ExxonMobil Corporation $XOM Shares Bought by Kestra Private Wealth Services LLC

Kestra Private Wealth Services LLC lifted its position in shares of ExxonMobil Corporation (NYSE:XOM) by 4.2% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 287,184 shares of the oil and gas company’s stock after purchasing an additional 11,618 shares during the period. Kestra Private Wealth Services LLC’s holdings in ExxonMobil were worth $34,560,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in XOM. Franklin Resources Inc. boosted its stake in ExxonMobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV boosted its stake in shares of ExxonMobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock worth $155,696,000 after buying an additional 2,546,791 shares during the period. AQR Capital Management LLC grew its holdings in shares of ExxonMobil by 105.4% during the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock worth $329,797,000 after buying an additional 1,501,235 shares during the last quarter. Bessemer Group Inc. increased its position in ExxonMobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after acquiring an additional 1,454,308 shares during the period. Finally, Legal & General Group Plc raised its stake in ExxonMobil by 4.5% during the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock valued at $2,299,687,000 after acquiring an additional 886,087 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Up 2.7%

Shares of ExxonMobil stock opened at $154.66 on Thursday. 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 has a market cap of $642.84 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 0.71 and a beta of 0.29. The company has a 50-day moving average of $154.91 and a two-hundred day moving average of $134.79.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 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 analyst estimates of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the company earned $1.67 EPS. On average, research analysts anticipate that ExxonMobil Corporation will post 10.5 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s payout ratio is presently 61.58%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS forecasts for ExxonMobil and keeps a “Sector Outperform” rating with a $163 target — a direct analyst upgrade supporting the stock’s upside. MarketBeat: ExxonMobil
• Positive Sentiment: Broad crude strength and oil-trading gains at peers are lifting sentiment for majors: BP doubled Q1 profit on trading gains, a dynamic that helped push Exxon and Chevron shares higher as higher oil prices boost refinery and upstream margins. Exxon and Chevron Stock Jump
• Positive Sentiment: Coverage noting that oil majors are signaling strength ahead of earnings — energy benchmarks are up sharply year?to?date, which increases the likelihood of stronger near?term cash flow and dividends for integrated producers like Exxon. How Exxon and Other Oil Giants Are Coping
• Neutral Sentiment: Oil markets are still sensitive to geopolitics and diplomacy — reports that the U.S. is weighing an Iran proposal have steadied prices, introducing event risk that could swing sentiment both ways. Oil Steadies as US Weighs Iran Proposal
• Neutral Sentiment: Sector pieces highlighting Chevron as a potential buying opportunity after pullbacks may draw comparative attention and funds into or out of peers like Exxon depending on relative valuation and near?term catalysts. The Crude Reality: Pullback Creates Opportunity
• Negative Sentiment: Valuation and timing concerns: commentary asking whether it’s “too late” after a ~41% one?year rally highlights investor worry that much upside may be priced in, and the stock’s recent 30?day pullback signals increased short?term volatility. Is It Too Late To Consider Exxon Mobil?

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 1,080 shares of the firm’s 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 transaction, the vice president owned 17,124 shares in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 over the last quarter. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

XOM has been the topic of a number of recent research reports. Bank of America boosted their target price on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research note on Tuesday, April 21st. Morgan Stanley lowered their target price on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Finally, Mizuho boosted their target price on ExxonMobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday, March 17th. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price 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.