National Pension Service Buys 113,295 Shares of ExxonMobil Corporation $XOM

National Pension Service grew its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 1.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 9,330,910 shares of the oil and gas company’s stock after buying an additional 113,295 shares during the period. ExxonMobil makes up 0.8% of National Pension Service’s portfolio, making the stock its 16th biggest position. National Pension Service’s holdings in ExxonMobil were worth $1,122,882,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. South Street Advisors LLC lifted its holdings in shares of ExxonMobil by 1.3% during the 4th quarter. South Street Advisors LLC now owns 10,280 shares of the oil and gas company’s stock valued at $1,237,000 after purchasing an additional 130 shares in the last quarter. Mitsubishi UFJ Morgan Stanley Securities Co. Ltd. bought a new position in shares of ExxonMobil during the 4th quarter valued at about $256,000. Linscomb Wealth Inc. lifted its holdings in shares of ExxonMobil by 6.3% during the 4th quarter. Linscomb Wealth Inc. now owns 399,305 shares of the oil and gas company’s stock valued at $48,052,000 after purchasing an additional 23,786 shares in the last quarter. SBI Okasan Asset Management Co.Ltd. bought a new position in shares of ExxonMobil during the 4th quarter valued at about $1,989,000. Finally, Northwestern Mutual Wealth Management Co. lifted its holdings in shares of ExxonMobil by 8.1% during the 4th quarter. Northwestern Mutual Wealth Management Co. now owns 655,059 shares of the oil and gas company’s stock valued at $78,830,000 after purchasing an additional 49,349 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on XOM. Sanford C. Bernstein cut their price objective on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Jefferies Financial Group lifted their price objective on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, April 9th. HSBC lifted their price objective on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Weiss Ratings cut ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Finally, JPMorgan Chase & Co. lifted their price objective on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. According to MarketBeat.com, ExxonMobil has an average rating of “Hold” and an average price target of $165.55.

Insider Buying and Selling at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the transaction, the vice president owned 18,204 shares of the company’s stock, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is owned by company insiders.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon’s own executive said global oil inventories could fall to “really, really low levels” within weeks because of Middle East conflict, a setup that could push oil prices higher and improve cash flow for integrated producers like ExxonMobil. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price outlooks and increased its price target on ExxonMobil, reflecting expectations that stronger crude prices could support XOM’s earnings and valuation. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Several recent pieces argue ExxonMobil could outperform the S&P 500 in 2026, citing resilient energy pricing and the stock’s strong run this year, which may help keep investor sentiment constructive. Prediction: ExxonMobil Will Outperform the S&P 500 in 2026
• Positive Sentiment: ExxonMobil won shareholder approval to move its corporate domicile to Texas, a governance win that could reduce legal risk and improve flexibility versus its previous New Jersey base. Exxon wins shareholder backing for legal move to Texas
• Positive Sentiment: Exxon is advancing the Haimara project in Guyana, its ninth major development in the Stabroek block, reinforcing long-term production growth prospects. Exxon Mobil’s Haimara Project In Guyana And What It Means For XOM
• Neutral Sentiment: Exxon is also exploring a return to Venezuela and considering safeguards around that move; this could expand output over time, but regulatory and political hurdles remain. Inside Exxon’s Dilemma Over Returning to Venezuela
• Negative Sentiment: Zacks Research downgraded ExxonMobil from “strong-buy” to “hold,” which may have pressured sentiment despite the broader bullish oil backdrop. ExxonMobil was downgraded by Zacks Research from strong-buy to hold
• Negative Sentiment: Reuters also reported that tensions around possible Iran-U.S. peace progress have already weighed on crude prices at times, showing how quickly the war premium supporting oil stocks can fade if geopolitics improve. Seadrill, Kosmos Energy, and Tidewater Stocks Trade Down, What You Need To Know

ExxonMobil Stock Down 0.4%

Shares of ExxonMobil stock opened at $147.37 on Friday. The business’s 50 day simple moving average is $155.28 and its 200 day simple moving average is $140.11. ExxonMobil Corporation has a 52-week low of $101.18 and a 52-week high of $176.41. The firm has a market cap of $610.86 billion, a PE ratio of 24.85, a P/E/G ratio of 0.65 and a beta of 0.19. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04.

ExxonMobil (NYSE:XOM) last announced 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. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The business had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same quarter last year, the firm earned $1.76 EPS. ExxonMobil’s revenue for the quarter was up 2.4% compared to the same quarter last year. On average, analysts predict that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be given a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. ExxonMobil’s payout ratio is 69.48%.

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.