California Public Employees Retirement System Sells 127,552 Shares of ExxonMobil Corporation $XOM

California Public Employees Retirement System reduced its holdings in shares of ExxonMobil Corporation (NYSE:XOM) by 1.6% during the first quarter, HoldingsChannel.com reports. The institutional investor owned 7,823,133 shares of the oil and gas company’s stock after selling 127,552 shares during the quarter. ExxonMobil accounts for about 0.8% of California Public Employees Retirement System’s investment portfolio, making the stock its 16th largest holding. California Public Employees Retirement System’s holdings in ExxonMobil were worth $1,327,273,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Capital Investment Advisors LLC boosted its stake in ExxonMobil by 6.6% in the 4th 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 period. Assetmark Inc. increased its position in shares of 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 buying an additional 37,666 shares during the period. Sanctuary Advisors LLC lifted its holdings in shares of ExxonMobil by 2.3% in the fourth quarter. Sanctuary Advisors LLC now owns 1,048,409 shares of the oil and gas company’s stock worth $126,166,000 after buying an additional 23,668 shares in the last quarter. Clear Trail Advisors LLC purchased a new stake in shares of ExxonMobil in the fourth quarter worth about $28,728,000. Finally, Midwest Trust Co lifted its holdings in shares of ExxonMobil by 3.9% in the first 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.

ExxonMobil Trading Up 2.1%

Shares of XOM opened at $151.53 on Wednesday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.04 and a quick ratio of 0.77. ExxonMobil Corporation has a 1-year low of $105.53 and a 1-year high of $176.41. The company has a market capitalization of $628.10 billion, a P/E ratio of 25.55, a P/E/G ratio of 0.61 and a beta of 0.17. The firm’s 50 day simple moving average is $145.78 and its 200 day simple moving average is $146.90.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, topping 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 revenue for the quarter was up 2.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $1.76 EPS. Sell-side analysts forecast that ExxonMobil Corporation will post 11.38 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

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

Trending Headlines about 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.

Analysts Set New Price Targets

Several brokerages recently commented on XOM. UBS Group boosted their price objective 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. DZ Bank upgraded shares of ExxonMobil to a “strong-buy” rating in a research note on Monday, July 6th. Royal Bank Of Canada reiterated a “sector perform” rating and issued a $180.00 target price on shares of ExxonMobil in a research note on Tuesday, May 5th. TD Cowen cut their price target on shares of ExxonMobil from $172.00 to $155.00 and set a “buy” rating for the company in a report on Thursday, July 2nd. Finally, Citigroup restated a “neutral” rating on shares of ExxonMobil in a research report on Wednesday, July 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $164.45.

ExxonMobil Profile

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.