Mitchell Mcleod Pugh & Williams Inc. Increases Stock Holdings in ExxonMobil Corporation $XOM

Mitchell Mcleod Pugh & Williams Inc. raised its stake in ExxonMobil Corporation (NYSE:XOM) by 11.5% during the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 39,889 shares of the oil and gas company’s stock after purchasing an additional 4,106 shares during the period. ExxonMobil accounts for about 0.7% of Mitchell Mcleod Pugh & Williams Inc.’s holdings, making the stock its 28th biggest position. Mitchell Mcleod Pugh & Williams Inc.’s holdings in ExxonMobil were worth $4,800,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of ExxonMobil during the fourth quarter worth about $7,625,063,000. Bank of New York Mellon Corp grew 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 worth $5,608,488,000 after purchasing an additional 531,362 shares during the last quarter. Northern Trust Corp grew 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 worth $4,963,934,000 after purchasing an additional 445,283 shares during the last quarter. Franklin Resources Inc. grew 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 worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the last quarter. Finally, Capital Research Global Investors grew 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 worth $3,790,773,000 after purchasing an additional 127,466 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 0.03% of the stock is currently owned by company insiders.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Energy stocks were highlighted as potential winners after a stronger-than-expected May jobs report, which can lift oil-demand expectations and support ExxonMobil alongside the broader energy sector. Likely Sector ETF & Stock Winners From May Jobs Report
• Positive Sentiment: ExxonMobil’s Coral Norte LNG contract win in Mozambique adds another major LNG project to its portfolio, reinforcing its long-term gas growth strategy and potential cash-flow upside. Exxon Mobil Coral Norte LNG Win And What It Means For Valuation
• Positive Sentiment: Exxon reported $4.67 billion in profit from Guyana operations in 2025, underscoring the importance of this high-growth asset and its contribution to future earnings. Exxon 2025 profit in Guyana totaled $4.67 billion
• Positive Sentiment: The broader energy trade has been firm, with the Energy Select Sector ETF (XLE) up strongly year-to-date, signaling improving investor appetite for oil and gas names like ExxonMobil. Energy Refuses to Quit: XLE Up 29% YTD as Oil Stocks Wake Up
• Neutral Sentiment: News that former Exxon CEO Lee Raymond died at 87 is notable for the company’s history, but it does not appear to have a direct operating impact on ExxonMobil’s near-term fundamentals. Former Exxon CEO Lee Raymond Dies at 87
• Neutral Sentiment: One market note said ExxonMobil underperformed peers despite gains, suggesting relative weakness versus competitors rather than a company-specific negative catalyst. Exxon Mobil Corp. stock underperforms Wednesday when compared to competitors despite daily gains

Analyst Ratings Changes

XOM has been the topic of several research reports. Wells Fargo & Company raised their price objective on ExxonMobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a report on Thursday, April 9th. Jefferies Financial Group raised their target price on shares of ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Sanford C. Bernstein lowered their target price on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a research report on Monday, May 11th. UBS Group raised their target price on shares of ExxonMobil from $171.00 to $174.00 and gave the stock a “buy” rating in a research report on Monday, May 4th. Finally, Bank of America raised their target price on shares of ExxonMobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Ten research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $165.55.

ExxonMobil Stock Performance

NYSE XOM opened at $150.72 on Thursday. 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 Corporation has a 52-week low of $105.53 and a 52-week high of $176.41. The business’s 50-day moving average price is $152.83 and its 200 day moving average price is $142.12. The firm has a market cap of $624.73 billion, a P/E ratio of 25.42, a P/E/G ratio of 0.64 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates 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 analyst estimates of $81.13 billion. During the same quarter last year, the company posted $1.76 earnings per share. The business’s revenue was up 2.4% on a year-over-year basis. On average, equities research analysts expect that ExxonMobil Corporation will post 11.66 earnings per share for the current year.

ExxonMobil Dividend Announcement

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

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.