Tcfg Wealth Management LLC raised its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 32.5% in the third quarter, according to its most recent 13F filing with the SEC. The fund owned 14,300 shares of the oil and gas company’s stock after buying an additional 3,506 shares during the period. Tcfg Wealth Management LLC’s holdings in Exxon Mobil were worth $1,612,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds have also modified their holdings of XOM. Vertex Planning Partners LLC boosted its stake in shares of Exxon Mobil by 11.9% in the third quarter. Vertex Planning Partners LLC now owns 3,575 shares of the oil and gas company’s stock worth $403,000 after buying an additional 380 shares during the last quarter. US Asset Management LLC raised its position in Exxon Mobil by 13.9% during the third quarter. US Asset Management LLC now owns 4,165 shares of the oil and gas company’s stock valued at $470,000 after acquiring an additional 507 shares in the last quarter. U S Wealth Group LLC. raised its position in Exxon Mobil by 3.1% during the third quarter. U S Wealth Group LLC. now owns 34,184 shares of the oil and gas company’s stock valued at $3,854,000 after acquiring an additional 1,024 shares in the last quarter. Garrett Wealth Advisory Group LLC lifted its holdings in Exxon Mobil by 2.0% in the third quarter. Garrett Wealth Advisory Group LLC now owns 43,374 shares of the oil and gas company’s stock valued at $4,890,000 after acquiring an additional 868 shares during the period. Finally, Apexium Financial LP boosted its position in Exxon Mobil by 6.4% in the 3rd quarter. Apexium Financial LP now owns 15,531 shares of the oil and gas company’s stock worth $1,751,000 after purchasing an additional 933 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Barclays raised its price target to $163 and reiterated a buy/overweight stance, reinforcing bullish analyst momentum and near‑term upside expectations. Barclays Increases Exxon Mobil (NYSE:XOM) Price Target to $163.00
- Positive Sentiment: Geopolitical supply risk (Strait of Hormuz/Iran) pushed crude above $100/bbl, which supports higher near‑term cash flow and earnings outlook for integrated oil majors like Exxon. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
- Positive Sentiment: Multiple analyst upgrades and target bumps (coverage pieces note dual upgrades) have pushed XOM toward 52‑week highs and increased momentum/trader interest. Exxon Mobil stock climbs following dual analyst upgrades
- Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — a lift to consensus targets but not a directional buy endorsement. Mizuho raises price target to $162
- Neutral Sentiment: Some of XOM’s move is market‑driven: broader S&P and energy sector leadership amid rising oil prices is supporting the rally rather than company‑specific news alone. The biggest things driving the S&P 500 higher despite $103 oil
- Negative Sentiment: Insider sale: VP Darrin L. Talley sold 1,080 shares (~$168k), a small disclosure but one investors watch for signaling; this adds a modest headwind to sentiment. SEC filing for insider sale
- Negative Sentiment: A critical analyst piece warned Exxon could be a “latecomer” to some energy opportunities, a cautionary note that may temper momentum traders. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)
Insider Buying and Selling at Exxon Mobil
Analyst Ratings Changes
A number of equities research analysts have recently commented on the stock. UBS Group reaffirmed a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Wells Fargo & Company lowered their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Morgan Stanley dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Sanford C. Bernstein cut their price objective 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. Finally, BMO Capital Markets reissued a “market perform” rating and set a $155.00 target price on shares of Exxon Mobil in a research note 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’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $148.35.
Get Our Latest Analysis on XOM
Exxon Mobil Trading Up 1.0%
Shares of XOM stock opened at $158.86 on Wednesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $160.45. The company has a market cap of $661.92 billion, a price-to-earnings ratio of 23.75, a PEG ratio of 1.23 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a 50 day simple moving average of $143.38 and a 200-day simple moving average of $125.38.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued 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. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $1.67 EPS. On average, equities research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal 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 paid 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 payout ratio is currently 61.58%.
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.
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