Pictet Asset Management Holding SA Boosts Stake in ExxonMobil Corporation $XOM

by · The Cerbat Gem

Pictet Asset Management Holding SA lifted its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 5.2% during the 4th quarter, HoldingsChannel reports. The fund owned 1,720,727 shares of the oil and gas company’s stock after purchasing an additional 85,825 shares during the period. Pictet Asset Management Holding SA’s holdings in ExxonMobil were worth $207,073,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the company. Maryland State Retirement & Pension System raised its position in shares of ExxonMobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after purchasing an additional 5,573 shares during the last quarter. Capital Investment Advisors LLC raised its position in shares of ExxonMobil by 6.6% during the 4th quarter. Capital Investment Advisors LLC now owns 231,488 shares of the oil and gas company’s stock worth $27,857,000 after purchasing an additional 14,233 shares during the last quarter. New Age Alpha Advisors LLC boosted its stake in shares of ExxonMobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after acquiring an additional 8,853 shares during the last quarter. HORAN Wealth LLC boosted its stake in shares of ExxonMobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after acquiring an additional 5,788 shares during the last quarter. Finally, Krilogy Financial LLC boosted its stake in shares of ExxonMobil by 46.6% in the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock worth $3,997,000 after acquiring an additional 11,177 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Scotiabank raised its FY2026 and FY2027 EPS forecasts for ExxonMobil and keeps a “Sector Outperform” rating with a $163 target — a direct analyst upgrade supporting the stock’s upside. MarketBeat: ExxonMobil
  • Positive Sentiment: Broad crude strength and oil-trading gains at peers are lifting sentiment for majors: BP doubled Q1 profit on trading gains, a dynamic that helped push Exxon and Chevron shares higher as higher oil prices boost refinery and upstream margins. Exxon and Chevron Stock Jump
  • Positive Sentiment: Coverage noting that oil majors are signaling strength ahead of earnings — energy benchmarks are up sharply year‑to‑date, which increases the likelihood of stronger near‑term cash flow and dividends for integrated producers like Exxon. How Exxon and Other Oil Giants Are Coping
  • Neutral Sentiment: Oil markets are still sensitive to geopolitics and diplomacy — reports that the U.S. is weighing an Iran proposal have steadied prices, introducing event risk that could swing sentiment both ways. Oil Steadies as US Weighs Iran Proposal
  • Neutral Sentiment: Sector pieces highlighting Chevron as a potential buying opportunity after pullbacks may draw comparative attention and funds into or out of peers like Exxon depending on relative valuation and near‑term catalysts. The Crude Reality: Pullback Creates Opportunity
  • Negative Sentiment: Valuation and timing concerns: commentary asking whether it’s “too late” after a ~41% one‑year rally highlights investor worry that much upside may be priced in, and the stock’s recent 30‑day pullback signals increased short‑term volatility. Is It Too Late To Consider Exxon Mobil?

ExxonMobil Stock Up 2.7%

ExxonMobil stock opened at $154.66 on Thursday. ExxonMobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a 50 day moving average price of $154.91 and a 200 day moving average price of $134.79. The company has a market capitalization of $642.84 billion, a PE ratio of 23.12, a price-to-earnings-growth ratio of 0.71 and a beta of 0.29.

ExxonMobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. ExxonMobil 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 last year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. Research analysts expect that ExxonMobil Corporation will post 10.5 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date was Thursday, February 12th. ExxonMobil’s dividend payout ratio (DPR) is 61.58%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 1,080 shares of ExxonMobil stock in a transaction that occurred on Monday, March 16th. The shares were 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 owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Jefferies Financial Group lifted their price target on ExxonMobil from $178.00 to $184.00 and gave the stock a “buy” rating in a research note on Thursday, April 9th. Barclays increased their price objective on shares of ExxonMobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. Sanford C. Bernstein cut their price objective on shares of ExxonMobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. TD Cowen cut their price objective on shares of ExxonMobil from $175.00 to $172.00 and set a “buy” rating for the company in a report on Friday, April 10th. Finally, Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Tuesday, April 21st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and ten have issued a Hold rating to the stock. According to data from MarketBeat.com, ExxonMobil has a consensus rating of “Moderate Buy” and a consensus target price of $161.55.

Read Our Latest Stock Report on ExxonMobil

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.

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.

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