Exxon Mobil Corporation $XOM is McGowan Group Asset Management Inc.’s 8th Largest Position

McGowan Group Asset Management Inc. decreased its holdings in Exxon Mobil Corporation (NYSE:XOM) by 2.7% during the third quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 248,966 shares of the oil and gas company’s stock after selling 6,782 shares during the period. Exxon Mobil comprises approximately 3.5% of McGowan Group Asset Management Inc.’s holdings, making the stock its 8th largest holding. McGowan Group Asset Management Inc.’s holdings in Exxon Mobil were worth $28,071,000 as of its most recent SEC filing.

A number of other large investors have also recently made changes to their positions in the stock. Westfuller Advisors LLC bought a new stake in Exxon Mobil during the 3rd quarter valued at about $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 period. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil during the third quarter worth approximately $40,000. TruNorth Capital Management LLC raised its stake in shares of Exxon Mobil by 1,595.2% during the third 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 in the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its holdings in shares of 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 period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Exxon presented a long-term plan at the Morgan Stanley Energy & Power Conference calling for roughly 13% compound annual earnings growth through 2030 — a bullish guidance signal that supports upside for EPS, cash flow and valuation. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
• Positive Sentiment: Geopolitical supply risk: comments from Saudi Aramco’s CEO warning that an Iran war would be “catastrophic” for oil markets have helped lift crude — a direct tailwind for Exxon’s integrated upstream and refining margins. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
• Positive Sentiment: Operational/market expansion: Reuters reports Exxon prepared its first U.S. Gulf Coast gasoline shipment to Australia — evidence of flexible supply chains and commercial reach that can capture arbitrage and refining margins. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
• Positive Sentiment: Income and investor appeal: recent commentary highlights Exxon’s long dividend streak and buybacks (Seeking Alpha/other coverage), which supports demand from income-focused investors and helps justify multiples. Exxon Mobil (XOM): Dividend Royalty With A $630B Market Cap | 2-Minute Analysis
• Neutral Sentiment: Short interest fell sharply in February (≈18.8% drop) — reduces short squeezes risk but signals fewer bearish bets; could mute volatility. (data summary; no article link)
• Neutral Sentiment: Corporate housekeeping: Exxon is pursuing a legal redomicile from New Jersey to Texas, a move framed as governance/efficiency-driven; likely neutral-to-modestly positive for valuation over time. Exxon Mobil Texas Domicile Move And What It May Mean For Valuation
• Negative Sentiment: Political headwind: President Trump said he would tap the Strategic Petroleum Reserve to lower energy costs — SPR releases can cap oil prices and hurt upstream margins, a near-term downside risk for Exxon. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Market churn: intraday swings and sector weakness on days when de‑escalation hopes surface have produced short-term pullbacks and increased volatility for energy stocks. Oil Prices Dive as Trump Gives Hope on Iran War. These Big Risks Remain for Crude.

Insider Buying and Selling

In other Exxon Mobil 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 value of $339,313.00. Following the completion of the sale, the vice president directly owned 18,204 shares in the company, 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 three months. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

Several research analysts recently issued reports on XOM shares. Jefferies Financial Group increased their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Loop Capital set a $123.00 target price on Exxon Mobil in a report on Tuesday, February 3rd. Citigroup increased their price target on Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Bank of America raised their price target 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, Morgan Stanley lowered their price objective on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $143.41.

Exxon Mobil Price Performance

Shares of XOM stock opened at $151.52 on Thursday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60. The stock’s 50-day moving average is $140.65 and its 200 day moving average is $124.07. The company has a market cap of $631.33 billion, a P/E ratio of 22.65, a PEG ratio of 1.21 and a beta of 0.35. 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 earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping 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 net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% on a year-over-year basis. During the same period in the previous year, the company posted $1.67 earnings per share. Research 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 disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.

Exxon Mobil Company 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.