Deroy & Devereaux Private Investment Counsel Inc. Reduces Stock Position in ExxonMobil Corporation $XOM

Deroy & Devereaux Private Investment Counsel Inc. lowered its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 1.8% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 274,963 shares of the oil and gas company’s stock after selling 5,124 shares during the period. ExxonMobil accounts for approximately 1.6% of Deroy & Devereaux Private Investment Counsel Inc.’s portfolio, making the stock its 22nd largest holding. Deroy & Devereaux Private Investment Counsel Inc.’s holdings in ExxonMobil were worth $33,089,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in the stock. Northern Trust Corp raised its position in shares of ExxonMobil by 1.0% in the third quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after buying an additional 445,283 shares in the last quarter. Franklin Resources Inc. raised its position in shares of ExxonMobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Capital Research Global Investors raised its position in shares of ExxonMobil by 0.4% in the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock worth $3,790,773,000 after buying an additional 127,466 shares in the last quarter. Fisher Asset Management LLC raised its position in shares of ExxonMobil by 1.1% in the third quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock worth $3,517,179,000 after buying an additional 340,785 shares in the last quarter. Finally, Legal & General Group Plc raised its position in shares of ExxonMobil by 4.5% in the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after buying an additional 886,087 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Integrated-major resilience: analysis highlights how Exxon’s diversified upstream/downstream/chemicals model helps it capture upside from higher oil while cushioning volatility — a structural reason investors favor XOM amid Strait of Hormuz tensions. Strait to Safety: How to Hedge Oil Volatility in the Crude Awakening
• Positive Sentiment: Geographic diversification: Exxon is accelerating a multi‑billion dollar push into Nigeria and expanding non‑Middle East projects (Guyana, Permian via Pioneer integration), which reduces chokepoint exposure and supports medium-term production visibility. The same report notes a Supreme Court decision shifting coastal lawsuits to federal court — a legal development that may reduce state-level litigation risk for majors. Exxon Mobil’s Nigeria Push And Federal Lawsuits Reframe Risk Reward Profile
• Positive Sentiment: Broker upgrade: BNP Paribas Exane recently upgraded XOM, signaling some analysts still see upside despite recent volatility. ExxonMobil (NYSE:XOM) Upgraded at BNP Paribas Exane
• Neutral Sentiment: Relative positioning: coverage comparing Exxon to EOG notes both benefit from oil >$85, but highlights valuation/dividend tradeoffs — useful for investors deciding between integrated vs. E&P exposure. ExxonMobil vs. EOG: The Better Bet as Oil Prices Stay Elevated
• Neutral Sentiment: Market view / buy‑the‑dip debate: investor guides weigh Exxon’s recent pullback from 52‑week highs as either a buying opportunity (dividend + integrated hedge) or a sign to reassess valuation; useful for tactical entry timing. ExxonMobil Is Off Its Highs. Is the Dip Worth Buying or a Sign to Stay Away?
• Neutral Sentiment: Investor commentary: pieces calling XOM “one of 2026’s hottest stocks” emphasize strong YTD gains but caution that other energy plays might outperform if oil normalizes. ExxonMobil Is One of 2026’s Hottest Stocks. Should You Still Own It?
• Negative Sentiment: Governance standoff: Exxon urged shareholders to vote against proposals to separate CEO/Chair roles and expand independent voting options — a public governance clash that can raise activist risk and weigh on sentiment. Does Exxon’s Governance Standoff Amid Middle East Turmoil Change The Bull Case For XOM?
• Negative Sentiment: Analyst downgrades / target trims: Wolfe downgraded XOM after the rally and TD Cowen trimmed its price target recently — signals some desks view recent gains as largely priced in, capping near‑term upside. ExxonMobil downgraded at Wolfe after recent rally leaves shares fairly valued

Insiders Place Their Bets

In other ExxonMobil 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 in the company, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 in the last quarter. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities research analysts recently issued reports on the company. UBS Group reiterated a “buy” rating and issued a $171.00 price objective on shares of ExxonMobil in a research report on Monday, February 2nd. Wolfe Research downgraded ExxonMobil from an “outperform” rating to a “peer perform” rating in a research report on Tuesday. Zacks Research upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reiterated a “hold (c+)” rating on shares of ExxonMobil in a research report on Friday, April 10th. Finally, JPMorgan Chase & Co. increased their price objective on ExxonMobil from $140.00 to $170.00 and gave the stock an “overweight” rating in a research report on Thursday, April 9th. One research analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating and eleven have issued a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and a consensus price target of $161.15.

ExxonMobil Trading Up 0.6%

NYSE XOM opened at $148.52 on Wednesday. The stock’s 50-day simple moving average is $154.85 and its two-hundred day simple moving average is $133.38. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $617.34 billion, a price-to-earnings ratio of 22.20, a PEG ratio of 0.86 and a beta of 0.29.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the business posted $1.67 earnings per share. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. Research analysts forecast that ExxonMobil Corporation will post 9.58 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. ExxonMobil’s dividend payout ratio (DPR) is presently 61.58%.

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.