Cambria Investment Management L.P. Buys 17,699 Shares of Exxon Mobil Corporation $XOM

Cambria Investment Management L.P. raised its stake in Exxon Mobil Corporation (NYSE:XOM) by 20.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 105,757 shares of the oil and gas company’s stock after acquiring an additional 17,699 shares during the quarter. Exxon Mobil comprises approximately 0.7% of Cambria Investment Management L.P.’s investment portfolio, making the stock its 21st biggest holding. Cambria Investment Management L.P.’s holdings in Exxon Mobil were worth $11,924,000 as of its most recent SEC filing.

A number of other large investors also recently modified their holdings of XOM. Eagle Capital Management LLC lifted its holdings in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after buying an additional 376 shares in the last quarter. Caxton Associates LLP bought a new position in Exxon Mobil in the 1st quarter valued at $305,000. Sivia Capital Partners LLC increased its stake in shares of Exxon Mobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the period. Castellan Group raised its position in shares of Exxon Mobil by 2.9% during the second quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after acquiring an additional 740 shares during the last quarter. Finally, United Bank raised its position in shares of Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Down 0.8%

Shares of NYSE XOM opened at $157.58 on Thursday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $160.45. The stock has a market cap of $656.60 billion, a price-to-earnings ratio of 23.55, a P/E/G ratio of 1.24 and a beta of 0.35. 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 company’s fifty day moving average is $144.16 and its 200-day moving average is $125.61.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during 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 quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.67 EPS. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 61.58%.

Analyst Upgrades and Downgrades

Several equities analysts recently issued reports on XOM shares. Wells Fargo & Company decreased 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, February 2nd. Bank of America boosted their price objective on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Finally, Mizuho lifted their price target on shares of Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $148.35.

More Exxon Mobil News

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)

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction dated Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the transaction, the vice president owned 17,124 shares in the company, valued at $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 over the last quarter. Company insiders own 0.03% of the company’s stock.

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.