Belpointe Asset Management LLC Sells 4,190 Shares of Exxon Mobil Corporation $XOM

Belpointe Asset Management LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM) by 7.1% in the third quarter, Holdings Channel.com reports. The fund owned 54,708 shares of the oil and gas company’s stock after selling 4,190 shares during the quarter. Belpointe Asset Management LLC’s holdings in Exxon Mobil were worth $6,168,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil during the 3rd quarter valued at $30,000. Bare Financial Services Inc boosted its stake in Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC purchased a new position in Exxon Mobil during the third quarter worth about $40,000. TruNorth Capital Management LLC increased its stake in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the last quarter. Finally, Investment Research & Advisory Group Inc. purchased a new stake in shares of Exxon Mobil in the 2nd quarter valued at about $42,000. Institutional investors own 61.80% of the company’s stock.

Analysts Set New Price Targets

XOM has been the subject of several recent analyst reports. Jefferies Financial Group boosted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Bank of America cut their price target on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Zacks Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Finally, TD Cowen reissued a “buy” rating on shares of Exxon Mobil in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given 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 “Moderate Buy” and a consensus target price of $131.84.

Exxon Mobil News Summary

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

• Positive Sentiment: Exxon said it has begun commercial operation of a carbon capture and storage (CCS) project with fertilizer maker CF Industries in Louisiana, a milestone for its low‑carbon growth strategy that supports future emissions‑related revenue and ESG credibility. Exxon begins commercial CCS project with CF industries in Louisiana
• Positive Sentiment: UBS reiterated a Buy rating on XOM, providing analyst support that can prop up investor confidence and demand for the stock. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Exxon and China’s BYD said they will deepen a hybrid‑technology partnership, extending Exxon’s exposure to vehicle electrification and hybrid systems which could broaden non‑traditional revenue streams. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
• Neutral Sentiment: A retail roundup included Exxon as a suggested dividend name, noting management’s targets for earnings and cash‑flow growth through 2030 to support future dividend increases — positive long‑term but not immediate. 3 Safe Dividend Stocks Yielding At Least 3% to Buy Without Hesitation Right Now
• Negative Sentiment: A Seeking Alpha piece downgraded the rating on Exxon, arguing the near‑term risk/reward is weak heading into Q4 results — a narrative that can pressure sentiment and trading. Exxon Mobil: Strong Business, Weak Risk-Reward Ahead Of Q4 (Rating Downgrade)
• Negative Sentiment: Kazakh authorities urged Exxon to speed repairs on an extended outage at the Tengiz oilfield, highlighting production disruption risk at a major asset that could weigh on near‑term volumes and revenue. Kazakhstan urges ExxonMobil speed up work to fix Tengiz outage

Exxon Mobil Stock Performance

NYSE XOM opened at $134.78 on Tuesday. The company has a 50-day simple moving average of $121.08 and a two-hundred day simple moving average of $115.43. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $136.94. The firm has a market cap of $568.39 billion, a price-to-earnings ratio of 19.59, a PEG ratio of 8.62 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) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.16. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company had revenue of $83.33 billion during the quarter, compared to analyst estimates of $83.09 billion. During the same quarter in the previous year, the company posted $1.92 EPS. Exxon Mobil’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were paid a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.1%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s payout ratio is currently 59.88%.

Insider Activity at Exxon Mobil

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 transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. 0.03% of the stock is currently owned by insiders.

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.