Rep. Robert Bresnahan, Jr. Purchases Shares of Exxon Mobil Co. (NYSE:XOM)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently bought shares of Exxon Mobil Co. NYSE: XOM. In a filing disclosed on May 08th, the Representative disclosed that they had bought between $1,001 and $15,000 in Exxon Mobil stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
• Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
• Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
• Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
• Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
• Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
• Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.

Exxon Mobil Stock Up 1.6%

Exxon Mobil stock traded up $1.73 during mid-day trading on Monday, reaching $109.04. 14,241,318 shares of the company's stock were exchanged, compared to its average volume of 15,581,482. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a market cap of $469.90 billion, a P/E ratio of 13.91, a P/E/G ratio of 3.02 and a beta of 0.51. The company has a fifty day moving average of $108.97 and a 200-day moving average of $111.09.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its earnings results on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.03. The firm had revenue of $83.13 billion for the quarter, compared to analysts' expectations of $86.11 billion. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm's revenue was up .1% compared to the same quarter last year. During the same quarter last year, the company earned $2.06 earnings per share. Sell-side analysts expect that Exxon Mobil Co. will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be paid a dividend of $0.99 per share. This represents a $3.96 annualized dividend and a yield of 3.63%. The ex-dividend date is Thursday, May 15th. Exxon Mobil's payout ratio is currently 52.52%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on XOM shares. UBS Group reduced their price target on shares of Exxon Mobil from $135.00 to $131.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Bernstein Bank boosted their target price on Exxon Mobil from $138.00 to $144.00 and gave the stock an "overweight" rating in a research report on Friday, January 31st. Scotiabank dropped their target price on shares of Exxon Mobil from $140.00 to $115.00 and set a "sector outperform" rating for the company in a report on Friday, April 11th. Truist Financial increased their price objective on shares of Exxon Mobil from $117.00 to $119.00 and gave the company a "hold" rating in a research note on Monday, January 13th. Finally, Argus upgraded Exxon Mobil to a "strong-buy" rating in a research report on Tuesday, February 4th. One equities research analyst has rated the stock with a sell rating, eight have given a hold rating, eleven have issued a buy rating and two have assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $125.85.

Institutional Investors Weigh In On Exxon Mobil

Several institutional investors have recently bought and sold shares of the business. 10Elms LLP bought a new stake in Exxon Mobil in the fourth quarter valued at about $25,000. Graybill Wealth Management LTD. bought a new position in shares of Exxon Mobil in the 1st quarter worth about $29,000. Fairway Wealth LLC acquired a new position in shares of Exxon Mobil in the 4th quarter valued at about $31,000. Capital A Wealth Management LLC bought a new stake in shares of Exxon Mobil during the 4th quarter valued at about $32,000. Finally, Keystone Financial Group Inc. acquired a new stake in Exxon Mobil during the fourth quarter worth about $36,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027. Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election. Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

Exxon Mobil Company Profile

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.