Korea Investment CORP Sells 21,132 Shares of Exxon Mobil Corporation $XOM

Korea Investment CORP reduced its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 0.6% during the 3rd quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 3,238,080 shares of the oil and gas company’s stock after selling 21,132 shares during the quarter. Exxon Mobil accounts for 0.8% of Korea Investment CORP’s holdings, making the stock its 18th biggest holding. Korea Investment CORP’s holdings in Exxon Mobil were worth $365,094,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors have also bought and sold shares of the stock. Maryland State Retirement & Pension System grew its holdings in Exxon Mobil by 2.6% during the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after acquiring an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its position in Exxon Mobil by 3.3% in the 3rd quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after acquiring an additional 9,831 shares during the period. Capital Counsel LLC NY raised its stake in shares of Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after acquiring an additional 460 shares during the last quarter. HORAN Wealth LLC lifted its holdings in shares of Exxon Mobil by 78.3% during the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC lifted its holdings in shares of Exxon Mobil by 5.6% during the third quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after purchasing an additional 8,853 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $151.31 on Friday. 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 firm has a fifty day simple moving average of $138.89 and a two-hundred day simple moving average of $123.22. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $159.60. The firm has a market capitalization of $630.47 billion, a PE ratio of 22.62, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data 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. The firm had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The business’s revenue was down 1.3% on a year-over-year basis. During the same period last year, the company earned $1.67 earnings per share. Analysts forecast that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. Exxon Mobil’s payout ratio is 61.58%.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on XOM shares. Citigroup increased their price objective on Exxon Mobil from $118.00 to $150.00 and gave the company a “neutral” rating in a report on Monday, March 2nd. Barclays lifted their price objective on Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Bank of America upped 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. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Nine analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $143.41.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Global oil prices have surged above $90/bbl on escalating Middle East tensions and supply cuts, lifting integrated producers’ near‑term cash flow prospects and benefiting XOM. Oil Prices Soar Past $90
• Positive Sentiment: Exxon is actively rerouting fuel and arranging shipments from the U.S. Gulf Coast (including a planned ~600k‑barrel gasoline shipment to Australia), showing operational flexibility to capture higher margins amid regional chokepoints. Exxon Mobil Reroutes Fuel And Revisits Venezuela
• Positive Sentiment: Exxon’s low‑cost growth assets (Permian and Guyana) and low breakeven production profile underpin a stronger medium‑term earnings outlook and justify investor interest during an oil upswing. Key Upstream Assets Fueling ExxonMobil’s Long-Term Outlook
• Positive Sentiment: Some sell‑side support remains—Bernstein reiterated a buy rating—providing institutional endorsement that can sustain investor demand. Bernstein Sticks to Its Buy Rating for Exxon Mobil
• Neutral Sentiment: Macro flows into dividend‑oriented trades (the “HALO” theme and dividend ETFs) are benefiting large, low‑obsolescence names like Exxon as investors seek yield and capital preservation. Investors Are Piling Into the ‘HALO’ Trade
• Neutral Sentiment: Technical analysis pieces warn oil stocks could see short‑term pullbacks after big moves, which raises the risk of volatility despite strong fundamentals. Are Oil Stocks Due for a Drop?
• Negative Sentiment: Insider selling reports have weighed on sentiment and coincided with short‑term weakness in the stock, creating near‑term selling pressure that can temper gains. Exxon Mobil Trading Down After Insider Selling
• Negative Sentiment: Governance changes—including director Jeffrey Ubben not standing for re‑election—add a degree of uncertainty around board composition and investor activism narratives. What Exxon Mobil’s Board Shift and Supply Rerouting Means
• Neutral Sentiment: Broader market noise (ETF/futures moves, an NYSE fine story) is influencing intraday flows but is not specific to Exxon’s fundamentals. NYSE fined $9 million by SEC

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 2,150 shares of the stock in a transaction that occurred on Monday, March 2nd. The stock was sold at an average price of $157.82, for a total value of $339,313.00. Following the completion of the sale, the vice president directly owned 18,204 shares of the company’s stock, valued at $2,872,955.28. This represents a 10.56% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 16,380 shares of company stock worth $2,227,734. Insiders own 0.03% of the company’s stock.

About Exxon Mobil

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.