Exxon Mobil Corporation $XOM Shares Sold by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC lowered its stake in Exxon Mobil Corporation (NYSE:XOM) by 0.8% during the 3rd quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 4,068,284 shares of the oil and gas company’s stock after selling 31,682 shares during the period. Exxon Mobil makes up about 0.8% of CIBC Private Wealth Group LLC’s investment portfolio, making the stock its 22nd largest holding. CIBC Private Wealth Group LLC’s holdings in Exxon Mobil were worth $458,699,000 as of its most recent filing with the SEC.

A number of other institutional investors and hedge funds also recently modified their holdings of XOM. Maryland State Retirement & Pension System increased its stake in Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after purchasing an additional 5,573 shares in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after buying an additional 9,831 shares in the last quarter. Capital Counsel LLC NY lifted its stake in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after buying an additional 460 shares in the last quarter. HORAN Wealth LLC boosted its holdings in shares of Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after buying an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC boosted its holdings in shares of Exxon Mobil by 5.6% in the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after buying an additional 8,853 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the topic of a number of recent analyst reports. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a report on Tuesday, February 3rd. Barclays raised their price objective on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research note on Monday. Bank of America lifted their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler boosted their target price on shares of Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. Finally, Loop Capital set a $123.00 target price on Exxon Mobil in a report on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has an average rating of “Hold” and a consensus price target of $148.35.

Exxon Mobil Price Performance

Shares of XOM opened at $157.58 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a market cap of $656.60 billion, a PE ratio of 23.55, a PEG ratio of 1.24 and a beta of 0.35. The firm’s 50 day moving average price is $144.16 and its 200 day moving average price is $125.61. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $160.45.

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

Exxon Mobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.

More Exxon Mobil News

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

• Positive Sentiment: Supply worries around the Strait of Hormuz have pushed crude above $100/barrel, directly improving near-term revenue and cash‑flow prospects for integrated producers like Exxon. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Positive Sentiment: Barclays has reiterated a bullish stance/Buy rating and raised its price target, reinforcing analyst-driven upside expectations and supporting investor confidence. Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Additional price-target lifts (Barclays noted elsewhere and Mizuho raised its target) and sector-tilt research highlight that energy, gold and defense stand to benefit from inflation/volatility—exposing Exxon to favorable macro tailwinds. Barclays Increases Exxon Mobil (NYSE:XOM) Price Target to $163.00 Oil Shock, Rising Rates, High Inflation: 3 Sectors Poised to Benefit
• Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — modestly constructive for consensus targets but not a clear buy signal. Mizuho raises price target to $162
• Neutral Sentiment: Broader S&P and market leadership are lifting energy stocks alongside Exxon, so part of the move is market-driven rather than company-specific. The Biggest Things Driving the S&P 500 Higher Despite $103 Oil Today
• Neutral Sentiment: Feature pieces on Exxon’s S&P footprint and dividend profile reinforce long‑term investor interest but are unlikely to move the stock immediately. Exxon Mobil mapping its reach across the S&P 500
• Negative Sentiment: Insider selling: a VP sold 1,080 shares (~$168k), a small disclosure but one that some investors interpret as reduced near‑term insider conviction. SEC filing for insider sale
• Negative Sentiment: A critical analyst note warned Exxon may be a “latecomer” to some energy opportunities, which could temper momentum‑driven buying. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)

Insider Transactions at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this link. Insiders have sold 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.

Exxon Mobil Company 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.