Intact Investment Management Inc. Grows Stock Holdings in ExxonMobil Corporation $XOM

Key Points

• Intact Investment Management increased its stake in ExxonMobil by 21.0% in Q4, adding 8,700 shares to hold 50,100 shares worth about $6.03 million.
• ExxonMobil beat Q1 estimates with adjusted EPS of $1.16 (vs. $0.98 consensus) and $83.16 billion in revenue, and declared a $1.03 quarterly dividend (annualized $4.12, ~2.7% yield).
• Institutional investors own 61.8% of XOM, and analysts have a consensus "Moderate Buy" rating with an average price target of $161.70 after several recent target upgrades.

Intact Investment Management Inc. grew its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 21.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 50,100 shares of the oil and gas company's stock after acquiring an additional 8,700 shares during the period. Intact Investment Management Inc.'s holdings in ExxonMobil were worth $6,029,000 at the end of the most recent quarter.

Several other large investors have also recently made changes to their positions in the company. Northern Trust Corp lifted its stake in shares of ExxonMobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock valued at $4,963,934,000 after purchasing an additional 445,283 shares during the period. Franklin Resources Inc. lifted its stake in shares of ExxonMobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Capital Research Global Investors lifted its stake in shares of ExxonMobil by 0.4% in the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company's stock valued at $3,790,773,000 after purchasing an additional 127,466 shares during the period. Fisher Asset Management LLC lifted its stake in shares of ExxonMobil by 1.1% in the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company's stock valued at $3,517,179,000 after purchasing an additional 340,785 shares during the period. Finally, Legal & General Group Plc lifted its stake in shares of ExxonMobil by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company's stock valued at $2,299,687,000 after purchasing an additional 886,087 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Trading Up 0.7%

Shares of XOM opened at $153.80 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12-month low of $101.18 and a 12-month high of $176.41. The firm has a 50-day moving average price of $154.98 and a 200 day moving average price of $135.25. The firm has a market capitalization of $639.29 billion, a P/E ratio of 25.94, a P/E/G ratio of 0.69 and a beta of 0.19.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings data 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. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The firm had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter in the prior year, the firm posted $1.76 earnings per share. ExxonMobil's quarterly revenue was up 2.4% on a year-over-year basis. Sell-side analysts forecast that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be issued a $1.03 dividend. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil's dividend payout ratio is currently 69.48%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on XOM shares. Jefferies Financial Group boosted their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. Wells Fargo & Company upped their price objective on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a research report on Thursday, April 9th. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the stock a "neutral" rating in a research report on Friday, April 17th. Bank of America upped their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a research report on Monday, March 2nd. Finally, Zacks Research upgraded shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 21st. One investment 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 company. According to MarketBeat.com, ExxonMobil currently has a consensus rating of "Moderate Buy" and an average price target of $161.70.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 earnings beat — Exxon reported adjusted EPS of $1.16, roughly a 15% beat versus consensus and revenue above expectations, signaling resilient downstream and integrated operations and supporting today’s upside in the shares. ExxonMobil Crushes Q1 2026 EPS Estimates by 15% — Here’s What Investors Need to Know
• Positive Sentiment: Tighter supply dynamics — reporting that the U.S. has shipped large volumes abroad while inventories decline and fuel prices rise supports higher crude/refining margins, a tailwind for Exxon’s integrated model. US Ships 250 Million Barrels As Oil Shock Tests Export Limits
• Positive Sentiment: Investor narrative favors cash returns — coverage highlighting Big Oil’s transformation into disciplined, shareholder-friendly cash machines reinforces the view that Exxon can sustain buybacks/dividends, supporting valuation multiple. Big Oil Has Transformed Into Shareholder-Friendly Cash Machines, Says CNBC's Halftime Report
• Neutral Sentiment: Potential Venezuela re-entry — Exxon is evaluating renewed opportunities in Venezuela after regulatory shifts; this could add long-term resource upside but is uncertain and politically sensitive. Exxon Mobil Weighs Venezuela Return As Valuation Signals Potential Upside
• Negative Sentiment: GAAP/profitability nuances — some outlets flag large year-over-year profit declines (driven by timing, derivatives and regional disruption impacts), which could temper enthusiasm if investors focus on headline GAAP volatility. Exxon, Chevron Profits Fall 46%, 37% Despite Oil Price Surge

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 3,230 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the transaction, the vice president directly owned 20,354 shares in the company, valued at approximately $3,036,409.72. This represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 6,460 shares of company stock valued at $989,104 in the last ninety days. Corporate insiders own 0.03% of the company's stock.

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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