ExxonMobil Corporation $XOM Shares Bought by ProVise Management Group LLC

Key Points

• ProVise Management Group LLC increased its ExxonMobil stake by 4.2% in Q4, buying 7,057 shares to hold 175,489 shares valued at about $21.12 million, which represents 1.5% of its portfolio and is its 16th largest holding.
• Wall Street consensus on XOM is a Moderate Buy with an average price target of $161.55; analyst ratings include one Strong Buy, ten Buy and ten Hold, with recent targets generally in the ~$162–$185 range.
• Exxon beat Q4 estimates with EPS of $1.71 (vs. $1.63) and revenue of $80.04B (vs. $77.98B); the stock opened at $148.15, has a $615.8B market cap, and pays a quarterly dividend of $1.03 (annual $4.12, yield ~2.8%).

ProVise Management Group LLC grew its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 4.2% in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 175,489 shares of the oil and gas company's stock after buying an additional 7,057 shares during the quarter. ExxonMobil accounts for 1.5% of ProVise Management Group LLC's investment portfolio, making the stock its 16th largest position. ProVise Management Group LLC's holdings in ExxonMobil were worth $21,118,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in XOM. Maryland State Retirement & Pension System lifted its holdings in ExxonMobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company's stock valued at $24,342,000 after purchasing an additional 5,573 shares in the last quarter. Capital Investment Advisors LLC lifted its stake in ExxonMobil by 6.6% during the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company's stock worth $27,857,000 after purchasing an additional 14,233 shares in the last quarter. New Age Alpha Advisors LLC boosted its position in shares of ExxonMobil by 5.6% during the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock worth $18,778,000 after buying an additional 8,853 shares during the period. HORAN Wealth LLC boosted its position in shares of ExxonMobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company's stock worth $1,486,000 after buying an additional 5,788 shares during the period. Finally, Krilogy Financial LLC grew its stake in shares of ExxonMobil by 46.6% in the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company's stock valued at $3,997,000 after buying an additional 11,177 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the firm's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company's stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders have sold 11,460 shares of company stock worth $1,687,854 in the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Jim Cramer singled out Exxon (alongside Chevron) as part of a “classic long-term” oil play, which can boost retail/institutional investor confidence in XOM’s steady, dividend-focused positioning. Jim Cramer Says Oil Companies Like Chevron and Exxon “Have Classic Long-Term Approaches”
• Positive Sentiment: Coverage highlights a strategic shift at Exxon toward new business areas (advanced materials, CCS-enabled services, and integration of Pioneer assets) that could de‑risk future cash flows and support longer-term growth expectations. ExxonMobil’s latest move shows a shift by the global oil giant
• Positive Sentiment: A bullish preview argues XOM remains undervalued vs. fundamentals, citing Permian production gains from Pioneer assets and growth in new divisions — a narrative that supports buy-side interest ahead of results. Exxon Mobil's Earnings Might Change The Game (Preview)
• Positive Sentiment: Macro headlines show oil futures rising after U.S.-Iran peace talks were scrapped — higher oil prices generally lift upstream earnings and cash flow for majors like Exxon. 5 Things to Know Before the Stock Market Opens
• Negative Sentiment: Competitor BP is being portrayed as outperforming peers into Q1 results, a narrative that could pressure relative-performance investors and prompt reweighting away from Exxon if BP’s operational/financial beats continue. Big Oil Stocks: Why BP Is Leaving ExxonMobil in the Dust Ahead of Q1 Earnings
• Negative Sentiment: A lawsuit alleges ExxonMobil participated in a scheme shifting orphan-well cleanup costs to taxpayers — potential legal, remediation and reputational risks that investors will watch for escalation or material liabilities. Lawsuit claims Exxon Mobil, Empire Petroleum defrauded taxpayers in orphan well scheme
• Neutral Sentiment: Exxon’s large charitable fundraising in Houston generates positive PR but is unlikely to move the stock materially; useful for stakeholder relations, not near-term earnings. Exxon Mobil raises record-breaking $16 million for Houston nonprofits, mostly for United Way

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on XOM shares. Piper Sandler decreased their target price on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a research note on Thursday, April 9th. JPMorgan Chase & Co. lifted their target price on ExxonMobil from $140.00 to $170.00 and gave the company an "overweight" rating in a research report on Thursday, April 9th. Wells Fargo & Company boosted their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. Jefferies Financial Group increased their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research report on Thursday, April 9th. Finally, Mizuho raised their price objective on shares of ExxonMobil from $140.00 to $162.00 and gave the company a "neutral" rating in a research note on Tuesday, March 17th. One 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 stock. According to data from MarketBeat.com, ExxonMobil presently has a consensus rating of "Moderate Buy" and an average target price of $161.55.

ExxonMobil Stock Down 0.5%

Shares of NYSE XOM opened at $148.15 on Tuesday. The stock has a market cap of $615.79 billion, a P/E ratio of 22.15, a PEG ratio of 0.75 and a beta of 0.29. The business's fifty day simple moving average is $154.74 and its 200-day simple moving average is $134.37. ExxonMobil Corporation has a 12-month low of $101.18 and a 12-month high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion during the quarter, compared to analysts' expectations of $77.98 billion. During the same period in the previous year, the firm posted $1.67 EPS. ExxonMobil's revenue for the quarter was down 1.3% on a year-over-year basis. As a group, equities analysts predict that ExxonMobil Corporation will post 9.94 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil's payout ratio is currently 61.58%.

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.