Montag A & Associates Inc. Sells 7,028 Shares of ExxonMobil Corporation $XOM

Key Points

• Montag A & Associates cut its ExxonMobil stake by 7.9%, selling 7,028 shares and finishing the quarter with 81,651 shares valued at about $9.83 million.
• Exxon topped Q1 expectations with adjusted EPS of $1.16 (vs. $0.98 consensus) and $83.16 billion in revenue, and announced a quarterly dividend of $1.03 (annualized yield ~2.7%).
• Several analysts have raised price targets and the MarketBeat consensus is a "Moderate Buy" with a target near $161.70, while institutional investors hold roughly 61.8% of the stock.

Montag A & Associates Inc. cut its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 7.9% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 81,651 shares of the oil and gas company's stock after selling 7,028 shares during the period. Montag A & Associates Inc.'s holdings in ExxonMobil were worth $9,826,000 as of its most recent SEC filing.

Other large investors have also bought and sold shares of the company. Northern Trust Corp raised its stake in shares of ExxonMobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the period. Franklin Resources Inc. raised its stake in shares of ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Capital Research Global Investors raised its stake in shares of ExxonMobil by 0.4% during the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company's stock worth $3,790,773,000 after purchasing an additional 127,466 shares during the period. Fisher Asset Management LLC raised its stake in shares of ExxonMobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company's stock worth $3,517,179,000 after purchasing an additional 340,785 shares during the period. Finally, Legal & General Group Plc raised its stake in shares of ExxonMobil by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company's stock worth $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.

Insider Transactions at ExxonMobil

In related news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. In the last quarter, insiders sold 6,460 shares of company stock valued at $989,104. 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: 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

Analyst Upgrades and Downgrades

A number of equities research analysts have recently commented on the company. Royal Bank Of Canada lifted their target price on ExxonMobil from $160.00 to $180.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 9th. Sanford C. Bernstein lowered their target price on ExxonMobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Wells Fargo & Company lifted their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. Barclays lifted their target price on ExxonMobil from $145.00 to $163.00 and gave the stock an "overweight" rating in a research note on Monday, March 16th. Finally, Jefferies Financial Group lifted their target price on ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research note on Thursday, April 9th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company's stock. Based on data from MarketBeat.com, the company currently has an average rating of "Moderate Buy" and a consensus target price of $161.70.

ExxonMobil Trading Up 0.7%

Shares of ExxonMobil stock opened at $153.80 on Tuesday. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41. The stock's 50-day simple moving average is $154.98 and its 200 day simple moving average is $135.25. The stock 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. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04.

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 return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion for the quarter, compared to analysts' expectations of $81.13 billion. During the same period in the previous year, the business posted $1.76 EPS. The firm's quarterly revenue was up 2.4% compared to the same quarter last year. As a group, research analysts anticipate that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Announces Dividend

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 paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Friday, May 15th. ExxonMobil's payout ratio is currently 69.48%.

ExxonMobil 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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