Apollon Wealth Management LLC Buys 4,085 Shares of Exxon Mobil Corporation $XOM

Apollon Wealth Management LLC increased its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 2.2% in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 192,261 shares of the oil and gas company’s stock after acquiring an additional 4,085 shares during the quarter. Apollon Wealth Management LLC’s holdings in Exxon Mobil were worth $23,137,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of the stock. Eagle Capital Management LLC lifted its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP bought a new position in Exxon Mobil during the first quarter valued at $305,000. Sivia Capital Partners LLC lifted its position in Exxon Mobil by 1.9% during the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after purchasing an additional 207 shares during the last quarter. United Bank lifted its position in Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after purchasing an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. raised its stake in shares of Exxon Mobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after acquiring an additional 5,443 shares during the period. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on XOM shares. Royal Bank Of Canada increased their target price on shares of Exxon Mobil from $160.00 to $180.00 and gave the company a “sector perform” rating in a research note on Thursday, April 9th. Weiss Ratings reissued a “hold (c+)” rating on shares of Exxon Mobil in a research note on Friday. BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a research note on Tuesday, February 3rd. JPMorgan Chase & Co. increased their target price on shares of Exxon Mobil from $140.00 to $170.00 and gave the company an “overweight” rating in a research note on Thursday, April 9th. Finally, Barclays increased their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $159.20.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Over the last 90 days, insiders have sold 11,460 shares of company stock worth $1,687,854. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.0%

XOM stock opened at $152.48 on Tuesday. The company has a market capitalization of $633.79 billion, a PE ratio of 22.79, a P/E/G ratio of 0.96 and a beta of 0.29. Exxon Mobil Corporation has a 12 month low of $101.18 and a 12 month high of $176.41. The firm’s 50-day moving average is $154.79 and its 200 day moving average is $131.88. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping 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. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the firm posted $1.67 EPS. On average, research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. Exxon Mobil’s payout ratio is presently 61.58%.

Key Headlines Impacting Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Geopolitical risk (failed U.S.–Iran nuclear talks) is cited as a driver for higher oil and pushed XOM shares up on Monday as traders priced in tighter supply. Why Exxon Mobil Shares Are Trading Higher On Monday?
• Positive Sentiment: News of an imposed blockade of the Strait of Hormuz has driven a sharp oil rally, a direct tailwind for oil majors’ upstream earnings and near-term cash flow. Oil Surges 7% on Hormuz Blockade, U.S. Gulf Tanker Rush — 3 Stocks to Buy Now
• Positive Sentiment: Several analysts raised price targets this weekend (including banks boosting targets to $180 and $184), signaling continued bullish long-term analyst conviction despite short-term volatility. Exxon Mobil (NYSE:XOM) Price Target Raised to $180.00
• Positive Sentiment: Another analyst note raising a higher price target reinforces the view that some sell-side firms see more upside from current levels. Exxon Mobil (NYSE:XOM) Price Target Raised to $184.00
• Neutral Sentiment: Zacks highlights Exxon as a long-term value pick using style scores — supportive for buy-and-hold investors but not an immediate catalyst. Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks also notes strong Q1 upstream results helped by higher oil prices but flags that shares trade at a premium, creating a buy-now vs. wait valuation question for investors. Strong Oil Prices May Have Aided XOM’s Q1: Buy the Stock Now or Wait?
• Neutral Sentiment: Exxon’s aggressive expansion in Guyana keeps growth prospects front-and-center but raises governance, environmental and geopolitical risk questions that investors should monitor. Exxon Guyana Expansion Puts Stabroek Growth And Risks In Focus
• Negative Sentiment: TD Cowen cut its price target to $172, introducing short-term headwinds and signaling some analyst caution on upside at current valuations. TD Cowen Cuts Exxon Mobil (NYSE:XOM) Price Target to $172.00
• Negative Sentiment: Coverage notes XOM stock has slid ~10% in April amid volatility—this recent weakness can pressure sentiment even as some analysts remain bullish on longer-term targets. Exxon Mobil (XOM) Stock Slides 10% in April — Analysts Still Bullish with $185 Price Targets
• Negative Sentiment: A recent analyst downgrade drove an intraday decline (~1.7%), underscoring how differing analyst views are contributing to intra-day volatility. Exxon Mobil (NYSE:XOM) Stock Price Down 1.7% After Analyst Downgrade

Exxon Mobil Profile

Exxon Mobil 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.