Quadrant Capital Group LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 11.0% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 102,379 shares of the oil and gas company’s stock after selling 12,632 shares during the quarter. Quadrant Capital Group LLC’s holdings in Exxon Mobil were worth $11,543,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds also recently made changes to their positions in the company. Ipsen Advisor Group LLC lifted its stake in Exxon Mobil by 1.6% during the third quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company’s stock worth $637,000 after purchasing an additional 88 shares during the last quarter. Nexus Investment Management ULC increased its stake in shares of Exxon Mobil by 1.6% in the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock valued at $653,000 after purchasing an additional 89 shares during the last quarter. Sagace Wealth Management LLC raised its holdings in shares of 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 buying an additional 90 shares in the last quarter. Creative Capital Management Investments LLC raised its holdings in shares of Exxon Mobil by 2.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock worth $417,000 after buying an additional 91 shares in the last quarter. Finally, Capstone Wealth Management LLC lifted its position in shares of Exxon Mobil by 3.8% during the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock worth $285,000 after buying an additional 92 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Price Performance
Exxon Mobil stock opened at $148.08 on Wednesday. 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 company has a market capitalization of $617.01 billion, a PE ratio of 22.13, a P/E/G ratio of 1.23 and a beta of 0.35. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $159.60. The stock has a 50-day moving average price of $140.03 and a two-hundred day moving average price of $123.88.
Exxon Mobil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.
Insiders Place Their Bets
In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the completion of the transaction, the vice president directly owned 18,204 shares in the company, valued at approximately $2,872,955.28. This represents a 10.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders have sold 16,380 shares of company stock worth $2,227,734. Insiders own 0.03% of the company’s stock.
Analyst Upgrades and Downgrades
XOM has been the topic of several research analyst reports. Bank of America raised their price objective on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Morgan Stanley dropped their target price on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Royal Bank Of Canada lifted their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Finally, UBS Group reiterated a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a research report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $143.41.
Check Out Our Latest Analysis on Exxon Mobil
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Board recommends redomiciling from New Jersey to Texas — management says the move aligns legal domicile with HQ, could give Exxon a more business‑friendly corporate environment and strengthen defenses vs. activists, which investors view as governance positive. ExxonMobil Board Unanimously Recommends Redomiciling the Company from New Jersey to Texas
- Positive Sentiment: Higher oil prices and low‑cost Permian/Guyana production supporting margins — analysts note WTI near $90–$100 raises cash flow to fund projects and buybacks, bolstering Exxon’s longer‑term earnings potential. Is ExxonMobil Poised to Gain From Current Elevation in Crude Prices?
- Positive Sentiment: Operational agility — Exxon began shipping gasoline from the U.S. Gulf Coast to Australia and is weighing a return to Venezuela, actions that show flexibility to capture margins amid global supply disruption. Exxon Mobil Shifts Supply Routes As Investors Weigh Valuation And Growth
- Positive Sentiment: Large drop in short interest in February — short positions fell ~18.8% to ~48.4M shares, reducing immediate short‑squeeze risk and potentially removing a source of selling pressure. (Short interest data entry)
- Positive Sentiment: Analyst support and raised targets — brokers have kept favorable stances (UBS buy maintained; BofA lifted a price target), giving institutional endorsement for the rally’s continuation. Exxon Mobil: Buy Rating on Undervalued Recovery in Chemicals
- Neutral Sentiment: Surge in options activity — elevated options volume points to heavy positioning/speculation around XOM, which can amplify intraday moves but is ambiguous for direction. Spotlight on Exxon Mobil: Analyzing the Surge in Options Activity
- Negative Sentiment: Short‑term pullback from oil easing — oil prices fell after comments raising hopes of de‑escalation, triggering sector rotation and profit‑taking after XOM’s ~40% rally; that drag and broader energy weakness are pressuring the stock today. Oil Prices Dive as Trump Gives Hope on Iran War. These Big Risks Remain for Crude.
- Negative Sentiment: Sector/market headwinds and sentiment cooling — energy ETF and sector indexes slipped and retail sentiment on social platforms has cooled from February peaks, contributing to near‑term selling pressure despite solid fundamentals. Sector Update: Energy Stocks Decline Tuesday Afternoon
Exxon Mobil Company 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.
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