Intact Investment Management Inc. Increases Stock Position in ExxonMobil Corporation $XOM

Intact Investment Management Inc. boosted its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 21.0% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 50,100 shares of the oil and gas company’s stock after buying an additional 8,700 shares during the quarter. Intact Investment Management Inc.’s holdings in ExxonMobil were worth $6,029,000 as of its most recent SEC filing.

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

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q1 earnings beat — Exxon reported adjusted EPS of $1.16, roughly a 15% beat versus consensus and revenue above expectations, signaling resilient downstream and integrated operations and supporting today’s upside in the shares. ExxonMobil Crushes Q1 2026 EPS Estimates by 15% — Here’s What Investors Need to Know
• Positive Sentiment: Tighter supply dynamics — reporting that the U.S. has shipped large volumes abroad while inventories decline and fuel prices rise supports higher crude/refining margins, a tailwind for Exxon’s integrated model. US Ships 250 Million Barrels As Oil Shock Tests Export Limits
• Positive Sentiment: Investor narrative favors cash returns — coverage highlighting Big Oil’s transformation into disciplined, shareholder-friendly cash machines reinforces the view that Exxon can sustain buybacks/dividends, supporting valuation multiple. Big Oil Has Transformed Into Shareholder-Friendly Cash Machines, Says CNBC’s Halftime Report
• Neutral Sentiment: Potential Venezuela re-entry — Exxon is evaluating renewed opportunities in Venezuela after regulatory shifts; this could add long-term resource upside but is uncertain and politically sensitive. Exxon Mobil Weighs Venezuela Return As Valuation Signals Potential Upside
• Negative Sentiment: GAAP/profitability nuances — some outlets flag large year-over-year profit declines (driven by timing, derivatives and regional disruption impacts), which could temper enthusiasm if investors focus on headline GAAP volatility. Exxon, Chevron Profits Fall 46%, 37% Despite Oil Price Surge

Insider Activity at ExxonMobil

In related news, VP Darrin L. Talley sold 3,230 shares of the company’s stock in a transaction on Monday, February 9th. The shares were sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the sale, the vice president owned 20,354 shares in the company, valued at $3,036,409.72. This represents a 13.70% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Over the last 90 days, insiders have sold 6,460 shares of company stock valued at $989,104. Insiders own 0.03% of the company’s stock.

ExxonMobil Stock Up 0.7%

XOM stock opened at $153.80 on Tuesday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company’s 50 day moving average is $154.98 and its two-hundred day moving average is $135.25. The stock has a market cap of $639.29 billion, a P/E ratio of 25.94, a PEG ratio of 0.69 and a beta of 0.19.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, topping analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The company had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter last year, the company earned $1.76 earnings per share. The firm’s revenue for the quarter was up 2.4% on a year-over-year basis. Research analysts expect that ExxonMobil Corporation will post 11.18 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 10th. Shareholders of record on Friday, May 15th will be issued a dividend of $1.03 per share. The ex-dividend date of this dividend is Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. ExxonMobil’s dividend payout ratio (DPR) is presently 69.48%.

Analysts Set New Price Targets

XOM has been the subject of a number of research reports. Scotiabank lifted their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a report on Wednesday, April 22nd. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Morgan Stanley dropped 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. Citigroup lifted their price objective on shares of ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. Finally, Piper Sandler dropped 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. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $161.70.

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.