Alta Advisers Ltd Sells 6,100 Shares of ExxonMobil Corporation $XOM

Posted by ABMN Staff on May 27th, 2026

Alta Advisers Ltd reduced its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 27.0% in the fourth quarter, according to its most recent filing with the SEC. The fund owned 16,458 shares of the oil and gas company’s stock after selling 6,100 shares during the quarter. ExxonMobil comprises approximately 0.7% of Alta Advisers Ltd’s holdings, making the stock its 18th largest holding. Alta Advisers Ltd’s holdings in ExxonMobil were worth $1,981,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently modified their holdings of the company. Berbice Capital Management LLC bought a new stake in ExxonMobil during the fourth quarter worth approximately $26,000. Midwest Capital Advisors LLC purchased a new stake in ExxonMobil during the 4th quarter valued at $27,000. E Fund Management Hong Kong Co. Ltd. raised its holdings in ExxonMobil by 456.1% during the 4th quarter. E Fund Management Hong Kong Co. Ltd. now owns 228 shares of the oil and gas company’s stock valued at $27,000 after buying an additional 187 shares during the period. Key Capital Management INC purchased a new stake in ExxonMobil during the 4th quarter valued at $28,000. Finally, Nvest Wealth Strategies Inc. purchased a new stake in ExxonMobil during the 4th quarter valued at $32,000. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Stock Performance

Shares of ExxonMobil stock opened at $150.18 on Wednesday. The firm has a market cap of $622.49 billion, a P/E ratio of 25.33, a P/E/G ratio of 0.68 and a beta of 0.19. The company has a current ratio of 1.04, a quick ratio of 0.77 and a debt-to-equity ratio of 0.13. ExxonMobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The stock’s fifty day moving average price is $155.70 and its 200-day moving average price is $139.67.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating the consensus estimate 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 return on equity of 10.24% and a net margin of 7.57%.The business’s revenue for the quarter was up 2.4% on a year-over-year basis. During the same quarter last year, the firm posted $1.76 earnings per share. On average, equities research analysts expect that ExxonMobil Corporation will post 11.49 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

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

Analyst Ratings Changes

Several analysts recently weighed in on the company. Morgan Stanley decreased their price target on ExxonMobil from $172.00 to $171.00 and set an “overweight” rating on the stock in a report on Friday, April 17th. BMO Capital Markets restated a “market perform” rating and set a $155.00 price target on shares of ExxonMobil in a report on Wednesday, February 4th. Loop Capital set a $123.00 price target on ExxonMobil in a report on Tuesday, February 3rd. Bank of America increased their price target on ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Finally, Barclays increased their target price on ExxonMobil from $163.00 to $182.00 and gave the stock an “overweight” rating in a research note on Tuesday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have assigned a Hold rating to the stock. According to data from MarketBeat.com, ExxonMobil has an average rating of “Moderate Buy” and an average target price of $164.90.

Check Out Our Latest Stock Report on XOM

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: ExxonMobil is seeking environmental approval for the Haimara gas-condensate project in Guyana’s Stabroek block, a sign of continued expansion in one of its most important growth areas. ExxonMobil seeks environmental approval for new offshore project in Guyana
Positive Sentiment: Several reports highlighted ExxonMobil as a top high-yield energy name, reinforcing investor interest in its dividend and defensive profile amid market volatility. 5 Top-Ranked High-Yielding Energy Stocks to Buy for a Stable Portfolio
Neutral Sentiment: Occidental Petroleum is taking a 10% stake in ExxonMobil’s offshore Trinidad deepwater block, which validates the project but also signals Exxon is sharing development risk and future upside. Exclusive: Occidental takes 10% stake in Exxon deepwater block offshore Trinidad, sources say
Neutral Sentiment: Analysts and market commentary continue to frame Exxon as an income and energy-price play, with bullish comparisons tied to higher oil prices and stable cash generation. Oil Above $90: Is ExxonMobil a Better Buy Than ConocoPhillips?
Negative Sentiment: Energy stocks fell late in the day, and XOM was caught in the sector-wide selloff as investors reacted to softer oil prices and shifting geopolitical headlines. Sector Update: Energy Stocks Fall Late Afternoon
Negative Sentiment: Oil prices slipped after comments from President Trump that Iran talks were “proceeding nicely,” which weighed on the broader energy complex and likely pressured ExxonMobil shares. USO, UCO, BATL, XOM Slip: Oil Dips Below $100 After Trump Says Iran Talks ‘Proceeding Nicely’

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by insiders.

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.