Geneos Wealth Management Inc. Trims Stock Position in ExxonMobil Corporation $XOM

Key Points

• Geneos Wealth Management trimmed its ExxonMobil stake by 3.6%, selling 7,089 shares to hold 188,743 shares worth about $22.71 million at quarter‑end.
• ExxonMobil beat Q4 estimates with EPS of $1.71 (vs. $1.63 expected) and $80.04 billion in revenue, and it recently paid a $1.03 quarterly dividend (annualized $4.12, yield 2.8%).
• Institutional ownership is 61.8%; analysts' consensus is a "Moderate Buy" with a $161.55 target, while individual price targets from firms range roughly $151–$185.

Geneos Wealth Management Inc. cut its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 188,743 shares of the oil and gas company's stock after selling 7,089 shares during the period. Geneos Wealth Management Inc.'s holdings in ExxonMobil were worth $22,713,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Maryland State Retirement & Pension System increased its stake in ExxonMobil by 2.6% in the third 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 during the period. Capital Investment Advisors LLC increased its stake in ExxonMobil by 6.6% in the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company's stock valued at $27,857,000 after purchasing an additional 14,233 shares during the period. New Age Alpha Advisors LLC increased its stake in ExxonMobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock valued at $18,778,000 after purchasing an additional 8,853 shares during the period. HORAN Wealth LLC increased its stake in ExxonMobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company's stock valued at $1,486,000 after purchasing an additional 5,788 shares during the period. Finally, Krilogy Financial LLC increased its stake in 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 purchasing an additional 11,177 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Trading Down 0.0%

Shares of ExxonMobil stock opened at $148.90 on Monday. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week 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's 50-day simple moving average is $154.75 and its 200-day simple moving average is $134.13. The firm has a market cap of $618.89 billion, a price-to-earnings ratio of 22.26, a price-to-earnings-growth ratio of 0.75 and a beta of 0.29.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $1.63 by $0.08. ExxonMobil 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 previous year, the business posted $1.67 earnings per share. The business's revenue was down 1.3% compared to the same quarter last year. As a group, equities research analysts anticipate that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Dividend Announcement

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

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal — a commercial milestone that supports longer‑term gas export volumes and cash flow potential. Exxon, QatarEnergy ship first LNG cargo from Golden Pass export terminal
• Positive Sentiment: XOM awarded Saipem a $150M contract for engineering and procurement on the Guyana Longtail development — progress on Guyana projects supports production growth guidance and project de‑risking. ExxonMobil Awards Saipem $150M Contract for Longtail Development
• Positive Sentiment: Short interest fell sharply in April (down ~19% vs. March) to ~43M shares, reducing a potential short squeeze risk and signalling some bearish positions were closed. Source: short interest release
• Positive Sentiment: Zacks upgraded Exxon from "hold" to "strong-buy," which can attract buy-side interest and retail flows following the upgrade. Zacks upgrade coverage
• Positive Sentiment: Analyst commentary highlights production gains and the company’s low‑carbon/clean energy initiatives, reinforcing longer‑term upside narratives after a strong YTD rally. Zacks Analyst Blog on ExxonMobil
• Neutral Sentiment: Reports say Exxon is weighing a sale of its Esso retail network in Hong Kong as it refocuses capital in Asia — proceeds could be redeployed to higher‑return projects, but the move is a strategic reshuffle rather than an immediate EPS driver. Exxon Mobil Weighs Hong Kong Esso Sale And Refocuses Capital Priorities
• Neutral Sentiment: Exxon is raising plastics prices amid sector supply disruptions — supports near‑term margins in chemicals but exposure is mixed given cyclical demand. This Is Why Exxon Mobil Is Hiking Plastics Prices
• Neutral Sentiment: Options/income‑strategy writeups promote yield plays on XOM stock — may increase retail option activity but are not a fundamental earnings driver. Turn Exxon Mobil Stock into an Income Machine with This Options Play
• Negative Sentiment: Zacks preview notes analysts expect a decline in upcoming EPS, suggesting Exxon lacks the mix for a likely earnings beat — weak near‑term results would pressure the stock. Analysts Estimate Exxon Mobil to Report a Decline in Earnings
• Negative Sentiment: Coverage noting that the long oil trade is cooling and XOM/CVX have pulled back after big YTD gains — sentiment rotation and profit‑taking are weighing on shares. Exxon and Chevron Up 20%+ YTD – Why the Long Oil Trade Is Stalling Out

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the business'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 transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 in the last quarter. Insiders own 0.03% of the company's stock.

Analysts Set New Price Targets

A number of research firms have commented on XOM. Morgan Stanley dropped their price objective on shares of ExxonMobil from $172.00 to $171.00 and set an "overweight" rating on the stock in a research note on Friday, April 17th. Bank of America lifted their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research note on Monday, March 2nd. Wells Fargo & Company lifted their price objective on shares of ExxonMobil from $183.00 to $185.00 and gave the company an "overweight" rating in a research note on Thursday, April 9th. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the company a "neutral" rating in a research note on Friday, April 17th. Finally, Royal Bank Of Canada lifted their price objective on shares of ExxonMobil from $160.00 to $180.00 and gave the company a "sector perform" rating in a research note on Thursday, April 9th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $161.55.

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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