Rep. James A. Himes Unloads ExxonMobil Corporation (NYSE:XOM) Stock

Posted by Latisha Jones on Jul 22nd, 2026

Representative James A. Himes (Democratic-Connecticut) recently sold shares of ExxonMobil Corporation (NYSE:XOM). In a filing disclosed on July 20th, the Representative disclosed that they had sold between $15,001 and $50,000 in ExxonMobil stock on July 20th. The trade occurred in the Representative’s “FIDELITY BROKERAGE” account.

Representative James A. Himes also recently made the following trade(s):

Sold $1,001 – $15,000 in shares of Bank of America (NYSE:BAC) on 7/20/2026.
Sold $15,001 – $50,000 in shares of Home Depot (NYSE:HD) on 7/20/2026.

ExxonMobil Trading Up 2.1%

XOM stock opened at $151.53 on Wednesday. The business has a fifty day moving average of $145.78 and a 200-day moving average of $146.90. The company has a quick ratio of 0.77, a current ratio of 1.04 and a debt-to-equity ratio of 0.13. The company has a market cap of $628.10 billion, a P/E ratio of 25.55, a PEG ratio of 0.61 and a beta of 0.17. ExxonMobil Corporation has a twelve month low of $105.53 and a twelve month high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. The company had revenue of $83.16 billion for the quarter, compared to the consensus estimate of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. 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. As a group, equities research analysts expect that ExxonMobil Corporation will post 11.38 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, June 10th. Stockholders of record on Friday, May 15th were given a dividend of $1.03 per share. The ex-dividend date was Friday, May 15th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. ExxonMobil’s payout ratio is presently 69.48%.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on the stock. Wells Fargo & Company boosted their price target on shares of ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday, April 9th. Piper Sandler dropped their target price on shares of ExxonMobil from $186.00 to $182.00 and set an “overweight” rating for the company in a research report on Thursday, April 9th. Barclays increased their price target on ExxonMobil from $163.00 to $182.00 and gave the company an “overweight” rating in a research note on Tuesday, May 26th. UBS Group lifted their price objective on ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research note on Monday, May 4th. Finally, Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and ten have given a Hold rating to the company. According to MarketBeat.com, ExxonMobil has an average rating of “Moderate Buy” and a consensus price target of $164.45.

View Our Latest Stock Analysis on ExxonMobil

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil is scheduled to report second-quarter 2026 results on July 31, keeping investor attention on potential earnings and guidance updates. The report could reinforce the company’s cash-flow strength and dividend support. ExxonMobil to Release Second Quarter 2026 Financial Results
Positive Sentiment: Recent commentary has highlighted ExxonMobil as one of the energy names positioned to benefit from rising energy demand and stronger oil market conditions, which can improve upstream earnings and free cash flow. These 3 Energy Stocks Could Outpace the Market in the Next 12 Months
Positive Sentiment: Oil-linked funds and stock coverage have pointed to a sharp Brent crude rebound, which generally supports integrated oil companies like ExxonMobil by improving realizations and sentiment across the sector. This ‘Cash Cow’ ETF’s Energy Bet Just Paid Off as Brent Spiked 14% in Five Days
Positive Sentiment: Analyst and media coverage continues to feature ExxonMobil’s energy portfolio favorably, suggesting Wall Street remains constructive on the company’s long-term fundamentals. The Zacks Analyst Blog Highlights Apple, JPMorgan Chase, ExxonMobil, Smith-Midland and Coffee Holding
Neutral Sentiment: Several market recap items noted that ExxonMobil outperformed the broader market in the latest session, but these were mostly performance summaries rather than new company-specific catalysts. Exxon Mobil Holdings (XOM) Outperforms Broader Market: What You Need to Know
Neutral Sentiment: ExxonMobil also appeared in lists of oil stocks to watch and analyst prediction roundups, which may support ongoing investor interest but did not include a major fresh catalyst. Promising Oil Stocks To Keep An Eye On – July 18th
Negative Sentiment: No major negative company-specific developments were highlighted in the recent articles, so the stock’s move appears more tied to sector momentum and earnings anticipation than to any fresh setback for ExxonMobil.

Hedge Funds Weigh In On ExxonMobil

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Bank of America Corp DE grew its stake in ExxonMobil by 2.0% in the fourth quarter. Bank of America Corp DE now owns 75,152,366 shares of the oil and gas company’s stock valued at $9,043,836,000 after acquiring an additional 1,457,560 shares during the period. Norges Bank acquired a new stake in ExxonMobil during the 4th quarter worth approximately $7,625,063,000. Bank of New York Mellon Corp lifted its stake in ExxonMobil by 1.2% in 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 buying an additional 531,362 shares in the last quarter. Northern Trust Corp increased its position 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 worth $4,963,934,000 after acquiring an additional 445,283 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of ExxonMobil by 0.9% during the fourth quarter. Charles Schwab Investment Management Inc. now owns 34,090,589 shares of the oil and gas company’s stock worth $4,102,708,000 after acquiring an additional 293,446 shares during the period. 61.80% of the stock is owned by institutional investors.

About Representative Himes

Jim Himes (Democratic Party) is a member of the U.S. House, representing Connecticut’s 4th Congressional District. He assumed office on January 3, 2009. His current term ends on January 3, 2027.

Himes (Democratic Party) is running for re-election to the U.S. House to represent Connecticut’s 4th Congressional District. He declared candidacy for the 2026 election.

ExxonMobil Company Profile

(Get Free Report)

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.