Element Squared LLC Takes Position in Exxon Mobil Corporation $XOM

Key Points

• Element Squared LLC opened a new position in Exxon Mobil with 9,370 shares in Q4, valued at approximately $1.13 million.
• Several large institutions (Northern Trust, Franklin Resources, Capital Research, Fisher Asset Management and Legal & General) have increased holdings, and institutional investors and hedge funds now own 61.80% of XOM.
• Analyst/news backdrop is mixed: Citi and others have raised price targets and Exxon's Golden Pass LNG JV will supply Italy from June, but consensus remains an average “Hold” with a $152.39 price target, leaving upside tied to sustained high oil prices.

Element Squared LLC bought a new position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm bought 9,370 shares of the oil and gas company's stock, valued at approximately $1,128,000.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Northern Trust Corp raised its stake in shares of Exxon Mobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock valued at $4,963,934,000 after acquiring an additional 445,283 shares during the last quarter. Franklin Resources Inc. raised its position in Exxon Mobil by 7.4% in 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 purchasing an additional 2,660,910 shares during the last quarter. Capital Research Global Investors boosted its stake in Exxon Mobil by 0.4% in the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company's stock worth $3,790,773,000 after purchasing an additional 127,466 shares in the last quarter. Fisher Asset Management LLC increased its stake in shares of Exxon Mobil by 1.1% in the third 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 in the last quarter. Finally, Legal & General Group Plc raised its holdings in shares of Exxon Mobil 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 valued at $2,299,687,000 after buying an additional 886,087 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Citi and other analysts have raised forecasts/targets for XOM, signaling stronger analyst conviction and supporting upside momentum. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Exxon’s Golden Pass LNG JV is slated to supply Italy from June, a commercial win that supports near-term LNG volumes and cash flow visibility. Exclusive: Italy to get LNG from QatarEnergy-Exxon's US Golden Pass from June, sources say
• Positive Sentiment: Energy led Q1 performance as oil rallied on Middle East tensions, lifting sector earnings outlook and keeping investor interest in majors like Exxon. Energy Dominated Q1 2026 As The Broader Market Stumbled
• Neutral Sentiment: Wall Street debate: some outlets updated Exxon’s fair value higher (reflecting oil assumptions), but the revisions show the upside is now more dependent on sustained high oil prices. How The ExxonMobil (XOM) Investment Story Is Shifting With Oil Prices And Cash Return Debates
• Neutral Sentiment: Consensus analyst stance remains largely cautious-to-neutral (average “Hold”), limiting the force of upgrades unless guidance or macro factors change materially. Exxon Mobil Corporation NYSE: XOM Given Average Rating of "Hold" by Brokerages
• Negative Sentiment: Barron’s argues oil stocks look “tapped out” — crude pop hasn’t translated to proportional gains in oil equities, implying limited additional upside and greater vulnerability to profit-taking. Oil Stocks Look Tapped Out. Why It's Time to Move Into Other Sectors.
• Negative Sentiment: Earlier intraday volatility and reports of energy-stock routs show Exxon can pull back quickly if oil prices retrace or geopolitical risk premia fade. Exxon leads energy stock rout, on pace for biggest drop in a year

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this link. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last ninety days. 0.03% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

Several research firms have weighed in on XOM. Weiss Ratings restated a "hold (c)" rating on shares of Exxon Mobil in a research report on Monday, December 29th. Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a "buy" rating in a research note on Wednesday, December 10th. Zacks Research upgraded shares of Exxon Mobil from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Wells Fargo & Company reduced their price objective on Exxon Mobil from $158.00 to $156.00 and set an "overweight" rating on the stock in a report on Monday, February 2nd. Finally, Scotiabank upgraded Exxon Mobil to a "strong-buy" rating in a research report on Friday, March 27th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Exxon Mobil presently has an average rating of "Hold" and an average price target of $152.39.

Exxon Mobil Stock Down 0.0%

Shares of NYSE:XOM opened at $160.63 on Monday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market cap of $669.31 billion, a price-to-earnings ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29. The company has a 50 day moving average of $152.53 and a 200-day moving average of $130.05. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $176.41.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the business posted $1.67 earnings per share. Exxon Mobil's revenue was down 1.3% compared to the same quarter last year. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is currently 61.58%.

About Exxon Mobil

Exxon Mobil 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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