First Financial Bankshares Inc Has $7.05 Million Stake in Exxon Mobil Corporation $XOM

First Financial Bankshares Inc increased its stake in Exxon Mobil Corporation (NYSE:XOM) by 9.0% in the 3rd quarter, Holdings Channel reports. The firm owned 62,489 shares of the oil and gas company’s stock after purchasing an additional 5,154 shares during the period. First Financial Bankshares Inc’s holdings in Exxon Mobil were worth $7,046,000 as of its most recent filing with the SEC.

Other large investors have also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new stake in shares of Exxon Mobil in the third quarter worth $30,000. Bare Financial Services Inc raised its holdings in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares during the period. Clayton Financial Group LLC bought a new stake in Exxon Mobil during the third quarter valued at about $40,000. TruNorth Capital Management LLC grew its position in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares during the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its position 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 purchasing an additional 181 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Activity

In related 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 transaction of $481,851.40. Following the completion of the transaction, the vice president directly owned 20,354 shares of the company’s stock, valued at $3,036,409.72. This trade represents a 13.70% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. In the last ninety days, insiders have sold 14,230 shares of company stock worth $1,888,421. Company insiders own 0.03% of the company’s stock.

Exxon Mobil News Roundup

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

• Positive Sentiment: Energy-sector momentum: Energy names were up Monday afternoon, supporting XOM’s move as the NYSE Energy index rose and traders rotated into beaten-up oil majors. Sector Update: Energy Stocks Rise Monday Afternoon
• Positive Sentiment: Regulatory tailwind: Analysis notes a potentially friendlier U.S. regulatory environment under the current administration that could reduce compliance costs and benefit large integrated producers like Exxon. A Friendlier Regulatory Environment May Be on the Horizon for These 2 Energy Stocks as the Trump Administration Rolls Back Greenhouse Gas Regulation
• Positive Sentiment: Bullish commentary and company execution: Analysts and coverage point to strong free cash flow generation and successful execution of growth plans (cited as reasons for January’s rally and multi-year upside). That supports investor confidence in buybacks/dividends. ExxonMobil Stock Surged 17% in January — Here’s What Drove the Rally (and What You Really Need to Focus On)
• Neutral Sentiment: Insider activity: A reported sale by Rep. Gilbert Ray Cisneros, Jr. was disclosed — a single disclosure that may attract attention but doesn’t currently change company fundamentals. Exxon Mobil (NYSE:XOM) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.
• Neutral Sentiment: Potential asset recovery case: The Supreme Court also agreed to hear Exxon’s bid related to compensation claims from Cuba — a case that could produce a payout if decided favorably, but currently adds legal uncertainty rather than an immediate stock catalyst. US Supreme Court to hear Exxon bid for compensation from Cuba
• Negative Sentiment: Supreme Court climate litigation risk: The U.S. Supreme Court agreed to hear Exxon’s request to block Boulder’s climate-related lawsuit (and related filings), increasing legal and reputational uncertainty that could pressure the stock if the litigation outlook worsens. US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit
• Negative Sentiment: Boardroom and governance concerns: Coverage highlights boardroom transition risks tied to the legal fight and investor activism, which can create longer-term governance uncertainty and weigh on sentiment. Exxon Mobil Faces Supreme Court Climate Case And Boardroom Transition Risks
• Negative Sentiment: Macro/market-structure warning: A market commentary flagged defensive names (including Exxon) as potentially overvalued within a distorted market structure, suggesting broader correction risk that could drag XOM if it reverses. The Bull Market Is Lying To You — Here’s What The Charts Are Really Saying

Exxon Mobil Trading Up 2.3%

XOM stock opened at $150.72 on Tuesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $156.93. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The business’s 50 day moving average is $132.95 and its 200-day moving average is $120.55. The firm has a market cap of $628.01 billion, a P/E ratio of 22.53, a P/E/G ratio of 15.28 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. Exxon Mobil’s quarterly revenue was down 1.3% on a year-over-year basis. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Wall Street Analysts Forecast Growth

XOM has been the subject of several research analyst reports. Citigroup boosted their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research report on Wednesday, December 10th. Jefferies Financial Group upped their price target on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. BMO Capital Markets reaffirmed a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research report on Wednesday, February 4th. Finally, Sanford C. Bernstein reduced their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $140.59.

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.