Centaurus Financial Inc. Boosts Position in Exxon Mobil Corporation $XOM

Centaurus Financial Inc. grew its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 14.2% during the third quarter, HoldingsChannel reports. The firm owned 47,595 shares of the oil and gas company’s stock after buying an additional 5,936 shares during the period. Centaurus Financial Inc.’s holdings in Exxon Mobil were worth $5,366,000 as of its most recent SEC filing.

Other institutional investors have also made changes to their positions in the company. Westfuller Advisors LLC acquired a new position in Exxon Mobil in the 3rd quarter worth $30,000. Bare Financial Services Inc increased its position in shares of Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil in the third quarter worth about $40,000. TruNorth Capital Management LLC boosted its holdings in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in 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 purchasing an additional 181 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 1.0%

Shares of NYSE XOM opened at $158.86 on Wednesday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock’s 50 day moving average price is $143.38 and its two-hundred day moving average price is $125.38. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $160.45. The stock has a market capitalization of $661.92 billion, a P/E ratio of 23.75, a PEG ratio of 1.23 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results 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. The business had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s quarterly revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the business earned $1.67 EPS. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.6%. Exxon Mobil’s payout ratio is presently 61.58%.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Geopolitical risk lifted crude above $100/bbl, supporting energy names and Exxon’s revenue outlook in the near term — supply concerns around the Strait of Hormuz drove the rally. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Positive Sentiment: Barclays reiterated a buy/overweight stance and raised its price target (boosting bullish analyst momentum), which supports further upside expectations. Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Multiple analyst upgrades and target increases have pushed XOM toward 52-week highs, reinforcing momentum and investor interest in the stock. Exxon Mobil stock climbs following dual analyst upgrades
• Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — a modest positive for price target consensus but not a directional buy signal. Mizuho raises price target to $162
• Neutral Sentiment: Broad market leadership and S&P momentum have helped lift XOM alongside other energy stocks, meaning some of the move is market-driven rather than company-specific. The biggest things driving the S&P 500 higher despite $103 oil
• Neutral Sentiment: Coverage pieces highlighting Exxon’s role in the S&P 500 and dividend appeal reinforce long-term investor interest but are less likely to move the stock immediately. Exxon Mobil mapping its reach across the S&P 500
• Negative Sentiment: An insider sale: VP Darrin L. Talley sold 1,080 shares — a small disclosure but some investors watch insider selling for signal of near-term conviction. SEC filing for insider sale
• Negative Sentiment: A critical analyst note (downgrade/negative take) warned about Exxon potentially being a “latecomer” to some energy opportunities, which could caution momentum traders. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)

Insider Buying and Selling at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several research firms have issued reports on XOM. Barclays lifted their price objective on Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday. Royal Bank Of Canada increased their target price on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research note on Monday, February 2nd. Sanford C. Bernstein dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Mizuho upped their price target on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday. Finally, Jefferies Financial Group increased their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $148.35.

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.