Oppenheimer Asset Management Inc. Has $28.93 Million Stake in ExxonMobil Corporation $XOM

Key Points

• Oppenheimer Asset Management trimmed its stake in ExxonMobil by 7.7%, selling 19,989 shares and ending the quarter with 240,383 shares valued at about $28.93 million.
• ExxonMobil beat Q1 estimates, reporting $1.16 EPS (vs. $0.98 consensus) and $83.16 billion in revenue, supported by higher upstream production and project wins, while management warned Iran‑related risks could drive oil prices—and volatility—higher.
• Exxon announced a $1.03 quarterly dividend (annualized $4.12, yield ~2.7%) with an ex‑dividend date of May 15 and payment on June 10.

Oppenheimer Asset Management Inc. decreased its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 7.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 240,383 shares of the oil and gas company's stock after selling 19,989 shares during the period. Oppenheimer Asset Management Inc.'s holdings in ExxonMobil were worth $28,928,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Midwest Capital Advisors LLC acquired a new position in ExxonMobil in the fourth quarter valued at $27,000. Key Capital Management INC acquired a new position in ExxonMobil in the fourth quarter valued at $28,000. Westfuller Advisors LLC bought a new stake in ExxonMobil in the third quarter valued at $30,000. Nvest Wealth Strategies Inc. bought a new stake in ExxonMobil in the fourth quarter valued at $32,000. Finally, DecisionPoint Financial LLC increased its stake in ExxonMobil by 968.0% in the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock valued at $32,000 after purchasing an additional 242 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

ExxonMobil Trading Down 0.8%

NYSE:XOM opened at $153.10 on Friday. 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 firm has a 50-day moving average of $154.98 and a 200-day moving average of $135.09. The company has a market cap of $636.38 billion, a PE ratio of 25.82, a PEG ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41.

ExxonMobil (NYSE:XOM - Get Free Report) last posted 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. The company had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The firm's revenue for the quarter was up 2.4% on a year-over-year basis. During the same period in the previous year, the firm posted $1.76 earnings per share. As a group, equities research analysts expect that ExxonMobil Corporation will post 11.18 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently announced a quarterly dividend, which will be paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. ExxonMobil's payout ratio is presently 61.58%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on the stock. Weiss Ratings reaffirmed a "hold (c+)" rating on shares of ExxonMobil in a research note on Friday, April 10th. Sanford C. Bernstein decreased their price target on shares of ExxonMobil from $142.00 to $137.00 and set an "outperform" rating for the company in a research note on Monday, January 5th. UBS Group reaffirmed a "buy" rating and issued a $171.00 price target on shares of ExxonMobil in a research note on Monday, February 2nd. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the company a "neutral" rating in a research note on Friday, April 17th. Finally, HSBC lifted their price target on shares of ExxonMobil from $135.00 to $158.00 and gave the company a "hold" rating in a research note on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the company. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $161.55.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction dated 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 directly owned 17,124 shares of the company's stock, valued at $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last ninety days. Insiders own 0.03% of the company's stock.

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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