Citizens Financial Group Inc. RI Sells 17,690 Shares of ExxonMobil Corporation $XOM

Key Points

• Citizens Financial Group Inc. RI trimmed its ExxonMobil stake by 6.9%, selling 17,690 shares in Q4 and finishing the period with 237,270 shares valued at about $28.55 million.
• ExxonMobil beat Q1 expectations with adjusted EPS of $1.16 and $83.16 billion revenue, supported by higher upstream production (record Guyana output and first LNG at Golden Pass), but GAAP net income fell and Iran‑related geopolitical risks could pressure near‑term results.
• Insider and shareholder actions: insiders sold 11,460 shares this quarter (including VP Darrin Talley's 5,000‑share sale), and Exxon announced a $1.03 quarterly dividend (annualized $4.12, ~2.7% yield).

Citizens Financial Group Inc. RI trimmed its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 6.9% in the 4th quarter, according to its most recent filing with the SEC. The institutional investor owned 237,270 shares of the oil and gas company's stock after selling 17,690 shares during the quarter. Citizens Financial Group Inc. RI's holdings in ExxonMobil were worth $28,553,000 at the end of the most recent reporting period.

Other hedge funds have also bought and sold shares of the company. Northern Trust Corp boosted its holdings in ExxonMobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Franklin Resources Inc. raised its stake in 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 valued at $4,366,655,000 after buying an additional 2,660,910 shares during the last quarter. Capital Research Global Investors lifted its holdings in shares of ExxonMobil by 0.4% during the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company's stock valued at $3,790,773,000 after buying an additional 127,466 shares during the period. Fisher Asset Management LLC lifted its holdings in shares of ExxonMobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company's stock valued at $3,517,179,000 after buying an additional 340,785 shares during the period. Finally, Legal & General Group Plc boosted its stake in shares of ExxonMobil by 4.5% in 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 buying an additional 886,087 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 5,000 shares of the company'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 in the company, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last quarter. 0.03% of the stock is owned by insiders.

ExxonMobil Stock Performance

NYSE:XOM opened at $153.10 on Friday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The stock has a 50-day simple moving average of $154.98 and a two-hundred day simple moving average of $135.09. The firm has a market capitalization of $636.38 billion, a PE ratio of 25.82, a P/E/G ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter last year, the company earned $1.76 earnings per share. The business's revenue for the quarter was up 2.4% compared to the same quarter last year. Analysts forecast that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Dividend Announcement

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

Analyst Upgrades and Downgrades

A number of analysts recently commented on the company. Bank of America upped their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research report on Monday, March 2nd. Citigroup boosted their price target on ExxonMobil from $150.00 to $175.00 and gave the company a "neutral" rating in a research note on Thursday, April 2nd. HSBC upped their price target on shares of ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a research report on Friday, March 20th. JPMorgan Chase & Co. increased their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. Finally, UBS Group restated a "buy" rating and set a $171.00 target price on shares of ExxonMobil in a research report on Monday, February 2nd. One 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, the company presently has a consensus rating of "Moderate Buy" and an average price target of $161.55.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

ExxonMobil 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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