ExxonMobil Corporation $XOM Shares Sold by Teachers Retirement System of The State of Kentucky

Key Points

• Teachers Retirement System of The State of Kentucky reduced its stake in ExxonMobil by 3.7% in Q4, selling 16,955 shares and leaving it with 443,480 shares valued at about $53.37 million.
• Company insiders have been net sellers: VP Darrin L. Talley sold 5,000 shares at $139.75 (a 17.49% cut to his holding), and insiders disposed of 11,460 shares (~$1.69 million) in the past three months.
• Analyst sentiment is largely positive with a consensus rating of Moderate Buy and a $161.55 average target, as firms including Scotiabank and JPMorgan recently raised price targets to $163 and $170 respectively.

Teachers Retirement System of The State of Kentucky lowered its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.7% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The firm owned 443,480 shares of the oil and gas company's stock after selling 16,955 shares during the period. Teachers Retirement System of The State of Kentucky's holdings in ExxonMobil were worth $53,368,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the company. True Link Financial Advisors LLC raised its position in shares of ExxonMobil by 26.1% in the fourth quarter. True Link Financial Advisors LLC now owns 2,855 shares of the oil and gas company's stock worth $344,000 after acquiring an additional 591 shares during the period. Richard C. Young & CO. LTD. raised its position in shares of ExxonMobil by 0.7% in the fourth quarter. Richard C. Young & CO. LTD. now owns 180,045 shares of the oil and gas company's stock worth $21,667,000 after acquiring an additional 1,319 shares during the period. Coquina Private Wealth LLC acquired a new position in shares of ExxonMobil in the fourth quarter worth about $253,000. Riverbend Wealth Management LLC raised its position in shares of ExxonMobil by 5.2% in the fourth quarter. Riverbend Wealth Management LLC now owns 6,904 shares of the oil and gas company's stock worth $831,000 after acquiring an additional 342 shares during the period. Finally, Peoples Bank OH raised its position in shares of ExxonMobil by 0.5% in the fourth quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company's stock worth $1,804,000 after acquiring an additional 71 shares during the period. Institutional investors and hedge funds own 61.80% of the company's stock.

Insider Buying and Selling at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the company's stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. In the last three months, insiders have sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

A number of brokerages have weighed in on XOM. Scotiabank upped their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a "sector outperform" rating in a research report on Wednesday, April 22nd. BMO Capital Markets reiterated a "market perform" rating and issued a $155.00 price objective on shares of ExxonMobil in a research report on Wednesday, February 4th. JPMorgan Chase & Co. upped their price objective on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a research report on Thursday, April 9th. TD Cowen decreased their price objective on shares of ExxonMobil from $175.00 to $172.00 and set a "buy" rating for the company in a research report on Friday, April 10th. Finally, Mizuho upped their price target on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a research report on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company's stock. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $161.55.

ExxonMobil Stock Up 1.6%

XOM opened at $150.61 on Wednesday. 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 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a 50-day moving average price of $154.83 and a 200 day moving average price of $134.65. The company has a market cap of $626.00 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 0.71 and a beta of 0.29.

ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. The company's revenue for the quarter was down 1.3% on a year-over-year basis. Sell-side analysts expect that ExxonMobil Corporation will post 10.5 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, February 12th. ExxonMobil's dividend payout ratio is 61.58%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Oil-price rally from Middle East disruptions is lifting integrated majors — higher crude and tighter physical flows are supporting refining margins and upstream realizations, which benefits Exxon’s cash flow and dividend outlook. Exxon and Chevron Stock Jump. BP Doubles Profit on ‘Exceptional’ Oil Trading.
• Positive Sentiment: Scotiabank raised FY2026–27 EPS forecasts and kept a Sector Outperform stance with a $163 target, boosting near‑term earnings expectations vs. prior estimates and signaling analyst confidence in Exxon’s cash generation. MarketBeat XOM coverage (Scotiabank updates)
• Positive Sentiment: Broad sector momentum and positive previews from industry coverage (TheStreet, Seeking Alpha) point to a strong Q1 backdrop for supermajors as oil prices recover — this supports upside for Exxon ahead of quarterly results. Exxon, Chevron, big oil send signals ahead of earnings
• Neutral Sentiment: Debate over valuation after a 41% one‑year rally: some analysts/columnists suggest much of the recovery is priced in, creating a watchful stance for new entrants despite strong fundamentals. That can cap short‑term upside even while earnings improve. Is It Too Late To Consider Exxon Mobil (XOM) After A 41% One-Year Rally?
• Neutral Sentiment: Sector technical pullback and rotation (XLE weakness) has reset some short‑term multiples — presents a tactical buying opportunity for some but keeps volatility higher. MarketBeat sector pullback/opportunity note
• Negative Sentiment: Local lawsuit alleges Exxon (and another operator) defrauded taxpayers in an orphan‑well scheme — potential legal/cleanup liabilities could draw regulatory/sentinel investor attention (likely not an immediate earnings shock, but reputational and long‑tail risk). Lawsuit claims Exxon Mobil, Empire Petroleum defrauded taxpayers in orphan well scheme

ExxonMobil 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.

Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM - Free Report).

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.