KKM Financial LLC Purchases 7,633 Shares of Exxon Mobil Corporation $XOM

KKM Financial LLC raised its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 24.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 39,165 shares of the oil and gas company’s stock after acquiring an additional 7,633 shares during the period. KKM Financial LLC’s holdings in Exxon Mobil were worth $4,416,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors and hedge funds have also recently modified their holdings of the business. Westfuller Advisors LLC purchased a new stake in Exxon Mobil during the third quarter valued at $30,000. Bare Financial Services Inc increased its holdings in shares of 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 buying an additional 201 shares during the last quarter. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil in the 3rd quarter worth about $40,000. TruNorth Capital Management LLC raised its position in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after acquiring an additional 181 shares during the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related 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 transaction, the vice president 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 Securities & Exchange Commission, which is available through the SEC website. Insiders sold a total of 13,380 shares of company stock valued at $1,871,484 in the last ninety days. 0.03% of the stock is currently owned by insiders.

More Exxon Mobil News

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

• Positive Sentiment: Barclays raised its price target on XOM to $163 (from $145), keeping an Overweight rating after lifting 2026 oil-price assumptions — a direct analyst catalyst supporting the rally. Read More.
• Positive Sentiment: Piper Sandler raised its target on Exxon to $186, citing tightening global supply and positioning XOM as a top large-cap energy buy — another upward pressure on the stock via brokerage momentum. Read More.
• Positive Sentiment: U.S. oil prices topped $100 after administration threats to strike Iran’s oil export facilities (Kharg Island), which increases expectations of tighter supply and higher oil margins for majors like Exxon. Read More.
• Positive Sentiment: Oil industry executives warned the White House that a closure of the Strait of Hormuz would likely push oil prices higher — a geopolitical risk premium that benefits integrated producers. Read More.
• Neutral Sentiment: Exxon is redirecting shipments (e.g., increased gasoline flows to Australia) and is planning a legal HQ move to Texas — operational steps that reduce disruption risk but don’t change fundamentals immediately. Read More.
• Neutral Sentiment: Coverage in buy-list pieces and reminders of Exxon’s large shareholder returns (dividends/ buybacks) support longer-term investor interest but are less likely to drive near-term intraday moves. Read More.
• Negative Sentiment: A California pipeline restart (Sable Offshore/Santa Ynez) could add regional crude supply if it scales up, a development that would weigh on oil prices if broader output recovers. Read More.

Analyst Ratings Changes

XOM has been the topic of several analyst reports. Morgan Stanley reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research note on Friday, January 23rd. UBS Group reiterated a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. Mizuho set a $140.00 target price on Exxon Mobil in a research report on Wednesday, February 4th. Piper Sandler raised their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research report on Thursday. Finally, Sanford C. Bernstein cut their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $146.00.

Exxon Mobil Stock Up 1.8%

NYSE:XOM opened at $156.29 on Monday. The company has a market cap of $651.20 billion, a price-to-earnings ratio of 23.36, a price-to-earnings-growth ratio of 1.22 and a beta of 0.35. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $159.60. 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 stock has a fifty day simple moving average of $141.99 and a 200-day simple moving average of $124.76.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $80.04 billion for the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter last year, the firm posted $1.67 EPS. The firm’s revenue was down 1.3% compared to the same quarter last year. Analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

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.