Perpetual Ltd lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 88.0% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 53,416 shares of the oil and gas company’s stock after purchasing an additional 25,009 shares during the period. Perpetual Ltd’s holdings in Exxon Mobil were worth $6,428,000 as of its most recent filing with the SEC.
Other hedge funds also recently modified their holdings of the company. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil in the third quarter worth approximately $30,000. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil in the third quarter worth approximately $40,000. TruNorth Capital Management LLC lifted its stake in shares of 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 worth $40,000 after acquiring an additional 335 shares during the period. Halbert Hargrove Global Advisors LLC lifted its stake in shares of 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 period. Finally, Marquette Asset Management LLC lifted its stake in shares of 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 period. Institutional investors and hedge funds own 61.80% of the company’s stock.
Exxon Mobil Price Performance
Shares of NYSE XOM opened at $163.51 on Tuesday. The firm’s 50-day moving average price is $153.10 and its 200-day moving average price is $130.40. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41. The firm has a market capitalization of $681.32 billion, a P/E ratio of 24.44, a P/E/G ratio of 1.11 and a beta of 0.29. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.
Exxon Mobil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 5,000 shares of the company’s 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 directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last quarter. 0.03% of the stock is owned by corporate insiders.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: UBS reiterated a Buy on XOM and raised its price target to $171, backing the stock with analyst conviction that supports further upside. Exxon Mobil: Unique Helium Advantage Amid Global Supply Shock Supports Buy Rating
- Positive Sentiment: ExxonMobil’s Golden Pass LNG output tied to a JV with QatarEnergy will start supplying Italy in June, improving European supply exposure and diversifying cash flow. ExxonMobil-QatarEnergy JV Helps Italy Offset LNG Supply Gap
- Positive Sentiment: Analyst/commentary pieces highlight Exxon’s scale, diversification and resilient upstream volumes (including early Yellowtail production), reinforcing it as a top large‑cap oil holding while prices remain elevated. 2 Energy Stocks That Are No-Brainer Buys While Oil Prices Stay Elevated
- Neutral Sentiment: Coverage noting XOM has outperformed the market today, reflecting short‑term momentum but not new fundamental results. Exxon Mobil (XOM) Surpasses Market Returns: Some Facts Worth Knowing
- Neutral Sentiment: OPEC+ is considering a “paper” output increase; analysts warn this may not add real supply, producing ambiguous near‑term effects on oil prices and XOM’s outlook. OPEC+ mulls “paper” output hike as Iran war paralyzes 15% of global oil supply
- Neutral Sentiment: Media mentions (e.g., Jim Cramer) keep XOM in the spotlight, driving flows from retail/trend traders but not changing fundamentals. Jim Cramer’s 5 Stock Calls, Including Exxon, Lockheed and Upcoming CPI Data
- Negative Sentiment: Commentary warns the rally is partly an Iran‑war premium (higher risk premium on Middle East supply); if tensions ease, XOM’s rally could unwind quickly. Exxon Mobil Stock Is Trading on an Iran War Thesis. How Should You Play XOM Here?
- Negative Sentiment: Notes and pieces caution that current valuations include an “oil shock” premium—investors should be prepared for volatility if geopolitical risk recedes. Exxon Mobil: Buy, But Only If You Accept The Oil Shock Premium
- Negative Sentiment: MarketBeat warns that XOM could be a sell if Iran hostilities end and oil prices fall, highlighting downside risk to current momentum. 1 Stock To Buy And 1 To Sell If The War In Iran Ends (XOM)
Wall Street Analyst Weigh In
A number of equities analysts recently commented on the company. Bank of America lifted their price objective on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Barclays boosted their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. 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. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Finally, TD Cowen boosted their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $152.39.
Check Out 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.
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