Nelson Capital Management LLC trimmed its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 44.6% during the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 27,328 shares of the oil and gas company’s stock after selling 21,957 shares during the period. ExxonMobil comprises 0.6% of Nelson Capital Management LLC’s investment portfolio, making the stock its 29th largest position. Nelson Capital Management LLC’s holdings in ExxonMobil were worth $4,636,000 at the end of the most recent reporting period.
A number of other hedge funds also recently bought and sold shares of the company. Decker Wealth Management LLC purchased a new stake in ExxonMobil in the first quarter worth approximately $450,000. Greenwood Gearhart LLC raised its stake in shares of ExxonMobil by 1.1% during the first quarter. Greenwood Gearhart LLC now owns 21,188 shares of the oil and gas company’s stock worth $3,595,000 after acquiring an additional 223 shares in the last quarter. Eaton Cambridge Inc. raised its stake in shares of ExxonMobil by 53.3% during the first quarter. Eaton Cambridge Inc. now owns 2,711 shares of the oil and gas company’s stock worth $460,000 after acquiring an additional 942 shares in the last quarter. KBC Group NV lifted its holdings in shares of ExxonMobil by 60.0% in the 1st quarter. KBC Group NV now owns 691,615 shares of the oil and gas company’s stock worth $117,339,000 after acquiring an additional 259,423 shares during the last quarter. Finally, Next Capital Management LLC lifted its holdings in shares of ExxonMobil by 3.4% in the 1st quarter. Next Capital Management LLC now owns 5,735 shares of the oil and gas company’s stock worth $973,000 after acquiring an additional 190 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.
Wall Street Analysts Forecast Growth
Several equities analysts recently commented on XOM shares. Jefferies Financial Group increased their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a report on Thursday, April 9th. Sanford C. Bernstein cut their price target on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating for the company in a research report on Monday, May 11th. DZ Bank raised ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. Mizuho decreased their price objective on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Finally, JPMorgan Chase & Co. boosted their target price on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil has an average rating of “Moderate Buy” and a consensus target price of $164.45.
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Rising oil prices tied to Middle East geopolitical तनाव are improving sentiment for ExxonMobil because higher crude prices can boost upstream margins and earnings. Oil Prices Hit $95 a Barrel as Rubio Says Iran ‘Not Serious’ About Talks
- Positive Sentiment: ExxonMobil is trading near technical resistance ahead of earnings, with the stock gaining as investors position for a potentially strong Q2 report. ExxonMobil (XOM) Stock Approaches Key Resistance Ahead of Q2 Earnings Release
- Positive Sentiment: Analysts and market commentary expect ExxonMobil to post a much stronger second quarter, which could support the stock if results confirm the earnings rebound. Here’s What to Expect From ExxonMobil’s Next Earnings Report
- Neutral Sentiment: ExxonMobil has scheduled its second-quarter 2026 financial results for July 31, keeping attention focused on the upcoming catalyst rather than any new company-specific announcement. ExxonMobil to Release Second Quarter 2026 Financial Results
ExxonMobil Stock Performance
Shares of XOM stock opened at $154.52 on Thursday. The firm has a market capitalization of $640.47 billion, a price-to-earnings ratio of 26.06, a PEG ratio of 0.63 and a beta of 0.17. The stock has a fifty day moving average of $145.84 and a 200 day moving average of $147.14. ExxonMobil Corporation has a 52 week low of $105.53 and a 52 week high of $176.41. 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 (NYSE:XOM – Get Free Report) last posted 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. The firm had revenue of $83.16 billion during the quarter, compared to analysts’ expectations of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company posted $1.76 EPS. As a group, research analysts expect that ExxonMobil Corporation will post 11.38 earnings per share for the current year.
ExxonMobil Dividend Announcement
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th were issued a $1.03 dividend. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is 69.48%.
ExxonMobil Profile
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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