Exxon Mobil Corporation $XOM Holdings Decreased by CIBC Private Wealth Group LLC

CIBC Private Wealth Group LLC cut its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.8% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 4,068,284 shares of the oil and gas company’s stock after selling 31,682 shares during the quarter. Exxon Mobil accounts for about 0.8% of CIBC Private Wealth Group LLC’s investment portfolio, making the stock its 22nd largest holding. CIBC Private Wealth Group LLC owned about 0.10% of Exxon Mobil worth $458,699,000 at the end of the most recent quarter.

Other hedge funds have also recently added to or reduced their stakes in the company. CIBC Bancorp USA Inc. acquired a new stake in Exxon Mobil during the third quarter worth about $67,907,000. Tcfg Wealth Management LLC lifted its holdings in Exxon Mobil by 32.5% in the third quarter. Tcfg Wealth Management LLC now owns 14,300 shares of the oil and gas company’s stock worth $1,612,000 after acquiring an additional 3,506 shares during the last quarter. Oarsman Capital Inc. boosted its stake in Exxon Mobil by 2.8% in the third quarter. Oarsman Capital Inc. now owns 4,965 shares of the oil and gas company’s stock valued at $560,000 after acquiring an additional 137 shares during the period. Ariadne Wealth Management LP boosted its stake in Exxon Mobil by 56.4% in the third quarter. Ariadne Wealth Management LP now owns 2,939 shares of the oil and gas company’s stock valued at $349,000 after acquiring an additional 1,060 shares during the period. Finally, Old North State Trust LLC grew its holdings in shares of Exxon Mobil by 59.3% during the third quarter. Old North State Trust LLC now owns 15,489 shares of the oil and gas company’s stock valued at $1,746,000 after purchasing an additional 5,765 shares during the last quarter. Institutional investors and hedge funds 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: 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)

Analyst Ratings Changes

A number of brokerages have recently weighed in on XOM. Mizuho increased their price target on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a research report on Tuesday. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a research note on Tuesday, February 3rd. UBS Group reiterated a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a research note on Monday, February 2nd. Finally, Barclays boosted their price target on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $148.35.

Exxon Mobil Stock Performance

XOM opened at $157.58 on Thursday. The company has a market capitalization of $656.60 billion, a price-to-earnings ratio of 23.55, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $160.45. The business has a 50 day moving average price of $144.16 and a two-hundred day moving average price of $125.61.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period last year, the firm earned $1.67 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. Research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the sale, the vice president directly owned 23,584 shares in the company, valued at approximately $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 can be accessed through this hyperlink. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last quarter. 0.03% of the stock is owned by 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.