ExxonMobil Corporation $XOM Shares Sold by Wealthstar Advisors LLC

01 May 2026, 09:52 by Jessica Moore · The Cerbat Gem

Wealthstar Advisors LLC lessened its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 71.0% in the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 2,214 shares of the oil and gas company’s stock after selling 5,408 shares during the quarter. Wealthstar Advisors LLC’s holdings in ExxonMobil were worth $266,000 as of its most recent SEC filing.

A number of other large investors also recently bought and sold shares of the business. Northern Trust Corp raised its holdings in ExxonMobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after purchasing an additional 445,283 shares during the period. Franklin Resources Inc. raised its holdings in ExxonMobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Capital Research Global Investors raised its holdings in ExxonMobil by 0.4% in 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 period. Fisher Asset Management LLC raised its holdings in ExxonMobil by 1.1% in 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 period. Finally, Legal & General Group Plc raised its holdings in shares of ExxonMobil by 4.5% during the third 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 acquiring an additional 886,087 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

ExxonMobil Price Performance

XOM stock opened at $154.53 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The business has a 50 day simple moving average of $154.98 and a 200-day simple moving average of $134.93. The firm has a market capitalization of $642.29 billion, a PE ratio of 23.10, a price-to-earnings-growth ratio of 0.70 and a beta of 0.29. ExxonMobil Corporation has a 1 year low of $101.18 and a 1 year high of $176.41.

ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. ExxonMobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the business earned $1.67 earnings per share. Equities research analysts anticipate that ExxonMobil Corporation will post 11.18 earnings per share for the current fiscal year.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Higher oil prices provide a clear revenue tailwind for ExxonMobil’s upstream and refining businesses, helping offset some operational disruption from the Iran conflict. Buy This ETF if You Want to Benefit From High Oil Prices Without Wild Swings
Positive Sentiment: Brent and WTI spikes (Brent near $117 in late April) strengthen Exxon’s pricing environment and longer‑term cash flow potential for 2026. Brent Crude Spikes to $117 on Iran Military Option Reports
Positive Sentiment: Analysts and brokers have raised forward earnings estimates and price targets recently (Erste Group raised FY2026/FY2027 EPS; some targets around $161), supporting a constructive medium‑term outlook. Analysts Set ExxonMobil Corporation (NYSE:XOM) Price Target at $161.55
Positive Sentiment: Exxon awarded a substantial subsea EPCI contract offshore Angola (Likembe Redevelopment 2.0), widening its deepwater project pipeline and long‑cycle production exposure. Exxon Mobil’s Angola Subsea Deal And What It Means For Long Cycle Growth
Neutral Sentiment: Wall Street moved expectations ahead of the Q1 release, with some firms revising models; this created mixed pre‑earnings positioning that amplified volatility around the print. Top Wall Street Forecasters Revamp Exxon Mobil Expectations Ahead Of Q1 Earnings
Negative Sentiment: Q1 results: Exxon beat adjusted EPS estimates but reported its lowest unadjusted profit in five years — disruption from the Iran war cut production and shipment flows, and derivatives/hedging timing caused a sizable negative accounting hit. These factors create near‑term earnings volatility. Exxon beats first-quarter earnings estimate despite hit from Iran conflict
Negative Sentiment: Coverage noting “accounting issues” and hedge timing risk heightens uncertainty around reported results and raises the chance of further downside surprises to GAAP earnings. Exxon Mobil and Chevron earnings fall as Iran war disrupts oil shipments
Negative Sentiment: Legal and remediation risk: a lawsuit over orphaned well cleanup accounting and ongoing scrutiny of retirement obligations could pressure sentiment if liabilities or reserves need revision. Exxon Mobil Lawsuit Tests Orphaned Well Accounting And ESG Risk Perceptions

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of research analyst reports. Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Barclays increased their target price on ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Mizuho increased their target price on ExxonMobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. HSBC increased their target price on ExxonMobil from $135.00 to $158.00 and gave the company a “hold” rating in a report on Friday, March 20th. Finally, Wells Fargo & Company increased their target price on ExxonMobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, April 9th. One equities research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating and ten have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $161.55.

View Our Latest Analysis on XOM

Insider Activity

In other news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction that occurred 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 in the company, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 11,460 shares of company stock valued at $1,687,854 in the last ninety days. 0.03% of the stock is owned by corporate insiders.

ExxonMobil Profile

(Free Report)

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.