Cadence Bank Has $24.81 Million Stock Holdings in ExxonMobil Corporation $XOM
by Teresa Graham · The Cerbat GemCadence Bank trimmed its position in ExxonMobil Corporation (NYSE:XOM – Free Report) by 3.5% during the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 206,171 shares of the oil and gas company’s stock after selling 7,461 shares during the period. ExxonMobil makes up approximately 1.5% of Cadence Bank’s holdings, making the stock its 14th biggest holding. Cadence Bank’s holdings in ExxonMobil were worth $24,811,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of XOM. Midwest Capital Advisors LLC acquired a new stake in shares of ExxonMobil during the fourth quarter worth about $27,000. Key Capital Management INC acquired a new position in shares of ExxonMobil in the 4th quarter valued at approximately $28,000. Nvest Wealth Strategies Inc. bought a new stake in ExxonMobil during the 4th quarter worth approximately $32,000. DecisionPoint Financial LLC raised its holdings in ExxonMobil by 968.0% during the 4th quarter. DecisionPoint Financial LLC now owns 267 shares of the oil and gas company’s stock worth $32,000 after buying an additional 242 shares during the period. Finally, Westfuller Advisors LLC acquired a new stake in ExxonMobil during the 3rd quarter worth approximately $30,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
XOM has been the topic of a number of research reports. Bank of America lifted their price target on shares of ExxonMobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. Wolfe Research cut shares of ExxonMobil from an “outperform” rating to a “peer perform” rating in a report on Tuesday, April 21st. BNP Paribas Exane set a $165.00 price target on shares of ExxonMobil and gave the company a “neutral” rating in a report on Friday, April 17th. Finally, Citigroup upped their price target on shares of ExxonMobil from $150.00 to $175.00 and gave the company a “neutral” rating in a report on Thursday, April 2nd. One 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 company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $161.55.
Check Out Our Latest Stock Analysis on XOM
Insider Buying and Selling at ExxonMobil
In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred on 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 transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last three months, insiders have sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by company insiders.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Erste Group raised its FY2026 and FY2027 EPS forecasts materially, boosting near‑term earnings expectations and supporting valuation upside for XOM. Erste Group raises EPS estimates
- Positive Sentiment: Analyst upgrades and heavy share buybacks remain bullish catalysts — Scotiabank recently raised its price target and Exxon’s multi‑billion buyback program continues to reduce float and support EPS. Analyst revision and buybacks
- Neutral Sentiment: Q1 reporting logistics: Exxon will release its Q1 press release early May 1 with a CEO call — the print and management commentary on volumes, price realization and project progress will drive intraday moves. Earnings timing and preview
- Neutral Sentiment: Street estimates: Consensus previews (Zacks) expect Q1 EPS near $1.07 on roughly $81.5B revenue — but upstream price/volume swings could push results either way, so the beat/miss will matter more than the headline. Zacks Q1 preview
- Neutral Sentiment: Project activity: Subsea 7 announced a substantial EPCI award tied to ExxonMobil activity offshore Angola — indicates ongoing upstream investment but is more a contractor win than an immediate earnings boost for Exxon. Subsea 7 contract
- Negative Sentiment: Geopolitical risk: Analysts warn that the Strait of Hormuz conflict could have trimmed Q1 volumes/pricing and may weigh on revenue and refining margins — heightened volatility increases the chance of a guidance reset. Hormuz conflict impact
- Negative Sentiment: Lawsuit risk: A new New Mexico lawsuit alleges Exxon understated orphaned‑well remediation liabilities for hundreds of wells — an adverse ruling or increased reserve requirements could raise future costs and ESG/legal uncertainty. Orphaned well lawsuit
ExxonMobil Price Performance
Shares of XOM opened at $154.53 on Friday. The stock has a market capitalization of $642.29 billion, a P/E ratio of 23.10, a P/E/G ratio of 0.70 and a beta of 0.29. ExxonMobil Corporation has a twelve month low of $101.18 and a twelve month high of $176.41. The company has a 50 day moving average of $154.98 and a 200-day moving average of $134.93. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. ExxonMobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the business earned $1.67 EPS. As a group, equities research analysts forecast that ExxonMobil Corporation will post 11.18 EPS for the current fiscal year.
ExxonMobil Company 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.
Further Reading
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).