Sax Wealth Advisors LLC lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 18.3% in the fourth quarter, Holdings Channel reports. The firm owned 30,537 shares of the oil and gas company’s stock after purchasing an additional 4,734 shares during the period. Sax Wealth Advisors LLC’s holdings in Exxon Mobil were worth $3,675,000 at the end of the most recent quarter.
A number of other institutional investors and hedge funds have also recently bought and sold shares of the business. Norges Bank purchased a new stake in Exxon Mobil during the second quarter worth approximately $6,163,719,000. Northern Trust Corp raised its stake in shares of Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock valued at $4,963,934,000 after acquiring an additional 445,283 shares during the period. Franklin Resources Inc. raised its stake in shares of Exxon Mobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after acquiring an additional 2,660,910 shares during the period. Capital Research Global Investors lifted its holdings in shares of Exxon Mobil by 0.4% during the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock valued at $3,790,773,000 after acquiring an additional 127,466 shares in the last quarter. Finally, Fisher Asset Management LLC lifted its holdings in shares of Exxon Mobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock valued at $3,517,179,000 after acquiring an additional 340,785 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.
Insider Buying and Selling
In other Exxon Mobil 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 owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.
Exxon Mobil Stock Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The company 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 firm’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the company posted $1.67 EPS. On average, research analysts forecast 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 was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. Exxon Mobil’s payout ratio is 61.58%.
Analysts Set New Price Targets
A number of analysts recently weighed in on the stock. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. TD Cowen boosted their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Bank of America upped their target price on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a research note on Tuesday, February 3rd. Finally, Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Nine research 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. According to data from MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and a consensus price target of $148.89.
View Our Latest Research Report on Exxon Mobil
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Bernstein raised its price target on Exxon to $195 (from $159) and kept an Outperform rating after updating its energy models — a direct bullish signal for investor expectations and valuation. Bernstein Analyst Sees “Right Tail Risk,” Raises Exxon Mobil (XOM) Price Target
- Positive Sentiment: Exxon has a team in Venezuela evaluating upstream opportunities and infrastructure, which could expand future production optionality if projects progress. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
- Positive Sentiment: Exxon participated in an industry-first fully automated offshore well execution in Guyana alongside Halliburton and partners — a demonstration of tech-driven efficiency that can lower costs and improve returns on new wells. Halliburton (HAL) Is Up 6.7% After First Fully Automated Offshore Well in Guyana – What’s Changed
- Positive Sentiment: Market flows into energy amid the Middle East conflict pushed Exxon’s market cap and sector momentum higher as investors rotate to high-yield, cash-generative oil majors. Exxon Mobil tops Nvidia in valuation amid the ongoing Middle East conflict
- Neutral Sentiment: Producers are increasingly pursuing non-U.S. acreage (“an old-fashioned land grab”) as peaking U.S. shale and geopolitical shifts reshape upstream strategies — a long-term thematic tailwind but with execution and geopolitical risk. Producers Are Looking Far Afield for Oil. It’s ‘An Old-Fashioned Land Grab.
- Neutral Sentiment: Oil prices showed short-term easing on de‑escalation hopes, underscoring continued volatility — keeps Exxon exposed to swings in geopolitical headlines. Oil Eases on De‑Escalation Buzz but Risks Persist: 3 Stocks to Watch
- Negative Sentiment: Analyst and media notes warn of short-term volatility and the need for a longer-term view; pullbacks on de‑escalation or weakening oil prices could pressure the stock despite positive fundamentals. 2 Predictions For Oil Stocks in April
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.
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