Crossmark Global Holdings Inc. Buys 15,565 Shares of Exxon Mobil Corporation $XOM

Crossmark Global Holdings Inc. boosted its stake in Exxon Mobil Corporation (NYSE:XOM) by 4.8% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 341,362 shares of the oil and gas company’s stock after purchasing an additional 15,565 shares during the period. Exxon Mobil comprises about 0.6% of Crossmark Global Holdings Inc.’s holdings, making the stock its 24th largest holding. Crossmark Global Holdings Inc.’s holdings in Exxon Mobil were worth $38,489,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other hedge funds and other institutional investors have also recently modified their holdings of XOM. Westfuller Advisors LLC bought a new stake in Exxon Mobil during the 3rd quarter worth $30,000. Clayton Financial Group LLC acquired a new stake in shares of Exxon Mobil during the third quarter valued at about $40,000. TruNorth Capital Management LLC grew its holdings in shares of 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 worth $40,000 after purchasing an additional 335 shares during the last quarter. Bare Financial Services Inc grew its holdings in shares of Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 201 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC increased its stake in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares during the period. Institutional investors own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

NYSE:XOM opened at $149.86 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $159.60. The company has a fifty day moving average of $137.61 and a 200-day moving average of $122.61. The firm has a market capitalization of $624.43 billion, a P/E ratio of 22.40, a P/E/G ratio of 1.24 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the firm earned $1.67 earnings per share. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. As a group, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Exxon Mobil News Summary

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

• Positive Sentiment: Higher crude prices from Strait of Hormuz tanker disruptions lift near‑term revenue and cash‑flow prospects for integrated producers like Exxon, supporting margins and dividend/cash‑return potential. Read More.
• Positive Sentiment: Bernstein reaffirmed a buy stance on XOM, a vote of confidence from a well‑known research house that can support investor sentiment and buying interest. Read More.
• Positive Sentiment: Several analyst notes and upgrades (and recent price‑target revisions) have pushed XOM to fresh 12‑month highs recently, reinforcing bullish conviction among some institutional investors. Read More.
• Positive Sentiment: Exxon plans to send a technical team to Venezuela, which could open opportunities to restore or expand production if logistics and political/security issues are resolved. Read More.
• Neutral Sentiment: Exxon will ship about 600,000 barrels of fuel from the U.S. Gulf Coast to cover Australian import needs — a first for the company that signals logistical flexibility but has limited immediate earnings impact. Read More.
• Neutral Sentiment: Company presentation at the Morgan Stanley Energy & Power Conference provided strategic color but no major new guidance — useful for modeling but not market moving by itself. Read More.
• Negative Sentiment: Analysts warn Exxon’s production and logistics could be exposed by the U.S.–Israel–Iran conflict and Strait of Hormuz disruptions, adding supply uncertainty, potential higher transport/insurance costs and operational risk. Read More.
• Negative Sentiment: An Exxon VP sold 2,150 shares (filed with the SEC) — a routine insider sale but one that can be read negatively by short‑term traders amid recent volatility. Read More.

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Barclays lifted their target price on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Citigroup lifted their price target on shares of Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday. UBS Group reissued a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a research report on Tuesday, February 3rd. Finally, Wells Fargo & Company cut their target price on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and a consensus price target of $143.41.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil stock in a transaction on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the completion of the sale, the vice president owned 18,204 shares of the company’s stock, valued at approximately $2,872,955.28. This trade represents a 10.56% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 over the last ninety days. Company 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.