Asempa Wealth Advisors purchased a new stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) in the fourth quarter, HoldingsChannel.com reports. The fund purchased 11,678 shares of the oil and gas company’s stock, valued at approximately $1,405,000. Exxon Mobil accounts for approximately 1.2% of Asempa Wealth Advisors’ investment portfolio, making the stock its 26th biggest holding.
Other institutional investors and hedge funds have also bought and sold shares of the company. Baker Tilly Wealth Management LLC grew its stake in Exxon Mobil by 1.0% during the fourth quarter. Baker Tilly Wealth Management LLC now owns 18,374 shares of the oil and gas company’s stock worth $2,211,000 after buying an additional 188 shares in the last quarter. Fulton Bank N.A. increased its holdings in Exxon Mobil by 1.1% in the 4th quarter. Fulton Bank N.A. now owns 64,252 shares of the oil and gas company’s stock valued at $7,732,000 after buying an additional 697 shares during the period. Financial Management Network Inc. raised its position in shares of Exxon Mobil by 4.0% in the 4th quarter. Financial Management Network Inc. now owns 5,676 shares of the oil and gas company’s stock valued at $696,000 after buying an additional 216 shares in the last quarter. O Keefe Stevens Advisory Inc. lifted its holdings in shares of Exxon Mobil by 2.3% during the 4th quarter. O Keefe Stevens Advisory Inc. now owns 30,318 shares of the oil and gas company’s stock worth $3,648,000 after acquiring an additional 695 shares during the period. Finally, Firethorn Wealth Partners LLC lifted its holdings in shares of Exxon Mobil by 3.5% during the 4th quarter. Firethorn Wealth Partners LLC now owns 5,555 shares of the oil and gas company’s stock worth $669,000 after acquiring an additional 187 shares during the period. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Trading Up 2.5%
Shares of Exxon Mobil stock opened at $165.22 on Wednesday. The firm’s 50 day moving average is $147.09 and its 200 day moving average is $127.07. The firm has a market capitalization of $688.42 billion, a PE ratio of 24.70, a price-to-earnings-growth ratio of 1.26 and a beta of 0.35. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $167.48. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.
Exxon Mobil Dividend Announcement
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.
Wall Street Analysts Forecast Growth
A number of research analysts recently issued reports on XOM shares. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price objective on shares of Exxon Mobil in a research note on Wednesday, February 4th. Bank of America upped their target price on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Mizuho raised their target price on Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Sanford C. Bernstein decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. 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 issued a Sell rating to the company. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Hold” and a consensus price target of $148.89.
View Our Latest Research Report on XOM
Insider Buying and Selling at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company’s stock.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk is lifting oil prices and buying interest in Exxon — shares hit a new all‑time high as Middle East tensions revive oil-market risk premia. Exxon Mobil Stock Surges To All-Time High Tuesday
- Positive Sentiment: Analyst support: UBS and others are keeping bullish stances/raised targets (UBS Buy, PT ~$171), underpinning demand and giving investors a valuation anchor. Exxon Mobil: Qatar LNG Disruption Manageable…
- Positive Sentiment: Project growth in Guyana continues to support long‑term production upside — ExxonMobil Guyana moving forward with FEED work and additional FPSO capacity. SBM Offshore awarded FEED contracts for the Longtail project in Guyana
- Positive Sentiment: Recent company results remain solid (quarterly EPS beat and strong revenue vs. estimates), giving investors confidence in cash flow and dividends amid higher oil. Why the Market Dipped But Exxon Mobil (XOM) Gained Today
- Neutral Sentiment: Wider market commentary and buy‑strategies highlight Exxon as a defensive oil play — useful context for long‑term investors but not immediate catalysts. 2 Oil Stocks That Can Weather the Current Volatility
- Neutral Sentiment: Notable price‑target moves and screening coverage (some targets raised to ~$158–171) keep XOM on watchlists — supports liquidity but reflects differing analyst views. Exxon Mobil (NYSE:XOM) Price Target Raised to $158.00
- Negative Sentiment: Damage from Iranian missile strikes in Qatar could cost major oil firms (including Exxon exposure in the region) roughly $5B in lost revenue — a clear near‑term earnings headwind if outages persist. Exxon Mobil Faces $5B Revenue Hit after Iran Strikes Qatar
- Negative Sentiment: Ongoing Iran war risks create broader economic and market stress; a prolonged conflict could reverse oil gains or cause volatility that hurts near‑term earnings visibility. Economic risks of U.S. war on Iran mount
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.
Further Reading
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
