Union Bancaire Privee UBP SA Increases Holdings in Exxon Mobil Corporation $XOM

Union Bancaire Privee UBP SA grew its stake in Exxon Mobil Corporation (NYSE:XOM) by 504.1% during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 126,750 shares of the oil and gas company’s stock after acquiring an additional 105,768 shares during the quarter. Union Bancaire Privee UBP SA’s holdings in Exxon Mobil were worth $14,836,000 at the end of the most recent quarter.

Other institutional investors have also recently modified their holdings of the company. Norges Bank purchased a new position in shares of Exxon Mobil in the 2nd quarter worth about $6,163,719,000. First Trust Advisors LP increased its stake 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 in the last quarter. Cerity Partners LLC raised its holdings in Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC lifted its stake in shares of Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after buying an additional 3,066,736 shares in the last quarter. Finally, Franklin Resources Inc. grew its holdings in shares of Exxon Mobil by 7.4% during the third quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Mizuho raised its price target on XOM to $162 (from $140), upgrading its oil-price outlook and lifting near-term upside expectations for Exxon. Mizuho Lifts Exxon Mobil (XOM) Price Target on Higher Oil Price Forecast
• Positive Sentiment: Exxon is accelerating oil and gas project startups in Guyana (floating production facility nearly complete), which should boost future production growth and cash flow as high crude prices persist. Exxon accelerates oil, gas projects in Guyana amid high prices
• Positive Sentiment: Shipping data show Exxon among firms sending record volumes of US fuels to Australia this month, reflecting demand/dislocation that supports refining margins and trading gains. Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
• Positive Sentiment: Analyst and media coverage highlights Exxon’s strong balance sheet and low leverage, which investors favor in volatile commodity/geo-political environments. What Primarily Makes ExxonMobil Resilient in Uncertain Times
• Neutral Sentiment: Exxon announced a planned redomiciliation to Texas — a corporate-structure move that is unlikely to change fundamentals immediately but may have tax/governance implications to monitor. ExxonMobil Announces Planned Redomiciliation to Texas
• Neutral Sentiment: A JV with Energean and Helleniq Energy is moving to exploration in a Greek offshore block — potential upside over the long term but exploratory and uncertain. Energean, ExxonMobil move to the next exploration phase in Greek offshore block
• Neutral Sentiment: Market pieces note oil surged toward $120, creating volatility that can both lift energy revenues and weigh on broader equities — a mixed macro headwind/tailwind for Exxon. Review & Preview: Fog of War
• Negative Sentiment: Damage to LNG facilities at Qatar’s Ras Laffan — including two LNG trains that are joint ventures with Exxon — cuts export capacity ~17%. Repairs could take 3–5 years and reduce near-term LNG volumes tied to Exxon partnerships, an operational and revenue risk. Gas Facility Damage Will Reduce Qatar’s Export Capacity by 17%

Exxon Mobil Price Performance

Shares of XOM opened at $158.19 on Friday. The firm has a fifty day simple moving average of $144.87 and a two-hundred day simple moving average of $125.84. The firm has a market cap of $659.16 billion, a PE ratio of 23.65, a P/E/G ratio of 1.23 and a beta of 0.35. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $160.45.

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 (EPS) 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 firm had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same period last year, the business posted $1.67 EPS. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared 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 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Analysts Set New Price Targets

A number of equities analysts recently weighed in on XOM shares. 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 report on Monday, February 2nd. Piper Sandler lifted their target price on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Royal Bank Of Canada upped their price target on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. TD Cowen lifted their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $148.89.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last three months. Corporate insiders own 0.03% of the company’s stock.

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.