Prime Capital Investment Advisors LLC boosted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 4.5% in the 3rd quarter, Holdings Channel.com reports. The fund owned 304,799 shares of the oil and gas company’s stock after buying an additional 13,190 shares during the quarter. Prime Capital Investment Advisors LLC’s holdings in Exxon Mobil were worth $34,366,000 at the end of the most recent quarter.
Other large investors have also modified their holdings of the company. Norges Bank acquired a new position in Exxon Mobil during the second quarter worth $6,163,719,000. First Trust Advisors LP grew its stake in shares of Exxon Mobil by 150.2% in the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares in the last quarter. Cerity Partners LLC lifted its stake in Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC boosted its holdings in Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. grew its position in Exxon Mobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after acquiring an additional 1,454,308 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.
Exxon Mobil Stock Down 1.0%
Exxon Mobil stock opened at $146.07 on Friday. The company has a market capitalization of $616.01 billion, a P/E ratio of 21.83, a PEG ratio of 15.30 and a beta of 0.39. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $147.84. The stock has a 50-day simple moving average of $125.11 and a 200-day simple moving average of $117.01.
Exxon Mobil Announces Dividend
The firm also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.
Insider Activity
In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at the SEC website. Insiders sold a total of 11,000 shares of company stock worth $1,406,570 over the last 90 days. Company insiders own 0.03% of the company’s stock.
Wall Street Analysts Forecast Growth
Several research firms have recently commented on XOM. BNP Paribas Exane lowered 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 note on Tuesday. Wells Fargo & Company reduced their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Citigroup increased their price objective on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Finally, BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus price target of $140.59.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Exxon reported a solid Q4 and continues operational execution (Permian/Guyana strength) that underpins longer‑term guidance and buyback plans — a core bullish argument for investors. The Bull Case For Exxon Mobil
- Positive Sentiment: Company has started up a new unit at its Baytown complex — adds near‑term downstream capacity/efficiency and is a tangible operational catalyst. Exxon Mobil starts up new Baytown unit
- Positive Sentiment: Recent analyst upgrades/raise headlines (TD Cowen, Jefferies, Evercore maintaining buy) have supported upside and lifted XOM to a near 1‑year high earlier in the week. Analyst Upgrade / 1-Year High
- Neutral Sentiment: Wells Fargo trimmed its price target slightly to $156 but kept an overweight rating — a mild signal that models are being adjusted rather than a change to conviction. Wells Fargo PT Update
- Neutral Sentiment: Market commentary highlights Exxon’s central role in energy ETFs and the sector’s broader tailwinds (gas drawdowns, rising oil demand forecasts), which provide context but aren’t immediate stock‑specific catalysts. S&P 500 ETF Lens on Exxon
- Negative Sentiment: BNP Paribas Exane downgraded XOM to “underperform” with a lower target — that more bearish call is likely pressuring sentiment and capping near‑term upside. BNP Paribas Downgrade
- Negative Sentiment: Insider sale: VP Darrin Talley sold 5,000 shares (disclosed), which some traders interpret as a weak near‑term signal even though insiders sell for many reasons. Insider Sale Filing
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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