Momentous Wealth Management Inc. Trims Stock Holdings in Exxon Mobil Corporation $XOM

Posted by Scott Moore on Mar 13th, 2026

Momentous Wealth Management Inc. decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 53.6% during the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 2,909 shares of the oil and gas company’s stock after selling 3,363 shares during the quarter. Exxon Mobil comprises approximately 0.2% of Momentous Wealth Management Inc.’s portfolio, making the stock its 25th biggest holding. Momentous Wealth Management Inc.’s holdings in Exxon Mobil were worth $328,000 as of its most recent SEC filing.

Other institutional investors have also recently made changes to their positions in the company. Huber Capital Management LLC grew its position in shares of Exxon Mobil by 51.2% in the third quarter. Huber Capital Management LLC now owns 40,369 shares of the oil and gas company’s stock valued at $4,552,000 after purchasing an additional 13,669 shares in the last quarter. Sweeney & Michel LLC lifted its holdings in Exxon Mobil by 2.7% during the 3rd quarter. Sweeney & Michel LLC now owns 4,310 shares of the oil and gas company’s stock worth $477,000 after purchasing an additional 112 shares in the last quarter. Certuity LLC boosted its stake in Exxon Mobil by 4.6% in the 3rd quarter. Certuity LLC now owns 104,845 shares of the oil and gas company’s stock worth $11,821,000 after purchasing an additional 4,651 shares during the period. South Plains Financial Inc. boosted its stake in Exxon Mobil by 40.0% in the 3rd quarter. South Plains Financial Inc. now owns 8,239 shares of the oil and gas company’s stock worth $929,000 after purchasing an additional 2,353 shares during the period. Finally, Acorns Advisers LLC grew its holdings in Exxon Mobil by 13.3% during the 3rd quarter. Acorns Advisers LLC now owns 10,125 shares of the oil and gas company’s stock valued at $1,142,000 after buying an additional 1,190 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil Price Performance

Shares of XOM stock traded up $1.39 during trading on Friday, hitting $154.92. The company had a trading volume of 1,399,541 shares, compared to its average volume of 20,963,051. The stock’s 50-day moving average is $141.31 and its two-hundred day moving average is $124.28. The stock has a market capitalization of $645.50 billion, a price-to-earnings ratio of 23.26, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35. 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 Corporation has a 52 week low of $97.80 and a 52 week high of $159.60.

Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly 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 analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company earned $1.67 EPS. As a group, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed 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 2.7%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Analyst Upgrades and Downgrades

XOM has been the topic of a number of recent analyst reports. Citigroup increased their price target on shares of Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Bank of America increased their target price on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. TD Cowen boosted their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. Finally, Wells Fargo & Company decreased their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus price target of $146.00.

Get Our Latest Stock Report on XOM

Key Exxon Mobil News

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

Positive Sentiment: Brent and WTI have jumped (Brent above $100), driven by Middle East tensions; higher crude directly supports Exxon’s refining & upstream margins and revenue outlook. Oil holds above $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war
Positive Sentiment: The EIA projects higher oil prices in 2026 and WTI topping $90, which supports Exxon’s Permian and Guyana production growth assumptions and long-term cash flow. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
Positive Sentiment: Piper Sandler raised its price target on XOM to $186 and moved to “overweight,” signaling institutional conviction in further upside tied to higher oil and Exxon’s growth plan. Piper Sandler raises XOM price target to $186 – Benzinga
Positive Sentiment: Exxon reiterated an ambitious outlook (targeting ~13% EPS CAGR through 2030) and is positioning capital toward high-return Permian/Guyana barrels — supportive for long-term earnings growth. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
Positive Sentiment: Global producers (e.g., Saudi Aramco) warn the Iran war could be “catastrophic” for supply — comments that push oil higher and benefit majors like Exxon. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
Positive Sentiment: Operationally, Exxon has prepared a Gulf Coast fuel shipment to Australia, showing demand-driven commercial activity and diversified marketing avenues. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
Neutral Sentiment: Analyses and stock screeners highlight Exxon’s dividend yield and large-market-cap stability; useful for income investors but less immediately price-moving than oil/analyst headlines. Exxon Mobil (XOM): Dividend Royalty With A $630B Market Cap | 2-Minute Analysis
Neutral Sentiment: Coverage pieces ask if Exxon’s rally already reflects value; these frame investor caution but don’t change fundamentals immediately. Is Exxon Mobil (XOM) Still Attractive After Strong Five-Year Share Price Gains?
Negative Sentiment: Political talk of tapping the U.S. Strategic Petroleum Reserve (SPR) to lower fuel costs could increase near-term supply and cap crude prices, a potential headwind for Exxon’s near-term margin tailwinds. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs

Insider Transactions at Exxon Mobil

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 value 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 represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Insiders have sold 16,380 shares of company stock valued at $2,227,734 in the last ninety days. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Company Profile

(Free Report)

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.