Rhumbline Advisers Sells 69,824 Shares of Exxon Mobil Corporation $XOM

Rhumbline Advisers trimmed its holdings in Exxon Mobil Corporation (NYSE:XOM) by 0.9% in the third quarter, HoldingsChannel reports. The fund owned 7,347,245 shares of the oil and gas company’s stock after selling 69,824 shares during the period. Exxon Mobil makes up 0.7% of Rhumbline Advisers’ investment portfolio, making the stock its 17th biggest position. Rhumbline Advisers’ holdings in Exxon Mobil were worth $828,402,000 at the end of the most recent reporting period.

Several other institutional investors have also added to or reduced their stakes in the business. Norges Bank bought a new stake in Exxon Mobil in the second quarter valued at approximately $6,163,719,000. First Trust Advisors LP boosted its holdings in shares of Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after purchasing an additional 4,563,707 shares during the period. Cerity Partners LLC boosted its holdings in shares of Exxon Mobil by 200.7% during the second 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. Laurel Wealth Advisors LLC grew its stake in shares of Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares during the last quarter. Finally, Bessemer Group Inc. increased its holdings in Exxon Mobil by 119.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after purchasing an additional 1,454,308 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several equities research analysts have weighed in on XOM shares. Piper Sandler dropped their price objective on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a report on Thursday, January 8th. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target for the company. in a research note on Tuesday, February 3rd. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a report on Tuesday, February 3rd. Finally, Wells Fargo & Company cut their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research note on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $140.59.

Exxon Mobil Trading Up 0.3%

NYSE:XOM opened at $151.69 on Wednesday. The firm has a market capitalization of $639.70 billion, a P/E ratio of 22.67, a PEG ratio of 15.73 and a beta of 0.39. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $151.78. The company’s 50-day simple moving average is $127.20 and its 200 day simple moving average is $117.99.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $82.31 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same period last year, the business earned $1.67 earnings per share. The business’s revenue was down 1.3% on a year-over-year basis. As a group, analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,230 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the completion of the transaction, the vice president directly owned 20,354 shares in the company, valued at $3,036,409.72. This trade represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold 14,230 shares of company stock valued at $1,888,421 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: UBS reiterated a Buy rating and highlighted benefits from Exxon’s stake in the Golden Pass LNG project, reinforcing the company’s midstream monetization and cash-generation story. Read More.
• Positive Sentiment: Unusually high volume of call options suggests speculative or hedged bullish positioning that can amplify near-term upside pressure on the stock. Read More.
• Positive Sentiment: Exxon’s regular quarterly dividend was confirmed (payment/ex‑dividend dates published), supporting income-focused demand and providing a steady cash-return rationale for holders. Read More.
• Neutral Sentiment: J.P. Morgan maintained a Buy rating (Arun Jayaram) with a $140 target — supportive for sentiment but the PT is below current market levels, making the near-term signal mixed. Read More.
• Neutral Sentiment: Zacks ran comparative and sector pieces (SSL vs XOM; energy leadership commentary) that provide relative-value and macro context rather than fresh company-specific catalysts. Read More.
• Negative Sentiment: Exxon warned EU methane rules could raise crude import costs by ~13%, a potential headwind for refiners and margins in Europe and an incremental regulatory risk to downstream economics. Read More.
• Negative Sentiment: Zacks flagged softer WTI/crude price risk that would pressure Exxon’s upstream-heavy earnings despite its cost advantages — a direct earnings sensitivity to lower oil. Read More.
• Negative Sentiment: An Exxon VP, Darrin Talley, disclosed the sale of 3,230 shares (~13.7% reduction in his reported holding); insider selling can be perceived negatively even if unrelated to company prospects. Read More.

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.