Assenagon Asset Management S.A. lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 72.9% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 1,260,718 shares of the oil and gas company’s stock after selling 3,395,441 shares during the quarter. Assenagon Asset Management S.A.’s holdings in Exxon Mobil were worth $151,715,000 at the end of the most recent quarter.
Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Eagle Capital Management LLC grew its stake in shares of Exxon Mobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP acquired a new stake in Exxon Mobil during the first quarter valued at approximately $305,000. Sivia Capital Partners LLC lifted its stake in Exxon Mobil by 1.9% during the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after purchasing an additional 207 shares during the last quarter. United Bank boosted its holdings in Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after buying an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. boosted its holdings in Exxon Mobil by 17.4% during the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after buying an additional 5,443 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.
Exxon Mobil Stock Performance
XOM stock opened at $165.22 on Wednesday. The firm has a 50 day simple moving average of $147.09 and a 200 day simple moving average of $127.07. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $167.48. The stock has a market cap of $688.42 billion, a P/E ratio of 24.70, a P/E/G ratio of 1.26 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.
Exxon Mobil Announces Dividend
The business 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. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. Exxon Mobil’s dividend payout ratio is 61.58%.
Insider Activity
In related news, VP Darrin L. Talley sold 1,080 shares of the 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 completion of the sale, the vice president directly owned 17,124 shares in the company, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders sold 11,460 shares of company stock worth $1,687,854 in the last ninety days. 0.03% of the stock is currently owned by company insiders.
Trending Headlines about Exxon Mobil
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
Wall Street Analyst Weigh In
Several research firms have issued reports on XOM. Piper Sandler upped their price target on Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a report on Thursday, March 12th. TD Cowen raised their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Mizuho lifted their target price on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. HSBC boosted their target price on Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research report on Friday, March 20th. Finally, Jefferies Financial Group upped their target price on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and an average target price of $148.89.
Read Our Latest Stock Report on XOM
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.
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.
