Northern Financial Advisors Inc Lowers Position in ExxonMobil Corporation $XOM

Key Points

• Northern Financial Advisors cut its stake in ExxonMobil by 39.5% in Q4, selling 9,561 shares and ending the period with 14,630 shares worth $1.76M, about 2.0% of the firm's portfolio and its 13th-largest holding.
• Despite that reduction, several other institutions added or opened positions (Emerald, Wealthspan, Novem, Ticino, Breachway), and overall institutional ownership stands at 61.8%, indicating mixed but substantial institutional interest.
• ExxonMobil has recent positive catalysts — Golden Pass LNG began exports, a $150M Longtail contract in Guyana was awarded, and analysts have lifted ratings/price targets — while the stock trades near $150 with a $1.03 quarterly dividend (≈2.7% yield).

Northern Financial Advisors Inc cut its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 39.5% during the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 14,630 shares of the oil and gas company's stock after selling 9,561 shares during the period. ExxonMobil comprises about 2.0% of Northern Financial Advisors Inc's investment portfolio, making the stock its 13th biggest position. Northern Financial Advisors Inc's holdings in ExxonMobil were worth $1,761,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. Emerald Advisors LLC lifted its position in shares of ExxonMobil by 6.2% in the fourth quarter. Emerald Advisors LLC now owns 14,136 shares of the oil and gas company's stock valued at $1,701,000 after acquiring an additional 829 shares in the last quarter. Wealthspan Partners LLC lifted its position in shares of ExxonMobil by 20.4% in the fourth quarter. Wealthspan Partners LLC now owns 5,899 shares of the oil and gas company's stock valued at $710,000 after acquiring an additional 1,000 shares in the last quarter. Ticino Wealth purchased a new position in shares of ExxonMobil in the fourth quarter valued at about $293,000. Breachway Investments LLC purchased a new position in shares of ExxonMobil in the fourth quarter valued at about $357,000. Finally, Novem Group lifted its position in shares of ExxonMobil by 23.8% in the fourth quarter. Novem Group now owns 15,745 shares of the oil and gas company's stock valued at $1,895,000 after acquiring an additional 3,030 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
• Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
• Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a "strong‑buy" and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
• Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
• Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
• Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
• Neutral Sentiment: Featured in investor idea pieces — XOM appears in "high‑flying" and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.

ExxonMobil Trading Up 0.7%

Shares of XOM stock opened at $150.61 on Friday. 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 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock's 50-day moving average price is $154.74 and its 200-day moving average price is $133.61. The stock has a market capitalization of $626.01 billion, a price-to-earnings ratio of 22.51, a price-to-earnings-growth ratio of 0.76 and a beta of 0.29.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion for the quarter, compared to analysts' expectations of $77.98 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The business's revenue was down 1.3% compared to the same quarter last year. Equities research analysts predict that ExxonMobil Corporation will post 9.94 EPS for the current fiscal year.

ExxonMobil Announces Dividend

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

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil 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 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 SEC, which can be accessed through this hyperlink. Insiders sold 11,460 shares of company stock valued at $1,687,854 over the last quarter. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts have recently commented on XOM shares. BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a "neutral" rating in a research report on Friday, April 17th. Wolfe Research downgraded ExxonMobil from an "outperform" rating to a "peer perform" rating in a research report on Tuesday. Zacks Research upgraded ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Tuesday. Scotiabank boosted their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a "sector outperform" rating in a research report on Wednesday. Finally, JPMorgan Chase & Co. boosted their price objective on ExxonMobil from $140.00 to $170.00 and gave the company an "overweight" rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, ExxonMobil has an average rating of "Moderate Buy" and an average price target of $161.55.

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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