Pzena Investment Management LLC Buys 7,678 Shares of Exxon Mobil Corporation $XOM

Pzena Investment Management LLC lifted its stake in Exxon Mobil Corporation (NYSE:XOM) by 1.2% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 661,764 shares of the oil and gas company’s stock after buying an additional 7,678 shares during the quarter. Pzena Investment Management LLC’s holdings in Exxon Mobil were worth $74,614,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the third quarter valued at $30,000. Bare Financial Services Inc lifted its position in Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 201 shares during the last quarter. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter worth $40,000. TruNorth Capital Management LLC grew its stake in shares of Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its holdings in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after buying an additional 181 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Stock Performance

XOM stock opened at $150.64 on Thursday. The firm has a market cap of $635.27 billion, a price-to-earnings ratio of 22.52, a PEG ratio of 15.16 and a beta of 0.39. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $156.93. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The business’s fifty day simple moving average is $131.09 and its two-hundred day simple moving average is $119.55.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 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 analysts’ expectations of $77.98 billion. During the same period in the prior year, the business posted $1.67 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Exxon says it is committed to moving quickly to develop natural gas in Guyana — a growth market that could expand upstream volumes and long‑term gas revenues if timelines hold. Exxon committed to moving fast to develop gas in Guyana, executive says
• Positive Sentiment: Exxon will have senior management (Jack Williams) speaking at the Morgan Stanley Energy & Power Conference on March 3 — an opportunity for management to discuss capital allocation, Guyana progress and shareholder returns directly with investors. ExxonMobil to Speak at Morgan Stanley Energy & Power Conference
• Neutral Sentiment: Options-market activity is being analyzed for signals on near‑term positioning; such flows can indicate trader sentiment but don’t always translate to directional moves in the equity. What the Options Market Tells Us About Exxon Mobil
• Neutral Sentiment: A valuation review notes mixed signals on Exxon’s long‑term returns — attractive dividend/cash flow metrics vs. capital intensity and transition risks — implying more nuance than a simple buy/sell call. Assessing Exxon Mobil (XOM) Valuation As Mixed Signals Emerge On Long Term Returns
• Neutral Sentiment: Round‑up and dividend/stability lists mention Exxon as a dividend income option; useful for long‑term income investors but unlikely to move price sharply on its own. Want Decades of Passive Income? 3 Stocks to Buy Right Now
• Negative Sentiment: Brokerage consensus/target coverage published a mean target (~$140.59) below the current trading level, which could cap upside and prompt profit‑taking if analysts don’t lift targets. Brokerages Set Exxon Mobil Corporation (NYSE:XOM) Target Price at $140.59
• Negative Sentiment: Australia’s Federal Court fined Mobil Oil Australia A$16M (~$11.3M) for misleading petrol claims — a reputational and small financial hit that highlights regional regulatory/legal risk. Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims

Wall Street Analyst Weigh In

A number of research analysts recently commented on the stock. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Sanford C. Bernstein lowered their price objective 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. Wells Fargo & Company cut their target price on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Mizuho set a $140.00 price target on Exxon Mobil in a report on Wednesday, February 4th. Finally, Jefferies Financial Group raised their price target on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Nine 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 company has an average rating of “Hold” and an average target price of $140.59.

Insider Activity

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the transaction, the vice president directly owned 20,354 shares in the company, valued at $3,036,409.72. This trade represents a 13.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 14,230 shares of company stock valued at $1,888,421 in the last ninety days. 0.03% of the stock is currently owned by insiders.

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.