CX Institutional Sells 56,672 Shares of ExxonMobil Corporation $XOM

Key Points

• CX Institutional cut its ExxonMobil stake by 45.6%, selling 56,672 shares in Q4 and ending the period with 67,629 shares worth about $8.14 million.
• Company insiders have been net sellers recently — VP Darrin L. Talley sold 3,230 shares on Feb. 9, with insiders offloading 6,460 shares in the last 90 days and owning roughly 0.03% of the stock.
• ExxonMobil beat Q1 earnings and revenue estimates, cited production gains (including Guyana and Golden Pass), and declared a quarterly dividend of $1.03 (annualized $4.12, ~2.7% yield).

CX Institutional lowered its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 45.6% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 67,629 shares of the oil and gas company's stock after selling 56,672 shares during the period. CX Institutional's holdings in ExxonMobil were worth $8,139,000 at the end of the most recent reporting period.

Several other hedge funds have also bought and sold shares of the business. Franklin Resources Inc. lifted its stake in shares of ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Mercer Global Advisors Inc. ADV lifted its stake in shares of ExxonMobil by 218.4% in the third 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 buying an additional 2,546,791 shares in the last quarter. AQR Capital Management LLC lifted its stake in shares of ExxonMobil by 105.4% in the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company's stock worth $329,797,000 after buying an additional 1,501,235 shares in the last quarter. Bessemer Group Inc. lifted its stake in shares of ExxonMobil by 119.4% in the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company's stock worth $301,310,000 after buying an additional 1,454,308 shares in the last quarter. Finally, Legal & General Group Plc lifted its stake in shares of ExxonMobil by 4.5% in the third 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 in the last quarter. Institutional investors own 61.80% of the company's stock.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 3,230 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $149.18, for a total transaction of $481,851.40. Following the transaction, the vice president owned 20,354 shares in the company, valued at $3,036,409.72. This represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 6,460 shares of company stock worth $989,104 in the last 90 days. 0.03% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on XOM shares. Weiss Ratings reiterated a "hold (c+)" rating on shares of ExxonMobil in a research note on Friday, April 10th. Piper Sandler dropped their target price on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a research note on Thursday, April 9th. TD Cowen dropped their target price on shares of ExxonMobil from $175.00 to $172.00 and set a "buy" rating on the stock in a research note on Friday, April 10th. JPMorgan Chase & Co. upped their target price 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, Barclays upped their target price on shares of ExxonMobil from $145.00 to $163.00 and gave the stock an "overweight" rating in a research note on Monday, March 16th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus price target of $161.55.

ExxonMobil Stock Up 0.2%

Shares of ExxonMobil stock opened at $153.10 on Monday. The company has a market cap of $636.38 billion, a price-to-earnings ratio of 25.82, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. The company's 50 day moving average is $154.98 and its 200 day moving average is $135.25. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. 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 issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts' consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm's revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 earnings per share. Research analysts anticipate that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given 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 is 61.58%.

ExxonMobil News Summary

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 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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