BI Asset Management Fondsmaeglerselskab A S Cuts Stake in Exxon Mobil Corporation $XOM

BI Asset Management Fondsmaeglerselskab A S cut its holdings in Exxon Mobil Corporation (NYSE:XOMFree Report) by 48.9% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 219,230 shares of the oil and gas company’s stock after selling 209,988 shares during the period. BI Asset Management Fondsmaeglerselskab A S’s holdings in Exxon Mobil were worth $24,718,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. Financial Alternatives Inc lifted its holdings in shares of Exxon Mobil by 1.4% in the third quarter. Financial Alternatives Inc now owns 9,626 shares of the oil and gas company’s stock worth $1,085,000 after buying an additional 131 shares in the last quarter. Savant Capital LLC boosted its holdings in shares of Exxon Mobil by 5.1% during the 3rd quarter. Savant Capital LLC now owns 285,158 shares of the oil and gas company’s stock valued at $32,152,000 after purchasing an additional 13,823 shares during the last quarter. Unison Advisors LLC grew its position in shares of Exxon Mobil by 0.9% during the third quarter. Unison Advisors LLC now owns 21,997 shares of the oil and gas company’s stock valued at $2,480,000 after purchasing an additional 193 shares in the last quarter. Post Resch Tallon Group Inc. increased its holdings in shares of Exxon Mobil by 2.7% in the third quarter. Post Resch Tallon Group Inc. now owns 7,433 shares of the oil and gas company’s stock worth $838,000 after purchasing an additional 192 shares during the last quarter. Finally, Lokken Investment Group LLC boosted its stake in Exxon Mobil by 3.7% during the third quarter. Lokken Investment Group LLC now owns 25,263 shares of the oil and gas company’s stock valued at $2,848,000 after buying an additional 894 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have issued reports on XOM. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research note on Tuesday. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a research note on Wednesday. UBS Group restated a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a report on Monday. Finally, Citigroup increased their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a report on Wednesday, December 10th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $140.59.

View Our Latest Research Report on XOM

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’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 completion of the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Over the last three months, insiders sold 11,000 shares of company stock worth $1,406,570. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Trading Up 2.7%

Shares of XOM opened at $147.58 on Thursday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $147.84. 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 company’s fifty day simple moving average is $124.49 and its 200-day simple moving average is $116.81. The company has a market cap of $622.37 billion, a P/E ratio of 22.06, a P/E/G ratio of 15.25 and a beta of 0.39.

Exxon Mobil (NYSE:XOMGet Free Report) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.67 EPS. As a group, analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Exxon Mobil News Summary

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

  • Positive Sentiment: Evercore ISI reaffirmed its buy view on Exxon, reinforcing buy-side support and helping momentum into the trade. Evercore ISI Keeps Their Buy Rating on Exxon Mobil (XOM)
  • Positive Sentiment: Analysts highlight Exxon’s record output and large buybacks as potential re-rating catalysts — the “bull case” story that could increase returns and justify higher multiples. The Bull Case For Exxon Mobil (XOM) Could Change Following Record Output And Massive Buybacks – Learn Why
  • Positive Sentiment: TD Cowen raised its price target to $145 and kept a buy rating, adding another constructive analyst signal supporting further upside. TD Cowen Raise
  • Positive Sentiment: Market commentary (CNBC’s “Final Trades”) and intraday flows showed buying interest — the stock rallied in recent sessions as investors leaned into the execution narrative. Exxon Mobil on CNBC’s ‘Final Trades’
  • Neutral Sentiment: Wells Fargo trimmed its target slightly to $156 but kept an overweight rating — a modest tweak that is not a directional change to their thesis. Wells Fargo Lowers Price Target
  • Neutral Sentiment: Exxon agreed a settlement related to an arbitration with Sintana Energy (reported as a ~$9m resolution) — likely immaterial to Exxon’s overall cash flow but removes a legal overhang. Sintana Energy Settlement
  • Neutral Sentiment: Coverage pieces (Zacks, Seeking Alpha, Morningstar) are flagging XOM as a value/dividend play amid oil weakness, which drives trading interest but is not an immediate catalyst. Zacks Trending Stock
  • Negative Sentiment: BNP Paribas Exane downgraded XOM to “underperform” with a $125 target — a more bearish call that could cap upside if other shops follow. BNP Paribas Downgrade
  • Negative Sentiment: Insider sale: VP Darrin Talley sold 5,000 shares (SEC Form 4 filing) — a small-management liquidity event some investors may view as mildly negative. Insider Sale Filing

Exxon Mobil Company Profile

(Free Report)

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.

Further Reading

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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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