ARS Wealth Advisors Group LLC increased its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 3.4% in the 4th quarter, HoldingsChannel reports. The fund owned 219,721 shares of the oil and gas company’s stock after acquiring an additional 7,194 shares during the period. Exxon Mobil accounts for approximately 2.4% of ARS Wealth Advisors Group LLC’s holdings, making the stock its 12th largest holding. ARS Wealth Advisors Group LLC’s holdings in Exxon Mobil were worth $26,441,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in Exxon Mobil during the 2nd quarter valued at $6,163,719,000. First Trust Advisors LP increased its position in shares of Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after purchasing an additional 4,563,707 shares during the period. Cerity Partners LLC raised its stake in shares of Exxon Mobil by 200.7% in the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after buying an additional 4,015,099 shares in the last quarter. Franklin Resources Inc. lifted its holdings in shares of Exxon Mobil by 7.4% in the third 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 during the period. Finally, Mercer Global Advisors Inc. ADV lifted its holdings in shares of Exxon Mobil by 218.4% in the third quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company’s stock valued at $155,696,000 after buying an additional 2,546,791 shares during the period. Institutional investors own 61.80% of the company’s stock.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction that occurred 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 owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. 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.
Exxon Mobil Stock Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping 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 during the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the prior year, the business earned $1.67 EPS. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. On average, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal 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 given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.5%. Exxon Mobil’s payout ratio is presently 61.58%.
Analyst Upgrades and Downgrades
A number of research analysts recently issued reports on XOM shares. HSBC lifted their target price on Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a report on Friday, March 20th. BMO Capital Markets restated a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Sanford C. Bernstein dropped their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a research note on Tuesday, February 3rd. Finally, TD Cowen raised their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Nine investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil has an average rating of “Hold” and a consensus price target of $148.89.
Read Our Latest Research Report on XOM
More Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Bernstein raised its price target on Exxon to $195 (from $159) and kept an Outperform rating after updating its energy models — a direct bullish signal for investor expectations and valuation. Bernstein Analyst Sees “Right Tail Risk,” Raises Exxon Mobil (XOM) Price Target
- Positive Sentiment: Exxon has a team in Venezuela evaluating upstream opportunities and infrastructure, which could expand future production optionality if projects progress. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
- Positive Sentiment: Exxon participated in an industry-first fully automated offshore well execution in Guyana alongside Halliburton and partners — a demonstration of tech-driven efficiency that can lower costs and improve returns on new wells. Halliburton (HAL) Is Up 6.7% After First Fully Automated Offshore Well in Guyana – What’s Changed
- Positive Sentiment: Market flows into energy amid the Middle East conflict pushed Exxon’s market cap and sector momentum higher as investors rotate to high-yield, cash-generative oil majors. Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict
- Neutral Sentiment: Producers are increasingly pursuing non-U.S. acreage (“an old-fashioned land grab”) as peaking U.S. shale and geopolitical shifts reshape upstream strategies — a long-term thematic tailwind but with execution and geopolitical risk. Producers Are Looking Far Afield for Oil. It’s ‘An Old-Fashioned Land Grab.
- Neutral Sentiment: Oil prices showed short-term easing on de‑escalation hopes, underscoring continued volatility — keeps Exxon exposed to swings in geopolitical headlines. Oil Eases on De‑Escalation Buzz but Risks Persist: 3 Stocks to Watch
- Negative Sentiment: Analyst and media notes warn of short-term volatility and the need for a longer-term view; pullbacks on de‑escalation or weakening oil prices could pressure the stock despite positive fundamentals. 2 Predictions For Oil Stocks in April
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.
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