SBI Securities Co. Ltd. reduced its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 4.1% during the third quarter, HoldingsChannel reports. The firm owned 123,375 shares of the oil and gas company’s stock after selling 5,258 shares during the period. SBI Securities Co. Ltd.’s holdings in Exxon Mobil were worth $13,911,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently bought and sold shares of the business. Financial Alternatives Inc raised its position in Exxon Mobil by 1.4% in the 3rd quarter. Financial Alternatives Inc now owns 9,626 shares of the oil and gas company’s stock worth $1,085,000 after buying an additional 131 shares during the last quarter. Savant Capital LLC raised its holdings in shares of Exxon Mobil by 5.1% during the third quarter. Savant Capital LLC now owns 285,158 shares of the oil and gas company’s stock valued at $32,152,000 after purchasing an additional 13,823 shares during the last quarter. Unison Advisors LLC lifted its position in Exxon Mobil by 0.9% during the third quarter. Unison Advisors LLC now owns 21,997 shares of the oil and gas company’s stock valued at $2,480,000 after purchasing an additional 193 shares during the period. Post Resch Tallon Group Inc. boosted its holdings in Exxon Mobil by 2.7% in the third quarter. Post Resch Tallon Group Inc. now owns 7,433 shares of the oil and gas company’s stock worth $838,000 after purchasing an additional 192 shares during the last quarter. Finally, Lokken Investment Group LLC grew its position in Exxon Mobil by 3.7% in the 3rd quarter. Lokken Investment Group LLC now owns 25,263 shares of the oil and gas company’s stock worth $2,848,000 after purchasing an additional 894 shares during the period. 61.80% of the stock is currently owned by institutional investors.
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Evercore ISI reaffirmed its buy view on Exxon, reinforcing buy-side support and helping momentum into the trade. Evercore ISI Keeps Their Buy Rating on Exxon Mobil (XOM)
- Positive Sentiment: Analysts highlight Exxon’s record output and large buybacks as potential re-rating catalysts — the “bull case” story that could increase returns and justify higher multiples. The Bull Case For Exxon Mobil (XOM) Could Change Following Record Output And Massive Buybacks – Learn Why
- Positive Sentiment: TD Cowen raised its price target to $145 and kept a buy rating, adding another constructive analyst signal supporting further upside. TD Cowen Raise
- Positive Sentiment: Market commentary (CNBC’s “Final Trades”) and intraday flows showed buying interest — the stock rallied in recent sessions as investors leaned into the execution narrative. Exxon Mobil on CNBC’s ‘Final Trades’
- Neutral Sentiment: Wells Fargo trimmed its target slightly to $156 but kept an overweight rating — a modest tweak that is not a directional change to their thesis. Wells Fargo Lowers Price Target
- Neutral Sentiment: Exxon agreed a settlement related to an arbitration with Sintana Energy (reported as a ~$9m resolution) — likely immaterial to Exxon’s overall cash flow but removes a legal overhang. Sintana Energy Settlement
- Neutral Sentiment: Coverage pieces (Zacks, Seeking Alpha, Morningstar) are flagging XOM as a value/dividend play amid oil weakness, which drives trading interest but is not an immediate catalyst. Zacks Trending Stock
- Negative Sentiment: BNP Paribas Exane downgraded XOM to “underperform” with a $125 target — a more bearish call that could cap upside if other shops follow. BNP Paribas Downgrade
- Negative Sentiment: Insider sale: VP Darrin Talley sold 5,000 shares (SEC Form 4 filing) — a small-management liquidity event some investors may view as mildly negative. Insider Sale Filing
Exxon Mobil Stock Up 2.7%
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the business earned $1.67 EPS. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.
Insider Buying and Selling
In other news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 11,000 shares of company stock worth $1,406,570 over the last quarter. 0.03% of the stock is owned by company insiders.
Analyst Ratings Changes
Several equities analysts have recently weighed in on XOM shares. Wells Fargo & Company lowered their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday. BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a research report on Tuesday. TD Cowen boosted their price target on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday. Sanford C. Bernstein lowered their price objective on shares of 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, Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus target price of $140.59.
Get Our Latest Analysis on XOM
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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