M&G PLC Decreases Holdings in Exxon Mobil Corporation $XOM

M&G PLC reduced its position in Exxon Mobil Corporation (NYSE:XOM) by 58.4% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 48,628 shares of the oil and gas company’s stock after selling 68,396 shares during the quarter. M&G PLC’s holdings in Exxon Mobil were worth $5,495,000 at the end of the most recent reporting period.

A number of other large investors have also made changes to their positions in the business. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at approximately $30,000. Bare Financial Services Inc increased its stake in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 201 shares in the last quarter. Clayton Financial Group LLC acquired a new position in Exxon Mobil during the 3rd quarter valued at approximately $40,000. TruNorth Capital Management LLC raised its holdings in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after buying an additional 181 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

XOM has been the topic of several research reports. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Wells Fargo & Company cut their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Citigroup raised their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Bank of America upped their target price on Exxon Mobil from $129.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Finally, Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $140.59.

More Exxon Mobil News

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

• Positive Sentiment: Exxon says it is accelerating plans to develop natural gas in Guyana, which could meaningfully expand long‑term production, LNG/gas optionality and upstream cash flow if execution stays on schedule. Exxon committed to moving fast to develop gas in Guyana, executive says
• Positive Sentiment: Bernstein reaffirmed its buy rating on XOM, a vote of confidence from a well‑followed house that can support investor sentiment and limit downside from negative news. Bernstein Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Scotiabank expresses a constructive view on Exxon’s FY2026 earnings outlook, suggesting upside to consensus estimates that could support the stock if results/guide beat expectations. Scotiabank Has Positive View of Exxon Mobil FY2026 Earnings
• Neutral Sentiment: Options market activity shows notable positioning around near‑term strikes — indicating hedging and some speculative flows, but not a clear directional trade; could increase short‑term volatility without signaling a sustained move. What the Options Market Tells Us About Exxon Mobil
• Neutral Sentiment: Analyst coverage highlights mixed valuation signals — some metrics point to attractive yield/earnings power while longer‑term return projections look muted, making valuation a split case for new buyers. Assessing Exxon Mobil (XOM) Valuation As Mixed Signals Emerge On Long Term Returns
• Neutral Sentiment: Management access: Exxon will be represented at the Morgan Stanley Energy & Power Conference (March 3). The event could provide fresh guidance or clarification on strategy — a potential catalyst depending on commentary. ExxonMobil to Speak at Morgan Stanley Energy & Power Conference
• Neutral Sentiment: Elevated retail/investor attention (Zacks coverage and media mention) can increase intraday volume and swings, but doesn’t on its own dictate fundamentals. Exxon Mobil Corporation (XOM) is Attracting Investor Attention
• Neutral Sentiment: Broader retail articles on income stocks mention the sector’s appeal; these can support longer‑term investor interest in integrated oil names but are not a direct near‑term catalyst. Want Decades of Passive Income? 3 Stocks to Buy Right Now
• Negative Sentiment: The Federal Court of Australia fined Mobil Oil Australia A$16 million (~$11.3M) for misleading fuel claims — a reputational and modest financial hit that adds regulatory/legal risk in regional markets. Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
• Negative Sentiment: Street target updates show some analysts trimming price targets (example: ~$140.6 target), which sits below recent trading levels and may cap near‑term upside or contribute to downward pressure. Brokerages Set Exxon Mobil Corporation (NYSE:XOM) Target Price at $140.59

Exxon Mobil Stock Down 1.6%

XOM stock opened at $146.01 on Wednesday. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $156.93. 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’s fifty day moving average is $130.47 and its 200 day moving average is $119.33. The firm has a market cap of $615.75 billion, a PE ratio of 21.83, a P/E/G ratio of 15.40 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the company posted $1.67 EPS. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be given a $1.03 dividend. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. Exxon Mobil’s payout ratio is 61.58%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the sale, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last three months, insiders sold 14,230 shares of company stock worth $1,888,421. Corporate insiders own 0.03% of the company’s stock.

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.