Principal Financial Group Inc. grew its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 1.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 6,510,505 shares of the oil and gas company’s stock after buying an additional 70,693 shares during the quarter. Principal Financial Group Inc.’s holdings in ExxonMobil were worth $783,474,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds have also made changes to their positions in the company. Northern Trust Corp increased its position in shares of ExxonMobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after purchasing an additional 445,283 shares during the period. Franklin Resources Inc. grew its holdings in ExxonMobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Capital Research Global Investors raised its position in ExxonMobil by 0.4% in the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock worth $3,790,773,000 after acquiring an additional 127,466 shares in the last quarter. Fisher Asset Management LLC raised its position in ExxonMobil by 1.1% in the third quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock worth $3,517,179,000 after acquiring an additional 340,785 shares in the last quarter. Finally, Legal & General Group Plc lifted its holdings in ExxonMobil by 4.5% in 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. 61.80% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
Several equities analysts have recently weighed in on the stock. BMO Capital Markets restated a “market perform” rating and set a $155.00 price objective on shares of ExxonMobil in a research report on Wednesday, February 4th. Piper Sandler cut their target price on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research note on Thursday, April 9th. Jefferies Financial Group raised their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Wolfe Research lowered shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday, April 21st. Finally, Loop Capital set a $123.00 price target on ExxonMobil in a report on Tuesday, February 3rd. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $161.70.
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Q1 results beat expectations — Exxon posted adjusted EPS above estimates and revenue ahead of consensus, with Permian and Guyana contributions and cost savings cited as drivers that help free cash flow and support buybacks/dividends. XOM Q1 Deep Dive
- Positive Sentiment: Faster reservoir analysis via AI in Guyana could speed project cycle times and lift near‑term production optionality — a potential multi-quarter catalyst for volumes and cash generation. Exxon using AI for faster analysis
- Positive Sentiment: RBC reaffirmed a sector‑perform rating and set a $180 price target — an analyst endorsement that suggests upside from current levels and can attract income/valuation‑oriented investors. Benzinga – RBC rating
- Neutral Sentiment: Analyst fair‑value and narrative shifts: some models nudged Exxon’s fair value slightly higher as analysts reassess oil price assumptions and cash‑flow outlooks — useful context but not an immediate catalyst. How The Exxon Mobil Narrative Is Shifting
- Neutral Sentiment: Stock is a trending name on retail/analysis sites — increased attention can amplify moves but also raise volatility. Exxon trending article
- Negative Sentiment: Headline volatility in reported profits — some coverage notes lower GAAP metrics and derivative/timing effects despite adjusted beats, highlighting earnings noise that can weigh sentiment. Exxon, Chevron profits fall despite oil price surge
- Negative Sentiment: Broader supply/flow developments — reports of large U.S. shipments and export dynamics could blunt oil price upside over time, a headwind for margins if sustained. US Ships 250 Million Barrels
Insider Buying and Selling
In other ExxonMobil news, VP Darrin L. Talley sold 3,230 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $149.18, for a total value of $481,851.40. Following the transaction, the vice president owned 20,354 shares in the company, valued at $3,036,409.72. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 6,460 shares of company stock valued at $989,104 in the last quarter. Insiders own 0.03% of the company’s stock.
ExxonMobil Stock Up 0.8%
Shares of NYSE:XOM opened at $154.90 on Wednesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.77 and a current ratio of 1.04. The company has a market cap of $643.85 billion, a PE ratio of 26.12, a price-to-earnings-growth ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41. The firm has a 50 day simple moving average of $155.14 and a 200 day simple moving average of $135.55.
ExxonMobil (NYSE:XOM – Get Free Report) last issued 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 net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion during the quarter, compared to analyst estimates of $81.13 billion. During the same quarter last year, the business posted $1.76 EPS. The company’s revenue for the quarter was up 2.4% on a year-over-year basis. As a group, research analysts expect that ExxonMobil Corporation will post 11.14 earnings per share for the current year.
ExxonMobil Dividend Announcement
The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Investors 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 dividend on an annualized basis and a yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is presently 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.
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