Exxon Mobil Corporation $XOM Stock Holdings Increased by Econ Financial Services Corp

Econ Financial Services Corp increased its stake in Exxon Mobil Corporation (NYSE:XOM) by 547.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 42,458 shares of the oil and gas company’s stock after acquiring an additional 35,903 shares during the period. Exxon Mobil makes up about 2.6% of Econ Financial Services Corp’s holdings, making the stock its 7th largest holding. Econ Financial Services Corp’s holdings in Exxon Mobil were worth $5,109,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Westfuller Advisors LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at about $30,000. Clayton Financial Group LLC purchased a new stake in shares of Exxon Mobil during the third quarter worth approximately $40,000. TruNorth Capital Management LLC raised its holdings in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares in the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its stake in Exxon Mobil by 307.0% in the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock worth $46,000 after acquiring an additional 307 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Exxon Mobil News Summary

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

• Positive Sentiment: Citi raised its XOM price target to $175 (from $150), citing a renewed structural interest in oil names amid tight markets; that upgrade helped underpin investor enthusiasm even though the firm kept a “neutral” rating. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Energy-sector rally driven by higher oil and geopolitical risk boosted large integrateds like Exxon; sector headlines (including jumps in LNG and project names) lifted sentiment across peers. Venture Global Jumps as Oil Rally Ignites Energy Stocks
• Positive Sentiment: Commercial progress on Exxon’s LNG footprint: Reuters reports Italy will begin receiving LNG from the Golden Pass (QatarEnergy–Exxon JV) in June, which supports medium‑term LNG volumes and revenue diversification. Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Neutral Sentiment: Broader market fundamentals remain constructive: FactSet notes S&P 500 earnings growth staying strong, which supports risk appetite into cyclicals — a tailwind for energy in a bull market, but not specific to Exxon’s near-term price action. What Oil Shock? S&P 500 Estimates Keep Rising. These Stocks’ Views Rise Most.
• Negative Sentiment: Volatility tied to Iran/conflict headlines is a two‑way risk: signs of de‑escalation have triggered quick oil drops and a rapid unwind in energy longs, producing steep intra‑day declines for Exxon in recent sessions. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
• Negative Sentiment: Analyst sentiment is mixed — some trims to ratings and notes that the rally may be “stretched” mean downside risk if oil retraces materially; investors should watch oil, shipping/Strait of Hormuz headlines and positioning. Market summary and analyst notes on XOM

Analysts Set New Price Targets

A number of equities research analysts have commented on the stock. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. HSBC lifted their price objective on shares of Exxon Mobil from $135.00 to $158.00 and gave the stock a “hold” rating in a research report on Friday, March 20th. Bank of America increased their target price on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Wells Fargo & Company cut their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Finally, Barclays upped their price objective on Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. One investment analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $152.39.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $160.63 on Friday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $176.41. The firm has a market capitalization of $669.31 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company’s fifty day moving average price is $152.01 and its 200 day moving average price is $129.50.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. Exxon Mobil’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same quarter in the prior year, the firm posted $1.67 earnings per share. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given 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 2.6%. Exxon Mobil’s dividend payout ratio is 61.58%.

Exxon Mobil Company 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.