First National Bank Sioux Falls lifted its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 59.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 21,007 shares of the oil and gas company’s stock after purchasing an additional 7,856 shares during the quarter. Exxon Mobil comprises about 0.7% of First National Bank Sioux Falls’ portfolio, making the stock its 29th largest holding. First National Bank Sioux Falls’ holdings in Exxon Mobil were worth $2,368,000 as of its most recent filing with the Securities & Exchange Commission.
Other large investors also recently bought and sold shares of the company. Game Plan Financial Advisors LLC lifted its stake in shares of Exxon Mobil by 1,500.0% during the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after buying an additional 300 shares during the period. Marshall & Sullivan Inc. WA purchased a new position in Exxon Mobil in the 2nd quarter worth $38,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil in the 3rd quarter worth $40,000. TruNorth Capital Management LLC lifted its position in 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 worth $40,000 after acquiring an additional 335 shares during the period. Finally, Bare Financial Services Inc grew its stake in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 201 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Insider Activity
In other news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the sale, 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 through this link. 0.03% of the stock is currently owned by company insiders.
Trending Headlines about Exxon Mobil
- Positive Sentiment: Geopolitical move in Venezuela is creating hopes for big investment and asset-recovery opportunities for U.S. oil majors; investors are pricing in potential work rebuilding Venezuela’s oil sector and possible compensation for nationalized assets, which benefits Exxon’s long-term reserves and recoverable-value story. Venezuela chaos could lead to billions in investment opportunities
- Positive Sentiment: Market reaction: energy stocks including Exxon rallied on the Venezuela news and Trump administration comments urging U.S. firms to invest in Venezuela — this lift reflects expectations of new upstream projects and claims recovery that would materially expand Exxon’s addressable resources. Chevron, Exxon and SLB Stocks Are Surging
- Positive Sentiment: Policy signal that firms must reinvest to recover Venezuela claims: the White House/State Department outreach suggesting majors would need to put capital to work to claim compensation supports higher future capital spending and recovery wins for companies with past expropriations like Exxon. US pushes oil majors to invest big in Venezuela
- Neutral Sentiment: Operational/consultation uncertainty — reports say the administration did not consult the majors before the Venezuela action and meetings are being planned; this creates short-term uncertainty about timing, access and legal frameworks despite the upside narrative. Trump administration has not consulted US oil majors
- Neutral Sentiment: Technical/momentum narratives: analysts and outlets point to a breakout and positive share-price momentum after the geopolitical shock; this can amplify short-term inflows but may not reflect fundamentals. Exxon Mobil Jumps On Venezuela Shock
- Neutral Sentiment: Unusual options activity flagged by market-watchers — could reflect hedging or directional bets around the Venezuela story and earnings/cash-flow narratives; worth monitoring for short-term volatility. Exxon Mobil Target of Unusually Large Options Trading
- Negative Sentiment: Legal/legacy risk: a new class-action filing (Portnoy Law Firm) alleges issues tied to a 2016 period — legal proceedings can be a distraction and carry potential costs, though this appears disconnected from the current Venezuela-driven move. Portnoy Law Firm Announces Class Action
- Negative Sentiment: Analyst update: Sanford C. Bernstein trimmed its price target slightly (to $137) while keeping an outperform rating — a modest downgrade that tempers upside expectations versus some of the bullish headlines. Bernstein lowers price target
Exxon Mobil Stock Performance
XOM opened at $125.35 on Tuesday. The firm has a fifty day moving average price of $117.52 and a 200 day moving average price of $113.64. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $125.93. The stock has a market cap of $528.64 billion, a P/E ratio of 18.22, a P/E/G ratio of 7.56 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data 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 company had revenue of $57.55 billion during the quarter. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current 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 issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a yield of 3.3%. Exxon Mobil’s payout ratio is 59.88%.
Wall Street Analysts Forecast Growth
Several research analysts have recently issued reports on the company. Mizuho raised their price objective on Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. BNP Paribas raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a report on Tuesday, December 9th. Bank of America reduced their target price on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. Finally, Piper Sandler boosted their target price on shares of 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, eleven have given a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $129.81.
Check Out Our Latest Analysis on XOM
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.
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