ExxonMobil Corporation $XOM Position Lessened by Ilmarinen Mutual Pension Insurance Co

Key Points

• Ilmarinen Mutual Pension Insurance Co trimmed its ExxonMobil stake by 3.9% in the fourth quarter, selling 30,000 shares and ending with 735,000 shares valued at about $88.45 million.
• Institutional ownership remains heavy, with funds like Northern Trust, Franklin Resources, and Fisher Asset Management all holding large positions; overall, institutions and hedge funds own 61.8% of ExxonMobil shares.
• Analysts are mixed on XOM: the stock has an average Hold rating and a consensus price target of $165.55, while Exxon recently beat quarterly earnings estimates and continues to pay a quarterly dividend of $1.03 per share.

Ilmarinen Mutual Pension Insurance Co reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.9% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 735,000 shares of the oil and gas company's stock after selling 30,000 shares during the quarter. ExxonMobil comprises approximately 0.7% of Ilmarinen Mutual Pension Insurance Co's holdings, making the stock its 17th largest position. Ilmarinen Mutual Pension Insurance Co's holdings in ExxonMobil were worth $88,450,000 at the end of the most recent reporting period.

Other large investors have also recently added to or reduced their stakes in the company. Northern Trust Corp grew its position in shares of ExxonMobil by 1.0% during 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 acquiring an additional 445,283 shares during the last quarter. Franklin Resources Inc. grew its position in ExxonMobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Capital Research Global Investors grew its position in ExxonMobil by 0.4% in the 3rd 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 during the last quarter. Fisher Asset Management LLC increased its stake in shares of ExxonMobil by 1.0% in the fourth quarter. Fisher Asset Management LLC now owns 31,497,852 shares of the oil and gas company's stock valued at $3,790,452,000 after purchasing an additional 303,359 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 buying an additional 886,087 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on XOM shares. Morgan Stanley decreased their price objective on ExxonMobil from $172.00 to $171.00 and set an "overweight" rating for the company in a report on Friday, April 17th. JPMorgan Chase & Co. boosted their price target on ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, April 9th. Loop Capital set a $123.00 price target on ExxonMobil in a report on Tuesday, February 3rd. Royal Bank Of Canada restated a "sector perform" rating and set a $180.00 price objective on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, Citigroup increased their target price on shares of ExxonMobil from $150.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, April 2nd. Ten analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Hold" and an average price target of $165.55.

Insider Activity

In related news, VP Darrin L. Talley sold 2,150 shares of the business's stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the sale, the vice president directly owned 18,204 shares in the company, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by corporate insiders.

ExxonMobil Stock Down 0.4%

Shares of XOM stock opened at $147.37 on Friday. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The business's fifty day moving average is $155.28 and its 200-day moving average is $140.11. The stock has a market cap of $610.86 billion, a PE ratio of 24.85, a price-to-earnings-growth ratio of 0.65 and a beta of 0.19.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. The business had revenue of $83.16 billion during the quarter, compared to analysts' expectations of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company's quarterly revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the business posted $1.76 earnings per share. Equities analysts expect that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders 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 annualized dividend and a dividend yield of 2.8%. ExxonMobil's dividend payout ratio (DPR) is 69.48%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon’s own executive said global oil inventories could fall to “really, really low levels” within weeks because of Middle East conflict, a setup that could push oil prices higher and improve cash flow for integrated producers like ExxonMobil. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price outlooks and increased its price target on ExxonMobil, reflecting expectations that stronger crude prices could support XOM’s earnings and valuation. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Several recent pieces argue ExxonMobil could outperform the S&P 500 in 2026, citing resilient energy pricing and the stock’s strong run this year, which may help keep investor sentiment constructive. Prediction: ExxonMobil Will Outperform the S&P 500 in 2026
• Positive Sentiment: ExxonMobil won shareholder approval to move its corporate domicile to Texas, a governance win that could reduce legal risk and improve flexibility versus its previous New Jersey base. Exxon wins shareholder backing for legal move to Texas
• Positive Sentiment: Exxon is advancing the Haimara project in Guyana, its ninth major development in the Stabroek block, reinforcing long-term production growth prospects. Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM
• Neutral Sentiment: Exxon is also exploring a return to Venezuela and considering safeguards around that move; this could expand output over time, but regulatory and political hurdles remain. Inside Exxon's Dilemma Over Returning to Venezuela
• Negative Sentiment: Zacks Research downgraded ExxonMobil from “strong-buy” to “hold,” which may have pressured sentiment despite the broader bullish oil backdrop. ExxonMobil was downgraded by Zacks Research from strong-buy to hold
• Negative Sentiment: Reuters also reported that tensions around possible Iran-U.S. peace progress have already weighed on crude prices at times, showing how quickly the war premium supporting oil stocks can fade if geopolitics improve. Seadrill, Kosmos Energy, and Tidewater Stocks Trade Down, What You Need To Know

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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