Danske Bank A S Buys 23,500 Shares of ExxonMobil Corporation $XOM

Key Points

• Danske Bank A/S boosted its stake in ExxonMobil by 63.8%, buying 23,500 shares to own 60,309 shares worth about $7.26 million at quarter-end.
• ExxonMobil reported a Q1 beat with adjusted EPS of $1.16 versus consensus $0.98 and revenue of $83.16 billion, supporting positive investor sentiment and a consensus "Moderate Buy" view.
• The company announced a quarterly dividend of $1.03 (annualized $4.12), implying a 2.7% yield with an ex-dividend/record date in mid-May and payment in June.

Danske Bank A S boosted its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 63.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 60,309 shares of the oil and gas company's stock after acquiring an additional 23,500 shares during the period. Danske Bank A S's holdings in ExxonMobil were worth $7,258,000 at the end of the most recent reporting period.

Several other large investors have also added to or reduced their stakes in the stock. Midwest Capital Advisors LLC bought a new stake in shares of ExxonMobil during the 4th quarter valued at $27,000. Key Capital Management INC bought a new stake in shares of ExxonMobil during the 4th quarter valued at $28,000. Westfuller Advisors LLC bought a new stake in shares of ExxonMobil during the 3rd quarter valued at $30,000. Nvest Wealth Strategies Inc. bought a new stake in shares of ExxonMobil during the 4th quarter valued at $32,000. Finally, DecisionPoint Financial LLC boosted its holdings in shares of ExxonMobil by 968.0% during the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock valued at $32,000 after buying an additional 242 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 3,230 shares of the business's stock in a transaction dated Monday, February 9th. The stock was 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. The trade was a 13.70% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Over the last ninety days, insiders sold 6,460 shares of company stock valued at $989,104. 0.03% of the stock is currently owned by insiders.

More ExxonMobil News

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

ExxonMobil Price Performance

Shares of NYSE XOM opened at $153.80 on Tuesday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The firm has a market cap of $639.29 billion, a P/E ratio of 25.94, a PEG ratio of 0.69 and a beta of 0.19. The company has a 50 day moving average of $154.98 and a 200 day moving average of $135.25. 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 earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts' consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the previous year, the firm earned $1.76 EPS. ExxonMobil's revenue was up 2.4% on a year-over-year basis. As a group, research analysts expect that ExxonMobil Corporation will post 11.18 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given 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 yield of 2.7%. ExxonMobil's payout ratio is 61.58%.

Analyst Upgrades and Downgrades

A number of brokerages have recently commented on XOM. Wolfe Research cut shares of ExxonMobil from an "outperform" rating to a "peer perform" rating in a report on Tuesday, April 21st. Wells Fargo & Company lifted their price target on ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a research report on Thursday, April 9th. Bank of America increased their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research report on Monday, March 2nd. Weiss Ratings reissued a "hold (c+)" rating on shares of ExxonMobil in a research report on Friday, April 10th. Finally, Jefferies Financial Group increased their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the company a "buy" rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus 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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