Wilmington Savings Fund Society FSB Lowers Position in Exxon Mobil Corporation $XOM

Wilmington Savings Fund Society FSB cut its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 16.6% during the 3rd quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 302,405 shares of the oil and gas company’s stock after selling 60,378 shares during the quarter. Exxon Mobil comprises 0.8% of Wilmington Savings Fund Society FSB’s investment portfolio, making the stock its 26th biggest holding. Wilmington Savings Fund Society FSB’s holdings in Exxon Mobil were worth $34,096,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. Westfuller Advisors LLC bought a new stake in shares of Exxon Mobil during the 3rd quarter valued at $30,000. Bare Financial Services Inc grew its position in shares of Exxon Mobil by 121.8% in the 2nd 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. Clayton Financial Group LLC bought a new position in shares of Exxon Mobil in the 3rd quarter worth about $40,000. TruNorth Capital Management LLC lifted its position in Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of XOM opened at $158.86 on Wednesday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $160.45. The company has a market capitalization of $661.92 billion, a P/E ratio of 23.75, a price-to-earnings-growth ratio of 1.23 and a beta of 0.35. The firm has a 50 day moving average of $143.38 and a 200 day moving average of $125.38. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the prior year, the firm posted $1.67 EPS. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, equities research 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 declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Key Exxon Mobil News

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

• Positive Sentiment: Barclays raised its price target to $163 and reiterated a buy/overweight stance, reinforcing bullish analyst momentum and near‑term upside expectations. Barclays Increases Exxon Mobil (NYSE:XOM) Price Target to $163.00
• Positive Sentiment: Geopolitical supply risk (Strait of Hormuz/Iran) pushed crude above $100/bbl, which supports higher near‑term cash flow and earnings outlook for integrated oil majors like Exxon. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
• Positive Sentiment: Multiple analyst upgrades and target bumps (coverage pieces note dual upgrades) have pushed XOM toward 52‑week highs and increased momentum/trader interest. Exxon Mobil stock climbs following dual analyst upgrades
• Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — a lift to consensus targets but not a directional buy endorsement. Mizuho raises price target to $162
• Neutral Sentiment: Some of XOM’s move is market‑driven: broader S&P and energy sector leadership amid rising oil prices is supporting the rally rather than company‑specific news alone. The biggest things driving the S&P 500 higher despite $103 oil
• Negative Sentiment: Insider sale: VP Darrin L. Talley sold 1,080 shares (~$168k), a small disclosure but one investors watch for signaling; this adds a modest headwind to sentiment. SEC filing for insider sale
• Negative Sentiment: A critical analyst piece warned Exxon could be a “latecomer” to some energy opportunities, a cautionary note that may temper momentum traders. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Insiders sold 11,460 shares of company stock worth $1,687,854 over the last 90 days. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on XOM. Royal Bank Of Canada upped their price objective on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Wells Fargo & Company reduced their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Bank of America lifted their price objective on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Finally, BMO Capital Markets reissued a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a 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 given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and an average price target of $148.35.

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.