Petersen Hastings Wealth Advisors Inc. Takes Position in ExxonMobil Corporation $XOM

Petersen Hastings Wealth Advisors Inc. bought a new stake in ExxonMobil Corporation (NYSE:XOM) during the fourth quarter, HoldingsChannel.com reports. The fund bought 4,527 shares of the oil and gas company’s stock, valued at approximately $545,000.

A number of other institutional investors and hedge funds also recently modified their holdings of XOM. Berbice Capital Management LLC bought a new stake in shares of ExxonMobil in the 4th quarter valued at about $26,000. Midwest Capital Advisors LLC bought a new stake in shares of ExxonMobil in the 4th quarter valued at about $27,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in shares of ExxonMobil by 456.1% in the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after purchasing an additional 187 shares during the period. Key Capital Management INC bought a new stake in shares of ExxonMobil in the 4th quarter valued at about $28,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in shares of ExxonMobil in the 4th quarter valued at about $32,000. 61.80% of the stock is owned by institutional investors.

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Rising tensions tied to the Iran conflict are tightening the oil market, which could lift crude prices and improve ExxonMobil’s upstream earnings and cash flow. As the Iran conflict shakes up the oil market, where can investors find value?
• Positive Sentiment: ExxonMobil is still being highlighted by bullish stock screens and analysts, including price-target increases from brokers such as Mizuho and Barclays, reinforcing the view that the shares still have upside. Exxon Mobil Corporation (XOM) Among the Best Low Cost Stocks to Buy Now
• Positive Sentiment: Exxon’s Permian business is being cited as a key advantage because of low breakevens and rising production, which supports profitability if oil stays elevated. ExxonMobil’s Permian Advantage: Low Breakeven, Rising Production
• Positive Sentiment: An Exxon senior vice president said Brent could surge to $150-$160 per barrel in coming weeks, underscoring a sharply bullish commodity outlook that would likely benefit ExxonMobil. Exxon SVP Warns Oil Could Spike to $150-160 Per Barrel in ‘Coming Weeks’
• Neutral Sentiment: Exxon shareholders approved moving the company’s legal domicile from New Jersey to Texas, a governance and tax-structure shift that may help long term but is not an immediate earnings catalyst. Exxon Mobil Texas Move And What It Means For XOM Valuation
• Neutral Sentiment: One analysis says Exxon’s Q1 2026 production slipped from Q4 2025 levels, suggesting growth is not fully keeping pace with market expectations and could limit near-term upside. Decoupling Exxon’s Production Growth From Market Reality
• Negative Sentiment: Recent commentary also notes Exxon’s valuation remains dependent on oil-market strength, so if crude cools or production disappoints, the stock could give back some of its recent gains. How Recent Shifts In Oil And Analyst Views Are Rewriting The Story For Exxon Mobil (XOM)

Analysts Set New Price Targets

A number of brokerages have recently issued reports on XOM. Weiss Ratings cut shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Mizuho increased their price target on shares of ExxonMobil from $159.00 to $175.00 and gave the company a “neutral” rating in a report on Wednesday, May 27th. Scotiabank increased their price target on shares of ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Citigroup increased their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Finally, Piper Sandler lowered their price target on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a report on Thursday, April 9th. Ten research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $165.55.

ExxonMobil Stock Down 0.3%

ExxonMobil stock opened at $152.12 on Friday. The stock has a market cap of $630.51 billion, a P/E ratio of 25.65, a P/E/G ratio of 0.66 and a beta of 0.16. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a twelve month low of $101.73 and a twelve month high of $176.41. The company’s 50-day moving average price is $154.22 and its two-hundred day moving average price is $141.21.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same period last year, the firm earned $1.76 earnings per share. The business’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, analysts expect that ExxonMobil Corporation will post 11.66 EPS for the current year.

ExxonMobil Dividend Announcement

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 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 2.7%. ExxonMobil’s dividend payout ratio (DPR) is currently 69.48%.

About ExxonMobil

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.