ExxonMobil Corporation $XOM is Mediolanum International Funds Ltd’s 10th Largest Position

Mediolanum International Funds Ltd boosted its stake in ExxonMobil Corporation (NYSE:XOM) by 9.9% during the 1st quarter, according to the company in its most recent disclosure with the SEC. The firm owned 651,596 shares of the oil and gas company’s stock after acquiring an additional 58,713 shares during the period. ExxonMobil accounts for about 1.2% of Mediolanum International Funds Ltd’s holdings, making the stock its 10th biggest position. Mediolanum International Funds Ltd’s holdings in ExxonMobil were worth $111,729,000 as of its most recent filing with the SEC.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Spartan Wealth Advisory Services LLC bought a new position in shares of ExxonMobil during the 1st quarter valued at approximately $15,582,000. ANB Bank raised its holdings in shares of ExxonMobil by 6.2% in the 1st quarter. ANB Bank now owns 21,969 shares of the oil and gas company’s stock worth $3,727,000 after purchasing an additional 1,283 shares during the period. Ascent Wealth Partners LLC lifted its stake in ExxonMobil by 6.3% in the first quarter. Ascent Wealth Partners LLC now owns 8,910 shares of the oil and gas company’s stock valued at $1,512,000 after purchasing an additional 526 shares during the last quarter. Kinsale Capital Group Inc. grew its holdings in ExxonMobil by 3.7% during the first quarter. Kinsale Capital Group Inc. now owns 108,338 shares of the oil and gas company’s stock valued at $18,381,000 after purchasing an additional 3,860 shares during the period. Finally, Heartland Advisors Inc. grew its holdings in ExxonMobil by 17.1% during the first quarter. Heartland Advisors Inc. now owns 16,493 shares of the oil and gas company’s stock valued at $2,798,000 after purchasing an additional 2,409 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Rising oil prices tied to Middle East geopolitical ???? are improving sentiment for ExxonMobil because higher crude prices can boost upstream margins and earnings. Oil Prices Hit $95 a Barrel as Rubio Says Iran ‘Not Serious’ About Talks
• Positive Sentiment: ExxonMobil is trading near technical resistance ahead of earnings, with the stock gaining as investors position for a potentially strong Q2 report. ExxonMobil (XOM) Stock Approaches Key Resistance Ahead of Q2 Earnings Release
• Positive Sentiment: Analysts and market commentary expect ExxonMobil to post a much stronger second quarter, which could support the stock if results confirm the earnings rebound. Here’s What to Expect From ExxonMobil’s Next Earnings Report
• Neutral Sentiment: ExxonMobil has scheduled its second-quarter 2026 financial results for July 31, keeping attention focused on the upcoming catalyst rather than any new company-specific announcement. ExxonMobil to Release Second Quarter 2026 Financial Results

Wall Street Analysts Forecast Growth

Several analysts have issued reports on XOM shares. Zacks Research lowered ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 26th. Morgan Stanley cut their price target on ExxonMobil from $171.00 to $168.00 and set an “overweight” rating for the company in a research note on Monday, June 29th. JPMorgan Chase & Co. lifted their price objective on ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Scotiabank boosted their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research note on Wednesday, April 22nd. Finally, Jefferies Financial Group upped their price objective on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $164.45.

ExxonMobil Trading Up 1.9%

Shares of XOM stock opened at $154.52 on Thursday. The stock has a market capitalization of $640.47 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 0.63 and a beta of 0.17. The company’s fifty day simple moving average is $145.84 and its two-hundred day simple moving average is $147.14. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. 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 (NYSE:XOM) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same period last year, the company earned $1.76 earnings per share. As a group, analysts anticipate that ExxonMobil Corporation will post 11.38 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were paid a $1.03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is currently 69.48%.

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.