QRG Capital Management Inc. Raises Holdings in ExxonMobil Corporation $XOM

QRG Capital Management Inc. increased its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 7.9% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 601,093 shares of the oil and gas company's stock after acquiring an additional 44,093 shares during the quarter. ExxonMobil makes up about 0.8% of QRG Capital Management Inc.'s investment portfolio, making the stock its 16th largest position. QRG Capital Management Inc.'s holdings in ExxonMobil were worth $72,336,000 at the end of the most recent quarter.

A number of other institutional investors have also added to or reduced their stakes in XOM. Midwest Capital Advisors LLC purchased a new position in ExxonMobil during the fourth quarter valued at approximately $27,000. Key Capital Management INC bought a new stake in ExxonMobil during the 4th quarter valued at $28,000. Westfuller Advisors LLC bought a new stake in ExxonMobil during the 3rd quarter valued at $30,000. Nvest Wealth Strategies Inc. purchased a new position in shares of ExxonMobil in the 4th quarter valued at $32,000. Finally, DecisionPoint Financial LLC raised its position in shares of ExxonMobil by 968.0% in the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company's stock worth $32,000 after acquiring an additional 242 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the company. Weiss Ratings restated a "hold (c+)" rating on shares of ExxonMobil in a research note on Friday, April 10th. Piper Sandler reduced their target price on shares of ExxonMobil from $186.00 to $182.00 and set an "overweight" rating for the company in a report on Thursday, April 9th. JPMorgan Chase & Co. raised their price target on shares of ExxonMobil from $140.00 to $170.00 and gave the company an "overweight" rating in a report on Thursday, April 9th. Barclays lifted their price objective on shares of ExxonMobil from $145.00 to $163.00 and gave the stock an "overweight" rating in a research report on Monday, March 16th. Finally, Zacks Research raised shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil has a consensus rating of "Moderate Buy" and an average price target of $161.70.

ExxonMobil Trading Up 0.8%

Shares of NYSE:XOM opened at $154.90 on Wednesday. The business's 50-day moving average is $155.14 and its 200 day moving average is $135.55. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41. The firm has a market capitalization of $643.85 billion, a P/E ratio of 26.12, a P/E/G ratio of 0.69 and a beta of 0.19.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping the consensus estimate 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 during the quarter, compared to the consensus estimate of $81.13 billion. During the same quarter last year, the company earned $1.76 earnings per share. The company's quarterly revenue was up 2.4% on a year-over-year basis. On average, research analysts predict that ExxonMobil Corporation will post 11.14 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently announced 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. The ex-dividend date is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. ExxonMobil's dividend payout ratio (DPR) is 69.48%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 results beat expectations — Exxon posted adjusted EPS above estimates and revenue ahead of consensus, with Permian and Guyana contributions and cost savings cited as drivers that help free cash flow and support buybacks/dividends. XOM Q1 Deep Dive
• Positive Sentiment: Faster reservoir analysis via AI in Guyana could speed project cycle times and lift near‑term production optionality — a potential multi-quarter catalyst for volumes and cash generation. Exxon using AI for faster analysis
• Positive Sentiment: RBC reaffirmed a sector‑perform rating and set a $180 price target — an analyst endorsement that suggests upside from current levels and can attract income/valuation‑oriented investors. Benzinga - RBC rating
• Neutral Sentiment: Analyst fair‑value and narrative shifts: some models nudged Exxon’s fair value slightly higher as analysts reassess oil price assumptions and cash‑flow outlooks — useful context but not an immediate catalyst. How The Exxon Mobil Narrative Is Shifting
• Neutral Sentiment: Stock is a trending name on retail/analysis sites — increased attention can amplify moves but also raise volatility. Exxon trending article
• Negative Sentiment: Headline volatility in reported profits — some coverage notes lower GAAP metrics and derivative/timing effects despite adjusted beats, highlighting earnings noise that can weigh sentiment. Exxon, Chevron profits fall despite oil price surge
• Negative Sentiment: Broader supply/flow developments — reports of large U.S. shipments and export dynamics could blunt oil price upside over time, a headwind for margins if sustained. US Ships 250 Million Barrels

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the business's stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company's stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Over the last quarter, insiders have sold 6,460 shares of company stock worth $989,104. 0.03% of the stock is currently owned by insiders.

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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