WASHINGTON TRUST Co Acquires 11,867 Shares of ExxonMobil Corporation $XOM

WASHINGTON TRUST Co grew its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 25.8% during the fourth quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 57,883 shares of the oil and gas company’s stock after buying an additional 11,867 shares during the period. WASHINGTON TRUST Co’s holdings in ExxonMobil were worth $6,966,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently modified their holdings of XOM. Eagle Capital Management LLC raised its position in shares of ExxonMobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP purchased a new stake in ExxonMobil in the 1st quarter valued at $305,000. Sivia Capital Partners LLC raised its position in ExxonMobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the last quarter. United Bank raised its position in ExxonMobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after buying an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its position in ExxonMobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after buying an additional 5,443 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

ExxonMobil Stock Performance

NYSE:XOM opened at $145.42 on Friday. The business’s 50-day moving average price is $155.03 and its two-hundred day moving average price is $140.15. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The stock has a market cap of $602.75 billion, a P/E ratio of 24.52, a PEG ratio of 0.64 and a beta of 0.19. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating the consensus estimate of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter last year, the firm posted $1.76 EPS. The company’s revenue was up 2.4% compared to the same quarter last year. As a group, equities analysts predict that ExxonMobil Corporation will post 11.49 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently announced 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 yield of 2.8%. ExxonMobil’s payout ratio is presently 69.48%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon executives warned that global oil inventories are nearing dangerously low levels, suggesting a potential price spike in crude if supply tightens further. That backdrop is supportive for ExxonMobil because higher oil prices can lift upstream earnings and cash flow. Exxon warns oil inventories will hit dangerously low levels in weeks, forcing prices to shoot higher
• Positive Sentiment: Mizuho raised its 2026 and 2027 oil price outlooks and lifted its price target on ExxonMobil, reinforcing a constructive view on the stock if energy prices stay firm. Mizuho Increases 2026 and 2027 Oil Price Outlooks, Lifts Exxon Mobil (XOM) Target
• Positive Sentiment: Exxon’s strong balance sheet was highlighted as a major advantage, giving the company flexibility to weather volatility, fund acquisitions, and sustain shareholder returns. Why ExxonMobil’s Strong Balance Sheet Matters for Investors
• Neutral Sentiment: Exxon remains a heavily watched stock, with new articles focusing on its long-term prospects, including Guyana growth plans and conference commentary. These pieces are informative but don’t add an immediate catalyst. Here is What to Know Beyond Why Exxon Mobil Corporation (XOM) is a Trending Stock
• Negative Sentiment: Energy shares moved lower late Friday as the broader sector weakened, and oil prices slipped below $89 amid easing geopolitical fears and talk of Iran negotiations, which can pressure ExxonMobil’s near-term earnings outlook. Sector Update: Energy Stocks Fall Late Afternoon
• Negative Sentiment: Trump’s refusal to ease Iran sanctions and the associated drop in oil prices weighed on the energy complex, limiting support for ExxonMobil despite the company’s longer-term supply optimism. Trump Holds the Line on Iran: No Sanctions Relief as Oil Slides Below $89

Analyst Upgrades and Downgrades

XOM has been the subject of a number of analyst reports. Jefferies Financial Group increased their price target on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research report on Thursday, April 9th. Bank of America increased their price target on ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Morgan Stanley cut their target price on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a research note on Friday, April 17th. Zacks Research downgraded ExxonMobil from a “strong-buy” rating to a “hold” rating in a research note on Tuesday. Finally, Barclays raised their target price on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research note on Tuesday. Ten investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $165.55.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, 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 filing with the SEC, which is available through the SEC website. 0.03% of the stock is owned by insiders.

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.