Rep. Robert Bresnahan, Jr. Sells Off Shares of Exxon Mobil Co. (NYSE:XOM)

Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Exxon Mobil Co. (NYSE:XOM). In a filing disclosed on May 31st, the Representative disclosed that they had sold between $1,001 and $15,000 in Exxon Mobil stock on May 15th. The trade occurred in the Representative’s “JP MORGAN BROKERAGE ACCOUNT” account.

Representative Robert Bresnahan, Jr. also recently made the following trade(s):

• Sold $1,001 – $15,000 in shares of Zimmer Biomet (NYSE:ZBH) on 5/15/2025.
• Sold $15,001 – $50,000 in shares of Elevance Health (NYSE:ELV) on 5/15/2025.
• Sold $15,001 – $50,000 in shares of PepsiCo (NASDAQ:PEP) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of WEC Energy Group (NYSE:WEC) on 5/15/2025.
• Purchased $15,001 – $50,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 5/15/2025.
• Purchased $1,001 – $15,000 in shares of Hershey (NYSE:HSY) on 5/15/2025.
• Purchased $1,001 – $15,000 in shares of Kraft Heinz (NASDAQ:KHC) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of Danaher (NYSE:DHR) on 5/15/2025.
• Sold $1,001 – $15,000 in shares of International Flavors & Fragrances (NYSE:IFF) on 5/15/2025.
• Purchased $15,001 – $50,000 in shares of Texas Instruments (NASDAQ:TXN) on 5/15/2025.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $103.01 on Tuesday. The company has a debt-to-equity ratio of 0.14, a quick ratio of 0.97 and a current ratio of 1.31. The firm has a market cap of $443.95 billion, a price-to-earnings ratio of 13.14, a price-to-earnings-growth ratio of 3.02 and a beta of 0.51. The business has a 50-day simple moving average of $106.65 and a two-hundred day simple moving average of $109.50. Exxon Mobil Co. has a fifty-two week low of $97.80 and a fifty-two week high of $126.34.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, May 2nd. The oil and gas company reported $1.76 earnings per share for the quarter, beating the consensus estimate of $1.73 by $0.03. Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. The firm had revenue of $83.13 billion during the quarter, compared to analysts’ expectations of $86.11 billion. During the same period in the previous year, the company earned $2.06 earnings per share. The firm’s quarterly revenue was up .1% on a year-over-year basis. On average, analysts expect that Exxon Mobil Co. will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, June 10th. Investors of record on Thursday, May 15th will be given a dividend of $0.99 per share. The ex-dividend date is Thursday, May 15th. This represents a $3.96 annualized dividend and a dividend yield of 3.84%. Exxon Mobil’s dividend payout ratio (DPR) is presently 52.52%.

Institutional Investors Weigh In On Exxon Mobil

A number of institutional investors have recently bought and sold shares of XOM. 10Elms LLP bought a new stake in Exxon Mobil during the 4th quarter valued at approximately $25,000. Graybill Wealth Management LTD. purchased a new stake in Exxon Mobil during the 1st quarter valued at approximately $29,000. Fairway Wealth LLC bought a new stake in shares of Exxon Mobil during the fourth quarter valued at approximately $31,000. Elequin Capital LP bought a new stake in shares of Exxon Mobil during the first quarter valued at approximately $31,000. Finally, Capital A Wealth Management LLC purchased a new position in shares of Exxon Mobil in the fourth quarter worth $32,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of research firms have weighed in on XOM. Scotiabank lowered their target price on Exxon Mobil from $140.00 to $115.00 and set a “sector outperform” rating on the stock in a report on Friday, April 11th. Morgan Stanley reduced their price target on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a research report on Thursday, March 27th. Royal Bank of Canada reiterated a “sector perform” rating on shares of Exxon Mobil in a research note on Thursday, May 22nd. Mizuho dropped their price objective on shares of Exxon Mobil from $129.00 to $124.00 and set a “neutral” rating on the stock in a report on Tuesday, May 13th. Finally, Argus raised shares of Exxon Mobil to a “strong-buy” rating in a report on Tuesday, February 4th. One investment analyst has rated the stock with a sell rating, ten have given a hold rating, nine have issued a buy rating and two have given a strong buy rating to the stock. According to MarketBeat.com, Exxon Mobil has a consensus rating of “Moderate Buy” and a consensus price target of $125.50.

About Representative Bresnahan

Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania’s 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.

Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania’s 8th Congressional District. He declared candidacy for the 2026 election.

Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.