Exxon Mobil Corporation $XOM Shares Bought by LGT Fund Management Co Ltd.

LGT Fund Management Co Ltd. boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 30.7% in the 3rd quarter, HoldingsChannel reports. The institutional investor owned 48,410 shares of the oil and gas company’s stock after acquiring an additional 11,364 shares during the quarter. LGT Fund Management Co Ltd.’s holdings in Exxon Mobil were worth $5,421,000 at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in XOM. Norges Bank acquired a new position in shares of Exxon Mobil in the 2nd quarter worth approximately $6,163,719,000. First Trust Advisors LP boosted its stake in shares of 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 period. Cerity Partners LLC grew its holdings in shares of Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after purchasing an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC increased its stake in 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 worth $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. increased its stake 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 worth $301,310,000 after buying an additional 1,454,308 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Crude prices have surged past $100/barrel and are trading well above February levels, which lifts upstream margins and cash flow for integrated producers like Exxon. Oil Stocks Rise as Crude Prices Surge Past $100 Per Barrel
• Positive Sentiment: Exxon is actively reshaping fuel flows — shipping gasoline from the U.S. Gulf Coast to Australia for the first time and publicly weighing a return to Venezuela — showing operational agility that can protect supply, support margins, and justify a stronger valuation if sustained. Exxon Mobil Adjusts Global Supply And Valuation Story As Risks Rise
• Positive Sentiment: Macro positioning: institutional flows and options activity indicate Wall Street is “pricing in” a $100+ oil regime, which benefits large integrated producers (XOM and peers) via higher realized commodity prices and near-term cash generation. Wall Street Is Quietly Pricing In $100 Oil
• Neutral Sentiment: Broker consensus remains conservative — XOM carries a consensus “Hold” from brokerages, indicating analysts are not yet moving to bullish rating upgrades despite the oil spike. That can limit immediate multiple expansion. Exxon Mobil Receives Consensus Rating of “Hold”
• Neutral Sentiment: Exxon is highlighted among elite dividend payers, underscoring long-term income appeal even if near-term stock moves are volatile — supportive for buy-and-hold investors but less relevant for short-term traders. These 7 Elite Dividend Stocks Pay $114 Billion Annually
• Negative Sentiment: Market caution: despite a >25% oil price spike since the Iran conflict began, oil stocks broadly have “barely budged,” suggesting investors are taking a wait-and-see stance on how sustained the rally will be and whether demand or political risks will reverse gains. That skepticism can cap XOM upside until clarity emerges. Oil Prices Have Spiked More Than 25% Since the Iran Conflict Began
• Negative Sentiment: Extreme volatility risk: headlines projecting oil could hit new all-time highs (e.g., scenarios above $140) raise macro and regulatory risk — very high oil can feed inflation and recession risk, which could eventually pressure equities including energy names if demand softens. Oil Could Break its All-Time Record and Hit $148 Per Barrel

Exxon Mobil Trading Up 0.4%

Shares of NYSE:XOM opened at $151.31 on Monday. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $159.60. The company’s 50 day moving average is $138.89 and its two-hundred day moving average is $123.33. 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 has a market cap of $630.47 billion, a PE ratio of 22.62, a P/E/G ratio of 1.24 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the previous year, the company earned $1.67 EPS. Equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

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 issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis 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%.

Analysts Set New Price Targets

XOM has been the subject of several recent research reports. Mizuho set a $140.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Barclays upped their price objective on Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Finally, Bank of America upped their price target on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average target price of $143.41.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 2,150 shares of the company’s stock in a transaction dated Monday, March 2nd. The stock was 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 directly owned 18,204 shares of the company’s stock, valued at approximately $2,872,955.28. This represents a 10.56% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Over the last ninety days, insiders sold 16,380 shares of company stock worth $2,227,734. 0.03% of the stock is owned by insiders.

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.