W.G. Shaheen & Associates DBA Whitney & Co Has $1.77 Million Position in ExxonMobil Corporation $XOM

W.G. Shaheen & Associates DBA Whitney & Co lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 39.1% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 14,697 shares of the oil and gas company’s stock after purchasing an additional 4,128 shares during the quarter. W.G. Shaheen & Associates DBA Whitney & Co’s holdings in ExxonMobil were worth $1,769,000 at the end of the most recent quarter.

A number of other hedge funds also recently modified their holdings of the business. Cardinal Capital Management raised its position in shares of ExxonMobil by 0.4% during the fourth quarter. Cardinal Capital Management now owns 115,684 shares of the oil and gas company’s stock worth $13,921,000 after purchasing an additional 480 shares during the period. Rachor Investment Advisory Services LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth about $187,000. Bogart Wealth LLC grew its holdings in shares of ExxonMobil by 0.4% during the fourth quarter. Bogart Wealth LLC now owns 1,385,337 shares of the oil and gas company’s stock worth $166,711,000 after buying an additional 6,140 shares in the last quarter. DMKC Advisory Services LLC grew its holdings in shares of ExxonMobil by 15.0% during the fourth quarter. DMKC Advisory Services LLC now owns 23,790 shares of the oil and gas company’s stock worth $2,863,000 after buying an additional 3,100 shares in the last quarter. Finally, PVG Asset Management Corp grew its holdings in shares of ExxonMobil by 10.6% during the fourth quarter. PVG Asset Management Corp now owns 2,100 shares of the oil and gas company’s stock worth $253,000 after buying an additional 201 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Stock Performance

Shares of NYSE XOM opened at $153.10 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock’s fifty day moving average price is $154.98 and its two-hundred day moving average price is $134.93. ExxonMobil Corporation has a one year low of $101.18 and a one year high of $176.41. The firm has a market cap of $636.38 billion, a price-to-earnings ratio of 22.89, a P/E/G ratio of 0.70 and a beta of 0.29.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The firm had revenue of $83.16 billion during the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s revenue was up 2.4% compared to the same quarter last year. During the same period in the prior year, the company posted $1.76 EPS. On average, equities analysts forecast that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Wednesday, June 10th. Investors of record on Friday, May 15th will be given a $1.03 dividend. The ex-dividend date is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is presently 61.58%.

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last quarter. 0.03% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

A number of research analysts have weighed in on XOM shares. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, April 21st. BNP Paribas Exane set a $165.00 price target on ExxonMobil and gave the company a “neutral” rating in a report on Friday, April 17th. TD Cowen cut their price target on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a report on Friday, April 10th. Morgan Stanley reduced their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Finally, Citigroup upped their price objective on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average target price of $161.55.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 adjusted results beat expectations: Exxon reported adjusted EPS and revenue above Street estimates, driven by higher upstream production and strong commodity prices — a near-term earnings tailwind. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
• Positive Sentiment: Production and project wins support growth: Management highlighted record Guyana output and first LNG production at Golden Pass Train 1, confirming longer‑term volume growth that underpins future cash flow. Chevron, Exxon Earnings Show Resilience, But Oil Stocks Retreat
• Positive Sentiment: Management warns of higher oil prices: CEO Darren Woods said the Iran war hasn’t been fully priced into markets and expects further upside in oil — higher prices would boost Exxon’s margins and cash generation. Exxon Mobil CEO expects higher oil prices due to Iran war
• Neutral Sentiment: Broader market tailwinds: U.S. indices are at record highs on earnings strength, which can support cyclical names like Exxon even when company-specific news is mixed. S&P 500 Marks Fifth Weekly Gain, Reaches New Records on Earnings Strength
• Neutral Sentiment: New offshore work expands long‑cycle pipeline: Exxon awarded/subcontract activity (Angola subsea) supports long‑term upstream growth but has limited immediate EPS impact. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
• Negative Sentiment: Reported net income dropped sharply (unadjusted profit at a multi‑year low) as Iran‑related shipment disruptions and derivative timing effects hit GAAP results — this likely pressured the stock despite the adjusted beat. Exxon Mobil shares slip after net income falls sharply despite earnings beat
• Negative Sentiment: Geopolitical supply risk could worsen: Management warned the Strait of Hormuz disruption and possible export bans/price caps could further tighten supply and disrupt operations — downside to near‑term volumes and earnings if outages persist. Exxon, Chevron profits take hit from Iran war
• Negative Sentiment: Regulatory/legal and political friction: A lawsuit over orphaned well accounting and public pressure (including criticism for resisting calls to boost domestic output) raise governance and reputational risks that could weigh on the stock. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

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.