US Bancorp DE Reduces Stock Holdings in ExxonMobil Corporation $XOM

Key Points

• US Bancorp DE reduced its stake in ExxonMobil by 1.4% in Q4, selling 48,972 shares and now holds 3,389,754 shares valued at about $407.9 million (roughly 0.08% of the company).
• Exxon beat Q1 estimates, reporting $1.16 EPS vs. $0.98 expected and $83.16 billion in revenue, and announced a quarterly dividend of $1.03 (annualized $4.12, yield 2.7%; ex-dividend May 15, pay date June 10).
• Analyst and ownership backdrop: the stock carries an average "Moderate Buy" rating with a $161.55 price target, institutional investors own about 61.8% of shares, and insiders have sold roughly 11,460 shares in the past 90 days.

US Bancorp DE reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 1.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 3,389,754 shares of the oil and gas company's stock after selling 48,972 shares during the quarter. US Bancorp DE owned 0.08% of ExxonMobil worth $407,924,000 as of its most recent filing with the SEC.

Several other hedge funds have also modified their holdings of XOM. Maryland State Retirement & Pension System boosted its stake in shares of ExxonMobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company's stock worth $24,342,000 after acquiring an additional 5,573 shares in the last quarter. Capital Investment Advisors LLC boosted its stake in shares of ExxonMobil by 6.6% during the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company's stock worth $27,857,000 after acquiring an additional 14,233 shares in the last quarter. New Age Alpha Advisors LLC boosted its stake in shares of ExxonMobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock worth $18,778,000 after acquiring an additional 8,853 shares in the last quarter. HORAN Wealth LLC boosted its stake in shares of ExxonMobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company's stock worth $1,486,000 after acquiring an additional 5,788 shares in the last quarter. Finally, Krilogy Financial LLC boosted its stake in shares of ExxonMobil by 46.6% during the 3rd quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company's stock worth $3,997,000 after acquiring an additional 11,177 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil Price Performance

XOM opened at $153.10 on Friday. The stock has a fifty day moving average of $154.98 and a 200-day moving average of $134.93. The firm has a market capitalization of $636.38 billion, a P/E ratio of 22.89, a PEG ratio of 0.70 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 quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company's revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.76 earnings per share. Equities analysts forecast 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 issued a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil's dividend payout ratio is presently 61.58%.

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction 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 completion of the sale, the vice president owned 17,124 shares in the company, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last ninety days. 0.03% of the stock is owned by corporate insiders.

More ExxonMobil News

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 research firms have recently weighed in on XOM. Sanford C. Bernstein reduced their price objective on ExxonMobil from $142.00 to $137.00 and set an "outperform" rating for the company in a research note on Monday, January 5th. Jefferies Financial Group raised their price objective on ExxonMobil from $178.00 to $184.00 and gave the stock a "buy" rating in a research note on Thursday, April 9th. Royal Bank Of Canada raised their price objective on ExxonMobil from $160.00 to $180.00 and gave the stock a "sector perform" rating in a research note on Thursday, April 9th. Wells Fargo & Company raised their price objective on ExxonMobil from $183.00 to $185.00 and gave the stock an "overweight" rating in a research note on Thursday, April 9th. Finally, TD Cowen reduced their price objective on ExxonMobil from $175.00 to $172.00 and set a "buy" rating for the company in a research note on Friday, April 10th. One 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 stock. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of $161.55.

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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