Abacus Planning Group Inc. Sells 3,517 Shares of Exxon Mobil Corporation $XOM

Abacus Planning Group Inc. cut its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 20.7% in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund owned 13,452 shares of the oil and gas company’s stock after selling 3,517 shares during the period. Abacus Planning Group Inc.’s holdings in Exxon Mobil were worth $1,619,000 as of its most recent filing with the SEC.

A number of other hedge funds have also recently bought and sold shares of XOM. Cerity Partners LLC boosted its holdings 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 valued at $217,162,000 after buying an additional 4,015,099 shares during the last quarter. Franklin Resources Inc. raised its position in Exxon Mobil by 7.4% during the third 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. Mercer Global Advisors Inc. ADV lifted its stake in 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 acquiring an additional 2,546,791 shares during the last quarter. AQR Capital Management LLC grew its position in shares of Exxon Mobil by 105.4% in the 3rd quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company’s stock valued at $329,797,000 after acquiring an additional 1,501,235 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Exxon Mobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after acquiring an additional 1,454,308 shares during the period. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Royal Bank Of Canada upped their target price on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Piper Sandler boosted their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday, March 12th. Wells Fargo & Company dropped their price objective 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. TD Cowen raised their price objective on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Finally, Loop Capital set a $123.00 target price on Exxon Mobil in a research note on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $152.39.

Exxon Mobil News Summary

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

• Positive Sentiment: Citi and other analysts have raised forecasts/targets for XOM, signaling stronger analyst conviction and supporting upside momentum. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Exxon’s Golden Pass LNG JV is slated to supply Italy from June, a commercial win that supports near-term LNG volumes and cash flow visibility. Exclusive: Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Positive Sentiment: Energy led Q1 performance as oil rallied on Middle East tensions, lifting sector earnings outlook and keeping investor interest in majors like Exxon. Energy Dominated Q1 2026 As The Broader Market Stumbled
• Neutral Sentiment: Wall Street debate: some outlets updated Exxon’s fair value higher (reflecting oil assumptions), but the revisions show the upside is now more dependent on sustained high oil prices. How The ExxonMobil (XOM) Investment Story Is Shifting With Oil Prices And Cash Return Debates
• Neutral Sentiment: Consensus analyst stance remains largely cautious-to-neutral (average “Hold”), limiting the force of upgrades unless guidance or macro factors change materially. Exxon Mobil Corporation (NYSE:XOM) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Barron’s argues oil stocks look “tapped out” — crude pop hasn’t translated to proportional gains in oil equities, implying limited additional upside and greater vulnerability to profit-taking. Oil Stocks Look Tapped Out. Why It’s Time to Move Into Other Sectors.
• Negative Sentiment: Earlier intraday volatility and reports of energy-stock routs show Exxon can pull back quickly if oil prices retrace or geopolitical risk premia fade. Exxon leads energy stock rout, on pace for biggest drop in a year

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Over the last ninety days, insiders sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of Exxon Mobil stock opened at $160.63 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock has a market capitalization of $669.31 billion, a price-to-earnings ratio of 24.01, a price-to-earnings-growth ratio of 1.11 and a beta of 0.29. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41. The company has a 50-day simple moving average of $152.53 and a two-hundred day simple moving average of $129.95.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company 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 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Analysts forecast 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. Shareholders 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 yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

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.