Pensionfund Sabic bought a new stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) during the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 31,200 shares of the oil and gas company’s stock, valued at approximately $3,755,000. Exxon Mobil comprises about 1.0% of Pensionfund Sabic’s holdings, making the stock its 22nd biggest position.
Several other hedge funds also recently bought and sold shares of XOM. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil in the third quarter valued at $30,000. Clayton Financial Group LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth about $40,000. TruNorth Capital Management LLC raised its stake in Exxon Mobil by 1,595.2% in the 3rd 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. Bare Financial Services Inc raised its stake in 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 valued at $39,000 after purchasing an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in Exxon Mobil by 95.8% in the 3rd 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 in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Analyst Ratings Changes
Several research firms have issued reports on XOM. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. HSBC upped their price objective on shares of Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Morgan Stanley decreased their target price on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Citigroup lifted their target price on shares of Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Finally, Bank of America boosted their price target on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Hold” and an average price target of $148.89.
Exxon Mobil Stock Down 1.4%
Shares of NYSE:XOM opened at $163.10 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The firm has a market cap of $679.59 billion, a price-to-earnings ratio of 24.38, a PEG ratio of 1.29 and a beta of 0.35. The stock’s 50-day moving average price is $147.75 and its two-hundred day moving average price is $127.32. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $167.48.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the firm posted $1.67 EPS. On average, research analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.5%. Exxon Mobil’s dividend payout ratio is 61.58%.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk in the Middle East has pushed oil prices higher and lifted energy stocks broadly, supporting Exxon’s recent rally as investors price in tighter supply. As the Oil Shock Sends Energy Stocks Soaring, Buy These 3 Now
- Positive Sentiment: Exxon has a team in Venezuela assessing oil and gas resources and infrastructure — a potential source of upstream growth if sanctions/terms allow commercial activity. That signals management is exploring reserve and production upside. CERAWEEK Exxon says its team is in Venezuela evaluating oil opportunities
- Positive Sentiment: ExxonMobil Guyana Ltd. has begun FEED activity for the Longtail FPSO (contract awarded to SBM Offshore), confirming ongoing capital deployment in high-return Guyana developments that underpin future production growth. SBM Offshore awarded FEED contracts for the Longtail project in Guyana
- Positive Sentiment: Multiple analyst pieces and commentary highlight potential earnings upside for big oil (including Exxon) from higher crude prices tied to the Iran-related conflict — supportive for forward earnings expectations. Exxon Mobil: Iran War Creates Earnings Upside
- Neutral Sentiment: Market commentary and stock‑pick pieces continue to profile XOM as a long‑term core energy holding; these long‑horizon endorsements support steady buy interest but don’t eliminate near‑term volatility. 2 of the Best Oil Stocks to Buy Now and Hold for Decades
- Neutral Sentiment: Price forecasts and analyst models (e.g., price‑prediction pieces) keep XOM on investors’ radar but vary widely; these generate trading activity without a clear directional catalyst. XOM Stock Price Prediction
- Negative Sentiment: Chatter about de‑escalation has intermittently pulled oil prices back, and macro / war‑related risks (economic dislocation if conflict widens) create downside volatility for energy shares. That fear-driven selling helps explain today’s decline. Oil Eases on De-Escalation Buzz but Risks Persist: 3 Stocks to Watch
- Negative Sentiment: Broader economic and market risks from a prolonged U.S.-Iran conflict (signal from bond and oil market stress) could dent industrial demand and investor risk appetite, pressuring cyclicals like XOM if the situation worsens. Economic risks of U.S. war on Iran keep mounting
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president 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 document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last ninety days. Corporate insiders own 0.03% of the company’s stock.
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.
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