Edgar Lomax Co. VA Sells 69,055 Shares of Exxon Mobil Corporation $XOM

Edgar Lomax Co. VA trimmed its stake in Exxon Mobil Corporation (NYSE:XOM) by 21.7% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 248,832 shares of the oil and gas company’s stock after selling 69,055 shares during the period. Exxon Mobil accounts for about 2.2% of Edgar Lomax Co. VA’s investment portfolio, making the stock its 18th biggest holding. Edgar Lomax Co. VA’s holdings in Exxon Mobil were worth $28,056,000 as of its most recent filing with the Securities and Exchange Commission.

Several other hedge funds and other institutional investors also recently modified their holdings of the stock. Eagle Capital Management LLC raised its holdings in Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Exxon Mobil in the 1st quarter worth about $305,000. Sivia Capital Partners LLC lifted its position in Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after acquiring an additional 207 shares during the period. Castellan Group boosted its stake in Exxon Mobil by 2.9% during the second quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after acquiring an additional 740 shares in the last quarter. Finally, United Bank grew its holdings in Exxon Mobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after purchasing an additional 600 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 0.8%

Shares of NYSE:XOM opened at $150.98 on Friday. 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 Corporation has a 1 year low of $97.80 and a 1 year high of $159.60. The company has a market cap of $629.10 billion, a P/E ratio of 22.57, a PEG ratio of 1.23 and a beta of 0.35. The stock’s fifty day moving average price is $138.24 and its 200-day moving average price is $122.80.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 EPS. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

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

Insider Transactions at Exxon Mobil

In other Exxon Mobil 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 owned 18,204 shares of the company’s stock, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 16,380 shares of company stock valued at $2,227,734 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

XOM has been the subject of several recent research reports. Loop Capital set a $123.00 target price on shares of Exxon Mobil in a report on Tuesday, February 3rd. 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. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. BNP Paribas Exane downgraded 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. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $143.41.

Key Exxon Mobil News

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

• Positive Sentiment: Geopolitical disruption around the Strait of Hormuz has pushed oil prices higher, creating a near‑term revenue and cash‑flow tailwind for integrated producers like Exxon. Read More.
• Positive Sentiment: Exxon has scheduled a large physical shipment (about 600,000 barrels) of mostly gasoline from the U.S. Gulf Coast to Australia — evidence of active commercial positioning amid global fuel tightness. Read More.
• Positive Sentiment: Macro/investor flows favor the HALO trade (Heavy Asset, Low Obsolescence), giving energy majors like Exxon a defensive appeal versus more cyclical/fast‑obsolescing sectors. Read More.
• Positive Sentiment: Some analysts and boutiques have nudged fair‑value estimates and price targets higher into the mid‑$140s–$180s range, keeping XOM in focus for income/value investors. Read More.
• Neutral Sentiment: Exxon’s investor presentation at the Morgan Stanley Energy & Power conference provided incremental detail but no fresh guidance; such events tend to support clarity rather than drive headline moves. Read More.
• Neutral Sentiment: Sector headlines are mixed (energy outperformance vs. intra‑day profit‑taking); some banks raised targets into the ~$150 area but kept cautious ratings, signaling limited consensus on sustained upside. Read More.
• Negative Sentiment: An Exxon VP sold 2,150 shares (disclosed Form 4); while modest and routine, insider sales can be viewed negatively by short‑term traders. Read More.
• Negative Sentiment: Analysts warn that sustained regional conflict could threaten production/transport logistics, raising uncertainty on near‑term volumes and costs despite higher prices. Read More.

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.