Pinkerton Wealth LLC Boosts Stake in Exxon Mobil Corporation $XOM

Pinkerton Wealth LLC lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 7.6% in the 3rd quarter, Holdings Channel reports. The fund owned 49,384 shares of the oil and gas company’s stock after acquiring an additional 3,502 shares during the quarter. Pinkerton Wealth LLC’s holdings in Exxon Mobil were worth $5,568,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds also recently made changes to their positions in XOM. Norges Bank purchased a new stake in Exxon Mobil in the second quarter worth $6,163,719,000. First Trust Advisors LP lifted its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the period. Cerity Partners LLC boosted its holdings in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after buying an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC grew its position in shares of Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. grew its position in shares of Exxon Mobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after buying an additional 1,454,308 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Roundup

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

• Positive Sentiment: Middle East supply cuts and Strait of Hormuz disruptions sent WTI sharply higher, tightening global oil supply — a direct tailwind for integrated producers like Exxon. Wall Street Is Pointing to the 1990 Gulf War Playbook — And the Signal Is Unmistakable
• Positive Sentiment: Analysts and sector write-ups note crude near/above $100 (and headlines of much higher levels), which improves near-term revenue and cash-flow prospects for Exxon’s upstream and refined-product margins. Oil Prices Jump on Geopolitical Tensions: 3 Energy Stocks to Watch
• Positive Sentiment: Exxon is taking operational steps to address tight fuel markets (shipping gasoline from the U.S. Gulf to Australia) and is positioning strategically (weighing a return to Venezuela), underscoring operational flexibility and resilience. Exxon Mobil Adjusts Global Supply And Valuation Story As Risks Rise
• Positive Sentiment: BofA raised its XOM price target from $131 to $151, and UBS remains constructive (Buy, $171 PT), providing analyst-level support for the stock’s valuation as chemicals/ margins recover. Exxon Mobil Corporation (XOM) Price Target Raised to $151 Exxon Mobil: Buy Rating on Undervalued Recovery in Chemicals…
• Neutral Sentiment: Energy ETFs and sector premarket action were higher, reflecting a broad-sector reaction to crude; that lifts sector sentiment but does not guarantee stock-specific gains. Sector Update: Energy Stocks Rise Premarket Monday
• Neutral Sentiment: Commentary notes that despite a >25% spike in oil since the Iran conflict began, oil majors have been cautious / in a wait-and-see mode — suggesting market participants may delay re-rating XOM until earnings visibility improves. Oil Prices Have Spiked More Than 25% Since the Iran Conflict Began…
• Neutral Sentiment: Brokerage consensus remains roughly a “Hold,” indicating mixed expectations from the analyst community that could limit a sharp re-rating absent clearer earnings upside. Exxon Mobil Corporation (NYSE:XOM) Receives Consensus Rating of “Hold” from Brokerages
• Negative Sentiment: Several commentators highlighted that despite the crude surge, Exxon (and peers) have “barely moved” — the disconnect suggests investors may be pricing in risks (duration of conflict, refining/transport constraints, or tax/regulatory/headline risk) rather than rewarding the oil spike immediately. CNBC’s Brian Sullivan: Oil Up 9.5% But Exxon and Chevron Barely Moved…

Exxon Mobil Price Performance

XOM opened at $150.43 on Tuesday. The firm has a market cap of $626.80 billion, a PE ratio of 22.49, a P/E/G ratio of 1.24 and a beta of 0.35. The stock has a 50-day moving average price of $139.49 and a 200-day moving average price of $123.62. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $159.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for 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%. Exxon Mobil’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 EPS. Sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued 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 dividend yield of 2.7%. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 2,150 shares of the firm’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total transaction of $339,313.00. Following the completion of the sale, the vice president owned 18,204 shares of the company’s stock, valued at $2,872,955.28. This trade represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 16,380 shares of company stock worth $2,227,734 over the last ninety days. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on XOM shares. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Wells Fargo & Company decreased their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Finally, Jefferies Financial Group boosted their price target on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research report on Wednesday, December 10th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Hold” and an average target price of $143.41.

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.