Meeder Asset Management Inc. Acquires 108,973 Shares of ExxonMobil Corporation $XOM

Meeder Asset Management Inc. raised its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 820.8% in the first quarter, Holdings Channel reports. The institutional investor owned 122,249 shares of the oil and gas company’s stock after buying an additional 108,973 shares during the quarter. ExxonMobil accounts for about 1.2% of Meeder Asset Management Inc.’s portfolio, making the stock its 17th biggest holding. Meeder Asset Management Inc.’s holdings in ExxonMobil were worth $20,741,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Capital Investment Advisors LLC boosted its holdings in ExxonMobil by 6.6% in the fourth quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after purchasing an additional 14,233 shares during the last quarter. Assetmark Inc. grew its holdings in ExxonMobil by 8.3% during the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after purchasing an additional 37,666 shares during the period. Sanctuary Advisors LLC grew its stake in shares of ExxonMobil by 2.3% during the 4th quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock valued at $126,166,000 after acquiring an additional 23,668 shares during the period. Clear Trail Advisors LLC purchased a new stake in shares of ExxonMobil in the fourth quarter worth $28,728,000. Finally, Midwest Trust Co increased its stake in ExxonMobil by 3.9% in the 1st quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock worth $120,623,000 after buying an additional 26,411 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Crude oil surged after renewed geopolitical तनाव in the Middle East, with WTI briefly touching $100 before settling lower, helping lift ExxonMobil and other energy names on expectations of stronger upstream earnings. Oil Prices Hit $95 a Barrel as Rubio Says Iran ‘Not Serious’ About Talks
• Positive Sentiment: Investors are positioning ahead of ExxonMobil’s upcoming second-quarter earnings, with articles highlighting expectations for a triple-digit increase in bottom-line results and a potential break above technical resistance. ExxonMobil (XOM) Stock Approaches Key Resistance Ahead of Q2 Earnings Release
• Positive Sentiment: Market commentary points to ExxonMobil benefiting from a broader rotation into “hard assets” and energy security plays as investors favor companies tied to AI infrastructure and commodities over speculative tech. The 2026 Blueprint: 6 Stocks for a Brand New Portfolio (XOM)
• Neutral Sentiment: ETF and sector coverage continued to highlight strong performance across energy stocks in 2026, but these pieces were broader industry commentary rather than company-specific catalysts. Navigating the Energy Surge: A Value-Chain Guide to Energy ETFs
• Neutral Sentiment: Some reports noted ExxonMobil approaching a possible technical breakout and fund managers showing bullish interest, which reinforces positive sentiment but does not represent a new fundamental development. Madison Dividend Income Fund is Bullish on ExxonMobil Holdings Corporation (XOM)

Analysts Set New Price Targets

A number of brokerages have issued reports on XOM. Sanford C. Bernstein reduced their price target on shares of ExxonMobil from $195.00 to $182.00 and set an “outperform” rating on the stock in a report on Monday, May 11th. Piper Sandler assumed coverage on shares of ExxonMobil in a report on Thursday. They issued a “neutral” rating and a $158.00 target price for the company. Mizuho reduced their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 price target on shares of ExxonMobil in a research note on Tuesday, May 5th. Finally, DZ Bank raised shares of ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and eleven have issued a Hold rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $163.25.

ExxonMobil Stock Up 1.6%

Shares of XOM opened at $156.86 on Friday. The company has a market cap of $650.17 billion, a PE ratio of 26.45, a P/E/G ratio of 0.64 and a beta of 0.17. The business has a fifty day moving average of $145.93 and a 200 day moving average of $147.38. ExxonMobil Corporation has a 52-week low of $105.53 and a 52-week high of $176.41. 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 posted its quarterly earnings data on Friday, May 1st. The oil and gas company reported $1.16 earnings per share for the quarter, beating 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 business had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter in the previous year, the business posted $1.76 earnings per share. The business’s revenue was up 2.4% compared to the same quarter last year. On average, sell-side analysts expect that ExxonMobil Corporation will post 11.28 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, June 10th. Investors of record on Friday, May 15th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date was Friday, May 15th. ExxonMobil’s dividend payout ratio is presently 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.