CORDA Investment Management LLC. Has $5.02 Million Stock Position in Exxon Mobil Corporation $XOM

CORDA Investment Management LLC. cut its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 17.1% in the third quarter, Holdings Channel reports. The institutional investor owned 44,550 shares of the oil and gas company’s stock after selling 9,194 shares during the quarter. CORDA Investment Management LLC.’s holdings in Exxon Mobil were worth $5,023,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Norges Bank acquired a new stake in Exxon Mobil in the 2nd quarter worth $6,163,719,000. Kingstone Capital Partners Texas LLC bought a new stake in shares of Exxon Mobil in the second quarter valued at about $607,621,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after buying an additional 4,563,707 shares in the last quarter. Cerity Partners LLC increased its stake in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares during the period. Finally, Laurel Wealth Advisors LLC raised its holdings in Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Analysts raised near-term earnings expectations for Exxon, which supports the company’s fundamentals and dividend outlook. Zacks Research Raises Earnings Estimates for Exxon Mobil
• Positive Sentiment: A Seeking Alpha write-up says Exxon’s 2030 plan looks more robust than initially forecast, suggesting longer-term strategic resilience beyond the Venezuela debate. Exxon Mobil: 2030 Plan More Robust Than Initial Forecast
• Neutral Sentiment: Market roundups are flagging XOM as a stock to watch amid the political headlines and recent volatility — useful for traders but not new company-specific news. 4 stocks to watch on Monday: BIRK, UNH, XOM, O
• Negative Sentiment: President Trump said he may exclude Exxon from Venezuela opportunities after CEO Darren Woods called the country “uninvestable,” creating near-term political risk and the prospect of lost future projects. Trump says he might keep Exxon out of Venezuela (Reuters)
• Negative Sentiment: Multiple outlets report Trump’s displeasure with Exxon’s response at a White House meeting, and that he’s “inclined” to sideline Exxon — headlines that hit pre-market trading and spurred short-term selling pressure. Trump threatens to sideline Exxon from Venezuela’s oil (CNBC)
• Negative Sentiment: Coverage notes that the comment and possible exclusion could shift Venezuela business toward competitors (e.g., Chevron), raising concerns about lost upside from any Venezuelan production recovery. Trump could hand Chevron another South American win over Exxon Mobil with Venezuela
• Negative Sentiment: Market reaction: outlets reported premarket and early-session XOM weakness (shares fell in premarket on the news), reflecting investor concern about political access to Venezuelan projects. Exxon Shares Drop After Trump Says He May Keep Them Out Of Venezuela (Forbes)
• Negative Sentiment: Analysts and market commentary question whether Exxon’s stance dampens prospects for a Venezuelan oil boom, potentially reducing a large upside scenario for global oil majors. Did Exxon Mobil Just Dash Hope For A New Oil Boom?

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of 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 position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.5%

Shares of Exxon Mobil stock opened at $124.04 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. The stock has a market capitalization of $523.11 billion, a P/E ratio of 18.03, a price-to-earnings-growth ratio of 7.77 and a beta of 0.37. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $125.93. The company has a 50-day simple moving average of $118.25 and a 200 day simple moving average of $114.05.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (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 during the quarter. Research analysts expect 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. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.3%. Exxon Mobil’s dividend payout ratio is currently 59.88%.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. TD Cowen boosted their price objective on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a research 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 price target on the stock in a report on Monday, December 8th. BNP Paribas upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Morgan Stanley lifted their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research report on Wednesday, December 10th. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and an average price target of $130.25.

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.