Parr Mcknight Wealth Management Group LLC Sells 20,019 Shares of Exxon Mobil Corporation $XOM

Parr Mcknight Wealth Management Group LLC reduced its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 86.2% during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 3,193 shares of the oil and gas company’s stock after selling 20,019 shares during the quarter. Parr Mcknight Wealth Management Group LLC’s holdings in Exxon Mobil were worth $360,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Eagle Capital Management LLC grew its stake in Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the period. Caxton Associates LLP purchased a new position in Exxon Mobil during the first quarter valued at $305,000. Sivia Capital Partners LLC boosted its holdings in shares of Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares in the last quarter. Castellan Group grew its position in shares of Exxon Mobil by 2.9% in the 2nd quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after buying an additional 740 shares during the period. Finally, United Bank increased its stake in shares of Exxon Mobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Over the last ninety days, insiders sold 14,230 shares of company stock valued at $1,888,421. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $149.31 on Wednesday. The firm has a market cap of $622.16 billion, a P/E ratio of 22.32, a PEG ratio of 15.64 and a beta of 0.39. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $156.93. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a 50 day moving average of $133.64 and a 200 day moving average of $120.85.

Exxon Mobil (NYSE:XOM) last issued its 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 the consensus estimate of $77.98 billion. During the same period last year, the business posted $1.67 EPS. The company’s revenue was down 1.3% compared to the same quarter last year. As a group, research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Exxon is highlighting rapid growth in Guyana, positioning the company to secure future acreage and advantaged fiscal terms — a long‑term production and cash‑flow positive for XOM. Exxon Touts Guyana Growth
• Positive Sentiment: Analysts note Exxon’s integrated upstream/downstream model is outperforming pure upstream peers like ConocoPhillips as softer oil prices test producers — this makes XOM relatively defensive on margins. ConocoPhillips vs. ExxonMobil
• Positive Sentiment: Coverage suggests Exxon has outperformed the Nasdaq over the last year and analysts are modestly optimistic on forward prospects — supportive for sentiment and relative performance. Is Exxon Mobil Stock Outperforming the Nasdaq?
• Positive Sentiment: Market commentary urging preparation for a potential $90 oil price scenario highlights upside for Exxon’s earnings if oil strengthens — a tailwind to cash flow and dividends. Exxon Mobil: Prepare For A Potential $90 Oil Price Scenario
• Neutral Sentiment: Energy sector indexes rose recently, offering some sector tailwind but not necessarily specific to Exxon. Sector Update: Energy Stocks Rise Monday Afternoon
• Neutral Sentiment: Investor writeups comparing midstream/value peers (e.g., Enterprise Products Partners) are circulating; these comparisons can shift capital flows within energy but don’t directly change Exxon’s fundamentals. Is Enterprise Products Partners (EPD) One of the Best Value Stocks to Buy Now?
• Negative Sentiment: Legal uncertainty: the U.S. Supreme Court agreed to hear Exxon and Suncor’s bid to dismiss Boulder’s climate suit — a high‑profile case that creates headline risk, potential liabilities, and investor uncertainty until resolved. US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit
• Negative Sentiment: Additional Supreme Court matters and reported boardroom/transition risks are elevating governance and litigation concerns that can pressure the stock while unresolved. Exxon Mobil Faces Supreme Court Climate Case And Boardroom Transition Risks
• Negative Sentiment: Market‑technical caution: commentary warning that defensive stocks (including Exxon) are overbought raises the risk of broader multiple contraction if a market correction occurs. The Bull Market Is Lying To You

Wall Street Analyst Weigh In

Several equities research analysts recently commented on the stock. Piper Sandler dropped their price objective on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Royal Bank Of Canada upped their price target on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Wells Fargo & Company lowered their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research note on Monday, February 2nd. Finally, Bank of America boosted their target price on Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. 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. Based on data from MarketBeat, the stock currently 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.