Exxon Mobil Corporation $XOM Stake Decreased by Essex Financial Services Inc.

Essex Financial Services Inc. reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 3.4% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 129,342 shares of the oil and gas company’s stock after selling 4,546 shares during the period. Exxon Mobil accounts for approximately 0.9% of Essex Financial Services Inc.’s holdings, making the stock its 20th biggest position. Essex Financial Services Inc.’s holdings in Exxon Mobil were worth $14,583,000 at the end of the most recent reporting period.

Several other large investors have also bought and sold shares of the company. Maryland State Retirement & Pension System lifted its holdings in shares of Exxon Mobil by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock valued at $24,342,000 after purchasing an additional 5,573 shares in the last quarter. Linscomb Wealth Inc. raised its position in Exxon Mobil by 1.4% during the second 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 in the last quarter. U.S. Capital Wealth Advisors LLC lifted its stake in shares of 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 valued at $34,576,000 after purchasing an additional 9,831 shares during the last quarter. Capital Counsel LLC NY boosted its stake in shares of 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 in the last quarter. Finally, HORAN Wealth LLC grew its holdings in Exxon Mobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock valued at $1,486,000 after purchasing an additional 5,788 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Roundup

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

• Positive Sentiment: Exxon says it is accelerating plans to develop natural gas in Guyana, which could meaningfully expand long‑term production, LNG/gas optionality and upstream cash flow if execution stays on schedule. Exxon committed to moving fast to develop gas in Guyana, executive says
• Positive Sentiment: Bernstein reaffirmed its buy rating on XOM, a vote of confidence from a well‑followed house that can support investor sentiment and limit downside from negative news. Bernstein Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Scotiabank expresses a constructive view on Exxon’s FY2026 earnings outlook, suggesting upside to consensus estimates that could support the stock if results/guide beat expectations. Scotiabank Has Positive View of Exxon Mobil FY2026 Earnings
• Neutral Sentiment: Options market activity shows notable positioning around near‑term strikes — indicating hedging and some speculative flows, but not a clear directional trade; could increase short‑term volatility without signaling a sustained move. What the Options Market Tells Us About Exxon Mobil
• Neutral Sentiment: Analyst coverage highlights mixed valuation signals — some metrics point to attractive yield/earnings power while longer‑term return projections look muted, making valuation a split case for new buyers. Assessing Exxon Mobil (XOM) Valuation As Mixed Signals Emerge On Long Term Returns
• Neutral Sentiment: Management access: Exxon will be represented at the Morgan Stanley Energy & Power Conference (March 3). The event could provide fresh guidance or clarification on strategy — a potential catalyst depending on commentary. ExxonMobil to Speak at Morgan Stanley Energy & Power Conference
• Neutral Sentiment: Elevated retail/investor attention (Zacks coverage and media mention) can increase intraday volume and swings, but doesn’t on its own dictate fundamentals. Exxon Mobil Corporation (XOM) is Attracting Investor Attention
• Neutral Sentiment: Broader retail articles on income stocks mention the sector’s appeal; these can support longer‑term investor interest in integrated oil names but are not a direct near‑term catalyst. Want Decades of Passive Income? 3 Stocks to Buy Right Now
• Negative Sentiment: The Federal Court of Australia fined Mobil Oil Australia A$16 million (~$11.3M) for misleading fuel claims — a reputational and modest financial hit that adds regulatory/legal risk in regional markets. Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims
• Negative Sentiment: Street target updates show some analysts trimming price targets (example: ~$140.6 target), which sits below recent trading levels and may cap near‑term upside or contribute to downward pressure. Brokerages Set Exxon Mobil Corporation (NYSE:XOM) Target Price at $140.59

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of Exxon Mobil stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $149.18, for a total value of $481,851.40. Following the sale, the vice president owned 20,354 shares of the company’s stock, valued at approximately $3,036,409.72. The trade was a 13.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Insiders sold 14,230 shares of company stock worth $1,888,421 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on XOM shares. TD Cowen lifted their price target on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research report on Tuesday, February 3rd. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Royal Bank Of Canada upped their target price on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. BMO Capital Markets restated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Finally, BNP Paribas Exane cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a research report on Tuesday, February 3rd. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and an average target price of $140.59.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $146.01 on Wednesday. The business has a fifty day moving average price of $130.47 and a two-hundred day moving average price of $119.33. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $156.93. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market capitalization of $615.75 billion, a PE ratio of 21.83, a P/E/G ratio of 15.40 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm had revenue of $82.31 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.67 EPS. As a group, equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be issued a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.8%. Exxon Mobil’s payout ratio is 61.58%.

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.