New Mexico Educational Retirement Board decreased its position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 5.2% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 194,753 shares of the oil and gas company’s stock after selling 10,600 shares during the quarter. Exxon Mobil accounts for about 0.7% of New Mexico Educational Retirement Board’s holdings, making the stock its 15th biggest position. New Mexico Educational Retirement Board’s holdings in Exxon Mobil were worth $21,958,000 at the end of the most recent reporting period.
Other hedge funds have also recently bought and sold shares of the company. Maryland State Retirement & Pension System boosted its stake in shares of Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after acquiring an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares during the last quarter. Capital Counsel LLC NY raised its stake in Exxon Mobil by 0.9% in the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after purchasing an additional 460 shares during the last quarter. HORAN Wealth LLC lifted its holdings in Exxon Mobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares in the last quarter. Finally, New Age Alpha Advisors LLC lifted its holdings in Exxon Mobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock valued at $18,778,000 after purchasing an additional 8,853 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
XOM has been the subject of a number of recent research reports. Citigroup lifted 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. Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. Finally, Piper Sandler increased 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 investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and a consensus target price of $148.89.
Exxon Mobil Trading Up 1.0%
Shares of XOM stock opened at $159.75 on Friday. The firm’s 50-day simple moving average is $145.57 and its 200-day simple moving average is $126.15. 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 Corporation has a 1-year low of $97.80 and a 1-year high of $162.44. The firm has a market cap of $665.64 billion, a P/E ratio of 23.88, a PEG ratio of 1.24 and a beta of 0.35.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The firm 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%. Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.67 earnings per share. As a group, equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid 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 dividend yield of 2.6%. Exxon Mobil’s payout ratio is currently 61.58%.
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Analysts are revising earnings and targets up across the integrated-oil group after the Middle East supply shock, which supports higher oil-price assumptions and makes XOM more attractive to income/value investors. Read More.
- Positive Sentiment: HSBC raised Exxon’s price target (reported coverage) — a signal that some institutional analysts see limited downside versus current levels and are moving to higher targets. Read More.
- Positive Sentiment: Mizuho lifted XOM’s price target to $162 and raised its oil-price outlook, reflecting expectations for stronger 2026 commodity-driven cash flow. That supports valuation upgrades and positive sentiment. Read More.
- Positive Sentiment: Sector rotation into energy and materials is accelerating as the market re-prices commodity-linked assets — a technical tailwind for XOM as investors shift into energy. Read More.
- Positive Sentiment: Operational growth: Exxon is accelerating oil & gas project timelines in Guyana (new floating production facilities nearing deployment), which supports medium-term production growth and value realization. Read More.
- Positive Sentiment: Trading/marketing strength: Exxon is among firms shipping record U.S. fuel volumes to Australia to fill supply gaps, demonstrating lucrative trading opportunities amid disrupted global flows. Read More.
- Neutral Sentiment: Macro: the S&P 500 is under pressure as oil spikes past $100–$120/bbl — this drags broader risk assets even as energy names outperform; net effect for XOM is positive for revenues but mixed for market multiples. Read More.
- Neutral Sentiment: Corporate housekeeping: Exxon announced a planned redomiciliation to Texas — a structural/legal change that’s unlikely to move fundamentals near-term but matters for governance/tax positioning. Read More.
- Neutral Sentiment: Portfolio move: Exxon sold its stake in North Atlantic Energies, a small ownership shift that is not material to XOM’s consolidated results but removes a minor holding. Read More.
- Negative Sentiment: Security/damage risk: Iranian strikes damaged LNG facilities at Qatar’s Ras Laffan (Exxon is a JV partner), cutting Qatar’s export capacity by ~17% and creating multi-year repair timelines and near-term revenue losses for partners — a direct operational hit for joint ventures even as it props up energy prices globally. Read More.
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. In the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. 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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