Geneos Wealth Management Inc. Trims Holdings in Exxon Mobil Corporation $XOM

Geneos Wealth Management Inc. decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 7.9% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 195,832 shares of the oil and gas company’s stock after selling 16,901 shares during the period. Geneos Wealth Management Inc.’s holdings in Exxon Mobil were worth $22,080,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of XOM. Augustine Asset Management Inc. lifted its stake in Exxon Mobil by 1.0% in the third quarter. Augustine Asset Management Inc. now owns 13,235 shares of the oil and gas company’s stock worth $1,492,000 after acquiring an additional 128 shares during the period. Blue Bell Private Wealth Management LLC raised its holdings in Exxon Mobil by 2.8% in the 3rd quarter. Blue Bell Private Wealth Management LLC now owns 10,238 shares of the oil and gas company’s stock worth $1,154,000 after purchasing an additional 283 shares in the last quarter. Arcataur Capital Management LLC lifted its position in shares of Exxon Mobil by 13.7% in the 3rd quarter. Arcataur Capital Management LLC now owns 4,801 shares of the oil and gas company’s stock worth $541,000 after purchasing an additional 577 shares during the period. Forza Wealth Management LLC boosted its stake in shares of Exxon Mobil by 2.2% during the 3rd quarter. Forza Wealth Management LLC now owns 27,558 shares of the oil and gas company’s stock valued at $3,107,000 after purchasing an additional 601 shares in the last quarter. Finally, Gries Financial LLC increased its position in shares of Exxon Mobil by 6.8% during the third quarter. Gries Financial LLC now owns 9,971 shares of the oil and gas company’s stock valued at $1,124,000 after buying an additional 632 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several analysts have commented on the stock. BNP Paribas upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Monday, December 8th. Morgan Stanley raised their target price on Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Bank of America reduced their price target on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. Wells Fargo & Company increased their price objective on Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a report on Thursday, December 11th. Finally, Piper Sandler dropped their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a report on Thursday. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $129.71.

Exxon Mobil Stock Up 3.6%

Shares of NYSE:XOM opened at $122.76 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The stock has a fifty day simple moving average of $117.84 and a two-hundred day simple moving average of $113.78. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $125.93. The stock has a market capitalization of $517.70 billion, a price-to-earnings ratio of 17.84, a PEG ratio of 7.30 and a beta of 0.37.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The firm had revenue of $57.55 billion for the quarter. On average, research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 3.4%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. 0.03% of the stock is currently owned by insiders.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: White‑house engagement on Venezuela energizes upside expectations: President Trump is meeting with major U.S. oil companies to discuss rebuilding Venezuela’s oil industry, a development investors view as opening a sizable opportunity for U.S. majors (potential future production, contracts or arbitration recoveries). Trump to Meet With Chevron and Other Oil Companies on Venezuela. What We Know.
• Positive Sentiment: Sector spotlight on U.S. operations in Venezuela boosts appetite for oil names including XOM, with analysts and retail investors re‑assessing Exxon as a potential beneficiary of policy shifts. Is Exxon Mobil Stock a Buy, Sell, or Hold for January 2026?
• Positive Sentiment: Longer‑term strategic positives: Exxon’s growing low‑carbon portfolio (CCS, hydrogen, lithium) and planned Gulf Coast projects aim to deliver stable, fee‑based cash flows — a bullish data point for investors looking past the commodity cycle. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
• Neutral Sentiment: Big‑oil caution vs. fast movers: U.S. Treasury commentary and FT reporting suggest majors may move cautiously on large Venezuela investments without guarantees, meaning potential gains could take time to materialize. Bessent says largest oil companies are likely to move slower in Venezuela
• Neutral Sentiment: Policy/claims context mixed: coverage notes that arbitration claims and guarantees around Venezuela investments remain unresolved — a reminder that political risk and timelines are uncertain. US oil companies say they need guarantees to invest in Venezuela, FT reports
• Negative Sentiment: Near‑term profit warning: Exxon flagged that falling liquids (crude) prices could reduce fourth‑quarter upstream earnings by about $800M–$1.2B, a clear headwind for near‑term results and sentiment. Exxon signals fall in fourth-quarter upstream profit
• Negative Sentiment: Analyst downgrades and lowered expectations have followed the earnings update, increasing short‑term downside risk if oil prices stay weak. Exxon Mobil (NYSE:XOM) Stock Price Down 3.3% on Analyst Downgrade

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.