Exxon Mobil Corporation $XOM Shares Sold by AIA Group Ltd

AIA Group Ltd lowered its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 25.0% during the 3rd quarter, Holdings Channel reports. The fund owned 67,172 shares of the oil and gas company’s stock after selling 22,346 shares during the period. AIA Group Ltd’s holdings in Exxon Mobil were worth $7,574,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently added to or reduced their stakes in the business. Strategic Investment Advisors MI grew its stake in shares of Exxon Mobil by 6.2% in the third quarter. Strategic Investment Advisors MI now owns 15,905 shares of the oil and gas company’s stock worth $1,793,000 after purchasing an additional 923 shares in the last quarter. Keel Point LLC raised its stake in shares of Exxon Mobil by 7.0% during the third quarter. Keel Point LLC now owns 26,093 shares of the oil and gas company’s stock valued at $2,942,000 after purchasing an additional 1,697 shares in the last quarter. Garde Capital Inc. lifted its holdings in Exxon Mobil by 14.7% in the third quarter. Garde Capital Inc. now owns 5,571 shares of the oil and gas company’s stock worth $628,000 after purchasing an additional 716 shares during the period. Farmers National Bank lifted its holdings in Exxon Mobil by 19.2% in the third quarter. Farmers National Bank now owns 45,520 shares of the oil and gas company’s stock worth $5,132,000 after purchasing an additional 7,320 shares during the period. Finally, Academy Capital Management grew its position in Exxon Mobil by 262.6% in the 3rd quarter. Academy Capital Management now owns 44,784 shares of the oil and gas company’s stock valued at $5,049,000 after buying an additional 32,432 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Key Headlines Impacting Exxon Mobil

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 Stock Performance

Shares of XOM opened at $158.19 on Friday. The company has a 50-day moving average of $144.87 and a two-hundred day moving average of $125.84. The stock has a market cap of $659.16 billion, a price-to-earnings ratio of 23.65, a PEG ratio of 1.23 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 one year low of $97.80 and a one year high of $160.45.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.67 earnings per share. On average, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently declared 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 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last quarter. Insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have commented on XOM shares. Jefferies Financial Group boosted their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Wells Fargo & Company lowered their price objective on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Bank of America boosted their target price on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Finally, Piper Sandler upped their target price on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $148.35.

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.