Northstar Advisory Group LLC raised its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 148.2% in the fourth quarter, HoldingsChannel reports. The fund owned 51,047 shares of the oil and gas company’s stock after purchasing an additional 30,478 shares during the quarter. Exxon Mobil makes up approximately 2.2% of Northstar Advisory Group LLC’s holdings, making the stock its 12th largest holding. Northstar Advisory Group LLC’s holdings in Exxon Mobil were worth $6,143,000 as of its most recent SEC filing.
Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Westfuller Advisors LLC acquired a new stake in Exxon Mobil in the 3rd quarter valued at $30,000. Clayton Financial Group LLC bought a new stake in Exxon Mobil during the 3rd quarter valued at $40,000. TruNorth Capital Management LLC raised its holdings in Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares during the last quarter. Halbert Hargrove Global Advisors LLC lifted its stake in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares in the last quarter. Finally, Marquette Asset Management LLC lifted its stake in shares of Exxon Mobil by 307.0% in the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after buying an additional 307 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 5,000 shares of the company’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 value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last quarter. 0.03% of the stock is currently owned by corporate insiders.
Exxon Mobil Price 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 (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 the consensus estimate of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.67 earnings per share. On average, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.
Exxon Mobil Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Golden Pass LNG reached first production (Train 1 ~6 MTPA), bringing incremental U.S. export capacity online and supporting future LNG sales and cash flow for Exxon via the QatarEnergy JV. Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
- Positive Sentiment: Management commentary and market reports indicate Exxon is benefiting from higher oil prices and supply disruption (Strait of Hormuz), putting the company on track for one of its strongest quarters — a direct tailwind for revenues and free cash flow. Exxon Mobil Is on Track for Its Best Quarter Ever
- Positive Sentiment: Exxon’s Shute Creek asset is highlighted as strategically important amid a growing helium shortage, underscoring non‑oil revenue optionality and the company’s strong cash generation profile. Helium “Tsunami” to Hit Chipmakers — The Surprising Winner to Profit From the Coming Shortage
- Neutral Sentiment: Union workers at Exxon’s Baton Rouge refining and chemical complex ratified a new four‑year contract, reducing near‑term labor disruption risk at a major operational site. Union workers ratify contract at Exxon Louisiana complex, sources say
- Negative Sentiment: Reports (WSJ/Yahoo) say Exxon scientists flagged that its high‑profile $500M algae biofuels program was underperforming while executives continued to promote it to investors — a reputational/strategic risk that could invite scrutiny and dent investor confidence. Exxon Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.
- Negative Sentiment: Intraday selling pressure appears linked to energy sector weakness and reports that some investors are pricing in easing geopolitical risk — profit‑taking that offsets some of Exxon’s fundamental tailwinds. Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts
Analyst Upgrades and Downgrades
Several equities research analysts have recently commented on XOM shares. Bank of America boosted their target price on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Scotiabank raised shares of Exxon Mobil to a “strong-buy” rating in a research report on Friday, March 27th. TD Cowen lifted their price target on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a report on Tuesday, February 3rd. Finally, Wells Fargo & Company lowered their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $151.00.
Check Out Our Latest Research Report on XOM
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.
Read More
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
