Exxon Mobil Corporation $XOM Shares Sold by Spire Wealth Management

Spire Wealth Management decreased its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 52.7% during the third quarter, HoldingsChannel reports. The firm owned 38,873 shares of the oil and gas company’s stock after selling 43,368 shares during the quarter. Spire Wealth Management’s holdings in Exxon Mobil were worth $4,383,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also made changes to their positions in the company. Axis Wealth Partners LLC increased its position in shares of Exxon Mobil by 1.8% in the 2nd quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock valued at $545,000 after acquiring an additional 90 shares during the period. Sagace Wealth Management LLC lifted its position in Exxon Mobil by 2.7% during the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after acquiring an additional 90 shares during the period. Park Edge Advisors LLC grew its stake in Exxon Mobil by 0.3% during the 2nd quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company’s stock valued at $3,453,000 after purchasing an additional 91 shares during the last quarter. Willow Creek Wealth Management Inc. increased its holdings in shares of Exxon Mobil by 3.6% in the second quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock valued at $285,000 after purchasing an additional 91 shares during the period. Finally, Capstone Wealth Management LLC raised its stake in shares of Exxon Mobil by 3.8% in the third quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock worth $285,000 after purchasing an additional 92 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities research analysts recently commented on the company. Piper Sandler dropped their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research report on Thursday. Mizuho upped their price objective on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a report on Friday, December 12th. Wells Fargo & Company increased their price objective on shares of Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Bank of America decreased their target price on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, December 11th. Finally, Morgan Stanley increased their price target on Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and a consensus price target of $129.71.

Exxon Mobil Stock Performance

XOM opened at $124.60 on Friday. The firm has a fifty day moving average price of $118.05 and a 200 day moving average price of $113.87. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $125.93. The stock has a market cap of $525.44 billion, a P/E ratio of 18.11, a P/E/G ratio of 7.57 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a dividend yield of 3.3%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

Exxon Mobil News Summary

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

• Positive Sentiment: U.S. push on Venezuela raises the prospect of new upstream opportunities for major oil names, and media/market commentary (including Jim Cramer) has highlighted Exxon as a potential beneficiary—supporting upside investor sentiment. Jim Cramer discusses Exxon (XOM) & Venezuela operation
• Positive Sentiment: Exxon signed a Memorandum of Understanding with Turkey’s national oil company to explore untapped Black Sea and Mediterranean acreage—a near‑term growth/production prospect that investors view positively. ExxonMobil Enters Exploration MoU With Turkey’s National Oil Company
• Positive Sentiment: Analyst commentary notes Exxon’s strong history of earnings beats and the company’s mix of upstream/refining businesses that can produce upside surprises—supporting expectations for another solid report. Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Coverage highlights Exxon’s integrated model—refining and marketing gains can offset upstream weakness—reducing earnings volatility but limiting upside tied solely to crude prices. XOM’s Integrated Business Model Shields Earnings Amid Lower Oil Prices
• Neutral Sentiment: Analyst and media pieces also highlight Exxon’s low‑carbon projects (CCS, hydrogen, lithium) and durable dividend profile—longer‑term positives but less likely to move near‑term price action. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
• Negative Sentiment: Exxon warned that lower liquids/crude prices could cut fourth‑quarter upstream profit by roughly $800M–$1.2B versus Q3—an explicit near‑term earnings headwind that pressured the stock on earlier headlines. Exxon signals fall in fourth-quarter upstream profit
• Negative Sentiment: Multiple outlets repeated the warning (and at least one analyst downgrade followed), keeping downside risk if oil prices remain weak into the quarter close. Exxon Mobil Tells Investors Falling Oil Prices Will Dent Profits

Exxon Mobil Profile

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.