Wilmington Savings Fund Society FSB reduced its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 1.9% in the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 355,966 shares of the oil and gas company’s stock after selling 6,817 shares during the quarter. Wilmington Savings Fund Society FSB’s holdings in Exxon Mobil were worth $40,135,000 as of its most recent SEC filing.
A number of other institutional investors have also made changes to their positions in the business. Vanguard Group Inc. boosted its holdings in shares of Exxon Mobil by 0.3% during the 2nd quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock worth $46,468,147,000 after buying an additional 1,111,231 shares during the period. Geode Capital Management LLC lifted its position in Exxon Mobil by 0.4% during the second quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after acquiring an additional 342,967 shares during the last quarter. Norges Bank bought a new stake in shares of Exxon Mobil during the second quarter worth approximately $6,163,719,000. Bank of New York Mellon Corp grew its position in shares of Exxon Mobil by 2.8% in the second quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock valued at $5,023,298,000 after purchasing an additional 1,274,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its position in shares of Exxon Mobil by 3.5% in the second quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock valued at $3,611,553,000 after purchasing an additional 1,126,912 shares during the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: International oil companies (including Exxon) are lobbying for Venezuelan hydrocarbon law changes that would let producers freely export oil they produce—this could materially unlock stranded Venezuelan barrels and improve long‑term upstream cash flows for companies with exposure. Read More.
- Positive Sentiment: Exxon awarded a contract to acquire 3D deepwater seismic offshore Trinidad & Tobago, signaling continued investment in high‑value exploration acreage and potential future resource delineation that supports production growth. Read More.
- Positive Sentiment: Technical analysis commentary notes Exxon reached a new all‑time high and shows impulsive rally characteristics—this can attract momentum traders and reinforce upside near term. Read More.
- Neutral Sentiment: Analysts note WTI near $60 could pressure upstream earnings, but Exxon’s low leverage and premium asset base should help it weather softer prices—mixed implications for earnings vs. balance‑sheet stability. Read More.
- Neutral Sentiment: Coverage pieces and investor commentary flag that Exxon is actively assessing Venezuelan assets and upcoming earnings; monitoring not immediate action—keeps optional upside but also uncertainty. Read More.
- Neutral Sentiment: Broader market pieces listing stocks for midterm‑year positioning may include cyclical energy exposure; this is a portfolio‑level consideration rather than a company‑specific catalyst. Read More.
- Negative Sentiment: Exxon flagged lower Q4 earnings expectations tied to declining crude prices—this is the most direct near‑term earnings risk and can pressure sentiment until actual results and guidance are reported. Read More.
- Negative Sentiment: Public friction between political figures and Exxon’s CEO over Venezuela policy adds political/regulatory risk and could create short‑term volatility tied to headlines. Read More.
- Negative Sentiment: Exxon and Shell halted the planned sale of key U.K. North Sea gas assets after regulatory and commercial hurdles—this removes near‑term divestment proceeds and keeps the assets on the balance sheet, which may weigh on capital allocation expectations. Read More.
Wall Street Analyst Weigh In
Several analysts recently weighed in on XOM shares. Zacks Research cut Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Mizuho boosted their target price on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Bank of America lowered their price target on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Finally, TD Cowen boosted their price objective on shares of Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, December 12th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Hold” and a consensus target price of $130.25.
View Our Latest Report on Exxon Mobil
Exxon Mobil Trading Up 0.5%
XOM opened at $129.78 on Friday. The stock has a market capitalization of $547.30 billion, a price-to-earnings ratio of 18.86, a P/E/G ratio of 8.05 and a beta of 0.37. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $131.72. The company has a 50-day simple moving average of $119.37 and a 200 day simple moving average of $114.57.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. During the same period last year, the firm earned $1.92 EPS. The business’s quarterly revenue was down 5.2% compared to the same quarter last year. Analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Increases Dividend
The firm also recently announced 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. The ex-dividend date was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a yield of 3.2%. Exxon Mobil’s dividend payout ratio is currently 59.88%.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction 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 transaction, the vice president owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their position. The sale was disclosed in a document filed with the SEC, 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.
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