Northwestern Mutual Wealth Management Co. Sells 226,907 Shares of ExxonMobil Corporation $XOM

Posted by Brenda Bartman on May 19th, 2026

Northwestern Mutual Wealth Management Co. reduced its holdings in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 37.5% in the fourth quarter, Holdings Channel.com reports. The fund owned 378,803 shares of the oil and gas company’s stock after selling 226,907 shares during the quarter. Northwestern Mutual Wealth Management Co.’s holdings in ExxonMobil were worth $45,585,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also bought and sold shares of XOM. Midwest Capital Advisors LLC bought a new stake in ExxonMobil during the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. raised its position in ExxonMobil by 456.1% during 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 in the last quarter. Key Capital Management INC bought a new stake in ExxonMobil during the 4th quarter valued at $28,000. Westfuller Advisors LLC bought a new stake in ExxonMobil during the 3rd quarter valued at $30,000. Finally, Nvest Wealth Strategies Inc. bought a new stake in ExxonMobil during the 4th quarter valued at $32,000. 61.80% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the company. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $180.00 price target on shares of ExxonMobil in a report on Tuesday, May 5th. Mizuho lifted their price target on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Wells Fargo & Company lifted their price target on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Scotiabank lifted their price target on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price target on shares of ExxonMobil in a report on Wednesday, February 4th. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $163.95.

Read Our Latest Analysis on ExxonMobil

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil is benefiting from stronger crude prices, which improve upstream profitability and boost investor sentiment toward the stock. ExxonMobil Stock Analysis: Buy or Sell?
Positive Sentiment: The company’s strong first-quarter results and analyst attention are keeping momentum in the shares, suggesting the latest move is supported by earnings strength rather than only short-term trading. Exxon Mobil (XOM) Valuation Check As Legal Win And Strong Q1 Meet Rising Crude Prices
Positive Sentiment: A Texas jury clearing ExxonMobil of investor fraud claims removes a major legal overhang and may improve the market’s view of risk around the stock. Exxon Mobil (XOM) Valuation Check As Legal Win And Strong Q1 Meet Rising Crude Prices
Neutral Sentiment: ExxonMobil is also drawing increased investor and analyst attention, but these reports do not add new business developments by themselves. Exxon Mobil Corporation (XOM) is Attracting Investor Attention: Here is What You Should Know
Negative Sentiment: Proxy adviser opposition to Exxon’s move to Texas could create governance controversy and keep some pressure on the stock if the issue escalates. Opinion | The Proxy Advisers Strike Back

ExxonMobil Stock Up 1.4%

ExxonMobil stock opened at $160.20 on Tuesday. 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 business’s 50-day simple moving average is $155.23 and its two-hundred day simple moving average is $137.92. The company has a market cap of $664.01 billion, a PE ratio of 27.01, a PEG ratio of 0.69 and a beta of 0.19. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. The business had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.76 EPS. Equities analysts anticipate that ExxonMobil Corporation will post 11.5 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date is Friday, May 15th. ExxonMobil’s payout ratio is presently 69.48%.

Insiders Place Their Bets

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders own 0.03% of the company’s stock.

ExxonMobil Company Profile

(Free Report)

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.