Pitcairn Co. lowered its holdings in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 31.8% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 32,867 shares of the oil and gas company’s stock after selling 15,296 shares during the period. Pitcairn Co.’s holdings in Exxon Mobil were worth $3,706,000 at the end of the most recent quarter.
Several other institutional investors also recently made changes to their positions in the stock. Westfuller Advisors LLC acquired a new position in Exxon Mobil during the 3rd quarter valued at approximately $30,000. Bare Financial Services Inc grew its position in shares of Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Clayton Financial Group LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter worth about $40,000. TruNorth Capital Management LLC lifted its position in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after purchasing an additional 181 shares during the last quarter. 61.80% of the stock is owned by institutional investors.
Insiders Place Their Bets
In other news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction dated Monday, March 2nd. The shares were sold at an average price of $157.82, for a total transaction of $339,313.00. Following the completion of the transaction, the vice president owned 18,204 shares in the company, valued at approximately $2,872,955.28. This trade represents a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Over the last three months, insiders have sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is currently owned by corporate insiders.
Analyst Upgrades and Downgrades
View Our Latest Stock Report on Exxon Mobil
Key Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical disruption around the Strait of Hormuz has pushed oil prices higher, creating a near‑term revenue and cash‑flow tailwind for integrated producers like Exxon. Read More.
- Positive Sentiment: Exxon has scheduled a large physical shipment (about 600,000 barrels) of mostly gasoline from the U.S. Gulf Coast to Australia — evidence of active commercial positioning amid global fuel tightness. Read More.
- Positive Sentiment: Macro/investor flows favor the HALO trade (Heavy Asset, Low Obsolescence), giving energy majors like Exxon a defensive appeal versus more cyclical/fast‑obsolescing sectors. Read More.
- Positive Sentiment: Some analysts and boutiques have nudged fair‑value estimates and price targets higher into the mid‑$140s–$180s range, keeping XOM in focus for income/value investors. Read More.
- Neutral Sentiment: Exxon’s investor presentation at the Morgan Stanley Energy & Power conference provided incremental detail but no fresh guidance; such events tend to support clarity rather than drive headline moves. Read More.
- Neutral Sentiment: Sector headlines are mixed (energy outperformance vs. intra‑day profit‑taking); some banks raised targets into the ~$150 area but kept cautious ratings, signaling limited consensus on sustained upside. Read More.
- Negative Sentiment: An Exxon VP sold 2,150 shares (disclosed Form 4); while modest and routine, insider sales can be viewed negatively by short‑term traders. Read More.
- Negative Sentiment: Analysts warn that sustained regional conflict could threaten production/transport logistics, raising uncertainty on near‑term volumes and costs despite higher prices. Read More.
Exxon Mobil Stock Performance
XOM opened at $150.98 on Friday. The business has a 50 day moving average price of $138.24 and a two-hundred day moving average price of $122.80. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company has a market capitalization of $629.10 billion, a price-to-earnings ratio of 22.57, a price-to-earnings-growth ratio of 1.23 and a beta of 0.35. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly 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. The company had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the firm earned $1.67 EPS. Research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be given a $1.03 dividend. The ex-dividend date is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. Exxon Mobil’s payout ratio is 61.58%.
About Exxon Mobil
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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