Integrated Wealth Concepts LLC Acquires 10,943 Shares of Exxon Mobil Corporation $XOM

Integrated Wealth Concepts LLC raised its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 4.2% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 271,767 shares of the oil and gas company’s stock after purchasing an additional 10,943 shares during the period. Integrated Wealth Concepts LLC’s holdings in Exxon Mobil were worth $30,642,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new stake in shares of Exxon Mobil in the second quarter valued at $6,163,719,000. First Trust Advisors LP grew its holdings in Exxon Mobil by 150.2% during the 2nd 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 purchasing an additional 4,563,707 shares during the last quarter. Cerity Partners LLC raised its position in Exxon Mobil by 200.7% in 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 purchasing an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC boosted its position in shares of Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Franklin Resources Inc. raised its holdings in shares of Exxon Mobil by 7.4% in the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after buying an additional 2,660,910 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Summary

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

• Positive Sentiment: Barclays raised its price target on XOM to $163 (from $145), keeping an Overweight rating after lifting 2026 oil-price assumptions — a direct analyst catalyst supporting the rally. Read More.
• Positive Sentiment: Piper Sandler raised its target on Exxon to $186, citing tightening global supply and positioning XOM as a top large-cap energy buy — another upward pressure on the stock via brokerage momentum. Read More.
• Positive Sentiment: U.S. oil prices topped $100 after administration threats to strike Iran’s oil export facilities (Kharg Island), which increases expectations of tighter supply and higher oil margins for majors like Exxon. Read More.
• Positive Sentiment: Oil industry executives warned the White House that a closure of the Strait of Hormuz would likely push oil prices higher — a geopolitical risk premium that benefits integrated producers. Read More.
• Neutral Sentiment: Exxon is redirecting shipments (e.g., increased gasoline flows to Australia) and is planning a legal HQ move to Texas — operational steps that reduce disruption risk but don’t change fundamentals immediately. Read More.
• Neutral Sentiment: Coverage in buy-list pieces and reminders of Exxon’s large shareholder returns (dividends/ buybacks) support longer-term investor interest but are less likely to drive near-term intraday moves. Read More.
• Negative Sentiment: A California pipeline restart (Sable Offshore/Santa Ynez) could add regional crude supply if it scales up, a development that would weigh on oil prices if broader output recovers. Read More.

Analyst Ratings Changes

Several brokerages have commented on XOM. BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a research report on Tuesday, February 3rd. Royal Bank Of Canada upped their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Citigroup lifted their price objective on shares of Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Piper Sandler upped their target price on shares of Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday. Finally, Bank of America lifted their price target 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 equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus price target of $146.00.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil 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 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 position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last ninety days, insiders have sold 13,380 shares of company stock valued at $1,871,484. 0.03% of the stock is owned by company insiders.

Exxon Mobil Trading Up 1.8%

Shares of NYSE XOM opened at $156.29 on Monday. The business has a fifty day moving average price of $141.99 and a 200 day moving average price of $124.76. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market capitalization of $651.20 billion, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 1.22 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS 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 during the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the firm posted $1.67 earnings per share. The company’s quarterly revenue was down 1.3% on a year-over-year basis. Equities research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

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.