SmartHarvest Portfolios LLC acquired a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) in the 4th quarter, HoldingsChannel reports. The fund acquired 24,384 shares of the oil and gas company’s stock, valued at approximately $2,934,000. ExxonMobil accounts for about 1.0% of SmartHarvest Portfolios LLC’s holdings, making the stock its 15th biggest position.
Other institutional investors have also added to or reduced their stakes in the company. Berbice Capital Management LLC bought a new stake in ExxonMobil in the fourth quarter worth about $26,000. Midwest Capital Advisors LLC bought a new stake in ExxonMobil in the fourth quarter worth about $27,000. E Fund Management Hong Kong Co. Ltd. lifted its stake in ExxonMobil by 456.1% in the fourth quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock worth $27,000 after purchasing an additional 187 shares during the last quarter. Key Capital Management INC bought a new stake in ExxonMobil in the fourth quarter worth about $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new position in shares of ExxonMobil during the fourth quarter worth approximately $32,000. Institutional investors own 61.80% of the company’s stock.
Key Stories Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil is benefiting from a broader energy rally, with higher crude prices and stronger sector sentiment supporting integrated oil companies like XOM. Exxon plans work at Beaumont, Texas complex, says online notice
- Positive Sentiment: Articles highlighting Exxon’s low debt load and ability to navigate commodity swings reinforce the view that XOM is better positioned than many peers to fund growth and return capital to shareholders. How XOM Navigates Business Uncertainty Better Than Many Peers
- Positive Sentiment: Market commentary said ExxonMobil stock is drawing institutional buying interest, with investors encouraged by prior earnings that beat expectations and upbeat price targets. ExxonMobil (XOM) Stock Gains Momentum as Institutional Investors Pile In
- Positive Sentiment: Exxon’s Guyana operations were reported to have generated $4.67 billion of profit in 2025, underscoring the importance of that growth engine to the company’s earnings profile. Exxon says profit from Guyana operations totaled $4.67B in 2025
ExxonMobil Stock Performance
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 (EPS) for the quarter, beating the consensus estimate of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. ExxonMobil’s revenue was up 2.4% compared to the same quarter last year. During the same period last year, the company posted $1.76 earnings per share. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 11.66 EPS for the current fiscal year.
ExxonMobil Dividend Announcement
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend was Friday, May 15th. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.
Insider Transactions at ExxonMobil
In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through this link. 0.03% of the stock is currently owned by insiders.
Wall Street Analyst Weigh In
A number of equities analysts have recently commented on XOM shares. BNP Paribas Exane set a $165.00 target price on shares of ExxonMobil and gave the stock a “neutral” rating in a research report on Friday, April 17th. Scotiabank raised their target price on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Morgan Stanley reduced their target price on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a research report on Friday, April 17th. Wells Fargo & Company raised their target price on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. Finally, Sanford C. Bernstein reduced their target price on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $165.55.
Check Out Our Latest Stock Report on ExxonMobil
ExxonMobil Company 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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