OneAscent Financial Services LLC trimmed its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 35.1% during the third quarter, Holdings Channel.com reports. The institutional investor owned 12,185 shares of the oil and gas company’s stock after selling 6,593 shares during the period. OneAscent Financial Services LLC’s holdings in Exxon Mobil were worth $1,374,000 as of its most recent SEC filing.
A number of other large investors have also recently added to or reduced their stakes in XOM. Norges Bank acquired a new stake in Exxon Mobil in the 2nd quarter valued at about $6,163,719,000. First Trust Advisors LP lifted its position in shares of Exxon Mobil by 150.2% in the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the last quarter. Cerity Partners LLC boosted its stake in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after acquiring an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC boosted its stake in shares of Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after acquiring an additional 3,066,736 shares during the period. Finally, Mizuho Markets Cayman LP acquired a new position in shares of Exxon Mobil during the 2nd quarter worth approximately $144,147,000. Institutional investors and hedge funds own 61.80% of the company’s stock.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: JPMorgan raised its price target on XOM by $9, providing a direct analyst-driven valuation bump that can support upside and investor confidence. Exxon Mobil (XOM) Price Target Raised by $9 at JPMorgan
- Positive Sentiment: DBS initiated/returned a Buy on XOM, adding another positive analyst endorsement that can drive flows into the stock. Exxon Mobil (XOM) Receives a Buy from DBS
- Positive Sentiment: Exxon broke ground on a Baytown refinery project to expand diesel and lubricant base-stock capacity — a capital allocation move that supports downstream margin expansion and longer-term earnings resilience. Exxon Mobil breaks ground on Baytown refinery project for diesel and lubricant base stocks
- Positive Sentiment: Zacks and other notes flag that Exxon has the mix of factors likely to produce an earnings beat in the upcoming quarterly release — expectations that tend to lift the stock into reporting. Exxon Mobil (XOM) Expected to Beat Earnings Estimates: Should You Buy?
- Neutral Sentiment: Exxon is scheduled to post quarterly results on Friday — the timing concentrates focus and volatility around the print. Exxon Mobil (XOM) Projected to Post Quarterly Earnings on Friday
- Neutral Sentiment: TV mentions (CNBC) and broader media coverage are giving XOM visibility; such coverage can amplify short-term flows but is not a fundamental driver. Kimberly Clark, S&P Global, Exxon Mobil And A Health Care Stock On CNBC’s ‘Final Trades’
- Neutral Sentiment: Analysts remain mixed on energy names, with some preferring fee‑based midstream peers (EPD) for stability — a comparative view that can temper multiple expansion for major integrated oil names like Exxon. ExxonMobil vs. EPD: Which Energy Stock Boasts Better Prospects?
- Negative Sentiment: Macro/geopolitical noise and softer crude prices remain risk factors; market skittishness from macro headlines can pressure energy equities despite company-level positives. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead
- Negative Sentiment: Some analyst pieces highlight that softer oil (near $60) still exposes Exxon’s upstream results; weaker commodity realizations could cap near‑term upside. How Exxon Mobil’s Integrated Strengths Offset Crude Price Weakness
Insider Activity
Exxon Mobil Price Performance
Shares of Exxon Mobil stock opened at $134.93 on Monday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The stock has a market capitalization of $569.03 billion, a price-to-earnings ratio of 19.61, a price-to-earnings-growth ratio of 8.62 and a beta of 0.37. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $135.98. The company has a 50-day simple moving average of $120.74 and a two-hundred day simple moving average of $115.29.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, topping the consensus estimate of $1.72 by $0.16. The company had revenue of $83.33 billion for the quarter, compared to analysts’ expectations of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same period last year, the firm earned $1.92 earnings per share. Analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.1%. The ex-dividend date was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is currently 59.88%.
Analysts Set New Price Targets
XOM has been the subject of a number of research analyst reports. Wells Fargo & Company lifted their price objective on shares of Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research report on Thursday, December 11th. Barclays raised their target price on shares of Exxon Mobil from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Exxon Mobil presently has an average rating of “Moderate Buy” and an average target price of $131.84.
Check Out Our Latest Stock Analysis on Exxon Mobil
About Exxon Mobil
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.
Recommended Stories
- Five stocks we like better than Exxon Mobil
- Buy This Stock at 9:30 AM on MONDAY!
- What Expenses Can Be Deducted From Capital Gains Tax?
- Trump Planning to Use Public Law 63-43: Prepare Now
- A U.S. “birthright” claim worth trillions – activated quietly
- This stock gets a 94 out of 100
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
