881 ExxonMobil Corporation $XOM

Key Points

• Approach Retirement Advisors LLC purchased 8,881 shares of ExxonMobil (NYSE:XOM) in Q4, valued at about $1.07 million, representing roughly 0.9% of its portfolio and its 26th largest holding.
• Several large institutions (Franklin Resources, Mercer, AQR, Bessemer, Legal & General) materially increased XOM positions, and institutional investors now own about 61.8% of the company.
• Analysts’ consensus is a Moderate Buy with a target near $161.55; Exxon recently beat quarterly EPS expectations and pays a quarterly dividend of $1.03 (annualized $4.12, ~2.8% yield).

Approach Retirement Advisors LLC purchased a new stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor purchased 8,881 shares of the oil and gas company's stock, valued at approximately $1,069,000. ExxonMobil comprises about 0.9% of Approach Retirement Advisors LLC's portfolio, making the stock its 26th biggest holding.

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

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Jim Cramer singled out Exxon (alongside Chevron) as part of a “classic long-term” oil play, which can boost retail/institutional investor confidence in XOM’s steady, dividend-focused positioning. Jim Cramer Says Oil Companies Like Chevron and Exxon “Have Classic Long-Term Approaches”
• Positive Sentiment: Coverage highlights a strategic shift at Exxon toward new business areas (advanced materials, CCS-enabled services, and integration of Pioneer assets) that could de‑risk future cash flows and support longer-term growth expectations. ExxonMobil’s latest move shows a shift by the global oil giant
• Positive Sentiment: A bullish preview argues XOM remains undervalued vs. fundamentals, citing Permian production gains from Pioneer assets and growth in new divisions — a narrative that supports buy-side interest ahead of results. Exxon Mobil's Earnings Might Change The Game (Preview)
• Positive Sentiment: Macro headlines show oil futures rising after U.S.-Iran peace talks were scrapped — higher oil prices generally lift upstream earnings and cash flow for majors like Exxon. 5 Things to Know Before the Stock Market Opens
• Negative Sentiment: Competitor BP is being portrayed as outperforming peers into Q1 results, a narrative that could pressure relative-performance investors and prompt reweighting away from Exxon if BP’s operational/financial beats continue. Big Oil Stocks: Why BP Is Leaving ExxonMobil in the Dust Ahead of Q1 Earnings
• Negative Sentiment: A lawsuit alleges ExxonMobil participated in a scheme shifting orphan-well cleanup costs to taxpayers — potential legal, remediation and reputational risks that investors will watch for escalation or material liabilities. Lawsuit claims Exxon Mobil, Empire Petroleum defrauded taxpayers in orphan well scheme
• Neutral Sentiment: Exxon’s large charitable fundraising in Houston generates positive PR but is unlikely to move the stock materially; useful for stakeholder relations, not near-term earnings. Exxon Mobil raises record-breaking $16 million for Houston nonprofits, mostly for United Way

Analyst Ratings Changes

Several brokerages have recently weighed in on XOM. Bank of America upped their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a report on Monday, March 2nd. Barclays upped their target price on shares of ExxonMobil from $145.00 to $163.00 and gave the stock an "overweight" rating in a report on Monday, March 16th. Sanford C. Bernstein lowered their target price on shares of ExxonMobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a report on Monday, January 5th. Wells Fargo & Company increased their price objective on shares of ExxonMobil from $183.00 to $185.00 and gave the company an "overweight" rating in a research note on Thursday, April 9th. Finally, Royal Bank Of Canada increased their price objective on shares of ExxonMobil from $160.00 to $180.00 and gave the company a "sector perform" rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $161.55.

Insider Buying and Selling at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm's stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company's stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by corporate insiders.

ExxonMobil Stock Down 0.5%

ExxonMobil stock opened at $148.15 on Tuesday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The firm has a 50 day moving average price of $154.74 and a 200-day moving average price of $134.37. The company has a market capitalization of $615.79 billion, a P/E ratio of 22.15, a P/E/G ratio of 0.75 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts' consensus estimates of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the prior year, the firm earned $1.67 EPS. The company's revenue was down 1.3% compared to the same quarter last year. As a group, equities analysts predict that ExxonMobil Corporation will post 9.94 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend was Thursday, February 12th. ExxonMobil's dividend payout ratio is currently 61.58%.

About ExxonMobil

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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