Palatine Hill Wealth Management LLC Invests $556,000 in ExxonMobil Corporation $XOM

Posted by Francis Steltz on Jun 3rd, 2026

Palatine Hill Wealth Management LLC purchased a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) during the fourth quarter, HoldingsChannel reports. The firm purchased 4,618 shares of the oil and gas company’s stock, valued at approximately $556,000. ExxonMobil makes up about 0.4% of Palatine Hill Wealth Management LLC’s investment portfolio, making the stock its 23rd largest position.

Several other institutional investors and hedge funds also recently bought and sold shares of the stock. ICW Investment Advisors LLC lifted its position in ExxonMobil by 0.3% during the fourth quarter. ICW Investment Advisors LLC now owns 25,286 shares of the oil and gas company’s stock valued at $3,043,000 after purchasing an additional 69 shares in the last quarter. Peoples Bank OH raised its stake in ExxonMobil by 0.5% during the 4th quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock valued at $1,804,000 after purchasing an additional 71 shares during the period. Paulson Wealth Management Inc. lifted its position in shares of ExxonMobil by 1.0% in the fourth quarter. Paulson Wealth Management Inc. now owns 7,368 shares of the oil and gas company’s stock worth $887,000 after buying an additional 72 shares in the last quarter. Peirce Capital Management LLC lifted its position in shares of ExxonMobil by 1.7% in the fourth quarter. Peirce Capital Management LLC now owns 4,292 shares of the oil and gas company’s stock worth $516,000 after buying an additional 72 shares in the last quarter. Finally, Studio Investment Management LLC lifted its position in shares of ExxonMobil by 0.8% in the fourth quarter. Studio Investment Management LLC now owns 8,698 shares of the oil and gas company’s stock worth $1,047,000 after buying an additional 72 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of research firms recently commented on XOM. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of ExxonMobil in a research report on Wednesday, February 4th. Barclays boosted their target price on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research report on Tuesday, May 26th. Sanford C. Bernstein reduced their price objective on ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a research note on Monday, May 11th. UBS Group boosted their price objective on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Royal Bank Of Canada reissued a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a research note on Tuesday, May 5th. Ten equities research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $165.55.

View Our Latest Analysis on ExxonMobil

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Higher crude prices are supporting ExxonMobil shares, with oil jumping on renewed Middle East tension and uncertainty around Iran talks. That improves the earnings outlook for XOM’s upstream business and helped lift energy stocks broadly. Oil: Trump says peace talks are still on, but Iran says otherwise
Positive Sentiment: ExxonMobil is reportedly weighing a return to Venezuela to secure new production rights, which would expand its access to one of the world’s largest oil reserves and could add long-term resource optionality. Exxon Mobil Weighs Venezuela Return And Valuation Upside For Investors
Positive Sentiment: A Zacks report highlighted ExxonMobil’s expanding Permian Basin footprint and development techniques, saying the company is targeting 2.5 million boe/d of production by 2030, reinforcing its growth strategy. Here’s How the Permian Basin Is Fueling ExxonMobil’s Growth Strategy
Positive Sentiment: Analyst sentiment remains supportive, with Mizuho raising its price target on ExxonMobil, adding to the bullish case for the stock. Analysts Get Bullish on Exxon Mobil (XOM)
Neutral Sentiment: Broader market gains are modestly supportive, but the move in XOM appears more tied to oil prices and company-specific headlines than to the overall stock market. Stock Market News for Jun 2, 2026

Insider Activity at ExxonMobil

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

ExxonMobil Trading Up 0.3%

Shares of NYSE XOM opened at $149.78 on Wednesday. The business’s 50 day moving average is $154.85 and its two-hundred day moving average is $140.51. 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 Corporation has a 1-year low of $101.73 and a 1-year high of $176.41. The stock has a market capitalization of $620.84 billion, a P/E ratio of 25.26, a PEG ratio of 0.65 and a beta of 0.16.

ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same period in the previous year, the firm posted $1.76 earnings per share. The firm’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 11.49 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 paid 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 dividend yield of 2.8%. ExxonMobil’s dividend payout ratio is currently 69.48%.

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.