Smith Chas P & Associates PA Cpas Trims Stock Holdings in Exxon Mobil Corporation $XOM

Smith Chas P & Associates PA Cpas decreased its position in Exxon Mobil Corporation (NYSE:XOM) by 37.4% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,744 shares of the oil and gas company’s stock after selling 10,579 shares during the quarter. Smith Chas P & Associates PA Cpas’ holdings in Exxon Mobil were worth $2,001,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also recently modified their holdings of XOM. Ipsen Advisor Group LLC boosted its stake in Exxon Mobil by 1.6% during the third quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company’s stock worth $637,000 after acquiring an additional 88 shares in the last quarter. Nexus Investment Management ULC lifted its holdings in shares of Exxon Mobil by 1.6% during the third quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock valued at $653,000 after purchasing an additional 89 shares during the last quarter. Sagace Wealth Management LLC boosted its position in shares of Exxon Mobil by 2.7% in the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after purchasing an additional 90 shares in the last quarter. Creative Capital Management Investments LLC grew its stake in shares of Exxon Mobil by 2.5% in the 3rd quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock worth $417,000 after buying an additional 91 shares during the last quarter. Finally, Capstone Wealth Management LLC grew its stake in shares of Exxon Mobil by 3.8% in the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock worth $285,000 after buying an additional 92 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

NYSE XOM opened at $151.65 on Wednesday. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $159.60. The stock has a 50-day moving average of $137.00 and a 200 day moving average of $122.42. 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 capitalization of $631.89 billion, a price-to-earnings ratio of 22.67, a PEG ratio of 16.00 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion for 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 business’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the business earned $1.67 EPS. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be given a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. Exxon Mobil’s dividend payout ratio is 61.58%.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the completion of the sale, the vice president owned 18,204 shares of the company’s stock, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 16,380 shares of company stock valued at $2,227,734 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts have commented on XOM shares. Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group lifted their target price on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $143.41.

Key Exxon Mobil News

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

• Positive Sentiment: Geopolitical risk pushed crude futures sharply higher (WTI and Brent), lifting integrated oil majors’ near‑term revenue and cash‑flow outlooks — a direct tailwind for Exxon. Read More.
• Positive Sentiment: Fresh analyst activity (upgrades/target raises) helped push XOM to a new 12‑month high as investors priced in stronger near‑term upside tied to higher oil. Read More.
• Positive Sentiment: Exxon says it will send a technical team to Venezuela soon — a potential path to restore or expand upstream activity if logistics/security allow, which could improve long‑term production optionality. Read More.
• Neutral Sentiment: Exxon presented at the Morgan Stanley Energy & Power Conference — useful for incremental management commentary on capex and strategy, but no market‑moving guidance was released. Read More.
• Neutral Sentiment: Banks (e.g., Bank of America, Citigroup) nudged price targets into the ~150 area while keeping neutral ratings — a modest endorsement of near‑term strength but cautious on longer‑run valuation. Read More.
• Negative Sentiment: Analysts flagged that Exxon’s production and operations could be exposed to disruptions from the U.S.–Israel conflict with Iran (Strait of Hormuz risk), adding uncertainty to volumes, costs and insurance/shipping expenses. Read More.
• Negative Sentiment: An Exxon VP (Darrin Talley) sold 2,150 shares at about $157.82; routine insider sales can be perceived negatively by some traders even if not tied to company outlook. Read More.

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.