Obermeyer Wealth Partners Sells 3,679 Shares of ExxonMobil Corporation $XOM

Obermeyer Wealth Partners decreased its position in ExxonMobil Corporation (NYSE:XOM) by 2.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 167,872 shares of the oil and gas company’s stock after selling 3,679 shares during the quarter. Obermeyer Wealth Partners’ holdings in ExxonMobil were worth $20,202,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also modified their holdings of XOM. Franklin Resources Inc. increased its position in ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Mercer Global Advisors Inc. ADV lifted its position in ExxonMobil by 218.4% during the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock valued at $155,696,000 after purchasing an additional 2,546,791 shares during the last quarter. AQR Capital Management LLC grew its stake in shares of ExxonMobil by 105.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock worth $329,797,000 after buying an additional 1,501,235 shares in the last quarter. Bessemer Group Inc. grew its stake in shares of ExxonMobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after buying an additional 1,454,308 shares in the last quarter. Finally, Legal & General Group Plc increased its holdings in shares of ExxonMobil by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after buying an additional 886,087 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several analysts have recently issued reports on the stock. Morgan Stanley decreased 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. Bank of America boosted their price objective on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Scotiabank upped their price objective on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Wells Fargo & Company raised their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of ExxonMobil in a report on Friday, April 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $161.55.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction 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 completion of the transaction, the vice president owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Over the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is currently owned by company insiders.

ExxonMobil Price Performance

XOM stock opened at $148.15 on Tuesday. The stock has a market cap of $615.79 billion, a PE ratio of 22.15, a P/E/G ratio of 0.75 and a beta of 0.29. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The company has a 50-day moving average price of $154.74 and a 200 day moving average price of $134.37. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the company posted $1.67 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. Equities research analysts anticipate that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s dividend payout ratio is presently 61.58%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Jim Cramer singled out Exxon (alongside Chevron) as part of a “classic long-term” oil play, which can boost retail/institutional investor confidence in XOM’s steady, dividend-focused positioning. Jim Cramer Says Oil Companies Like Chevron and Exxon “Have Classic Long-Term Approaches”
• Positive Sentiment: Coverage highlights a strategic shift at Exxon toward new business areas (advanced materials, CCS-enabled services, and integration of Pioneer assets) that could de‑risk future cash flows and support longer-term growth expectations. ExxonMobil’s latest move shows a shift by the global oil giant
• Positive Sentiment: A bullish preview argues XOM remains undervalued vs. fundamentals, citing Permian production gains from Pioneer assets and growth in new divisions — a narrative that supports buy-side interest ahead of results. Exxon Mobil’s Earnings Might Change The Game (Preview)
• Positive Sentiment: Macro headlines show oil futures rising after U.S.-Iran peace talks were scrapped — higher oil prices generally lift upstream earnings and cash flow for majors like Exxon. 5 Things to Know Before the Stock Market Opens
• Negative Sentiment: Competitor BP is being portrayed as outperforming peers into Q1 results, a narrative that could pressure relative-performance investors and prompt reweighting away from Exxon if BP’s operational/financial beats continue. Big Oil Stocks: Why BP Is Leaving ExxonMobil in the Dust Ahead of Q1 Earnings
• Negative Sentiment: A lawsuit alleges ExxonMobil participated in a scheme shifting orphan-well cleanup costs to taxpayers — potential legal, remediation and reputational risks that investors will watch for escalation or material liabilities. Lawsuit claims Exxon Mobil, Empire Petroleum defrauded taxpayers in orphan well scheme
• Neutral Sentiment: Exxon’s large charitable fundraising in Houston generates positive PR but is unlikely to move the stock materially; useful for stakeholder relations, not near-term earnings. Exxon Mobil raises record-breaking $16 million for Houston nonprofits, mostly for United Way

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.