Park Edge Advisors LLC Purchases 5,880 Shares of Exxon Mobil Corporation $XOM

Park Edge Advisors LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM) by 18.4% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 37,911 shares of the oil and gas company’s stock after acquiring an additional 5,880 shares during the period. Exxon Mobil accounts for 1.0% of Park Edge Advisors LLC’s investment portfolio, making the stock its 19th biggest position. Park Edge Advisors LLC’s holdings in Exxon Mobil were worth $4,274,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. Linscomb Wealth Inc. increased its stake in shares of Exxon Mobil by 1.4% during the second quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after buying an additional 5,527 shares during the period. Jones Financial Companies Lllp boosted its holdings in Exxon Mobil by 52.3% in the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock valued at $45,149,000 after acquiring an additional 131,600 shares in the last quarter. Capital Counsel LLC NY increased its position in Exxon Mobil by 0.9% during 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 period. OneAscent Wealth Management LLC increased its position in Exxon Mobil by 116.7% during the 2nd quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after purchasing an additional 4,123 shares during the period. Finally, Wealth Management Associates Inc. raised its holdings in Exxon Mobil by 2.7% in the 1st quarter. Wealth Management Associates Inc. now owns 26,461 shares of the oil and gas company’s stock worth $3,147,000 after purchasing an additional 691 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on XOM. Morgan Stanley lifted their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. BNP Paribas raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Jefferies Financial Group upped their target price on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Mizuho increased their target price on Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Piper Sandler lifted their price target on Exxon Mobil from $141.00 to $144.00 and gave the company an “overweight” rating in a research report on Monday, November 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average price target of $129.45.

Exxon Mobil News Summary

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

• Positive Sentiment: Company actions that support returns — XOM has a long streak of dividend increases (43 years) and plans roughly $20B of buybacks in 2025, underpinning shareholder yield and capital return even if commodity prices soften. How ExxonMobil Survives Oil Price Cycles and Rewards Shareholders
• Positive Sentiment: Wall Street backing — several analysts recently raised targets or reaffirmed buy/overweight ratings (Wells Fargo, Piper Sandler, Cowen), which supports sentiment and could limit downside. MarketBeat: Exxon Mobil updates and analyst notes
• Neutral Sentiment: Commercial arrangements — DNO ASA announced North Sea offtake agreements that involve Exxon subsidiaries; this is incremental commercial activity but not a major earnings driver for XOM. DNO ASA secures offtake agreements with Exxon Mobil and Shell
• Neutral Sentiment: Valuation/momentum watch — commentary notes that recent momentum has cooled after strong one-year gains; valuation debate may keep trading range-bound absent a change in oil or macro signals. Exxon Mobil: Assessing Valuation as Recent Momentum Cools
• Negative Sentiment: Commodity headwinds — Zacks highlights WTI near ~$56 and notes pressure on upstream earnings; while Exxon’s low leverage and Permian/Guyana assets provide resilience, weaker oil prices remain a near-term earnings risk. The Zacks Analyst Blog: Exxon Mobil, Chevron and EOG Resources
• Negative Sentiment: Insider sale & market reaction — VP Darrin Talley sold 3,000 shares (avg $117.19); media coverage tied the sale to a short-term share drop, which can unsettle sentiment even if corporate fundamentals remain intact. Insider Selling: Exxon Mobil VP Sells 3,000 Shares

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. This trade represents a 9.50% 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. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Up 0.0%

NYSE XOM opened at $116.56 on Friday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $120.81. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The stock’s fifty day moving average price is $115.93 and its 200-day moving average price is $112.64. The stock has a market cap of $491.57 billion, a P/E ratio of 16.94, a P/E/G ratio of 7.35 and a beta of 0.38.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company had revenue of $57.55 billion for the quarter. As a group, equities analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were paid a $1.03 dividend. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a dividend yield of 3.5%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s payout ratio is currently 59.88%.

About Exxon Mobil

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.