Union Bancaire Privee UBP SA Purchases 105,768 Shares of Exxon Mobil Corporation $XOM

Union Bancaire Privee UBP SA lifted its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 504.1% during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 126,750 shares of the oil and gas company’s stock after buying an additional 105,768 shares during the period. Union Bancaire Privee UBP SA’s holdings in Exxon Mobil were worth $14,836,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also bought and sold shares of XOM. Westfuller Advisors LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth approximately $30,000. Clayton Financial Group LLC bought a new position in shares of Exxon Mobil during the 3rd quarter valued at $40,000. TruNorth Capital Management LLC grew its holdings in shares of Exxon Mobil by 1,595.2% during 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 position 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 worth $39,000 after purchasing an additional 201 shares during the period. Finally, Halbert Hargrove Global Advisors LLC raised its position 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 worth $42,000 after purchasing an additional 181 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Mizuho raised its price target on XOM to $162 (from $140), upgrading its oil-price outlook and lifting near-term upside expectations for Exxon. Mizuho Lifts Exxon Mobil (XOM) Price Target on Higher Oil Price Forecast
• Positive Sentiment: Exxon is accelerating oil and gas project startups in Guyana (floating production facility nearly complete), which should boost future production growth and cash flow as high crude prices persist. Exxon accelerates oil, gas projects in Guyana amid high prices
• Positive Sentiment: Shipping data show Exxon among firms sending record volumes of US fuels to Australia this month, reflecting demand/dislocation that supports refining margins and trading gains. Exxon, BP, Vitol ship most US fuels to Australia for a single month in three decades, traders say
• Positive Sentiment: Analyst and media coverage highlights Exxon’s strong balance sheet and low leverage, which investors favor in volatile commodity/geo-political environments. What Primarily Makes ExxonMobil Resilient in Uncertain Times
• Neutral Sentiment: Exxon announced a planned redomiciliation to Texas — a corporate-structure move that is unlikely to change fundamentals immediately but may have tax/governance implications to monitor. ExxonMobil Announces Planned Redomiciliation to Texas
• Neutral Sentiment: A JV with Energean and Helleniq Energy is moving to exploration in a Greek offshore block — potential upside over the long term but exploratory and uncertain. Energean, ExxonMobil move to the next exploration phase in Greek offshore block
• Neutral Sentiment: Market pieces note oil surged toward $120, creating volatility that can both lift energy revenues and weigh on broader equities — a mixed macro headwind/tailwind for Exxon. Review & Preview: Fog of War
• Negative Sentiment: Damage to LNG facilities at Qatar’s Ras Laffan — including two LNG trains that are joint ventures with Exxon — cuts export capacity ~17%. Repairs could take 3–5 years and reduce near-term LNG volumes tied to Exxon partnerships, an operational and revenue risk. Gas Facility Damage Will Reduce Qatar’s Export Capacity by 17%

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last three months, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by company insiders.

Wall Street Analyst Weigh In

Several analysts have issued reports on XOM shares. Bank of America upped their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Morgan Stanley dropped their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Wells Fargo & Company reduced their price target on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a research report on Monday, February 2nd. Finally, Piper Sandler lifted their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Nine analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus target price of $148.89.

Exxon Mobil Stock Up 0.4%

Shares of NYSE:XOM opened at $158.19 on Friday. The firm has a market capitalization of $659.16 billion, a P/E ratio of 23.65, a P/E/G ratio of 1.23 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The stock has a 50 day moving average price of $144.87 and a 200-day moving average price of $125.84. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $160.45.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.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. As a group, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a $1.03 dividend. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio is currently 61.58%.

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.