M&G PLC Lowers Holdings in Exxon Mobil Corporation $XOM

M&G PLC reduced its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 58.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 48,628 shares of the oil and gas company’s stock after selling 68,396 shares during the quarter. M&G PLC’s holdings in Exxon Mobil were worth $5,495,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. Vanguard Group Inc. increased its stake in Exxon Mobil by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock worth $46,468,147,000 after acquiring an additional 1,111,231 shares during the last quarter. Geode Capital Management LLC increased its position in Exxon Mobil by 0.4% in the second 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 last quarter. Norges Bank purchased a new stake in Exxon Mobil during the second quarter valued at $6,163,719,000. Bank of New York Mellon Corp lifted its position in 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 valued at $5,023,298,000 after purchasing an additional 1,274,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in shares of Exxon Mobil by 3.5% in the 2nd 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 in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have recently issued reports on XOM. Citigroup upped their target price on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. UBS Group restated a “buy” rating and set a $171.00 price target on shares of Exxon Mobil in a report on Monday, February 2nd. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Finally, Royal Bank Of Canada lifted their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and a consensus target price of $140.59.

Exxon Mobil Trading Down 1.6%

Shares of NYSE XOM opened at $146.01 on Wednesday. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $156.93. The firm has a market cap of $615.75 billion, a PE ratio of 21.83, a price-to-earnings-growth ratio of 15.40 and a beta of 0.39. The business has a fifty day simple moving average of $130.47 and a two-hundred day simple moving average of $119.33. 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 announced its quarterly earnings results 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. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the firm posted $1.67 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid 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 2.8%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Exxon says it is accelerating plans to develop natural gas in Guyana, which could meaningfully expand long‑term production, LNG/gas optionality and upstream cash flow if execution stays on schedule. Exxon committed to moving fast to develop gas in Guyana, executive says
• Positive Sentiment: Bernstein reaffirmed its buy rating on XOM, a vote of confidence from a well‑followed house that can support investor sentiment and limit downside from negative news. Bernstein Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Scotiabank expresses a constructive view on Exxon’s FY2026 earnings outlook, suggesting upside to consensus estimates that could support the stock if results/guide beat expectations. Scotiabank Has Positive View of Exxon Mobil FY2026 Earnings
• Neutral Sentiment: Options market activity shows notable positioning around near‑term strikes — indicating hedging and some speculative flows, but not a clear directional trade; could increase short‑term volatility without signaling a sustained move. What the Options Market Tells Us About Exxon Mobil
• Neutral Sentiment: Analyst coverage highlights mixed valuation signals — some metrics point to attractive yield/earnings power while longer‑term return projections look muted, making valuation a split case for new buyers. Assessing Exxon Mobil (XOM) Valuation As Mixed Signals Emerge On Long Term Returns
• Neutral Sentiment: Management access: Exxon will be represented at the Morgan Stanley Energy & Power Conference (March 3). The event could provide fresh guidance or clarification on strategy — a potential catalyst depending on commentary. ExxonMobil to Speak at Morgan Stanley Energy & Power Conference
• Neutral Sentiment: Elevated retail/investor attention (Zacks coverage and media mention) can increase intraday volume and swings, but doesn’t on its own dictate fundamentals. Exxon Mobil Corporation (XOM) is Attracting Investor Attention
• Neutral Sentiment: Broader retail articles on income stocks mention the sector’s appeal; these can support longer‑term investor interest in integrated oil names but are not a direct near‑term catalyst. Want Decades of Passive Income? 3 Stocks to Buy Right Now
• Negative Sentiment: The Federal Court of Australia fined Mobil Oil Australia A$16 million (~$11.3M) for misleading fuel claims — a reputational and modest financial hit that adds regulatory/legal risk in regional markets. Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
• Negative Sentiment: Street target updates show some analysts trimming price targets (example: ~$140.6 target), which sits below recent trading levels and may cap near‑term upside or contribute to downward pressure. Brokerages Set Exxon Mobil Corporation (NYSE:XOM) Target Price at $140.59

Insider Transactions at Exxon Mobil

In other Exxon Mobil 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 owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold 14,230 shares of company stock worth $1,888,421 over the last 90 days. Company insiders own 0.03% of the company’s stock.

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.