CFM Wealth Partners LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 25.2% in the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 93,672 shares of the oil and gas company’s stock after selling 31,601 shares during the quarter. Exxon Mobil comprises approximately 1.5% of CFM Wealth Partners LLC’s investment portfolio, making the stock its 17th largest position. CFM Wealth Partners LLC’s holdings in Exxon Mobil were worth $10,561,000 at the end of the most recent quarter.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Northstar Advisory Group LLC boosted its position in Exxon Mobil by 4.4% during the third quarter. Northstar Advisory Group LLC now owns 20,569 shares of the oil and gas company’s stock worth $2,319,000 after acquiring an additional 873 shares during the last quarter. KPP Advisory Services LLC lifted its stake in Exxon Mobil by 2.1% in the 3rd quarter. KPP Advisory Services LLC now owns 33,746 shares of the oil and gas company’s stock worth $3,805,000 after purchasing an additional 689 shares in the last quarter. Riverwater Partners LLC boosted its holdings in shares of Exxon Mobil by 14.8% during the 3rd quarter. Riverwater Partners LLC now owns 2,210 shares of the oil and gas company’s stock worth $249,000 after purchasing an additional 285 shares during the last quarter. Bank of Jackson Hole Trust grew its position in shares of Exxon Mobil by 43.6% in the third quarter. Bank of Jackson Hole Trust now owns 1,491 shares of the oil and gas company’s stock valued at $168,000 after purchasing an additional 453 shares in the last quarter. Finally, Chilton Capital Management LLC increased its holdings in shares of Exxon Mobil by 0.3% in the third quarter. Chilton Capital Management LLC now owns 515,963 shares of the oil and gas company’s stock valued at $58,175,000 after purchasing an additional 1,396 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have weighed in on the company. UBS Group reissued a “buy” rating on shares of Exxon Mobil in a research note on Friday, January 9th. Bank of America lowered their price target on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report 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 research note on Friday, January 16th. Finally, Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and an average price target of $131.84.
Exxon Mobil Trading Down 0.1%
Shares of XOM stock opened at $134.78 on Tuesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $136.94. The firm has a market cap of $568.39 billion, a PE ratio of 19.59, a price-to-earnings-growth ratio of 8.62 and a beta of 0.37. The company has a 50-day moving average of $121.08 and a two-hundred day moving average of $115.43. 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 (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.16. The business had revenue of $83.33 billion for 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 business’s revenue was down 5.2% on a year-over-year basis. During the same period in the previous year, the firm earned $1.92 EPS. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Increases Dividend
The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders 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 yield of 3.1%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. 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: 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
Insider Activity at Exxon Mobil
In other news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction on Wednesday, December 17th. The stock was 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 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 sale was disclosed in a filing with the SEC, which can be accessed through this hyperlink. 0.03% of the stock is currently owned by corporate insiders.
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.
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