Brighton Jones LLC Boosts Position in ExxonMobil Corporation $XOM

Brighton Jones LLC lifted its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 4.4% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 139,052 shares of the oil and gas company’s stock after acquiring an additional 5,904 shares during the period. ExxonMobil accounts for approximately 0.6% of Brighton Jones LLC’s portfolio, making the stock its 26th biggest position. Brighton Jones LLC’s holdings in ExxonMobil were worth $16,733,000 at the end of the most recent reporting period.

Several other institutional investors have also modified their holdings of the stock. Legacy Advisors LLC raised its holdings in shares of ExxonMobil by 6.0% during the 4th quarter. Legacy Advisors LLC now owns 18,565 shares of the oil and gas company’s stock worth $2,234,000 after acquiring an additional 1,049 shares during the period. DSG Capital Advisors LLC increased its stake in ExxonMobil by 3.2% during the fourth quarter. DSG Capital Advisors LLC now owns 15,993 shares of the oil and gas company’s stock worth $2,065,000 after acquiring an additional 493 shares during the last quarter. Richards Merrill & Peterson Inc. increased its stake in ExxonMobil by 31.2% during the fourth quarter. Richards Merrill & Peterson Inc. now owns 19,175 shares of the oil and gas company’s stock worth $2,308,000 after acquiring an additional 4,564 shares during the last quarter. Summit Financial Wealth Advisors LLC increased its stake in ExxonMobil by 0.7% during the fourth quarter. Summit Financial Wealth Advisors LLC now owns 51,243 shares of the oil and gas company’s stock worth $6,167,000 after acquiring an additional 346 shares during the last quarter. Finally, Retirement Income Solutions Inc. increased its stake in ExxonMobil by 6.5% during the fourth quarter. Retirement Income Solutions Inc. now owns 3,133 shares of the oil and gas company’s stock worth $377,000 after acquiring an additional 192 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Insider Buying and Selling at ExxonMobil

In other news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. The trade was a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Insiders sold 11,460 shares of company stock valued at $1,687,854 over the last ninety days. Insiders own 0.03% of the company’s stock.

ExxonMobil Trading Up 0.7%

Shares of NYSE XOM opened at $150.61 on Friday. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a fifty day simple moving average of $154.74 and a 200-day simple moving average of $133.61. The stock has a market capitalization of $626.01 billion, a PE ratio of 22.51, a PEG ratio of 0.76 and a beta of 0.29.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data 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 during the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The company’s revenue was down 1.3% on a year-over-year basis. On average, equities analysts forecast that ExxonMobil Corporation will post 9.94 earnings per share for the current year.

ExxonMobil Dividend Announcement

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

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Golden Pass LNG begins exports — Exxon and QatarEnergy shipped the first LNG cargo from the Golden Pass export terminal in Texas, marking the start of commercial exports from a ~18.1 mtpa, three‑train facility and supporting long‑term LNG revenue growth and market share in U.S. gas exports. Read More.
• Positive Sentiment: Guyana Longtail work advances — ExxonMobil awarded Saipem a $150M contract to advance preliminary detailed engineering and procurement for the Longtail development in Guyana, indicating continued capex deployment and near‑term production growth from a high‑return basin. Read More.
• Positive Sentiment: Analyst upgrades and price‑target lift — Zacks upgraded XOM to a “strong‑buy” and Scotiabank raised its price target to $163 (sector outperform), improving sentiment and potentially attracting more buy‑side interest. Read More. Read More.
• Positive Sentiment: Plastics pricing tailwind — Exxon is among firms hiking plastics prices amid supply shocks tied to geopolitical tensions; higher downstream pricing can boost margins and cash flow in the chemicals business. Read More.
• Positive Sentiment: Potential new upstream contracts in Gabon — Gabon expects to sign production‑sharing contracts with BP and Exxon within months, signaling more exploration/development upside in Africa if deals close. Read More.
• Neutral Sentiment: Possible Hong Kong retail sale — Reports say Exxon is considering selling its Hong Kong gas‑station network for roughly $500–$600M; proceeds would be modest versus company scale but could reflect portfolio optimization. Read More.
• Neutral Sentiment: Featured in investor idea pieces — XOM appears in “high‑flying” and income‑focused writeups and options income strategies; these can boost retail interest but are not fundamental catalysts. Read More.

Wall Street Analyst Weigh In

Several research firms have issued reports on XOM. Sanford C. Bernstein cut their target price on ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. TD Cowen cut their target price on ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a research note on Friday, April 10th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 target price on shares of ExxonMobil in a research note on Wednesday, February 4th. UBS Group reissued a “buy” rating and set a $171.00 target price on shares of ExxonMobil in a research note on Monday, February 2nd. Finally, HSBC raised their target price on ExxonMobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research note on Friday, March 20th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and ten have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $161.55.

ExxonMobil Profile

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.