Pittenger & Anderson Inc. Increases Position in ExxonMobil Corporation $XOM

Key Points

• Pittenger & Anderson increased its stake in ExxonMobil by 60.9%, adding 19,941 shares to hold 52,683 shares worth about $6.34 million per its latest 13F filing.
• ExxonMobil beat Q1 estimates with adjusted EPS of $1.16 (consensus $0.98) and $83.16 billion in revenue, highlighted production gains (Guyana, Golden Pass) and announced a $1.03 quarterly dividend (2.7% yield).
• Wall Street shows a "Moderate Buy" consensus with an average price target of $161.55; XOM trades near $153, has a market cap of ~$636 billion, and a 52‑week range of $101.18–$176.41.

Pittenger & Anderson Inc. lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 60.9% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 52,683 shares of the oil and gas company's stock after acquiring an additional 19,941 shares during the quarter. Pittenger & Anderson Inc.'s holdings in ExxonMobil were worth $6,340,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also modified their holdings of the business. Northern Trust Corp increased its position in shares of ExxonMobil by 1.0% during the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company's stock worth $4,963,934,000 after acquiring an additional 445,283 shares during the last quarter. Franklin Resources Inc. increased its position in shares of ExxonMobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Capital Research Global Investors increased its position in shares of ExxonMobil by 0.4% during the third 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 acquiring an additional 127,466 shares during the last quarter. Fisher Asset Management LLC increased its position in shares of ExxonMobil by 1.1% during the third 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 acquiring an additional 340,785 shares during the last quarter. Finally, Legal & General Group Plc increased its position in shares of ExxonMobil by 4.5% during the third 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 acquiring an additional 886,087 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Stock Up 0.2%

Shares of ExxonMobil stock opened at $153.10 on Monday. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The firm has a market cap of $636.38 billion, a P/E ratio of 25.82, a P/E/G ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The business has a 50-day moving average price of $154.98 and a 200 day moving average price of $135.25.

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 for the quarter, beating the consensus estimate of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.ExxonMobil's quarterly revenue was up 2.4% on a year-over-year basis. During the same period in the previous year, the company earned $1.76 earnings per share. On average, sell-side analysts forecast that ExxonMobil Corporation will post 11.18 earnings per share for the current fiscal 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 issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Friday, May 15th. ExxonMobil's payout ratio is currently 61.58%.

Key Stories 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

Insider Buying and Selling

In other ExxonMobil news, VP Darrin L. Talley sold 3,230 shares of ExxonMobil stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the transaction, the vice president directly owned 20,354 shares in the company, valued at $3,036,409.72. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Insiders sold 6,460 shares of company stock valued at $989,104 in the last three months. Insiders own 0.03% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on XOM shares. Piper Sandler dropped their target price on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a research report on Thursday, April 9th. TD Cowen dropped their target price on ExxonMobil from $175.00 to $172.00 and set a "buy" rating on the stock in a research report on Friday, April 10th. Loop Capital set a $123.00 target price on ExxonMobil in a research report on Tuesday, February 3rd. Mizuho boosted their price objective on ExxonMobil from $140.00 to $162.00 and gave the company a "neutral" rating in a report on Tuesday, March 17th. Finally, Bank of America boosted their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a "neutral" rating in a report on Monday, March 2nd. 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's stock. Based on data from MarketBeat, the company 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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