Salem Investment Counselors Inc. Purchases 3,397 Shares of Exxon Mobil Corporation $XOM

Salem Investment Counselors Inc. raised its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 3.9% in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm owned 90,501 shares of the oil and gas company’s stock after purchasing an additional 3,397 shares during the quarter. Salem Investment Counselors Inc.’s holdings in Exxon Mobil were worth $10,891,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. Eagle Capital Management LLC grew its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares during the period. Caxton Associates LLP bought a new position in Exxon Mobil in the first quarter worth approximately $305,000. Sivia Capital Partners LLC raised its position in Exxon Mobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after acquiring an additional 207 shares during the period. United Bank boosted its stake in shares of Exxon Mobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. boosted its stake in shares of Exxon Mobil by 17.4% during the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after acquiring an additional 5,443 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently commented on the company. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Bank of America boosted their price target on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. UBS Group reaffirmed a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a research report on Monday, February 2nd. Finally, HSBC boosted their price objective on Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Nine investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $148.89.

Exxon Mobil Stock Down 1.4%

XOM opened at $163.10 on Thursday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $167.48. The firm’s fifty day moving average is $147.75 and its 200 day moving average is $127.32. The stock has a market cap of $679.59 billion, a price-to-earnings ratio of 24.38, a price-to-earnings-growth ratio of 1.29 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) 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, topping analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.67 EPS. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. Exxon Mobil’s dividend payout ratio is 61.58%.

Insider Activity

In related news, VP Darrin L. Talley sold 1,080 shares of Exxon Mobil stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 in the last three months. Company 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: Geopolitical risk in the Middle East has pushed oil prices higher and lifted energy stocks broadly, supporting Exxon’s recent rally as investors price in tighter supply. As the Oil Shock Sends Energy Stocks Soaring, Buy These 3 Now
• Positive Sentiment: Exxon has a team in Venezuela assessing oil and gas resources and infrastructure — a potential source of upstream growth if sanctions/terms allow commercial activity. That signals management is exploring reserve and production upside. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
• Positive Sentiment: ExxonMobil Guyana Ltd. has begun FEED activity for the Longtail FPSO (contract awarded to SBM Offshore), confirming ongoing capital deployment in high-return Guyana developments that underpin future production growth. SBM Offshore awarded FEED contracts for the Longtail project in Guyana
• Positive Sentiment: Multiple analyst pieces and commentary highlight potential earnings upside for big oil (including Exxon) from higher crude prices tied to the Iran-related conflict — supportive for forward earnings expectations. Exxon Mobil: Iran War Creates Earnings Upside
• Neutral Sentiment: Market commentary and stock‑pick pieces continue to profile XOM as a long‑term core energy holding; these long‑horizon endorsements support steady buy interest but don’t eliminate near‑term volatility. 2 of the Best Oil Stocks to Buy Now and Hold for Decades
• Neutral Sentiment: Price forecasts and analyst models (e.g., price‑prediction pieces) keep XOM on investors’ radar but vary widely; these generate trading activity without a clear directional catalyst. XOM Stock Price Prediction
• Negative Sentiment: Chatter about de‑escalation has intermittently pulled oil prices back, and macro / war‑related risks (economic dislocation if conflict widens) create downside volatility for energy shares. That fear-driven selling helps explain today’s decline. Oil Eases on De-Escalation Buzz but Risks Persist: 3 Stocks to Watch
• Negative Sentiment: Broader economic and market risks from a prolonged U.S.-Iran conflict (signal from bond and oil market stress) could dent industrial demand and investor risk appetite, pressuring cyclicals like XOM if the situation worsens. Economic risks of U.S. war on Iran keep mounting

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.