Exxon Mobil Corporation $XOM Shares Purchased by Perigon Wealth Management LLC

Perigon Wealth Management LLC boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 8.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 138,546 shares of the oil and gas company’s stock after purchasing an additional 10,479 shares during the period. Perigon Wealth Management LLC’s holdings in Exxon Mobil were worth $16,673,000 at the end of the most recent reporting period.

Other institutional investors have also recently added to or reduced their stakes in the company. Northern Trust Corp lifted its stake in shares of Exxon Mobil 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 acquiring an additional 445,283 shares in the last quarter. Franklin Resources Inc. grew its stake in Exxon Mobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after purchasing an additional 2,660,910 shares in the last quarter. Capital Research Global Investors increased its holdings in Exxon Mobil by 0.4% during the 3rd 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 purchasing an additional 127,466 shares during the last quarter. Fisher Asset Management LLC increased its holdings in Exxon Mobil by 1.1% during the 3rd 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 purchasing an additional 340,785 shares during the last quarter. Finally, Legal & General Group Plc raised its position in shares of Exxon Mobil by 4.5% in the 3rd quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock valued at $2,299,687,000 after purchasing an additional 886,087 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently commented on XOM shares. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Barclays upped their price target on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Scotiabank upgraded shares of Exxon Mobil to a “strong-buy” rating in a research note on Friday, March 27th. Royal Bank Of Canada raised their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Finally, Sanford C. Bernstein cut their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average target price of $152.39.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Citi and other analysts have raised forecasts/targets for XOM, signaling stronger analyst conviction and supporting upside momentum. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Exxon’s Golden Pass LNG JV is slated to supply Italy from June, a commercial win that supports near-term LNG volumes and cash flow visibility. Exclusive: Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Positive Sentiment: Energy led Q1 performance as oil rallied on Middle East tensions, lifting sector earnings outlook and keeping investor interest in majors like Exxon. Energy Dominated Q1 2026 As The Broader Market Stumbled
• Neutral Sentiment: Wall Street debate: some outlets updated Exxon’s fair value higher (reflecting oil assumptions), but the revisions show the upside is now more dependent on sustained high oil prices. How The ExxonMobil (XOM) Investment Story Is Shifting With Oil Prices And Cash Return Debates
• Neutral Sentiment: Consensus analyst stance remains largely cautious-to-neutral (average “Hold”), limiting the force of upgrades unless guidance or macro factors change materially. Exxon Mobil Corporation (NYSE:XOM) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Barron’s argues oil stocks look “tapped out” — crude pop hasn’t translated to proportional gains in oil equities, implying limited additional upside and greater vulnerability to profit-taking. Oil Stocks Look Tapped Out. Why It’s Time to Move Into Other Sectors.
• Negative Sentiment: Earlier intraday volatility and reports of energy-stock routs show Exxon can pull back quickly if oil prices retrace or geopolitical risk premia fade. Exxon leads energy stock rout, on pace for biggest drop in a year

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, 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 position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last ninety days, insiders have sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $160.63 on Monday. 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 company has a market capitalization of $669.31 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41. The business has a 50 day simple moving average of $152.53 and a 200-day simple moving average of $130.05.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the previous year, the company posted $1.67 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. Exxon Mobil’s payout ratio is 61.58%.

About Exxon Mobil

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.