Csenge Advisory Group lowered its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 6.2% in the 3rd quarter, Holdings Channel.com reports. The fund owned 77,043 shares of the oil and gas company’s stock after selling 5,096 shares during the period. Csenge Advisory Group’s holdings in Exxon Mobil were worth $8,687,000 at the end of the most recent quarter.
Several other institutional investors also recently modified their holdings of XOM. Norges Bank bought a new position in Exxon Mobil during the 2nd quarter worth $6,163,719,000. Kingstone Capital Partners Texas LLC bought a new position in shares of Exxon Mobil during the second quarter worth about $607,621,000. First Trust Advisors LP lifted its stake in shares of Exxon Mobil by 150.2% in 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 acquiring an additional 4,563,707 shares during the period. Cerity Partners LLC boosted its holdings in Exxon Mobil by 200.7% in 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 last quarter. Finally, Laurel Wealth Advisors LLC increased its position in Exxon Mobil by 10,809.8% during 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 purchasing an additional 3,066,736 shares during the period. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Trading Up 0.5%
XOM opened at $129.78 on Friday. The company has a fifty day moving average price of $119.37 and a two-hundred day moving average price of $114.57. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $131.72. The company has a market cap of $547.30 billion, a P/E ratio of 18.86, a price-to-earnings-growth ratio of 8.05 and a beta of 0.37. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.
Exxon Mobil Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change 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 3.2%. Exxon Mobil’s payout ratio is currently 59.88%.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: International oil companies (including Exxon) are lobbying for Venezuelan hydrocarbon law changes that would let producers freely export oil they produce—this could materially unlock stranded Venezuelan barrels and improve long‑term upstream cash flows for companies with exposure. Read More.
- Positive Sentiment: Exxon awarded a contract to acquire 3D deepwater seismic offshore Trinidad & Tobago, signaling continued investment in high‑value exploration acreage and potential future resource delineation that supports production growth. Read More.
- Positive Sentiment: Technical analysis commentary notes Exxon reached a new all‑time high and shows impulsive rally characteristics—this can attract momentum traders and reinforce upside near term. Read More.
- Neutral Sentiment: Analysts note WTI near $60 could pressure upstream earnings, but Exxon’s low leverage and premium asset base should help it weather softer prices—mixed implications for earnings vs. balance‑sheet stability. Read More.
- Neutral Sentiment: Coverage pieces and investor commentary flag that Exxon is actively assessing Venezuelan assets and upcoming earnings; monitoring not immediate action—keeps optional upside but also uncertainty. Read More.
- Neutral Sentiment: Broader market pieces listing stocks for midterm‑year positioning may include cyclical energy exposure; this is a portfolio‑level consideration rather than a company‑specific catalyst. Read More.
- Negative Sentiment: Exxon flagged lower Q4 earnings expectations tied to declining crude prices—this is the most direct near‑term earnings risk and can pressure sentiment until actual results and guidance are reported. Read More.
- Negative Sentiment: Public friction between political figures and Exxon’s CEO over Venezuela policy adds political/regulatory risk and could create short‑term volatility tied to headlines. Read More.
- Negative Sentiment: Exxon and Shell halted the planned sale of key U.K. North Sea gas assets after regulatory and commercial hurdles—this removes near‑term divestment proceeds and keeps the assets on the balance sheet, which may weigh on capital allocation expectations. Read More.
Wall Street Analyst Weigh In
A number of brokerages have recently issued reports on XOM. Mizuho boosted their price target on shares of Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Friday. Citigroup upped their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Zacks Research lowered Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $130.25.
View Our Latest Research Report on Exxon Mobil
Insider Activity
In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction 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 completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 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.
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