Cibc World Market Inc. Buys 544,448 Shares of Exxon Mobil Corporation $XOM

Cibc World Market Inc. grew its stake in Exxon Mobil Corporation (NYSE:XOM) by 41.8% in the third quarter, HoldingsChannel.com reports. The fund owned 1,846,219 shares of the oil and gas company’s stock after acquiring an additional 544,448 shares during the period. Cibc World Market Inc.’s holdings in Exxon Mobil were worth $208,161,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Westfuller Advisors LLC acquired a new position in Exxon Mobil in the third quarter valued at about $30,000. Bare Financial Services Inc raised its holdings in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC bought a new position in Exxon Mobil in the third quarter valued at approximately $40,000. TruNorth Capital Management LLC lifted its stake in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares during the period. Institutional investors own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: UBS reiterated a Buy rating and highlighted benefits from Exxon’s stake in the Golden Pass LNG project, reinforcing the company’s midstream monetization and cash-generation story. Read More.
• Positive Sentiment: Unusually high volume of call options suggests speculative or hedged bullish positioning that can amplify near-term upside pressure on the stock. Read More.
• Positive Sentiment: Exxon’s regular quarterly dividend was confirmed (payment/ex‑dividend dates published), supporting income-focused demand and providing a steady cash-return rationale for holders. Read More.
• Neutral Sentiment: J.P. Morgan maintained a Buy rating (Arun Jayaram) with a $140 target — supportive for sentiment but the PT is below current market levels, making the near-term signal mixed. Read More.
• Neutral Sentiment: Zacks ran comparative and sector pieces (SSL vs XOM; energy leadership commentary) that provide relative-value and macro context rather than fresh company-specific catalysts. Read More.
• Negative Sentiment: Exxon warned EU methane rules could raise crude import costs by ~13%, a potential headwind for refiners and margins in Europe and an incremental regulatory risk to downstream economics. Read More.
• Negative Sentiment: Zacks flagged softer WTI/crude price risk that would pressure Exxon’s upstream-heavy earnings despite its cost advantages — a direct earnings sensitivity to lower oil. Read More.
• Negative Sentiment: An Exxon VP, Darrin Talley, disclosed the sale of 3,230 shares (~13.7% reduction in his reported holding); insider selling can be perceived negatively even if unrelated to company prospects. Read More.

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on 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 owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 14,230 shares of company stock worth $1,888,421 over the last 90 days. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Performance

NYSE:XOM opened at $151.69 on Wednesday. The firm has a market capitalization of $639.70 billion, a PE ratio of 22.67, a price-to-earnings-growth ratio of 15.73 and a beta of 0.39. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock’s 50-day simple moving average is $127.20 and its 200 day simple moving average is $117.99. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $151.78.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter in the previous year, the firm posted $1.67 earnings per share. Exxon Mobil’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on XOM shares. Jefferies Financial Group boosted their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Bank of America lifted their target price on Exxon Mobil from $129.00 to $135.00 and gave the company a “neutral” rating in a research report on Wednesday, January 28th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Royal Bank Of Canada lifted their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Finally, Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Nine investment 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. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus price target of $140.59.

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.