Oppenheimer & Co. Inc. Purchases 28,046 Shares of ExxonMobil Corporation $XOM

Oppenheimer & Co. Inc. increased its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 10.1% in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund owned 306,362 shares of the oil and gas company’s stock after buying an additional 28,046 shares during the period. ExxonMobil comprises about 0.5% of Oppenheimer & Co. Inc.’s holdings, making the stock its 27th biggest position. Oppenheimer & Co. Inc.’s holdings in ExxonMobil were worth $36,868,000 as of its most recent filing with the SEC.

A number of other large investors have also added to or reduced their stakes in XOM. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil during the fourth quarter worth about $27,000. Key Capital Management INC purchased a new stake in ExxonMobil during the fourth quarter worth about $28,000. Westfuller Advisors LLC purchased a new stake in ExxonMobil during the third quarter worth about $30,000. Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil during the fourth quarter worth about $32,000. Finally, DecisionPoint Financial LLC increased its holdings in ExxonMobil by 968.0% during the fourth quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after buying an additional 242 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

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

Analyst Ratings Changes

A number of analysts recently issued reports on XOM shares. Piper Sandler decreased their price objective on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a report on Thursday, April 9th. Morgan Stanley decreased their price objective on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Bank of America raised their price objective on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. BNP Paribas Exane set a $165.00 price objective on shares of ExxonMobil and gave the stock a “neutral” rating in a report on Friday, April 17th. Finally, Scotiabank raised their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a report on Wednesday, April 22nd. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have issued a Hold rating to the company’s stock. According to MarketBeat.com, ExxonMobil presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.55.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last three months. 0.03% of the stock is currently owned by insiders.

ExxonMobil Price Performance

XOM opened at $153.10 on Friday. The company has a market capitalization of $636.38 billion, a price-to-earnings ratio of 25.82, a PEG ratio of 0.69 and a beta of 0.19. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The firm has a 50-day moving average price of $154.98 and a 200-day moving average price of $135.09. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share 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 the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue was up 2.4% on a year-over-year basis. During the same quarter last year, the company earned $1.76 earnings per share. Equities analysts expect that ExxonMobil Corporation will post 11.18 EPS for the current year.

ExxonMobil Announces Dividend

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

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.