ExxonMobil Corporation $XOM Shares Sold by MIdWestOne Financial Group Inc.

MIdWestOne Financial Group Inc. trimmed its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 11.8% in the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 33,202 shares of the oil and gas company’s stock after selling 4,421 shares during the period. MIdWestOne Financial Group Inc.’s holdings in ExxonMobil were worth $3,996,000 as of its most recent SEC filing.

Several other hedge funds have also modified their holdings of the stock. Norges Bank purchased a new stake in shares of ExxonMobil during the fourth quarter valued at $7,625,063,000. Bank of New York Mellon Corp lifted its holdings in shares of ExxonMobil by 1.2% during the fourth quarter. Bank of New York Mellon Corp now owns 46,605,353 shares of the oil and gas company’s stock valued at $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Northern Trust Corp lifted its holdings in shares of ExxonMobil by 1.0% during the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Franklin Resources Inc. lifted its holdings in shares of 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 valued at $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Finally, Capital Research Global Investors lifted its holdings in shares of ExxonMobil by 0.4% during the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after purchasing an additional 127,466 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Stock Performance

Shares of XOM stock opened at $146.56 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a fifty-two week low of $105.53 and a fifty-two week high of $176.41. The stock’s 50-day moving average is $152.37 and its two-hundred day moving average is $142.33. The firm has a market cap of $607.47 billion, a P/E ratio of 24.71, a PEG ratio of 0.65 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last issued 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. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The company had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. During the same period in the prior year, the firm posted $1.76 EPS. The business’s revenue was up 2.4% compared to the same quarter last year. Analysts predict that ExxonMobil Corporation will post 11.66 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. ExxonMobil’s dividend payout ratio is currently 69.48%.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. JPMorgan Chase & Co. upped their target price on ExxonMobil from $140.00 to $170.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. Barclays upped their price target on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research report on Tuesday, May 26th. Scotiabank upped their price target on ExxonMobil from $128.00 to $163.00 and gave the company a “sector outperform” rating in a research report on Wednesday, April 22nd. Weiss Ratings lowered ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a research report on Thursday, May 21st. Finally, Jefferies Financial Group upped 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. Ten investment analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $165.55.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil is benefiting from a broader energy rally, with higher crude prices and stronger sector sentiment supporting integrated oil companies like XOM. Exxon plans work at Beaumont, Texas complex, says online notice
• Positive Sentiment: Articles highlighting Exxon’s low debt load and ability to navigate commodity swings reinforce the view that XOM is better positioned than many peers to fund growth and return capital to shareholders. How XOM Navigates Business Uncertainty Better Than Many Peers
• Positive Sentiment: Market commentary said ExxonMobil stock is drawing institutional buying interest, with investors encouraged by prior earnings that beat expectations and upbeat price targets. ExxonMobil (XOM) Stock Gains Momentum as Institutional Investors Pile In
• Positive Sentiment: Exxon’s Guyana operations were reported to have generated $4.67 billion of profit in 2025, underscoring the importance of that growth engine to the company’s earnings profile. Exxon says profit from Guyana operations totaled $4.67B in 2025

Insider Activity at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

About ExxonMobil

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.