Founders Financial Securities LLC Reduces Holdings in ExxonMobil Corporation $XOM

Key Points

• Founders Financial Securities LLC cut its ExxonMobil stake by 21.8% in the first quarter, selling 12,572 shares and ending with 45,119 shares valued at about $7.0 million.
• Several other institutional investors also adjusted their positions, and overall 61.8% of ExxonMobil’s stock is held by hedge funds and other institutions, underscoring continued heavy professional ownership.
• Wall Street sentiment remains mixed but constructive: ExxonMobil has a Moderate Buy consensus rating with an average price target of $165.70, while BofA recently upgraded the stock to Buy.

Founders Financial Securities LLC trimmed its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 21.8% in the 1st quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 45,119 shares of the oil and gas company's stock after selling 12,572 shares during the quarter. Founders Financial Securities LLC's holdings in ExxonMobil were worth $6,995,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the business. BI Asset Management Fondsmaeglerselskab A S raised its position in ExxonMobil by 4.1% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 249,331 shares of the oil and gas company's stock worth $40,830,000 after acquiring an additional 9,709 shares during the period. Uhlmann Price Securities LLC grew its position in shares of ExxonMobil by 424.7% during the 1st quarter. Uhlmann Price Securities LLC now owns 10,605 shares of the oil and gas company's stock valued at $1,762,000 after acquiring an additional 8,584 shares during the period. McClarren Financial Advisors Inc. purchased a new stake in shares of ExxonMobil in the 1st quarter worth $213,000. Lexington Hill Partners LLC increased its stake in shares of ExxonMobil by 4.8% in the 1st quarter. Lexington Hill Partners LLC now owns 14,997 shares of the oil and gas company's stock worth $2,544,000 after purchasing an additional 693 shares in the last quarter. Finally, Diversified Trust Co raised its holdings in ExxonMobil by 13.9% in the 1st quarter. Diversified Trust Co now owns 132,744 shares of the oil and gas company's stock worth $22,521,000 after purchasing an additional 16,168 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several research firms recently weighed in on XOM. Citigroup lifted their target price on ExxonMobil from $150.00 to $175.00 and gave the company a "neutral" rating in a research report on Thursday, April 2nd. HSBC raised their price objective on ExxonMobil from $135.00 to $158.00 and gave the stock a "hold" rating in a research note on Friday, March 20th. Royal Bank Of Canada reaffirmed a "sector perform" rating and set a $180.00 price objective on shares of ExxonMobil in a research report on Tuesday, May 5th. Wolfe Research downgraded ExxonMobil from an "outperform" rating to a "peer perform" rating in a research note on Tuesday, April 21st. Finally, Piper Sandler reduced their target price on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a report on Thursday, April 9th. Eleven research analysts have rated the stock with a Buy rating and ten have issued a Hold rating to the company's stock. According to data from MarketBeat, ExxonMobil presently has a consensus rating of "Moderate Buy" and an average price target of $165.70.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil announced a planned effective date for its long-anticipated redomiciliation from New Jersey to Texas, with the move set for July 1, 2026 through a new parent company, ExxonMobil Holdings Corporation. Shareholders have already approved the change, which management may frame as a governance and operating simplification for the business. ExxonMobil Announces Planned Effective Date for Move to Texas
• Positive Sentiment: BofA upgraded ExxonMobil to Buy, citing a more favorable outlook for the integrated oil major and reinforcing the view that XOM remains attractively positioned among large U.S. energy names. Exxon Mobil (XOM) Upgraded at BofA. Here is Why
• Positive Sentiment: Several energy-market articles pointed to ongoing tightness in oil markets and the possibility that prices could rebound later, which would generally support ExxonMobil’s upstream earnings and cash flow if crude prices strengthen again. The Oil Trade May Not Be Over: 3 Energy Stocks to Watch
• Neutral Sentiment: Zacks flagged XOM as a trending stock, indicating elevated investor attention but not a direct fundamental catalyst. Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: ExxonMobil also drew attention for a potential LNG project in South Africa and for its involvement with Sable Offshore’s loan amendment and waiver, but these look like longer-dated strategic or financing items rather than immediate stock-moving developments. ExxonMobil (XOM) to Develop South Africa’s First LNG Import Terminal at Port of Richards Bay
• Negative Sentiment: Broader headlines about falling oil prices and easing Middle East tensions could pressure ExxonMobil’s earnings expectations if weaker crude persists, since the stock is still highly sensitive to commodity prices. While Oil Prices Have Fallen From Their Peak, Here's Why They Could Rise Again in the Future.

ExxonMobil Trading Up 0.4%

XOM stock opened at $138.41 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a 1-year low of $105.53 and a 1-year high of $176.41. The business has a 50 day simple moving average of $149.64 and a two-hundred day simple moving average of $143.57. The company has a market capitalization of $573.72 billion, a price-to-earnings ratio of 23.34, a PEG ratio of 0.58 and a beta of 0.16.

ExxonMobil (NYSE:XOM - Get Free Report) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm had revenue of $83.16 billion for the quarter, compared to analysts' expectations of $81.13 billion. During the same quarter last year, the business posted $1.76 earnings per share. The company's revenue for the quarter was up 2.4% compared to the same quarter last year. Research analysts anticipate that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date was Friday, May 15th. ExxonMobil's payout ratio is currently 69.48%.

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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