Leo Wealth LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 101.8% in the 4th quarter, Holdings Channel.com reports. The institutional investor owned 38,378 shares of the oil and gas company’s stock after buying an additional 19,364 shares during the quarter. Leo Wealth LLC’s holdings in Exxon Mobil were worth $4,618,000 as of its most recent filing with the SEC.
Several other hedge funds have also made changes to their positions in XOM. Westfuller Advisors LLC purchased a new position in Exxon Mobil during the third quarter worth about $30,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil during the third quarter worth about $40,000. TruNorth Capital Management LLC raised its holdings in Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after purchasing an additional 335 shares in the last quarter. Halbert Hargrove Global Advisors LLC raised its holdings in Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC raised its holdings in Exxon Mobil by 307.0% during the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock worth $46,000 after purchasing an additional 307 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.
Analyst Ratings Changes
Several research analysts recently issued reports on XOM shares. Scotiabank raised shares of Exxon Mobil to a “strong-buy” rating in a report on Friday, March 27th. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Piper Sandler increased their price target on shares of Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. BMO Capital Markets reissued a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. Finally, BNP Paribas Exane cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. in a report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, nine have assigned a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $152.42.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Exxon said higher oil & gas prices from the Iran war could lift Q1 upstream earnings by as much as $2.9B, a near‑term earnings tailwind that supports cash flow and dividends. Exxon signals Q1 upstream profit bump
- Positive Sentiment: Exxon’s helium position (LaBarge) and recent analyst estimate increases (Erste raising FY2026/27 EPS) create structural upside outside oil — a diversification positive if helium/LNG tightness persists. Analyst estimates/LaBarge helium
- Neutral Sentiment: Wolfe Research maintained a Buy but trimmed its price target modestly (from $158 to $153), a small analyst move that partly tempers buy-side conviction. Wolfe Research price target change
- Negative Sentiment: Exxon disclosed ~6% of global Q1 production was knocked out by Middle East conflict (assets in Qatar/UAE affected), directly cutting volumes and near-term revenue. Exxon sees 6% output shut
- Negative Sentiment: Company warnings estimate upstream earnings hit of $300M–$500M and energy products (downstream) impacts up to ~$300M in Q1, adding earnings uncertainty despite oil price strength. Q1 hit warning
- Negative Sentiment: Operational downtime: planned spring and year‑end overhauls at the 612k bpd Beaumont, TX refinery add short‑term refining downtime and margin risk. Beaumont refinery overhauls
- Negative Sentiment: Market/technical pressure: a tentative break below the 50‑day moving average and the broader sector pullback after a US‑Iran ceasefire lifted general equities (which reduced the oil-risk premium) have prompted traders to trim energy positions. Technical/50-day MA story
Insider Transactions at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 in the last quarter. 0.03% of the stock is currently owned by company insiders.
Exxon Mobil Trading Down 4.7%
Shares of XOM opened at $156.18 on Thursday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41. The firm has a 50 day simple moving average of $154.00 and a 200-day simple moving average of $130.93. The stock has a market cap of $650.76 billion, a price-to-earnings ratio of 23.35, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its 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 net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the business earned $1.67 earnings per share. Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. Equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
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 dividend of $1.03 per share. 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%.
Exxon Mobil 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.
See Also
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