Davidson Trust Co. lowered its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 16.5% during the third quarter, Holdings Channel reports. The firm owned 30,943 shares of the oil and gas company’s stock after selling 6,096 shares during the period. Exxon Mobil comprises 1.4% of Davidson Trust Co.’s portfolio, making the stock its 15th largest holding. Davidson Trust Co.’s holdings in Exxon Mobil were worth $3,489,000 as of its most recent filing with the SEC.
Other institutional investors also recently modified their holdings of the company. Norges Bank bought a new stake in Exxon Mobil during the second quarter valued at $6,163,719,000. Kingstone Capital Partners Texas LLC acquired a new position in shares of Exxon Mobil in the 2nd quarter valued at about $607,621,000. First Trust Advisors LP boosted its position in shares of Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after purchasing an additional 4,563,707 shares in the last quarter. Cerity Partners LLC grew its stake in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after purchasing an additional 4,015,099 shares during the period. Finally, Laurel Wealth Advisors LLC increased its holdings in Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Insider Transactions at Exxon Mobil
In other news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares in the company, valued at $3,349,758.96. This represents a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.03% of the stock is owned by corporate insiders.
Exxon Mobil Price Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Increases Dividend
The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a dividend of $1.03 per share. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a yield of 3.4%. Exxon Mobil’s dividend payout ratio (DPR) is 59.88%.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Market commentary highlighting XOM’s outperformance and resilience helped sentiment; analysts and write-ups point to steady cash flow, dividends and sector fundamentals as reasons investors favor the stock. Exxon Mobil (XOM) Laps the Stock Market: Here’s Why
- Positive Sentiment: Unusual options activity: about 87,148 call contracts traded (≈28% above average), indicating significant bullish positioning by traders. Large call buying can amplify short-term upside as speculators and hedgers position for further gains.
- Positive Sentiment: Fundamentals reminder — coverage highlighting Exxon’s strong cash generation (operating cash flow and multi‑billion free cash flow) and a reliable ~3.4% yield supports investor conviction in dividends, buybacks and balance-sheet strength. This underpins longer-term investor demand. 3 Cash-Flow Machines Investors May Want Heading Into 2026 (XOM)
- Neutral Sentiment: Media/influencer mention: a stock‑picking segment named XOM among a short list of “Big 3” tickers to watch in 2026 for its energy resilience. This can raise retail interest but is more narrative-driven than fundamental. The Big 3: MU, XOM, RKLB
- Negative Sentiment: Earnings preview: analysts expect Exxon’s upcoming quarter to show a single‑digit decline in bottom‑line earnings, which could cap upside or create volatility around the report if results or guidance miss expectations. Exxon Mobil’s Quarterly Earnings Preview: What You Need to Know
Analysts Set New Price Targets
A number of equities analysts have issued reports on the company. Morgan Stanley increased their price target on Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a report on Saturday, September 13th. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, Exxon Mobil presently has a consensus rating of “Hold” and an average target price of $129.45.
Check Out Our Latest Stock Analysis on Exxon Mobil
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.
See Also
- Five stocks we like better than Exxon Mobil
- Do not delete, read immediately
- The $100 Trillion AI Story No One Is Telling You
- If You Keep Cash In A U.S. Bank Account… Read This NOW
- Wall Street Stockpicker Names #1 Stock of 2026
- But this $2 Gold Stock Before May 20, 2026
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
