Primecap Management Co. CA Has $84.43 Million Stake in Exxon Mobil Corporation $XOM

Primecap Management Co. CA decreased its stake in Exxon Mobil Corporation (NYSE:XOM) by 82.8% in the 3rd quarter, Holdings Channel.com reports. The fund owned 748,831 shares of the oil and gas company’s stock after selling 3,616,965 shares during the quarter. Primecap Management Co. CA’s holdings in Exxon Mobil were worth $84,431,000 as of its most recent SEC filing.

A number of other institutional investors have also added to or reduced their stakes in the company. Catalyst Financial Partners LLC grew its holdings in Exxon Mobil by 1.1% during the third quarter. Catalyst Financial Partners LLC now owns 29,477 shares of the oil and gas company’s stock worth $3,324,000 after purchasing an additional 333 shares during the period. Empirical Asset Management LLC lifted its position in shares of Exxon Mobil by 84.6% in the third quarter. Empirical Asset Management LLC now owns 38,532 shares of the oil and gas company’s stock valued at $4,344,000 after buying an additional 17,656 shares during the last quarter. Willow Creek Wealth Management Inc. boosted its stake in shares of Exxon Mobil by 5.5% during the 3rd quarter. Willow Creek Wealth Management Inc. now owns 2,785 shares of the oil and gas company’s stock worth $314,000 after acquiring an additional 145 shares during the period. Bradley Foster & Sargent Inc. CT boosted its stake in shares of Exxon Mobil by 2.2% during the 3rd quarter. Bradley Foster & Sargent Inc. CT now owns 733,174 shares of the oil and gas company’s stock worth $82,665,000 after acquiring an additional 16,131 shares during the period. Finally, Vawter Financial Ltd. acquired a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $271,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key Exxon Mobil News

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

• Positive Sentiment: Wells Fargo raised its price target on XOM to $183 (from $156) and kept an Overweight rating, citing Exxon’s leadership in the sector — a direct catalyst supporting upside for the shares. Wells Fargo Increases Exxon Mobil (XOM) Price Forecast, Maintains Bullish View
• Positive Sentiment: Near-term oil price strength (Brent ~ $70.7, WTI higher) boosts revenue and margins for integrated majors like Exxon, supporting investor sentiment on upstream earnings. Oil Prices Rise. Why More Gains Could Come Thursday.
• Positive Sentiment: Coverage highlights Exxon’s involvement in low‑carbon projects (carbon capture/hydrogen partnerships mentioned alongside FuelCell Energy and Toyota), reinforcing its transition strategy and potential new revenue streams. This supports a constructive narrative for longer-term investors. Carbon Capture and Hydrogen Could Reshape FuelCell Energy
• Positive Sentiment: Macro flow into dividend-focused funds as retirees seek income can favor large dividend payers like Exxon, creating steady demand for the shares. Retirees Are Quickly Moving Into These Dividend Funds
• Positive Sentiment: Analysts and commentators are highlighting Exxon’s developing asset portfolio and outperformance versus broader indexes, reinforcing bullish narratives around operational strength and dividend yield. Is Exxon Mobil Stock Outperforming the Nasdaq? Exxon Mobil: A Strong Developing Asset Portfolio
• Neutral Sentiment: Value comparisons (e.g., Sasol vs Exxon) and articles questioning whether XOM is still attractive after a ~40% one‑year gain are prompting valuation debates—these can temper momentum but don’t change fundamentals immediately. SSL or XOM: Which Is The Better Value Stock Right Now? Is Exxon Mobil (XOM) Still Attractive After A 40% One Year Share Price Gain
• Negative Sentiment: Kashagan partners have taken Kazakhstan to arbitration over a $4.6bn ecological fine — if Exxon were materially exposed as a partner, this could pose legal/financial downside; coverage raises watchlist risk for consortium participants. Kashagan partners take Kazakhstan to arbitration over $4.6bn fine

Analyst Upgrades and Downgrades

Several research firms have commented on XOM. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. TD Cowen lifted their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Barclays increased their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. Citigroup boosted their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Finally, Jefferies Financial Group increased their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of “Hold” and a consensus target price of $140.59.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,230 shares of the stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $149.18, for a total transaction of $481,851.40. Following the sale, the vice president owned 20,354 shares in the company, valued at approximately $3,036,409.72. This trade represents a 13.70% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Over the last ninety days, insiders have sold 14,230 shares of company stock worth $1,888,421. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Down 0.4%

Shares of XOM stock opened at $148.47 on Friday. The stock has a market cap of $618.64 billion, a P/E ratio of 22.19, a price-to-earnings-growth ratio of 15.46 and a beta of 0.39. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a 50 day simple moving average of $134.92 and a 200 day simple moving average of $121.24.

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 the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.67 EPS. On average, research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

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

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.