Exxon Mobil Corporation $XOM Shares Bought by Garner Asset Management Corp

Garner Asset Management Corp increased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 75.5% in the third quarter, Holdings Channel reports. The firm owned 11,489 shares of the oil and gas company’s stock after acquiring an additional 4,943 shares during the period. Garner Asset Management Corp’s holdings in Exxon Mobil were worth $1,295,000 at the end of the most recent quarter.

Several other institutional investors also recently bought and sold shares of the business. Westfuller Advisors LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth $30,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil in the third quarter valued at about $40,000. TruNorth Capital Management LLC lifted its stake in shares of 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 purchasing an additional 335 shares in the last quarter. Bare Financial Services Inc boosted its position in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after buying an additional 201 shares during the period. Finally, Halbert Hargrove Global Advisors LLC grew 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. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Darrin L. Talley sold 3,230 shares of the business’s stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $149.18, for a total transaction of $481,851.40. Following the completion of the transaction, the vice president owned 20,354 shares in the company, valued at $3,036,409.72. The trade was a 13.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last 90 days, insiders sold 14,230 shares of company stock valued at $1,888,421. Company insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have issued reports on XOM. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Piper Sandler cut their price target on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. 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. Barclays upped their target price on Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Finally, Mizuho set a $140.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average target price of $140.59.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Exxon is accelerating carbon capture (second CCS site in Louisiana), supporting its low‑carbon credentials and potential access to new low‑carbon markets and offtake. This can improve long‑term demand visibility and ESG positioning. Here’s How XOM Is Scaling Up Its CCS Footprint to Reduce Emissions
• Positive Sentiment: Guyana exploration update: Exxon is continuing work to quantify gas resources at the Stabroek Block — a meaningful potential source of long‑life gas volumes that could underpin LNG/chemical feedstock growth. Exxon working to determine gas resource at Stabroek Block, Guyana minister says
• Positive Sentiment: End‑market tailwinds: reports highlight expanding polyethylene demand (packaging, automotive, construction) and a growing industrial‑robotics lubricants market where Exxon is a named player — both support downstream/chemical margins and aftermarket product demand. United States Polyethylene Industry Report 2025 Industrial Robotics Lubricants Market Size
• Positive Sentiment: Near‑term oil price support from Middle East tensions is boosting energy sector sentiment, which typically helps major integrated producers’ revenues and cash flow. Trump And Iran Put Oil Prices Near Six-Month Highs
• Neutral Sentiment: An analyst piece examines Exxon’s shifting geopolitical and LNG exposure — useful context for investors but not an immediate catalyst; implications depend on project timelines and contracting. What Exxon Mobil (XOM)’s Shifting Geopolitical and LNG Exposure Means For Shareholders
• Neutral Sentiment: Forbes review explains factors behind Exxon’s ~50% rally — helpful for understanding past momentum (energy cycle, buybacks, dividends) but also highlights why some investors may be locking in gains. What Fueled Exxon Mobil’s 50% Run?
• Negative Sentiment: Valuation and long‑term growth trade‑offs: coverage flags concerns about stretched valuation after the rally and the risk/reward of pushing long‑term oil growth projects vs. returns — a key reason for profit‑taking pressure. Exxon Mobil Weighs Long Term Oil Growth Against Valuation And Risk

Exxon Mobil Trading Down 2.6%

Exxon Mobil stock opened at $147.12 on Friday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93. The firm’s 50-day moving average is $132.29 and its 200-day moving average is $120.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market cap of $613.00 billion, a P/E ratio of 21.99, a PEG ratio of 15.66 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last announced 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. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the prior year, the firm earned $1.67 EPS. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, equities analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

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.