ExxonMobil Corporation $XOM Shares Sold by BTC Capital Management Inc.

BTC Capital Management Inc. reduced its holdings in ExxonMobil Corporation (NYSE:XOM – Free Report) by 16.6% in the first quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 179,431 shares of the oil and gas company’s stock after selling 35,721 shares during the quarter. ExxonMobil comprises 2.1% of BTC Capital Management Inc.’s holdings, making the stock its 10th largest holding. BTC Capital Management Inc.’s holdings in ExxonMobil were worth $30,471,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Blue Trust Inc. boosted its holdings in shares of ExxonMobil by 1.1% during the 1st quarter. Blue Trust Inc. now owns 97,233 shares of the oil and gas company’s stock worth $16,497,000 after buying an additional 1,063 shares in the last quarter. Fifth Third Wealth Advisors LLC lifted its position in shares of ExxonMobil by 9.8% during the 1st quarter. Fifth Third Wealth Advisors LLC now owns 195,198 shares of the oil and gas company’s stock valued at $33,117,000 after acquiring an additional 17,416 shares during the period. OP Asset Management Ltd acquired a new position in shares of ExxonMobil during the 1st quarter valued at $79,723,000. Provenance Wealth Advisors LLC boosted its stake in ExxonMobil by 140.9% during the first quarter. Provenance Wealth Advisors LLC now owns 2,255 shares of the oil and gas company’s stock worth $383,000 after acquiring an additional 1,319 shares in the last quarter. Finally, Banque Cantonale Vaudoise boosted its stake in ExxonMobil by 13.5% during the first quarter. Banque Cantonale Vaudoise now owns 91,570 shares of the oil and gas company’s stock worth $15,536,000 after acquiring an additional 10,923 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Stock Performance

Shares of XOM stock opened at $136.41 on Friday. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. The firm has a fifty day simple moving average of $148.59 and a two-hundred day simple moving average of $143.96. ExxonMobil Corporation has a 12 month low of $105.53 and a 12 month high of $176.41. The firm has a market capitalization of $565.43 billion, a PE ratio of 23.00, a price-to-earnings-growth ratio of 0.58 and a beta of 0.16.

ExxonMobil (NYSE:XOM – Get Free Report) last released 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. The firm had revenue of $83.16 billion for the quarter, compared to analyst estimates of $81.13 billion. ExxonMobil had a net margin of 7.57% and a return on equity of 10.24%. The business’s quarterly revenue was up 2.4% compared to the same quarter last year. During the same period last year, the firm earned $1.76 earnings per share. Analysts forecast that ExxonMobil Corporation will post 11.86 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business 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. The ex-dividend date was Friday, May 15th. This represents a $4.12 annualized dividend and a yield of 3.0%. ExxonMobil’s dividend payout ratio is 69.48%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil received a legal boost when the Supreme Court revived its billion-dollar Cuba claim, which could support future recoveries if the case ultimately goes Exxon’s way.
• Positive Sentiment: ExxonMobil’s application to expand its footprint in Guyana points to continued investment in a key growth region, reinforcing the company’s long-term production potential.
• Positive Sentiment: Analyst and investor commentary continues to frame ExxonMobil as a dividend and value play, which may help limit downside among income-focused investors.
• Neutral Sentiment: Articles comparing ExxonMobil with Enterprise Products and discussing oil stocks broadly suggest investors are still weighing Exxon’s resilience against softer oil prices and midstream alternatives.
• Neutral Sentiment: Commentary on ExxonMobil’s long-term evolution and cash-flow valuation was generally constructive, but did not point to an immediate catalyst.
• Negative Sentiment: Crude oil dropped to its lowest level since the Iran conflict began, which pressured energy shares including ExxonMobil by reducing expected near-term upstream profits.
• Negative Sentiment: President Trump ordered a DOJ probe into ExxonMobil and other oil companies over elevated natural gas prices, creating headline risk and potential regulatory overhang.
• Negative Sentiment: Recent market coverage noted ExxonMobil had already pulled back over the past month, reflecting investor caution as energy prices and sector sentiment softened.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on XOM shares. UBS Group lifted their price target on shares of ExxonMobil from $171.00 to $174.00 and gave the company a “buy” rating in a research note on Monday, May 4th. Scotiabank increased their price objective on shares of ExxonMobil from $128.00 to $163.00 and gave the stock a “sector outperform” rating in a research report on Wednesday, April 22nd. Royal Bank Of Canada reissued a “sector perform” rating and set a $180.00 price objective on shares of ExxonMobil in a research report on Tuesday, May 5th. Jefferies Financial Group raised their target price on ExxonMobil from $178.00 to $184.00 and gave the company a “buy” rating in a research note on Thursday, April 9th. Finally, Piper Sandler dropped their price target on ExxonMobil from $186.00 to $182.00 and set an “overweight” rating on the stock in a research note on Thursday, April 9th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $165.70.

Read Our Latest Research Report on ExxonMobil

ExxonMobil Profile

(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.

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