Mirae Asset Global Investments Co. Ltd. Has $81.93 Million Stake in Exxon Mobil Corporation $XOM

Mirae Asset Global Investments Co. Ltd. increased its position in Exxon Mobil Corporation (NYSE:XOM) by 12.9% in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 726,668 shares of the oil and gas company’s stock after buying an additional 82,747 shares during the quarter. Mirae Asset Global Investments Co. Ltd.’s holdings in Exxon Mobil were worth $81,932,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also recently modified their holdings of the company. Vanguard Group Inc. increased its stake in shares of Exxon Mobil by 0.3% in the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock valued at $46,468,147,000 after buying an additional 1,111,231 shares during the period. Geode Capital Management LLC lifted its position in shares of Exxon Mobil by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after purchasing an additional 342,967 shares during the period. Norges Bank bought a new stake in shares of Exxon Mobil in the 2nd quarter valued at $6,163,719,000. Bank of New York Mellon Corp increased its position in shares of Exxon Mobil by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock worth $5,023,298,000 after buying an additional 1,274,860 shares during the period. Finally, Charles Schwab Investment Management Inc. raised its stake in Exxon Mobil by 3.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock worth $3,611,553,000 after buying an additional 1,126,912 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by insiders.

More Exxon Mobil News

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

• Positive Sentiment: Exxon and BYD deepen hybrid EV collaboration — a new MoU expands joint R&D, standards work and supply‑chain support, reinforcing XOM’s position in low‑carbon fuel/lubricant and hybrid tech markets (partnership seen as strategic for long‑term demand diversification). BYD & ExxonMobil Boost Cooperation in Hybrid EV Innovation
• Positive Sentiment: Reuters also reports the BYD tie‑up — broader confirmation from major media increases credibility and investor interest in the strategic partnership. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
• Positive Sentiment: Exxon advancing carbon capture and low‑carbon initiatives — plans to expand CCS projects along the U.S. Gulf Coast (Texas, Louisiana) and evaluate a low‑carbon data center could support longer‑term emissions targets and access to decarbonization markets. Here’s How XOM Is Using CCS to Cut Emissions & Power Data-Driven World
• Positive Sentiment: UBS reiterates a buy rating — continued buy support from a major bank lends credibility to the bullish case and may underpin upside sentiment. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Neutral Sentiment: Analyst previews and bullish writeups highlight valuation and dividend support but flag cyclical risks — several pieces argue for a solid long‑term case while noting near‑term exposure to oil price swings. Exxon: Oil Is Everywhere, Energy Isn’t (Earnings Preview)
• Neutral Sentiment: Market expectations ahead of Q4 earnings are mixed — Zacks pieces note refining strength may offset softer upstream results if crude prices remain subdued; Q4 results are a near‑term catalyst. ExxonMobil’s Q4 Earnings on Deck: Should You Stay Invested or Exit?
• Neutral Sentiment: Exploration work: seismic survey offshore Trinidad signals ongoing growth/production optionality, but value will depend on results and timelines. Exxon Advances Trinidad Deepwater Plans as Exploration Work Takes Shape
• Negative Sentiment: Bank of America raised its price target but maintained a neutral rating — the new $135 target sits slightly below current levels, which could cap near‑term upside if other analysts echo a cautious stance. BofA price target update (coverage)

Wall Street Analysts Forecast Growth

A number of brokerages have commented on XOM. Sanford C. Bernstein cut their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. TD Cowen restated a “buy” rating on shares of Exxon Mobil in a research report on Monday. Jefferies Financial Group lifted their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Mizuho lifted their price objective on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a research note on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus target price of $132.74.

Exxon Mobil Price Performance

XOM stock opened at $137.70 on Thursday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The business has a 50-day simple moving average of $121.84 and a two-hundred day simple moving average of $115.74. The company has a market capitalization of $580.69 billion, a P/E ratio of 20.01, a price-to-earnings-growth ratio of 8.92 and a beta of 0.37. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $138.01.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company had revenue of $83.33 billion during the quarter, compared to the consensus estimate of $83.09 billion. During the same quarter in the prior year, the company posted $1.92 earnings per share. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 annualized dividend and a dividend yield of 3.0%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is 59.88%.

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.