Hohimer Wealth Management LLC Has $6.59 Million Holdings in Exxon Mobil Corporation $XOM

Hohimer Wealth Management LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 24.8% during the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 58,464 shares of the oil and gas company’s stock after buying an additional 11,623 shares during the period. Exxon Mobil makes up approximately 0.9% of Hohimer Wealth Management LLC’s investment portfolio, making the stock its 17th largest position. Hohimer Wealth Management LLC’s holdings in Exxon Mobil were worth $6,592,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently made changes to their positions in the company. Vanguard Group Inc. increased its stake in Exxon Mobil by 0.3% in the second quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock valued at $46,468,147,000 after acquiring an additional 1,111,231 shares during the last quarter. Geode Capital Management LLC boosted its holdings in shares of Exxon Mobil by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock valued at $10,345,132,000 after purchasing an additional 342,967 shares in the last quarter. Norges Bank bought a new position in shares of Exxon Mobil in the 2nd quarter valued at $6,163,719,000. Bank of New York Mellon Corp increased its stake in shares of Exxon Mobil by 2.8% in the 2nd quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock valued at $5,023,298,000 after purchasing an additional 1,274,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its holdings in shares of Exxon Mobil by 3.5% during the 2nd quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock worth $3,611,553,000 after buying an additional 1,126,912 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several analysts recently weighed in on XOM shares. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a research note on Tuesday, February 3rd. TD Cowen raised their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday, February 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a research note on Wednesday, February 4th. Finally, Barclays raised their target price on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average price target of $140.59.

More Exxon Mobil News

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

• Positive Sentiment: Wells Fargo raised its price target on XOM to $183 (from $156) and kept an Overweight rating, citing Exxon’s leadership in the sector — a direct catalyst supporting upside for the shares. Wells Fargo Increases Exxon Mobil (XOM) Price Forecast, Maintains Bullish View
• Positive Sentiment: Near-term oil price strength (Brent ~ $70.7, WTI higher) boosts revenue and margins for integrated majors like Exxon, supporting investor sentiment on upstream earnings. Oil Prices Rise. Why More Gains Could Come Thursday.
• Positive Sentiment: Coverage highlights Exxon’s involvement in low‑carbon projects (carbon capture/hydrogen partnerships mentioned alongside FuelCell Energy and Toyota), reinforcing its transition strategy and potential new revenue streams. This supports a constructive narrative for longer-term investors. Carbon Capture and Hydrogen Could Reshape FuelCell Energy
• Positive Sentiment: Macro flow into dividend-focused funds as retirees seek income can favor large dividend payers like Exxon, creating steady demand for the shares. Retirees Are Quickly Moving Into These Dividend Funds
• Positive Sentiment: Analysts and commentators are highlighting Exxon’s developing asset portfolio and outperformance versus broader indexes, reinforcing bullish narratives around operational strength and dividend yield. Is Exxon Mobil Stock Outperforming the Nasdaq? Exxon Mobil: A Strong Developing Asset Portfolio
• Neutral Sentiment: Value comparisons (e.g., Sasol vs Exxon) and articles questioning whether XOM is still attractive after a ~40% one‑year gain are prompting valuation debates—these can temper momentum but don’t change fundamentals immediately. SSL or XOM: Which Is The Better Value Stock Right Now? Is Exxon Mobil (XOM) Still Attractive After A 40% One Year Share Price Gain
• Negative Sentiment: Kashagan partners have taken Kazakhstan to arbitration over a $4.6bn ecological fine — if Exxon were materially exposed as a partner, this could pose legal/financial downside; coverage raises watchlist risk for consortium participants. Kashagan partners take Kazakhstan to arbitration over $4.6bn fine

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $148.47 on Friday. The business has a 50 day moving average of $134.92 and a 200-day moving average of $121.24. The company has a market capitalization of $618.64 billion, a P/E ratio of 22.19, a P/E/G ratio of 15.46 and a beta of 0.39. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93. 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 earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period in the previous year, the firm posted $1.67 EPS. The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. On average, equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current 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 paid 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 2.8%. Exxon Mobil’s payout ratio is currently 61.58%.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 3,230 shares of the firm’s stock in a transaction on Monday, February 9th. The stock was 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 Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 14,230 shares of company stock valued at $1,888,421 in the last three months. Corporate insiders own 0.03% of the company’s stock.

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.