Founders Financial Securities LLC Sells 12,572 Shares of ExxonMobil Corporation $XOM

Founders Financial Securities LLC trimmed its position in shares of ExxonMobil Corporation (NYSE:XOM) by 21.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 45,119 shares of the oil and gas company’s stock after selling 12,572 shares during the period. Founders Financial Securities LLC’s holdings in ExxonMobil were worth $6,995,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also recently modified their holdings of the company. BI Asset Management Fondsmaeglerselskab A S grew its holdings in shares of ExxonMobil by 4.1% in the first quarter. BI Asset Management Fondsmaeglerselskab A S now owns 249,331 shares of the oil and gas company’s stock valued at $40,830,000 after purchasing an additional 9,709 shares in the last quarter. Uhlmann Price Securities LLC raised its stake in ExxonMobil by 424.7% during the first quarter. Uhlmann Price Securities LLC now owns 10,605 shares of the oil and gas company’s stock valued at $1,762,000 after purchasing an additional 8,584 shares in the last quarter. McClarren Financial Advisors Inc. bought a new position in ExxonMobil during the first quarter valued at $213,000. Lexington Hill Partners LLC lifted its position in ExxonMobil by 4.8% during the first quarter. Lexington Hill Partners LLC now owns 14,997 shares of the oil and gas company’s stock valued at $2,544,000 after purchasing an additional 693 shares during the last quarter. Finally, Diversified Trust Co grew its stake in shares of ExxonMobil by 13.9% in the 1st quarter. Diversified Trust Co now owns 132,744 shares of the oil and gas company’s stock worth $22,521,000 after buying an additional 16,168 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

XOM has been the topic of a number of research reports. Weiss Ratings downgraded shares of ExxonMobil from a “hold (c+)” rating to a “hold (c)” rating in a report on Thursday, May 21st. Morgan Stanley lowered their price target on shares of ExxonMobil from $172.00 to $171.00 and set an “overweight” rating for the company in a report on Friday, April 17th. Jefferies Financial Group lifted their price target on ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research report on Thursday, April 9th. Citigroup upped their price objective on ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday, April 2nd. Finally, BNP Paribas Exane set a $165.00 price objective on ExxonMobil and gave the company a “neutral” rating in a research note on Friday, April 17th. Eleven research analysts have rated the stock with a Buy rating and ten have given a Hold rating to the stock. According to MarketBeat, ExxonMobil presently has a consensus rating of “Moderate Buy” and a consensus price target of $165.70.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil announced a planned effective date for its long-anticipated redomiciliation from New Jersey to Texas, with the move set for July 1, 2026 through a new parent company, ExxonMobil Holdings Corporation. Shareholders have already approved the change, which management may frame as a governance and operating simplification for the business. ExxonMobil Announces Planned Effective Date for Move to Texas
• Positive Sentiment: BofA upgraded ExxonMobil to Buy, citing a more favorable outlook for the integrated oil major and reinforcing the view that XOM remains attractively positioned among large U.S. energy names. Exxon Mobil (XOM) Upgraded at BofA. Here is Why
• Positive Sentiment: Several energy-market articles pointed to ongoing tightness in oil markets and the possibility that prices could rebound later, which would generally support ExxonMobil’s upstream earnings and cash flow if crude prices strengthen again. The Oil Trade May Not Be Over: 3 Energy Stocks to Watch
• Neutral Sentiment: Zacks flagged XOM as a trending stock, indicating elevated investor attention but not a direct fundamental catalyst. Exxon Mobil Corporation (XOM) Is a Trending Stock: Facts to Know Before Betting on It
• Neutral Sentiment: ExxonMobil also drew attention for a potential LNG project in South Africa and for its involvement with Sable Offshore’s loan amendment and waiver, but these look like longer-dated strategic or financing items rather than immediate stock-moving developments. ExxonMobil (XOM) to Develop South Africa’s First LNG Import Terminal at Port of Richards Bay
• Negative Sentiment: Broader headlines about falling oil prices and easing Middle East tensions could pressure ExxonMobil’s earnings expectations if weaker crude persists, since the stock is still highly sensitive to commodity prices. While Oil Prices Have Fallen From Their Peak, Here’s Why They Could Rise Again in the Future.

ExxonMobil Stock Up 0.4%

Shares of NYSE XOM opened at $138.41 on Tuesday. ExxonMobil Corporation has a 1 year low of $105.53 and a 1 year high of $176.41. The firm has a 50-day simple moving average of $149.64 and a two-hundred day simple moving average of $143.57. The company has a market cap of $573.72 billion, a P/E ratio of 23.34, a PEG ratio of 0.58 and a beta of 0.16. 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 (NYSE:XOM) last released its earnings results on Friday, May 1st. The oil and gas company reported $1.16 EPS for the quarter, beating analysts’ consensus estimates of $0.98 by $0.18. ExxonMobil had a return on equity of 10.24% and a net margin of 7.57%.The firm had revenue of $83.16 billion for the quarter, compared to analysts’ expectations of $81.13 billion. During the same quarter in the prior year, the firm posted $1.76 earnings per share. The company’s quarterly revenue was up 2.4% on a year-over-year basis. Research analysts anticipate that ExxonMobil Corporation will post 11.86 earnings per share for the current year.

ExxonMobil Dividend Announcement

The firm also recently disclosed 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 dividend on an annualized basis and a yield of 3.0%. ExxonMobil’s 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.