Sumitomo Mitsui DS Asset Management Company Ltd Buys 9,873 Shares of Exxon Mobil Corporation $XOM

Sumitomo Mitsui DS Asset Management Company Ltd raised its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.4% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 716,642 shares of the oil and gas company’s stock after acquiring an additional 9,873 shares during the quarter. Sumitomo Mitsui DS Asset Management Company Ltd’s holdings in Exxon Mobil were worth $80,801,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently made changes to their positions in XOM. Axis Wealth Partners LLC grew its stake in Exxon Mobil by 1.8% in 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 during the period. Sagace Wealth Management LLC lifted its position in Exxon Mobil by 2.7% during 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 during the period. Park Edge Advisors LLC boosted its holdings in shares of Exxon Mobil by 0.3% during 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 in the last quarter. Willow Creek Wealth Management Inc. grew its position in shares of Exxon Mobil by 3.6% in 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 buying an additional 91 shares during the period. Finally, Creative Capital Management Investments LLC grew its position in shares of Exxon Mobil by 2.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock worth $417,000 after buying an additional 91 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of a number of recent research reports. Piper Sandler lowered their price target on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Friday. Citigroup boosted their price target on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Bank of America reduced their price objective on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research report on Thursday, December 11th. Finally, Jefferies Financial Group lifted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $129.71.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the sale, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Up 1.4%

XOM stock opened at $124.60 on Monday. The stock has a market capitalization of $525.44 billion, a P/E ratio of 18.11, a P/E/G ratio of 7.77 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $125.93. The business has a fifty day moving average price of $118.05 and a 200-day moving average price of $113.95.

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

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders 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 dividend yield of 3.3%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: U.S. push on Venezuela raises the prospect of new upstream opportunities for major oil names, and media/market commentary (including Jim Cramer) has highlighted Exxon as a potential beneficiary—supporting upside investor sentiment. Jim Cramer discusses Exxon (XOM) & Venezuela operation
• Positive Sentiment: Exxon signed a Memorandum of Understanding with Turkey’s national oil company to explore untapped Black Sea and Mediterranean acreage—a near‑term growth/production prospect that investors view positively. ExxonMobil Enters Exploration MoU With Turkey’s National Oil Company
• Positive Sentiment: Analyst commentary notes Exxon’s strong history of earnings beats and the company’s mix of upstream/refining businesses that can produce upside surprises—supporting expectations for another solid report. Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
• Neutral Sentiment: Coverage highlights Exxon’s integrated model—refining and marketing gains can offset upstream weakness—reducing earnings volatility but limiting upside tied solely to crude prices. XOM’s Integrated Business Model Shields Earnings Amid Lower Oil Prices
• Neutral Sentiment: Analyst and media pieces also highlight Exxon’s low‑carbon projects (CCS, hydrogen, lithium) and durable dividend profile—longer‑term positives but less likely to move near‑term price action. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
• Negative Sentiment: Exxon warned that lower liquids/crude prices could cut fourth‑quarter upstream profit by roughly $800M–$1.2B versus Q3—an explicit near‑term earnings headwind that pressured the stock on earlier headlines. Exxon signals fall in fourth-quarter upstream profit
• Negative Sentiment: Multiple outlets repeated the warning (and at least one analyst downgrade followed), keeping downside risk if oil prices remain weak into the quarter close. Exxon Mobil Tells Investors Falling Oil Prices Will Dent Profits

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.