Massachusetts Financial Services Co. MA Has $2.32 Billion Stock Holdings in Exxon Mobil Corporation $XOM

Key Points

• Massachusetts Financial Services trimmed its Exxon position by 1.5% in Q4 and now holds 19,255,555 shares worth about $2.32 billion, roughly 0.46% of Exxon and the firm's 24th-largest holding.
• Geopolitical tensions (including Strait of Hormuz concerns) and higher oil prices have driven near-term gains and volatility, while several analysts raised XOM price targets to about $180–$184 even as others trimmed outlooks.
• Exxon beat Q1 EPS estimates ($1.71 vs. $1.63), has a market cap of about $633.8 billion and a PE of 22.8, and pays an annualized dividend of $4.12 (≈2.7% yield).

Massachusetts Financial Services Co. MA lessened its position in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 1.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 19,255,555 shares of the oil and gas company's stock after selling 286,019 shares during the period. Exxon Mobil comprises approximately 0.7% of Massachusetts Financial Services Co. MA's holdings, making the stock its 24th biggest holding. Massachusetts Financial Services Co. MA owned about 0.46% of Exxon Mobil worth $2,317,213,000 as of its most recent filing with the SEC.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Eagle Capital Management LLC lifted its position in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company's stock worth $337,000 after buying an additional 376 shares in the last quarter. Caxton Associates LLP acquired a new position in Exxon Mobil during the 1st quarter worth about $305,000. Sivia Capital Partners LLC lifted its position in Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company's stock worth $1,211,000 after buying an additional 207 shares in the last quarter. United Bank lifted its position in Exxon Mobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company's stock worth $2,352,000 after buying an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its position in Exxon Mobil by 17.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company's stock worth $3,957,000 after buying an additional 5,443 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

More Exxon Mobil News

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Geopolitical risk (failed U.S.–Iran nuclear talks) is cited as a driver for higher oil and pushed XOM shares up on Monday as traders priced in tighter supply. Why Exxon Mobil Shares Are Trading Higher On Monday?
• Positive Sentiment: News of an imposed blockade of the Strait of Hormuz has driven a sharp oil rally, a direct tailwind for oil majors’ upstream earnings and near-term cash flow. Oil Surges 7% on Hormuz Blockade, U.S. Gulf Tanker Rush — 3 Stocks to Buy Now
• Positive Sentiment: Several analysts raised price targets this weekend (including banks boosting targets to $180 and $184), signaling continued bullish long-term analyst conviction despite short-term volatility. Exxon Mobil NYSE: XOM Price Target Raised to $180.00
• Positive Sentiment: Another analyst note raising a higher price target reinforces the view that some sell-side firms see more upside from current levels. Exxon Mobil NYSE: XOM Price Target Raised to $184.00
• Neutral Sentiment: Zacks highlights Exxon as a long-term value pick using style scores — supportive for buy-and-hold investors but not an immediate catalyst. Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks also notes strong Q1 upstream results helped by higher oil prices but flags that shares trade at a premium, creating a buy-now vs. wait valuation question for investors. Strong Oil Prices May Have Aided XOM's Q1: Buy the Stock Now or Wait?
• Neutral Sentiment: Exxon’s aggressive expansion in Guyana keeps growth prospects front-and-center but raises governance, environmental and geopolitical risk questions that investors should monitor. Exxon Guyana Expansion Puts Stabroek Growth And Risks In Focus
• Negative Sentiment: TD Cowen cut its price target to $172, introducing short-term headwinds and signaling some analyst caution on upside at current valuations. TD Cowen Cuts Exxon Mobil NYSE: XOM Price Target to $172.00
• Negative Sentiment: Coverage notes XOM stock has slid ~10% in April amid volatility—this recent weakness can pressure sentiment even as some analysts remain bullish on longer-term targets. Exxon Mobil (XOM) Stock Slides 10% in April — Analysts Still Bullish with $185 Price Targets
• Negative Sentiment: A recent analyst downgrade drove an intraday decline (~1.7%), underscoring how differing analyst views are contributing to intra-day volatility. Exxon Mobil NYSE: XOM Stock Price Down 1.7% After Analyst Downgrade

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was 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. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Over the last three months, insiders sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company's stock.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $152.48 on Tuesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market cap of $633.79 billion, a PE ratio of 22.79, a price-to-earnings-growth ratio of 0.96 and a beta of 0.29. The stock has a 50-day moving average of $154.79 and a 200-day moving average of $131.88. Exxon Mobil Corporation has a one year low of $101.18 and a one year high of $176.41.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts' consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analysts' expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil's revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the business posted $1.67 EPS. As a group, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. Exxon Mobil's dividend payout ratio is 61.58%.

Analysts Set New Price Targets

Several research analysts recently issued reports on XOM shares. Morgan Stanley upped their price target on shares of Exxon Mobil from $134.00 to $172.00 and gave the stock an "overweight" rating in a research report on Friday, March 27th. BMO Capital Markets reiterated a "market perform" rating and set a $155.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Wolfe Research reduced their price target on shares of Exxon Mobil from $158.00 to $153.00 and set an "outperform" rating on the stock in a research report on Wednesday, April 8th. Scotiabank upgraded shares of Exxon Mobil to a "strong-buy" rating in a research report on Friday, March 27th. Finally, BNP Paribas Exane downgraded shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $159.20.

Exxon Mobil Company Profile

Exxon Mobil 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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