Clark Capital Management Group Inc. Increases Stock Holdings in Exxon Mobil Corporation $XOM

Clark Capital Management Group Inc. boosted its stake in Exxon Mobil Corporation (NYSE:XOM) by 2.3% during the third quarter, according to its most recent 13F filing with the SEC. The firm owned 1,107,632 shares of the oil and gas company’s stock after acquiring an additional 24,833 shares during the quarter. Exxon Mobil accounts for about 0.8% of Clark Capital Management Group Inc.’s portfolio, making the stock its 27th biggest holding. Clark Capital Management Group Inc.’s holdings in Exxon Mobil were worth $124,885,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Ausdal Financial Partners Inc. lifted its holdings in Exxon Mobil by 30.0% during the third quarter. Ausdal Financial Partners Inc. now owns 36,659 shares of the oil and gas company’s stock valued at $4,133,000 after purchasing an additional 8,469 shares in the last quarter. California Public Employees Retirement System increased its stake in shares of Exxon Mobil by 3.7% during the third quarter. California Public Employees Retirement System now owns 8,274,725 shares of the oil and gas company’s stock worth $932,975,000 after purchasing an additional 291,628 shares in the last quarter. Chilton Investment Co. Inc. raised its position in shares of Exxon Mobil by 39.5% during the 3rd quarter. Chilton Investment Co. Inc. now owns 37,669 shares of the oil and gas company’s stock worth $4,247,000 after purchasing an additional 10,659 shares during the last quarter. Bank of Nova Scotia raised its position in shares of Exxon Mobil by 47.3% during the 3rd quarter. Bank of Nova Scotia now owns 704,777 shares of the oil and gas company’s stock worth $79,464,000 after purchasing an additional 226,429 shares during the last quarter. Finally, Beck Mack & Oliver LLC lifted its stake in Exxon Mobil by 7.0% in the 3rd quarter. Beck Mack & Oliver LLC now owns 48,079 shares of the oil and gas company’s stock valued at $5,421,000 after buying an additional 3,145 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Trading Up 1.8%

XOM opened at $156.29 on Friday. The firm has a market capitalization of $651.20 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.35. The company’s 50 day simple moving average is $141.99 and its two-hundred day simple moving average is $124.68. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same period in the prior year, the business earned $1.67 earnings per share. The business’s revenue was down 1.3% compared to the same quarter last year. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Geopolitical shock: oil prices have jumped on the Iran conflict, lifting market expectations for higher revenue and margins at integrated oil majors like Exxon. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Energy-sector rally: coverage notes Exxon and peers rising this week as investors price in a protracted supply disruption, which benefits upstream and refining margins. Why Exxon and Energy Stocks Finally Started to Rise This Week as the Iran War Escalated
• Positive Sentiment: Analyst upgrade/target lift: Piper Sandler raised XOM’s price target to $186 and moved to overweight — a notable bullish signal from a major shop that can attract fund buying. Piper Sandler raises XOM price target
• Positive Sentiment: Macro support: the EIA and other outlets project higher 2026 oil averages and WTI/Brent levels above recent ranges, underpinning earnings upside from Exxon’s Permian and Guyana production. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Company fundamentals/strategy: Exxon reiterated multi-year growth targets (13% EPS CAGR to 2030 at investor events) and is expanding carbon capture capacity (new Louisiana project, ~3.2 MTA across sites), which supports both near-term cash flow and longer-term positioning. Here’s How XOM is Actively Involved in Improving Air Quality Via CCS
• Neutral Sentiment: S&P attention/outlook shift: coverage highlights Exxon drawing attention in index/rebalancing conversations after an outlook shift — can boost flows but impact is timing-dependent. Exxon Mobil Draws S&P 500 Attention After Outlook Shift
• Negative Sentiment: Policy offset risk: President Trump signaled tapping the Strategic Petroleum Reserve to lower fuel costs — a move that could blunt crude’s rally and reduce upside for Exxon if implemented at scale. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Market volatility/consumer pushback: broader equity market drops and commentary that high oil prices won’t immediately trigger more drilling inject uncertainty into capital allocation and cyclical demand trends. Markets are reeling from high oil prices. But that doesn’t mean more drilling.

Insider Activity

In other news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil stock in a transaction on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total transaction of $339,313.00. Following the transaction, the vice president owned 18,204 shares in the company, valued at $2,872,955.28. The trade was a 10.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Over the last three months, insiders sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is owned by company insiders.

Analysts Set New Price Targets

XOM has been the subject of several research reports. UBS Group reiterated a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Bank of America raised their target price on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Piper Sandler boosted their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Finally, Loop Capital set a $123.00 price objective on Exxon Mobil in a report on Tuesday, February 3rd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil presently has an average rating of “Hold” and a consensus price target of $146.00.

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.