Philip James Wealth Mangement LLC Has $52.42 Million Stake in Exxon Mobil Corporation $XOM

Philip James Wealth Mangement LLC reduced its position in Exxon Mobil Corporation (NYSE:XOM) by 1.0% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 464,877 shares of the oil and gas company’s stock after selling 4,844 shares during the period. Exxon Mobil accounts for about 6.1% of Philip James Wealth Mangement LLC’s investment portfolio, making the stock its 2nd biggest position. Philip James Wealth Mangement LLC’s holdings in Exxon Mobil were worth $52,415,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in the company. Marshall & Sullivan Inc. WA purchased a new stake in Exxon Mobil during the second quarter valued at approximately $38,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil during the third quarter worth $40,000. TruNorth Capital Management LLC increased its position in Exxon Mobil by 1,595.2% during the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares during the last quarter. Bare Financial Services Inc lifted its holdings in shares of Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after acquiring an additional 181 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Key Exxon Mobil News

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

• Positive Sentiment: Analysts raised near-term earnings expectations for Exxon, which supports the company’s fundamentals and dividend outlook. Zacks Research Raises Earnings Estimates for Exxon Mobil
• Positive Sentiment: A Seeking Alpha write-up says Exxon’s 2030 plan looks more robust than initially forecast, suggesting longer-term strategic resilience beyond the Venezuela debate. Exxon Mobil: 2030 Plan More Robust Than Initial Forecast
• Neutral Sentiment: Market roundups are flagging XOM as a stock to watch amid the political headlines and recent volatility — useful for traders but not new company-specific news. 4 stocks to watch on Monday: BIRK, UNH, XOM, O
• Negative Sentiment: President Trump said he may exclude Exxon from Venezuela opportunities after CEO Darren Woods called the country “uninvestable,” creating near-term political risk and the prospect of lost future projects. Trump says he might keep Exxon out of Venezuela (Reuters)
• Negative Sentiment: Multiple outlets report Trump’s displeasure with Exxon’s response at a White House meeting, and that he’s “inclined” to sideline Exxon — headlines that hit pre-market trading and spurred short-term selling pressure. Trump threatens to sideline Exxon from Venezuela’s oil (CNBC)
• Negative Sentiment: Coverage notes that the comment and possible exclusion could shift Venezuela business toward competitors (e.g., Chevron), raising concerns about lost upside from any Venezuelan production recovery. Trump could hand Chevron another South American win over Exxon Mobil with Venezuela
• Negative Sentiment: Market reaction: outlets reported premarket and early-session XOM weakness (shares fell in premarket on the news), reflecting investor concern about political access to Venezuelan projects. Exxon Shares Drop After Trump Says He May Keep Them Out Of Venezuela (Forbes)
• Negative Sentiment: Analysts and market commentary question whether Exxon’s stance dampens prospects for a Venezuelan oil boom, potentially reducing a large upside scenario for global oil majors. Did Exxon Mobil Just Dash Hope For A New Oil Boom?

Wall Street Analysts Forecast Growth

XOM has been the subject of several analyst reports. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Citigroup upped their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Bank of America decreased their price objective 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. TD Cowen upped their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Finally, Jefferies Financial Group lifted their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat.com, Exxon Mobil has an average rating of “Hold” and an average price target of $130.25.

Insider Activity at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The stock was 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 directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Stock Down 0.5%

Exxon Mobil stock opened at $124.04 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The firm has a market cap of $523.11 billion, a P/E ratio of 18.03, a P/E/G ratio of 7.77 and a beta of 0.37. The business has a fifty day moving average of $118.25 and a two-hundred day moving average of $114.05. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $125.93.

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

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.3%. Exxon Mobil’s payout ratio is currently 59.88%.

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.