Momentous Wealth Management Inc. Sells 3,363 Shares of Exxon Mobil Corporation $XOM

Momentous Wealth Management Inc. decreased its holdings in Exxon Mobil Corporation (NYSE:XOM) by 53.6% in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 2,909 shares of the oil and gas company’s stock after selling 3,363 shares during the period. Exxon Mobil makes up about 0.2% of Momentous Wealth Management Inc.’s holdings, making the stock its 25th biggest holding. Momentous Wealth Management Inc.’s holdings in Exxon Mobil were worth $328,000 at the end of the most recent quarter.

A number of other large investors also recently added to or reduced their stakes in the business. Ipsen Advisor Group LLC increased its holdings in shares of Exxon Mobil by 1.6% in the third quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company’s stock worth $637,000 after buying an additional 88 shares during the period. Nexus Investment Management ULC grew its position in Exxon Mobil by 1.6% during the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock worth $653,000 after acquiring an additional 89 shares during the last quarter. Sagace Wealth Management LLC grew 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 last quarter. Creative Capital Management Investments LLC increased its stake in Exxon Mobil by 2.5% in 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 purchasing an additional 91 shares during the period. Finally, Tortoise Investment Management LLC lifted its position in Exxon Mobil by 2.4% in the third quarter. Tortoise Investment Management LLC now owns 3,900 shares of the oil and gas company’s stock valued at $440,000 after purchasing an additional 91 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.9%

Shares of Exxon Mobil stock traded up $1.39 during midday trading on Friday, reaching $154.92. 1,399,541 shares of the company’s stock traded hands, compared to its average volume of 20,963,051. The stock has a 50 day moving average of $141.31 and a 200-day moving average of $124.28. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $159.60. The company has a market cap of $645.50 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating 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 $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter in the previous year, the business posted $1.67 earnings per share. The firm’s revenue for the quarter was down 1.3% compared to the same quarter last year. As a group, equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction dated 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 sale, the vice president directly owned 18,204 shares in the company, valued at $2,872,955.28. This trade represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at this link. Insiders have sold 16,380 shares of company stock valued at $2,227,734 in the last ninety days. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on XOM shares. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Mizuho set a $140.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. Sanford C. Bernstein dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Barclays boosted their price objective on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Finally, Bank of America upped their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil presently has an average rating of “Hold” and an average target price of $146.00.

Key Exxon Mobil News

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

• Positive Sentiment: Brent and WTI have jumped (Brent above $100), driven by Middle East tensions; higher crude directly supports Exxon’s refining & upstream margins and revenue outlook. Oil holds above $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war
• Positive Sentiment: The EIA projects higher oil prices in 2026 and WTI topping $90, which supports Exxon’s Permian and Guyana production growth assumptions and long-term cash flow. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Piper Sandler raised its price target on XOM to $186 and moved to “overweight,” signaling institutional conviction in further upside tied to higher oil and Exxon’s growth plan. Piper Sandler raises XOM price target to $186 – Benzinga
• Positive Sentiment: Exxon reiterated an ambitious outlook (targeting ~13% EPS CAGR through 2030) and is positioning capital toward high-return Permian/Guyana barrels — supportive for long-term earnings growth. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
• Positive Sentiment: Global producers (e.g., Saudi Aramco) warn the Iran war could be “catastrophic” for supply — comments that push oil higher and benefit majors like Exxon. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
• Positive Sentiment: Operationally, Exxon has prepared a Gulf Coast fuel shipment to Australia, showing demand-driven commercial activity and diversified marketing avenues. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
• Neutral Sentiment: Analyses and stock screeners highlight Exxon’s dividend yield and large-market-cap stability; useful for income investors but less immediately price-moving than oil/analyst headlines. Exxon Mobil (XOM): Dividend Royalty With A $630B Market Cap | 2-Minute Analysis
• Neutral Sentiment: Coverage pieces ask if Exxon’s rally already reflects value; these frame investor caution but don’t change fundamentals immediately. Is Exxon Mobil (XOM) Still Attractive After Strong Five-Year Share Price Gains?
• Negative Sentiment: Political talk of tapping the U.S. Strategic Petroleum Reserve (SPR) to lower fuel costs could increase near-term supply and cap crude prices, a potential headwind for Exxon’s near-term margin tailwinds. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs

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.