Exxon Mobil Corporation $XOM Shares Sold by Argent Capital Management LLC

Argent Capital Management LLC lowered its holdings in Exxon Mobil Corporation (NYSE:XOM) by 2.7% in the fourth quarter, HoldingsChannel reports. The firm owned 641,955 shares of the oil and gas company’s stock after selling 18,013 shares during the quarter. Exxon Mobil makes up approximately 2.2% of Argent Capital Management LLC’s holdings, making the stock its 15th biggest holding. Argent Capital Management LLC’s holdings in Exxon Mobil were worth $77,253,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Norges Bank purchased a new position in shares of Exxon Mobil in the 2nd quarter valued at about $6,163,719,000. Northern Trust Corp boosted its holdings in Exxon Mobil by 1.0% in the third 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 purchasing an additional 445,283 shares in the last quarter. Franklin Resources Inc. raised its stake 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 worth $4,366,655,000 after acquiring an additional 2,660,910 shares in the last quarter. Capital Research Global Investors boosted its position in shares of Exxon Mobil by 0.4% in the 3rd 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 purchasing an additional 127,466 shares during the period. Finally, Charles Schwab Investment Management Inc. grew its stake in Exxon Mobil by 3.5% during the 2nd 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 buying an additional 1,126,912 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

XOM has been the subject of a number of recent research reports. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a research note on Wednesday, February 4th. HSBC raised their target price on shares of Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research note on Friday. Royal Bank Of Canada boosted 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 lifted their price target on Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, TD Cowen upped their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Nine research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $148.89.

Exxon Mobil Stock Up 1.0%

Shares of NYSE:XOM opened at $159.75 on Friday. The stock has a market capitalization of $665.64 billion, a price-to-earnings ratio of 23.88, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $162.44. 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 company’s fifty day moving average is $145.57 and its two-hundred day moving average is $126.15.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 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 firm 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 was down 1.3% compared to the same quarter last year. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the business’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. The trade was a 5.93% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 11,460 shares of company stock valued at $1,687,854 over the last three months. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Exxon Mobil

Here are the key news stories impacting Exxon Mobil this week:

• Positive Sentiment: Analysts are revising earnings and targets up across the integrated-oil group after the Middle East supply shock, which supports higher oil-price assumptions and makes XOM more attractive to income/value investors. Read More.
• Positive Sentiment: HSBC raised Exxon’s price target (reported coverage) — a signal that some institutional analysts see limited downside versus current levels and are moving to higher targets. Read More.
• Positive Sentiment: Mizuho lifted XOM’s price target to $162 and raised its oil-price outlook, reflecting expectations for stronger 2026 commodity-driven cash flow. That supports valuation upgrades and positive sentiment. Read More.
• Positive Sentiment: Sector rotation into energy and materials is accelerating as the market re-prices commodity-linked assets — a technical tailwind for XOM as investors shift into energy. Read More.
• Positive Sentiment: Operational growth: Exxon is accelerating oil & gas project timelines in Guyana (new floating production facilities nearing deployment), which supports medium-term production growth and value realization. Read More.
• Positive Sentiment: Trading/marketing strength: Exxon is among firms shipping record U.S. fuel volumes to Australia to fill supply gaps, demonstrating lucrative trading opportunities amid disrupted global flows. Read More.
• Neutral Sentiment: Macro: the S&P 500 is under pressure as oil spikes past $100–$120/bbl — this drags broader risk assets even as energy names outperform; net effect for XOM is positive for revenues but mixed for market multiples. Read More.
• Neutral Sentiment: Corporate housekeeping: Exxon announced a planned redomiciliation to Texas — a structural/legal change that’s unlikely to move fundamentals near-term but matters for governance/tax positioning. Read More.
• Neutral Sentiment: Portfolio move: Exxon sold its stake in North Atlantic Energies, a small ownership shift that is not material to XOM’s consolidated results but removes a minor holding. Read More.
• Negative Sentiment: Security/damage risk: Iranian strikes damaged LNG facilities at Qatar’s Ras Laffan (Exxon is a JV partner), cutting Qatar’s export capacity by ~17% and creating multi-year repair timelines and near-term revenue losses for partners — a direct operational hit for joint ventures even as it props up energy prices globally. Read More.

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.