ExxonMobil Corporation $XOM Shares Sold by General American Investors Co. Inc.

Posted by Brian Himes on Jul 16th, 2026

General American Investors Co. Inc. cut its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 21.2% in the 1st quarter, Holdings Channel reports. The firm owned 115,100 shares of the oil and gas company’s stock after selling 31,000 shares during the quarter. ExxonMobil comprises approximately 1.3% of General American Investors Co. Inc.’s holdings, making the stock its 29th biggest position. General American Investors Co. Inc.’s holdings in ExxonMobil were worth $19,528,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in XOM. Eagle Capital Management LLC lifted its stake in ExxonMobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares during the last quarter. Caxton Associates LLP bought a new position in shares of ExxonMobil during the first quarter worth about $305,000. Sivia Capital Partners LLC increased its holdings in shares of ExxonMobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after acquiring an additional 207 shares during the period. United Bank increased its holdings in shares of ExxonMobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares during the period. Finally, Schnieders Capital Management LLC. lifted its position in ExxonMobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after purchasing an additional 5,443 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Stock Down 0.4%

Shares of XOM stock opened at $144.50 on Thursday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. 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 fifty day moving average is $145.73 and its 200-day moving average is $146.11. The stock has a market cap of $598.95 billion, a PE ratio of 24.37, a price-to-earnings-growth ratio of 0.59 and a beta of 0.17.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its 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 during the quarter, compared to analysts’ expectations 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% on a year-over-year basis. During the same quarter last year, the business posted $1.76 earnings per share. Equities analysts expect that ExxonMobil Corporation will post 11.48 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a dividend of $1.03 per share. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a dividend yield of 2.9%. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.

Analysts Set New Price Targets

XOM has been the topic of several analyst reports. Jefferies Financial Group raised their price target on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. DZ Bank upgraded ExxonMobil to a “strong-buy” rating in a research report on Monday, July 6th. TD Cowen decreased their price objective on ExxonMobil from $172.00 to $155.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Zacks Research cut ExxonMobil from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 26th. Finally, Bank of America raised ExxonMobil from a “neutral” rating to a “buy” rating and set a $154.00 target price on the stock in a research note on Tuesday, June 16th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have issued a Hold rating to the company’s stock. Based on data from MarketBeat.com, ExxonMobil has a consensus rating of “Moderate Buy” and an average price target of $164.45.

Check Out Our Latest Stock Analysis on XOM

ExxonMobil 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.