Exxon Mobil Corporation $XOM Shares Acquired by Glass Wealth Management Co LLC

Glass Wealth Management Co LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 6.4% during the third quarter, according to its most recent disclosure with the SEC. The fund owned 70,416 shares of the oil and gas company’s stock after acquiring an additional 4,215 shares during the period. Exxon Mobil makes up approximately 3.5% of Glass Wealth Management Co LLC’s investment portfolio, making the stock its 7th largest holding. Glass Wealth Management Co LLC’s holdings in Exxon Mobil were worth $7,939,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also recently modified their holdings of the stock. Eagle Capital Management LLC raised its stake in Exxon Mobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after acquiring an additional 376 shares during the last quarter. Fred Alger Management LLC increased its holdings in shares of Exxon Mobil by 6.9% in the first quarter. Fred Alger Management LLC now owns 110,634 shares of the oil and gas company’s stock valued at $13,158,000 after purchasing an additional 7,175 shares during the period. Caxton Associates LLP purchased a new position in shares of Exxon Mobil in the first quarter worth about $305,000. MBB Public Markets I LLC purchased a new position in shares of Exxon Mobil in the first quarter worth about $328,000. Finally, HFM Investment Advisors LLC acquired a new stake in shares of Exxon Mobil during the first quarter worth about $488,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several brokerages recently weighed in on XOM. Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Wells Fargo & Company increased their price objective on shares of Exxon Mobil from $156.00 to $158.00 and gave the stock an “overweight” rating in a research note on Thursday, December 11th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Monday, November 3rd. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a report on Tuesday, December 9th. Finally, BNP Paribas raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has an average rating of “Hold” and a consensus target price of $129.81.

Exxon Mobil News Summary

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

• Positive Sentiment: Renewed Venezuela narrative and sector rotation are supporting energy names, with Exxon positioned as a sector leader and a top holding in XLE — this underpins upside case if momentum and technical breakouts continue. 3 Energy Plays to Watch as the Sector Reacts to New Developments
• Positive Sentiment: Bernstein has kept a buy/outperform stance on XOM (supportive analyst conviction can limit downside and attract buyers). Bernstein Keeps Their Buy Rating on Exxon Mobil (XOM)
• Positive Sentiment: Large-cap dividend appeal remains intact: JPMorgan and other shops continue to list dividend giants including Exxon among top energy picks for passive income, supporting the stock’s income-investor base. Passive Income Dividend Giants Dominate JP Morgan’s 2026 Energy Top Picks
• Neutral Sentiment: Bernstein trimmed its price target from $142 to $137 while maintaining an outperform rating — a modest calibration that keeps upside visible but signals more measured expectations. XOM price target lowered by Bernstein
• Neutral Sentiment: Analyst coverage highlights a shifting narrative toward cash returns and sector caution — this frames investor debate between buybacks/dividends and longer-term growth exposure. Why Analysts See The Exxon Mobil (XOM) Story Shifting On Cash Returns And Sector Caution
• Negative Sentiment: Freedom Capital downgraded XOM to sell from hold — fresh sell-side downgrades increase selling pressure and can amplify short-term downside. Exxon Mobil downgraded to sell from hold at Freedom Capital
• Negative Sentiment: Negative retail/columnist calls are intensifying (e.g., “Sell Exxon Stock Immediately”), which can pressure sentiment-driven flows and amplify intraday weakness. Sell Exxon Stock Immediately
• Negative Sentiment: A newly announced class action (2016-period claim) adds legal overhang and headline risk that may concern longer-term investors and institutional holders. Portnoy Law Firm Announces Class Action on Behalf of Exxon Mobil Corporation Investors
• Negative Sentiment: Reports that the U.S. administration did not consult majors before Venezuelan operations create political/operational uncertainty about which firms will benefit — that uncertainty favors caution. Trump administration has not consulted US oil majors about Venezuela

Exxon Mobil Stock Performance

Shares of NYSE XOM opened at $121.20 on Wednesday. The company has a market capitalization of $511.12 billion, a PE ratio of 17.62, a price-to-earnings-growth ratio of 7.72 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The company’s fifty day moving average price is $117.64 and its 200 day moving average price is $113.69. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $125.93.

Exxon Mobil (NYSE:XOM) 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. On average, research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.4%. 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. Exxon Mobil’s payout ratio is currently 59.88%.

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 that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the sale, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $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 accessible through this hyperlink. Corporate insiders own 0.03% of the company’s stock.

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.