Exxon Mobil Corporation $XOM Shares Acquired by American National Bank & Trust

American National Bank & Trust lifted its stake in Exxon Mobil Corporation (NYSE:XOM) by 10.8% during the 3rd quarter, HoldingsChannel.com reports. The fund owned 73,981 shares of the oil and gas company’s stock after purchasing an additional 7,237 shares during the quarter. American National Bank & Trust’s holdings in Exxon Mobil were worth $8,341,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Axis Wealth Partners LLC lifted its stake in Exxon Mobil by 1.8% during the second quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock worth $545,000 after purchasing an additional 90 shares in the last quarter. Sagace Wealth Management LLC grew its stake in shares of Exxon Mobil by 2.7% in the third quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock valued at $388,000 after buying an additional 90 shares in the last quarter. Park Edge Advisors LLC raised its holdings in shares of Exxon Mobil by 0.3% in the 2nd quarter. Park Edge Advisors LLC now owns 32,031 shares of the oil and gas company’s stock valued at $3,453,000 after buying an additional 91 shares during the period. Willow Creek Wealth Management Inc. lifted its stake in Exxon Mobil by 3.6% during the 2nd quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock worth $285,000 after acquiring an additional 91 shares in the last quarter. Finally, Capstone Wealth Management LLC boosted its holdings in Exxon Mobil by 3.8% during the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock valued at $285,000 after acquiring an additional 92 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Geopolitical move in Venezuela is creating hopes for big investment and asset-recovery opportunities for U.S. oil majors; investors are pricing in potential work rebuilding Venezuela’s oil sector and possible compensation for nationalized assets, which benefits Exxon’s long-term reserves and recoverable-value story. Venezuela chaos could lead to billions in investment opportunities
• Positive Sentiment: Market reaction: energy stocks including Exxon rallied on the Venezuela news and Trump administration comments urging U.S. firms to invest in Venezuela — this lift reflects expectations of new upstream projects and claims recovery that would materially expand Exxon’s addressable resources. Chevron, Exxon and SLB Stocks Are Surging
• Positive Sentiment: Policy signal that firms must reinvest to recover Venezuela claims: the White House/State Department outreach suggesting majors would need to put capital to work to claim compensation supports higher future capital spending and recovery wins for companies with past expropriations like Exxon. US pushes oil majors to invest big in Venezuela
• Neutral Sentiment: Operational/consultation uncertainty — reports say the administration did not consult the majors before the Venezuela action and meetings are being planned; this creates short-term uncertainty about timing, access and legal frameworks despite the upside narrative. Trump administration has not consulted US oil majors
• Neutral Sentiment: Technical/momentum narratives: analysts and outlets point to a breakout and positive share-price momentum after the geopolitical shock; this can amplify short-term inflows but may not reflect fundamentals. Exxon Mobil Jumps On Venezuela Shock
• Neutral Sentiment: Unusual options activity flagged by market-watchers — could reflect hedging or directional bets around the Venezuela story and earnings/cash-flow narratives; worth monitoring for short-term volatility. Exxon Mobil Target of Unusually Large Options Trading
• Negative Sentiment: Legal/legacy risk: a new class-action filing (Portnoy Law Firm) alleges issues tied to a 2016 period — legal proceedings can be a distraction and carry potential costs, though this appears disconnected from the current Venezuela-driven move. Portnoy Law Firm Announces Class Action
• Negative Sentiment: Analyst update: Sanford C. Bernstein trimmed its price target slightly (to $137) while keeping an outperform rating — a modest downgrade that tempers upside expectations versus some of the bullish headlines. Bernstein lowers price target

Exxon Mobil Stock Up 2.2%

Shares of Exxon Mobil stock opened at $125.35 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $125.93. The company has a market capitalization of $528.64 billion, a P/E ratio of 18.22, a P/E/G ratio of 7.56 and a beta of 0.37. The company has a 50 day moving average of $117.52 and a 200 day moving average of $113.64.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company had revenue of $57.55 billion for the quarter. As a group, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a $1.03 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a yield of 3.3%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s payout ratio is 59.88%.

Wall Street Analysts Forecast Growth

A number of brokerages have issued reports on XOM. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. TD Cowen lifted their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, December 12th. BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a research note on Monday, December 8th. Bank of America reduced their target price on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a report on Thursday, December 11th. Finally, Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and an average target price of $129.81.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. 0.03% of the stock is currently owned by corporate insiders.

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.