Shum Financial Group Inc. bought a new position in Exxon Mobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, Holdings Channel.com reports. The fund bought 6,846 shares of the oil and gas company’s stock, valued at approximately $772,000.
Several other hedge funds also recently modified their holdings of XOM. Linscomb Wealth Inc. increased its holdings in shares of Exxon Mobil by 1.4% during the 2nd quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after acquiring an additional 5,527 shares during the last quarter. Jones Financial Companies Lllp boosted its holdings in shares of Exxon Mobil by 52.3% during the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after buying an additional 131,600 shares during the period. U.S. Capital Wealth Advisors LLC raised its holdings 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 worth $34,576,000 after acquiring an additional 9,831 shares during the period. Capital Counsel LLC NY lifted 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 worth $5,356,000 after acquiring an additional 460 shares during the last quarter. Finally, OneAscent Wealth Management LLC boosted its holdings in Exxon Mobil by 116.7% during the second quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock valued at $825,000 after acquiring an additional 4,123 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.
Insider Transactions at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction dated 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 transaction, the vice president owned 28,584 shares in the company, 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 document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by company insiders.
Exxon Mobil Stock Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $57.55 billion for the quarter. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Increases Dividend
The firm also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a yield of 3.4%. Exxon Mobil’s payout ratio is presently 59.88%.
Exxon Mobil News Summary
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
XOM has been the topic of a number of recent analyst reports. Zacks Research lowered Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Thursday. Wall Street Zen raised Exxon Mobil from a “sell” rating to a “hold” rating in a research report on Saturday, September 13th. Jefferies Financial Group increased their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. Finally, Morgan Stanley increased their price target on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and an average price target of $129.45.
Get Our Latest Analysis on XOM
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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