Moody National Bank Trust Division reduced its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 23.4% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 49,444 shares of the oil and gas company’s stock after selling 15,066 shares during the period. Moody National Bank Trust Division’s holdings in Exxon Mobil were worth $5,950,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
A number of other hedge funds also recently bought and sold shares of XOM. Norges Bank purchased a new stake in Exxon Mobil in the 2nd quarter worth approximately $6,163,719,000. First Trust Advisors LP lifted its holdings in Exxon Mobil by 150.2% during the second 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 boosted its position in shares of 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 purchasing an additional 4,015,099 shares during the period. Franklin Resources Inc. boosted its position 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 purchasing an additional 2,660,910 shares during the period. Finally, Mercer Global Advisors Inc. ADV increased its stake in shares of Exxon Mobil by 218.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock worth $155,696,000 after purchasing an additional 2,546,791 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Exxon Mobil Price Performance
Shares of NYSE:XOM opened at $165.43 on Friday. The firm has a market cap of $689.31 billion, a price-to-earnings ratio of 24.73, a P/E/G ratio of 1.28 and a beta of 0.35. The firm has a fifty day moving average price of $148.48 and a 200 day moving average price of $127.58. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $167.48. 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 Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.
Analyst Upgrades and Downgrades
XOM has been the topic of a number of analyst reports. HSBC lifted their target price on shares of Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Sanford C. Bernstein cut their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. 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. UBS Group reaffirmed a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Finally, Piper Sandler increased their target price on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $148.89.
Check Out Our Latest Research Report on XOM
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders sold 11,460 shares of company stock valued at $1,687,854 in the last quarter. 0.03% of the stock is currently owned by insiders.
Trending Headlines about Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Bernstein raised its price target on Exxon to $195 (from $159) and kept an Outperform rating after updating its energy models — a direct bullish signal for investor expectations and valuation. Bernstein Analyst Sees “Right Tail Risk,” Raises Exxon Mobil (XOM) Price Target
- Positive Sentiment: Exxon has a team in Venezuela evaluating upstream opportunities and infrastructure, which could expand future production optionality if projects progress. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
- Positive Sentiment: Exxon participated in an industry-first fully automated offshore well execution in Guyana alongside Halliburton and partners — a demonstration of tech-driven efficiency that can lower costs and improve returns on new wells. Halliburton (HAL) Is Up 6.7% After First Fully Automated Offshore Well in Guyana – What’s Changed
- Positive Sentiment: Market flows into energy amid the Middle East conflict pushed Exxon’s market cap and sector momentum higher as investors rotate to high-yield, cash-generative oil majors. Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict
- Neutral Sentiment: Producers are increasingly pursuing non-U.S. acreage (“an old-fashioned land grab”) as peaking U.S. shale and geopolitical shifts reshape upstream strategies — a long-term thematic tailwind but with execution and geopolitical risk. Producers Are Looking Far Afield for Oil. It’s ‘An Old-Fashioned Land Grab.
- Neutral Sentiment: Oil prices showed short-term easing on de‑escalation hopes, underscoring continued volatility — keeps Exxon exposed to swings in geopolitical headlines. Oil Eases on De‑Escalation Buzz but Risks Persist: 3 Stocks to Watch
- Negative Sentiment: Analyst and media notes warn of short-term volatility and the need for a longer-term view; pullbacks on de‑escalation or weakening oil prices could pressure the stock despite positive fundamentals. 2 Predictions For Oil Stocks in April
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.
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