SageGuard Financial Group LLC Takes Position in ExxonMobil Corporation $XOM

by · The Markets Daily

SageGuard Financial Group LLC bought a new stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) during the 4th quarter, HoldingsChannel reports. The institutional investor bought 67,215 shares of the oil and gas company’s stock, valued at approximately $8,089,000. ExxonMobil accounts for about 1.3% of SageGuard Financial Group LLC’s investment portfolio, making the stock its 29th biggest position.

Several other large investors have also recently modified their holdings of XOM. Key Capital Management INC bought a new position in shares of ExxonMobil during the 4th quarter valued at approximately $28,000. Westfuller Advisors LLC bought a new position in shares of ExxonMobil during the 3rd quarter valued at approximately $30,000. Clayton Financial Group LLC bought a new position in shares of ExxonMobil during the 3rd quarter valued at approximately $40,000. TruNorth Capital Management LLC increased its position in shares of ExxonMobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its position in shares of ExxonMobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at ExxonMobil

In other ExxonMobil news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last three months, insiders sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. BNP Paribas Exane set a $165.00 target price on ExxonMobil and gave the company a “neutral” rating in a research report on Friday, April 17th. Loop Capital set a $123.00 price objective on ExxonMobil in a research report on Tuesday, February 3rd. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday. Wells Fargo & Company upped their price objective on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, April 9th. Finally, Bank of America upped their price objective on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have given a Hold rating to the stock. According to data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $161.55.

Check Out Our Latest Stock Analysis on ExxonMobil

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
  • Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
  • Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a “strong‑buy” and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
  • Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
  • Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
  • Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
  • Neutral Sentiment: Featured in investor idea pieces — XOM appears in “high‑flying” and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $150.61 on Friday. The stock’s fifty day moving average is $154.74 and its two-hundred day moving average is $133.61. The company has a market capitalization of $626.01 billion, a PE ratio of 22.51, a price-to-earnings-growth ratio of 0.76 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 52 week low of $101.18 and a 52 week high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.ExxonMobil’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.67 EPS. As a group, analysts expect that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s dividend payout ratio is currently 61.58%.

About ExxonMobil

(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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