Key Takeaways Wellspring Financial Advisors expanded its XOM holdings by 92% during Q4, purchasing an additional 13,125 shares valued at approximately $3.3 million Shares of XOM traded at $15
Shares of ExxonMobil (XOM) began trading at $150.72 on Thursday, registering a 1.2% increase, as substantial institutional accumulation during the fourth quarter continues to support the stock.
Wellspring Financial Advisors LLC made one of the most significant moves, expanding its XOM holdings by 92% in the fourth quarter. The investment firm acquired 13,125 additional shares, increasing its total stake to 27,389 shares with an estimated value of $3.3 million.
Multiple other investment firms initiated fresh positions during the same period. Berbice Capital Management, Midwest Capital Advisors, Key Capital Management, and Nvest Wealth Strategies each established new XOM stakes during the quarter, with holdings ranging from $26,000 to $32,000. Meanwhile, E Fund Management Hong Kong dramatically increased its position by 456%, albeit from a modest starting point.
Institutional holders currently control 61.8% of ExxonMobil’s total shares outstanding.
This institutional accumulation follows an impressive first-quarter earnings performance. The energy giant delivered earnings per share of $1.16 for the period, surpassing the Wall Street consensus of $0.98 by $0.18. Quarterly revenue reached $83.16 billion, exceeding analyst projections of $81.13 billion.
Year-over-year revenue climbed 2.4% compared to the corresponding quarter in the prior year. While this represents a decline from the $1.76 EPS figure reported in Q1 2025, the company’s ability to exceed expectations on both revenue and earnings metrics provided positive momentum.
The company’s return on equity measured 10.24% with a net margin of 7.57% during the quarter. Wall Street analysts are currently projecting full-year earnings per share of $11.66.
ExxonMobil distributed a quarterly dividend of $1.03 per share on June 10th to investors on record as of May 15th. This translates to an annual dividend of $4.12, delivering a 2.7% yield based on the current share price. The company’s payout ratio stands at 69.48%.
The corporation maintains a solid financial foundation. Its debt-to-equity ratio registers at 0.13, with a current ratio of 1.04, while the 200-day moving average sits at $142.12. The stock has traded within a 52-week band between $105.53 and $176.41.
Jefferies upgraded its price objective on XOM from $178 to $184 in April while maintaining its Buy recommendation. Citigroup increased its target from $150 to $175, accompanied by a Neutral stance. TD Cowen made a modest downward adjustment from $175 to $172 while retaining its Buy rating. Royal Bank of Canada reaffirmed its Sector Perform rating with a $180 price target.
In aggregate, 10 Wall Street analysts assign XOM a Buy rating while 11 recommend holding shares. The mean price target across all analysts is $165.55.
On the business development front, ExxonMobil successfully obtained the Coral Norte LNG contract in Mozambique, expanding its liquefied natural gas portfolio. The corporation also disclosed $4.67 billion in earnings from its Guyana operations during 2025.
The energy sector as a whole has demonstrated strength. The Energy Select Sector ETF (XLE) has advanced 29% on a year-to-date basis.
Vice President Darrin L. Talley divested 1,080 shares in March at $155.50 per share, generating proceeds of $167,940. Following this transaction, he continues to hold 17,124 shares.
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