Red Door Wealth Management LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 28.0% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 47,181 shares of the oil and gas company’s stock after buying an additional 10,332 shares during the period. Red Door Wealth Management LLC’s holdings in Exxon Mobil were worth $5,320,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other institutional investors also recently bought and sold shares of the business. Norges Bank acquired a new stake in shares of Exxon Mobil in the second quarter worth $6,163,719,000. Kingstone Capital Partners Texas LLC purchased a new stake in Exxon Mobil in the second quarter valued at $607,621,000. First Trust Advisors LP boosted its holdings in Exxon Mobil by 150.2% in the second 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 last quarter. Cerity Partners LLC grew its position in Exxon Mobil by 200.7% during 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 purchasing an additional 4,015,099 shares during the period. Finally, Laurel Wealth Advisors LLC raised its stake in shares of Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after buying an additional 3,066,736 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Oil-price rebound lifts energy stocks — Oil jumped after tensions around Venezuelan oil exports and related military actions raised short-term supply concerns, providing an immediate tailwind for integrated oil names like Exxon. Read More.
- Positive Sentiment: Accelerated exploration in Trinidad — ExxonMobil says it will launch an offshore seismic survey in Trinidad & Tobago as soon as February 2026, signaling an earlier-than-expected push on upstream resource appraisal that could support longer-term production growth. Read More.
- Positive Sentiment: Permian operations cited as a resiliency driver — Analysts highlight Exxon’s low-cost Permian footprint as a source of margin resilience if prices soften, reinforcing investor confidence in cash flow stability. Read More.
- Positive Sentiment: Bullish investor write-ups increase interest — Multiple bullish pieces (Seeking Alpha calls and other buy-themed commentary) are circulating, which can amplify buying interest among retail and sentiment-driven traders. Read More. Read More.
- Neutral Sentiment: Recent performance and trending interest noted — Coverage noting that XOM has outpaced the market and is a trending ticker may attract attention but doesn’t by itself change fundamentals. Read More. / Read More.
Exxon Mobil Price Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The business had revenue of $57.55 billion for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. As a group, research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a dividend of $1.03 per share. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.5%. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.
Analyst Upgrades and Downgrades
Several analysts recently commented on the company. Wells Fargo & Company raised their target price on Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Cowen restated a “buy” rating on shares of Exxon Mobil in a research report on Friday, December 12th. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Barclays lowered their price target on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Finally, Bank of America cut their price objective on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average price target of $129.45.
View Our Latest Report on Exxon Mobil
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the transaction, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Company insiders own 0.03% of the company’s stock.
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.
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