Korea Investment CORP Sells 21,132 Shares of Exxon Mobil Corporation $XOM

Korea Investment CORP cut its holdings in Exxon Mobil Corporation (NYSE:XOM) by 0.6% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The fund owned 3,238,080 shares of the oil and gas company’s stock after selling 21,132 shares during the period. Exxon Mobil comprises approximately 0.8% of Korea Investment CORP’s investment portfolio, making the stock its 18th biggest holding. Korea Investment CORP owned approximately 0.08% of Exxon Mobil worth $365,094,000 at the end of the most recent quarter.

Several other large investors have also added to or reduced their stakes in XOM. Grantham Mayo Van Otterloo & Co. LLC increased its stake in Exxon Mobil by 9.0% in the 3rd quarter. Grantham Mayo Van Otterloo & Co. LLC now owns 410,046 shares of the oil and gas company’s stock valued at $46,233,000 after buying an additional 33,950 shares during the last quarter. Ameriflex Group Inc. raised its holdings in Exxon Mobil by 105.2% during the third quarter. Ameriflex Group Inc. now owns 14,089 shares of the oil and gas company’s stock worth $1,589,000 after acquiring an additional 7,224 shares in the last quarter. Hibernia Wealth Partners LLC boosted its position in Exxon Mobil by 68.0% during the third quarter. Hibernia Wealth Partners LLC now owns 5,988 shares of the oil and gas company’s stock valued at $675,000 after purchasing an additional 2,423 shares during the last quarter. Modern Wealth Management LLC increased its position in shares of Exxon Mobil by 1.6% during the 3rd quarter. Modern Wealth Management LLC now owns 118,773 shares of the oil and gas company’s stock worth $13,392,000 after purchasing an additional 1,893 shares during the last quarter. Finally, Entrewealth LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter worth approximately $542,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Global oil prices have surged above $90/bbl on escalating Middle East tensions and supply cuts, lifting integrated producers’ near‑term cash flow prospects and benefiting XOM. Oil Prices Soar Past $90
• Positive Sentiment: Exxon is actively rerouting fuel and arranging shipments from the U.S. Gulf Coast (including a planned ~600k‑barrel gasoline shipment to Australia), showing operational flexibility to capture higher margins amid regional chokepoints. Exxon Mobil Reroutes Fuel And Revisits Venezuela
• Positive Sentiment: Exxon’s low‑cost growth assets (Permian and Guyana) and low breakeven production profile underpin a stronger medium‑term earnings outlook and justify investor interest during an oil upswing. Key Upstream Assets Fueling ExxonMobil’s Long-Term Outlook
• Positive Sentiment: Some sell‑side support remains—Bernstein reiterated a buy rating—providing institutional endorsement that can sustain investor demand. Bernstein Sticks to Its Buy Rating for Exxon Mobil
• Neutral Sentiment: Macro flows into dividend‑oriented trades (the “HALO” theme and dividend ETFs) are benefiting large, low‑obsolescence names like Exxon as investors seek yield and capital preservation. Investors Are Piling Into the ‘HALO’ Trade
• Neutral Sentiment: Technical analysis pieces warn oil stocks could see short‑term pullbacks after big moves, which raises the risk of volatility despite strong fundamentals. Are Oil Stocks Due for a Drop?
• Negative Sentiment: Insider selling reports have weighed on sentiment and coincided with short‑term weakness in the stock, creating near‑term selling pressure that can temper gains. Exxon Mobil Trading Down After Insider Selling
• Negative Sentiment: Governance changes—including director Jeffrey Ubben not standing for re‑election—add a degree of uncertainty around board composition and investor activism narratives. What Exxon Mobil’s Board Shift and Supply Rerouting Means
• Neutral Sentiment: Broader market noise (ETF/futures moves, an NYSE fine story) is influencing intraday flows but is not specific to Exxon’s fundamentals. NYSE fined $9 million by SEC

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last quarter, insiders have sold 16,380 shares of company stock worth $2,227,734. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM opened at $151.31 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $138.89 and a 200 day simple moving average of $123.22. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60. The stock has a market cap of $630.47 billion, a P/E ratio of 22.62, a PEG ratio of 1.24 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company 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 earnings per share. The company’s revenue was down 1.3% on a year-over-year basis. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Analyst Ratings Changes

Several equities research analysts have recently commented on XOM shares. Citigroup increased their price objective on Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Mizuho set a $140.00 price target on shares of Exxon Mobil in a research note on Wednesday, February 4th. Wells Fargo & Company decreased their price objective on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Finally, Loop Capital set a $123.00 target price on shares of Exxon Mobil in a research note on Tuesday, February 3rd. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus target price of $143.41.

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.