NBT Bank N A NY decreased its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 6.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 164,108 shares of the oil and gas company’s stock after selling 11,060 shares during the quarter. Exxon Mobil makes up approximately 1.4% of NBT Bank N A NY’s portfolio, making the stock its 15th largest position. NBT Bank N A NY’s holdings in Exxon Mobil were worth $19,373,000 at the end of the most recent reporting period.
A number of other large investors also recently made changes to their positions in the company. Linscomb Wealth Inc. increased its position in shares of Exxon Mobil by 1.4% during the 2nd quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after purchasing an additional 5,527 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its stake in Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after buying an additional 9,831 shares in the last quarter. Capital Counsel LLC NY boosted its stake in Exxon Mobil by 0.9% in the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after buying an additional 460 shares in the last quarter. OneAscent Wealth Management LLC grew its position in Exxon Mobil by 116.7% during the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after acquiring an additional 4,123 shares during the last quarter. Finally, Regency Capital Management Inc. DE raised its stake in shares of Exxon Mobil by 1,082.3% during the third quarter. Regency Capital Management Inc. DE now owns 31,992 shares of the oil and gas company’s stock worth $3,607,000 after acquiring an additional 29,286 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Wall Street Analysts Forecast Growth
XOM has been the subject of a number of research reports. Zacks Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Wells Fargo & Company upped their price target on shares of Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a research report on Thursday, December 11th. Sanford C. Bernstein reduced their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Exxon Mobil has a consensus rating of “Hold” and a consensus price target of $130.25.
Key Exxon Mobil News
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.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 0.03% of the company’s stock.
Exxon Mobil Price Performance
Shares of Exxon Mobil stock opened at $129.78 on Monday. The company’s fifty day simple moving average is $119.37 and its two-hundred day simple moving average is $114.60. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $131.72. The firm has a market cap of $547.30 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 8.05 and a beta of 0.37. 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 (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. The firm had revenue of $83.33 billion during the quarter, compared to the consensus estimate of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company’s quarterly revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.92 earnings per share. As a group, equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Increases Dividend
The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a $1.03 dividend. This is an increase 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 3.2%. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.
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.
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