Harel Insurance Investments & Financial Services Ltd. Buys 32,490 Shares of ExxonMobil Corporation $XOM

Key Points

• Harel Insurance Investments boosted its ExxonMobil stake by 166.7%, buying 32,490 shares to hold 51,976 shares valued at about $6.25 million.
• ExxonMobil beat Q1 estimates, reporting $1.16 EPS vs. $0.98 expected and $83.16 billion in revenue, and announced a $1.03 quarterly dividend (annualized $4.12, ~2.8% yield).
• Analysts' consensus is a Moderate Buy with an average target of $161.70; institutional investors own 61.8% of the stock while insiders have modestly reduced holdings (0.03% owned).

Harel Insurance Investments & Financial Services Ltd. grew its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 166.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 51,976 shares of the oil and gas company's stock after buying an additional 32,490 shares during the period. Harel Insurance Investments & Financial Services Ltd.'s holdings in ExxonMobil were worth $6,254,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also recently modified their holdings of the company. Maryland State Retirement & Pension System grew its holdings in shares of 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 in the last quarter. Capital Investment Advisors LLC lifted its position 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 worth $27,857,000 after buying an additional 14,233 shares during the last quarter. New Age Alpha Advisors LLC boosted its stake in 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 stake in 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 increased its position in ExxonMobil by 46.6% during 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 acquiring an additional 11,177 shares during the last quarter. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several equities research analysts have recently issued reports on XOM shares. Zacks Research upgraded shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a report on Tuesday, April 21st. Morgan Stanley lowered their target price on shares of ExxonMobil from $172.00 to $171.00 and set an "overweight" rating for the company in a report on Friday, April 17th. Mizuho raised their target price on shares of ExxonMobil from $140.00 to $162.00 and gave the stock a "neutral" rating in a report on Tuesday, March 17th. Piper Sandler lowered 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. Finally, JPMorgan Chase & Co. raised their target price on shares of ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil currently has an average rating of "Moderate Buy" and an average target price of $161.70.

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company's stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold 6,460 shares of company stock worth $989,104 over the last ninety days. 0.03% of the stock is currently owned by insiders.

ExxonMobil Price Performance

ExxonMobil stock opened at $148.77 on Thursday. The firm has a market capitalization of $616.66 billion, a PE ratio of 25.09, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. 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 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $155.10 and a 200-day moving average price of $135.82.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business's revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm earned $1.76 earnings per share. As a group, equities research analysts forecast that ExxonMobil Corporation will post 11.19 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be 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 of this dividend is Friday, May 15th. ExxonMobil's payout ratio is currently 69.48%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 results, continued large buybacks and a reaffirmed dividend support cash returns and shareholder yield, providing a fundamental cushion for the stock. Exxon’s Earnings Beat, Buybacks, and Governance Fight Might Change The Case For Investing In Exxon Mobil (XOM)
• Positive Sentiment: Meeting with President Trump and Chevron about Venezuela could signal potential policy or commercial opportunities to access Venezuelan oil reserves — a medium-term upside if it leads to sanctioned-asset access or U.S.-friendly arrangements. Trump met with Chevron and ExxonMobil on Tuesday to discuss Venezuela
• Positive Sentiment: Exxon’s use of AI to analyze Guyana seismic data faster could accelerate development timelines and lower exploration costs, supporting future production and margins. Exxon using AI for faster analysis of Guyana's oil fields, VP of exploration says
• Neutral Sentiment: Analyst coverage and price-target updates (e.g., RBC reiteration with a $180 target) keep upside narratives alive but don’t immediately change fundamentals. Benzinga
• Neutral Sentiment: Several bullish price-target pieces suggest milestones up to ~$197, reflecting bullish valuation cases if oil stays strong; these are market views rather than new company actions. Exxon Mobil's Next Big Milestone Could Be $197
• Negative Sentiment: Shares are down amid broader sector weakness as markets price in an end to the Iran-related conflict — lower geopolitical risk reduces oil-price risk premia and compresses near-term revenue expectations for majors. Exxon, Chevron, Other Oil Stocks Sink as Market Bets Iran War Will End
• Negative Sentiment: Corporate-governance friction (redomicile to Texas and retail-voting design) and growing shareholder activism add governance uncertainty that can weigh on sentiment despite strong cash returns. Exxon’s Earnings Beat, Buybacks, and Governance Fight Might Change The Case For Investing In Exxon Mobil (XOM)

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.

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.