Third View Private Wealth LLC Purchases New Holdings in ExxonMobil Corporation $XOM

Key Points

• Third View Private Wealth LLC purchased a new stake of 60,227 shares in ExxonMobil in the fourth quarter, valued at about $7.25 million and representing 1.0% of its portfolio (its 22nd largest holding).
• Analysts maintain a Moderate Buy consensus on XOM with a consensus price target of $159.20, following mixed recent target revisions and a tally of 1 Strong Buy, 10 Buy, 9 Hold and 1 Sell ratings.
• ExxonMobil reported quarterly EPS of $1.71 (beating the $1.63 estimate) and declared a quarterly dividend of $1.03 (annualized $4.12, ~2.8% yield).

Third View Private Wealth LLC purchased a new stake in ExxonMobil Corporation (NYSE:XOM - Free Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 60,227 shares of the oil and gas company's stock, valued at approximately $7,248,000. ExxonMobil comprises 1.0% of Third View Private Wealth LLC's investment portfolio, making the stock its 22nd largest position.

Other institutional investors and hedge funds have also recently bought and sold shares of the company. Westfuller Advisors LLC purchased a new position in ExxonMobil in the third quarter valued at about $30,000. Clayton Financial Group LLC bought a new position in ExxonMobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC lifted its holdings in ExxonMobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock worth $40,000 after buying an additional 335 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its holdings in ExxonMobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock worth $42,000 after buying an additional 181 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its holdings in ExxonMobil by 307.0% during the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company's stock worth $46,000 after buying an additional 307 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

A number of research analysts have commented on the company. Wolfe Research reduced their target price on ExxonMobil from $158.00 to $153.00 and set an "outperform" rating on the stock in a report on Wednesday, April 8th. Piper Sandler reduced their target price on ExxonMobil from $186.00 to $182.00 and set an "overweight" rating on the stock in a report on Thursday, April 9th. TD Cowen reduced their target price on ExxonMobil from $175.00 to $172.00 and set a "buy" rating on the stock in a report on Friday, April 10th. Wells Fargo & Company increased their target price on ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a report on Thursday, April 9th. Finally, BNP Paribas Exane downgraded ExxonMobil from a "neutral" rating to an "underperform" rating and set a $125.00 target price on the stock. in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus price target of $159.20.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the firm's stock in a transaction that occurred on 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 owned 17,124 shares of the company's stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Over the last 90 days, insiders sold 11,460 shares of company stock valued at $1,687,854. Company insiders own 0.03% of the company's stock.

ExxonMobil Trading Down 0.0%

Shares of NYSE XOM opened at $149.18 on Thursday. The company has a market cap of $620.08 billion, a price-to-earnings ratio of 22.30, a price-to-earnings-growth ratio of 0.90 and a beta of 0.29. 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 simple moving average is $154.93 and its 200 day simple moving average is $132.23.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly 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. The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business's revenue was down 1.3% on a year-over-year basis. During the same quarter last year, the business posted $1.67 EPS. Equities research analysts expect that ExxonMobil Corporation will post 7.43 EPS for the current year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. ExxonMobil's dividend payout ratio (DPR) is 61.58%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Strait of Hormuz disruption is lifting realized prices and export demand for U.S. barrels, improving near‑term revenue and highlighting Exxon’s role in global supply re‑routing. Exxon Mobil Gains Influence As Hormuz Blockade Rewrites Global Oil Trade
• Positive Sentiment: Exxon and partners signed a drilling contract to start exploratory deepwater work off western Greece, creating upside optionality if finds are commercial — a multi‑year growth catalyst. ExxonMobil, Energean to sign contract for first test gas drilling off Greece in years
• Positive Sentiment: Exxon’s partnerships plan to begin deepwater drilling offshore Greece by 2027, reinforcing the Reuters item and signaling multi‑year exploration investment. ExxonMobil & Partners Plan to Begin Deepwater Drilling Offshore Greece
• Positive Sentiment: Exxon’s near‑exclusive position supplying ultra‑pure (“six nines”) helium to chipmakers is an underappreciated, high‑margin niche that adds diversification and pricing power beyond oil & gas. Chip Makers Need Ultra-Pure Helium and Exxon Is Nearly the Sole Source of Six Nines Purity
• Neutral Sentiment: Exxon agreed to sell Thai gas assets to Horizon Oil — a portfolio reshaping move that could raise cash and simplify operations; market impact depends on deal terms and proceeds. ExxonMobil Signs Agreement to Sell Thai Gas Assets to Horizon Oil
• Negative Sentiment: Physical oil market signals from the North Sea show more offers than bids, suggesting weakening regional demand and falling physical premiums — a potential headwind for refinery margins and short‑term oil pricing. There Are More Offers Than Bids For North Sea Oil
• Negative Sentiment: Exxon warned of a Q1 production decline tied to Middle East disruptions; lower volumes can meaningfully weigh on revenue even if prices remain elevated. Exxon Mobil (XOM) Expects Decline in Q1 Production Amid Middle East Disruptions
• Negative Sentiment: Short‑term market sentiment has turned cautious — recent articles note a pullback in the stock and flags analysts/warners on valuation or risks, contributing to downward pressure on the share price. Exxon Mobil stock just got a warning Wall Street can't ignore

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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