iA Global Asset Management Inc. Raises Position in Exxon Mobil Corporation $XOM

iA Global Asset Management Inc. lifted its stake in Exxon Mobil Corporation (NYSE:XOM) by 17.1% in the third quarter, Holdings Channel.com reports. The firm owned 178,847 shares of the oil and gas company’s stock after buying an additional 26,162 shares during the period. iA Global Asset Management Inc.’s holdings in Exxon Mobil were worth $20,165,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the stock. Vanguard Group Inc. increased its position in Exxon Mobil by 0.3% during the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock valued at $46,468,147,000 after acquiring an additional 1,111,231 shares during the last quarter. Geode Capital Management LLC boosted its stake in shares of Exxon Mobil by 0.4% during the 2nd quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after purchasing an additional 342,967 shares during the period. Norges Bank bought a new position in Exxon Mobil during the 2nd quarter valued at about $6,163,719,000. Bank of New York Mellon Corp raised its position in Exxon Mobil by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock worth $5,023,298,000 after purchasing an additional 1,274,860 shares during the period. Finally, Charles Schwab Investment Management Inc. lifted its stake in Exxon Mobil by 3.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock worth $3,611,553,000 after purchasing an additional 1,126,912 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.0%

Shares of NYSE XOM opened at $134.93 on Friday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $135.98. The firm has a market cap of $569.03 billion, a PE ratio of 19.61, a price-to-earnings-growth ratio of 8.51 and a beta of 0.37. The business has a fifty day simple moving average of $120.74 and a two-hundred day simple moving average of $115.27. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. The firm had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The business’s revenue for the quarter was down 5.2% on a year-over-year basis. During the same quarter last year, the firm posted $1.92 earnings per share. Analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $1.03 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a dividend yield of 3.1%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the company. Sanford C. Bernstein cut their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Morgan Stanley reduced their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday. Wells Fargo & Company boosted their target price on shares of Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a research note on Thursday, December 11th. Finally, Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of $131.84.

More Exxon Mobil News

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

• Positive Sentiment: JPMorgan raised its price target on XOM by $9, providing a direct analyst-driven valuation bump that can support upside and investor confidence. Exxon Mobil (XOM) Price Target Raised by $9 at JPMorgan
• Positive Sentiment: DBS initiated/returned a Buy on XOM, adding another positive analyst endorsement that can drive flows into the stock. Exxon Mobil (XOM) Receives a Buy from DBS
• Positive Sentiment: Exxon broke ground on a Baytown refinery project to expand diesel and lubricant base-stock capacity — a capital allocation move that supports downstream margin expansion and longer-term earnings resilience. Exxon Mobil breaks ground on Baytown refinery project for diesel and lubricant base stocks
• Positive Sentiment: Zacks and other notes flag that Exxon has the mix of factors likely to produce an earnings beat in the upcoming quarterly release — expectations that tend to lift the stock into reporting. Exxon Mobil (XOM) Expected to Beat Earnings Estimates: Should You Buy?
• Neutral Sentiment: Exxon is scheduled to post quarterly results on Friday — the timing concentrates focus and volatility around the print. Exxon Mobil (XOM) Projected to Post Quarterly Earnings on Friday
• Neutral Sentiment: TV mentions (CNBC) and broader media coverage are giving XOM visibility; such coverage can amplify short-term flows but is not a fundamental driver. Kimberly Clark, S&P Global, Exxon Mobil And A Health Care Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Analysts remain mixed on energy names, with some preferring fee‑based midstream peers (EPD) for stability — a comparative view that can temper multiple expansion for major integrated oil names like Exxon. ExxonMobil vs. EPD: Which Energy Stock Boasts Better Prospects?
• Negative Sentiment: Macro/geopolitical noise and softer crude prices remain risk factors; market skittishness from macro headlines can pressure energy equities despite company-level positives. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead
• Negative Sentiment: Some analyst pieces highlight that softer oil (near $60) still exposes Exxon’s upstream results; weaker commodity realizations could cap near‑term upside. How Exxon Mobil’s Integrated Strengths Offset Crude Price Weakness

Insider Buying and Selling at Exxon Mobil

In other news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.03% of the company’s stock.

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.