Formidable Asset Management LLC Has $5.83 Million Stock Position in Exxon Mobil Corporation $XOM

Formidable Asset Management LLC lessened its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.9% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 51,714 shares of the oil and gas company’s stock after selling 3,250 shares during the quarter. Exxon Mobil makes up 0.9% of Formidable Asset Management LLC’s holdings, making the stock its 24th biggest holding. Formidable Asset Management LLC’s holdings in Exxon Mobil were worth $5,831,000 as of its most recent filing with the SEC.

Other large investors also recently modified their holdings of the company. Westfuller Advisors LLC bought a new stake in Exxon Mobil during the 3rd quarter worth $30,000. Clayton Financial Group LLC bought a new position in Exxon Mobil in the third quarter valued at about $40,000. TruNorth Capital Management LLC raised its position 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 purchasing an additional 335 shares during the last quarter. Halbert Hargrove Global Advisors LLC boosted its stake in shares of Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC boosted its stake in shares of Exxon Mobil by 307.0% during the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 307 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Down 0.0%

Shares of XOM stock opened at $160.63 on Friday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a market cap of $669.31 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 1.11 and a beta of 0.29. The stock has a 50-day moving average of $152.53 and a 200-day moving average of $129.95.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the firm earned $1.67 earnings per share. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil’s payout ratio is 61.58%.

Analyst Ratings Changes

Several research analysts have recently issued reports on XOM shares. Piper Sandler upped their price objective on Exxon Mobil from $145.00 to $186.00 and gave the company an “overweight” rating in a research note on Thursday, March 12th. TD Cowen lifted their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price on the stock. in a report on Tuesday, February 3rd. Citigroup upped their price target on shares of Exxon Mobil from $150.00 to $175.00 and gave the company a “neutral” rating in a research report on Thursday. Finally, Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $152.39.

More Exxon Mobil News

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

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 1,080 shares of the company’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Over the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.

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.