Kovack Advisors Inc. Has $8.67 Million Holdings in ExxonMobil Corporation $XOM

Key Points

• Kovack Advisors Inc. more than doubled its ExxonMobil stake in the fourth quarter, increasing holdings by 105.7% to 72,058 shares valued at about $8.67 million.
• Several other institutional investors also boosted or initiated positions, and institutions now own 61.80% of ExxonMobil’s stock, while corporate insiders own just 0.03%.
• ExxonMobil recently beat earnings expectations, reported quarterly EPS of $1.16 on revenue of $83.16 billion, and maintained a quarterly dividend of $1.03 per share for a 2.8% yield.

Kovack Advisors Inc. raised its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 105.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 72,058 shares of the oil and gas company's stock after acquiring an additional 37,035 shares during the period. Kovack Advisors Inc.'s holdings in ExxonMobil were worth $8,671,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the stock. Berbice Capital Management LLC bought a new stake in shares of ExxonMobil during the 4th quarter valued at approximately $26,000. Midwest Capital Advisors LLC bought a new position in ExxonMobil in the 4th quarter valued at approximately $27,000. E Fund Management Hong Kong Co. Ltd. boosted its position in ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company's stock valued at $27,000 after buying an additional 187 shares in the last quarter. Key Capital Management INC acquired a new stake in ExxonMobil in the fourth quarter valued at approximately $28,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in shares of ExxonMobil during the fourth quarter worth $32,000. Institutional investors own 61.80% of the company's stock.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred 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 owned 17,124 shares of the company's stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company's stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is benefiting from a broader energy rally, with higher crude prices and stronger sector sentiment supporting integrated oil companies like XOM. Exxon plans work at Beaumont, Texas complex, says online notice
• Positive Sentiment: Articles highlighting Exxon’s low debt load and ability to navigate commodity swings reinforce the view that XOM is better positioned than many peers to fund growth and return capital to shareholders. How XOM Navigates Business Uncertainty Better Than Many Peers
• Positive Sentiment: Market commentary said ExxonMobil stock is drawing institutional buying interest, with investors encouraged by prior earnings that beat expectations and upbeat price targets. ExxonMobil (XOM) Stock Gains Momentum as Institutional Investors Pile In
• Positive Sentiment: Exxon’s Guyana operations were reported to have generated $4.67 billion of profit in 2025, underscoring the importance of that growth engine to the company’s earnings profile. Exxon says profit from Guyana operations totaled $4.67B in 2025

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on the company. Jefferies Financial Group increased their price target on ExxonMobil from $178.00 to $184.00 and gave the company a "buy" rating in a research note on Thursday, April 9th. Weiss Ratings lowered ExxonMobil from a "hold (c+)" rating to a "hold (c)" rating in a research report on Thursday, May 21st. Bank of America upped their target price on ExxonMobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a report on Monday, March 2nd. Sanford C. Bernstein dropped their target price on ExxonMobil from $195.00 to $182.00 and set an "outperform" rating for the company in a research report on Monday, May 11th. Finally, JPMorgan Chase & Co. boosted their price target on ExxonMobil from $140.00 to $170.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. Ten equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Hold" and an average price target of $165.55.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $146.56 on Friday. The stock has a market cap of $607.47 billion, a price-to-earnings ratio of 24.71, a P/E/G ratio of 0.65 and a beta of 0.16. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41. The company's fifty day moving average is $152.37 and its 200 day moving average is $142.33. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. During the same period in the previous year, the business earned $1.76 EPS. The business's quarterly revenue was up 2.4% compared to the same quarter last year. Sell-side analysts forecast that ExxonMobil Corporation will post 11.66 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a $1.03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.8%. ExxonMobil's dividend payout ratio is presently 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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