Briaud Financial Planning Inc lowered its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 35.2% during the 3rd quarter, Holdings Channel reports. The firm owned 9,865 shares of the oil and gas company’s stock after selling 5,364 shares during the quarter. Exxon Mobil comprises approximately 0.4% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 11th largest holding. Briaud Financial Planning Inc’s holdings in Exxon Mobil were worth $1,112,000 at the end of the most recent quarter.
Other institutional investors and hedge funds have also bought and sold shares of the company. Ipsen Advisor Group LLC increased its stake in shares of Exxon Mobil by 1.6% in the third quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company’s stock valued at $637,000 after buying an additional 88 shares in the last quarter. Nexus Investment Management ULC lifted its position in Exxon Mobil by 1.6% during the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock worth $653,000 after buying an additional 89 shares in the last quarter. Sagace Wealth Management LLC lifted its position in Exxon Mobil by 2.7% during the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after buying an additional 90 shares in the last quarter. Creative Capital Management Investments LLC grew its holdings in Exxon Mobil by 2.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock worth $417,000 after acquiring an additional 91 shares during the last quarter. Finally, Tortoise Investment Management LLC grew its holdings in Exxon Mobil by 2.4% during the 3rd quarter. Tortoise Investment Management LLC now owns 3,900 shares of the oil and gas company’s stock worth $440,000 after acquiring an additional 91 shares during the last quarter. 61.80% of the stock is owned by institutional investors.
Exxon Mobil Stock Down 0.8%
Shares of NYSE XOM opened at $157.58 on Thursday. The firm has a market capitalization of $656.60 billion, a PE ratio of 23.55, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $160.45. The firm’s 50-day moving average is $144.16 and its 200-day moving average is $125.61.
Exxon Mobil Dividend Announcement
The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. Exxon Mobil’s payout ratio is presently 61.58%.
Insider Activity at Exxon Mobil
In other news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the transaction, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. In the last three months, insiders have sold 11,460 shares of company stock worth $1,687,854. Insiders own 0.03% of the company’s stock.
Wall Street Analysts Forecast Growth
A number of equities analysts have weighed in on the stock. TD Cowen boosted their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Bank of America increased their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Royal Bank Of Canada boosted their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Monday, February 2nd. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a report on Wednesday, February 4th. Finally, Barclays increased their price objective on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research report on Monday. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and a consensus target price of $148.35.
Get Our Latest Stock Analysis on XOM
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Supply worries around the Strait of Hormuz have pushed crude above $100/barrel, directly improving near-term revenue and cash‑flow prospects for integrated producers like Exxon. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
- Positive Sentiment: Barclays has reiterated a bullish stance/Buy rating and raised its price target, reinforcing analyst-driven upside expectations and supporting investor confidence. Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)
- Positive Sentiment: Additional price-target lifts (Barclays noted elsewhere and Mizuho raised its target) and sector-tilt research highlight that energy, gold and defense stand to benefit from inflation/volatility—exposing Exxon to favorable macro tailwinds. Barclays Increases Exxon Mobil (NYSE:XOM) Price Target to $163.00 Oil Shock, Rising Rates, High Inflation: 3 Sectors Poised to Benefit
- Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — modestly constructive for consensus targets but not a clear buy signal. Mizuho raises price target to $162
- Neutral Sentiment: Broader S&P and market leadership are lifting energy stocks alongside Exxon, so part of the move is market-driven rather than company-specific. The Biggest Things Driving the S&P 500 Higher Despite $103 Oil Today
- Neutral Sentiment: Feature pieces on Exxon’s S&P footprint and dividend profile reinforce long‑term investor interest but are unlikely to move the stock immediately. Exxon Mobil mapping its reach across the S&P 500
- Negative Sentiment: Insider selling: a VP sold 1,080 shares (~$168k), a small disclosure but one that some investors interpret as reduced near‑term insider conviction. SEC filing for insider sale
- Negative Sentiment: A critical analyst note warned Exxon may be a “latecomer” to some energy opportunities, which could temper momentum‑driven buying. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)
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.
Further Reading
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