Academy Capital Management lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 262.6% in the third quarter, HoldingsChannel.com reports. The firm owned 44,784 shares of the oil and gas company’s stock after purchasing an additional 32,432 shares during the period. Exxon Mobil comprises 0.7% of Academy Capital Management’s investment portfolio, making the stock its 20th largest position. Academy Capital Management’s holdings in Exxon Mobil were worth $5,049,000 as of its most recent SEC filing.
Other large investors also recently modified their holdings of the company. Norges Bank purchased a new stake in Exxon Mobil in the second quarter worth about $6,163,719,000. Northern Trust Corp increased its position in Exxon Mobil by 1.0% during the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after buying an additional 445,283 shares in the last quarter. Franklin Resources Inc. increased its position in Exxon Mobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Capital Research Global Investors raised its stake in Exxon Mobil by 0.4% during the third quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after buying an additional 127,466 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its holdings in Exxon Mobil by 3.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock worth $3,611,553,000 after acquiring an additional 1,126,912 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Analyst Ratings Changes
Several equities analysts have recently weighed in on the company. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Royal Bank Of Canada upped their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Citigroup increased their price objective on shares of Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Finally, UBS Group reaffirmed a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and a consensus target price of $148.35.
Insider Buying and Selling at Exxon Mobil
In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, 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 position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last 90 days, insiders sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is owned by insiders.
Key Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Shift in investor narrative — coverage argues XOM’s outlook is improving as analysts and investors bake in higher oil-price assumptions and re-rate Exxon’s valuation, supporting momentum in the shares. Read More.
- Positive Sentiment: Analyst upgrades and higher targets — several firms (including Barclays and Mizuho) have raised price targets, which boosts buy-side conviction and helps push XOM toward 52-week highs. Read More.
- Positive Sentiment: Project acceleration in Guyana — Exxon says a new floating production facility is nearly complete and will speed project startups, implying earlier cash flow from high-margin barrels. Read More.
- Positive Sentiment: Balance-sheet strength highlighted — analysts note Exxon’s low leverage and healthy cash generation make it resilient to commodity swings and able to capitalize on higher prices. Read More.
- Neutral Sentiment: Sector tailwind — energy stocks broadly are rising today, so part of XOM’s move is market-driven rather than purely company-specific. Read More.
- Neutral Sentiment: Exploration step in Greece — a JV including ExxonMobil is moving to next-phase exploration off Greece; potential upside is long‑dated and high risk, so it’s a watch item rather than immediate upside. Read More.
- Negative Sentiment: Insider sale disclosed — a vice president sold ~1,080 shares; while small, insider selling can create short-term sentiment noise for some investors. Read More.
- Negative Sentiment: Regional security risk — a nearby refinery (SAMREF) tied to regional partners was reportedly targeted in an aerial attack (minimal impact reported), underscoring geopolitical tail‑risks that can push oil volatility and create episodic market swings. Read More.
Exxon Mobil Trading Up 0.4%
Shares of NYSE:XOM opened at $158.19 on Friday. The stock’s 50-day simple moving average is $144.87 and its two-hundred day simple moving average is $125.84. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The stock has a market capitalization of $659.16 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.23 and a beta of 0.35. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $160.45.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results 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. The business had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.67 earnings per share. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.
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.
See Also
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