Tcfg Wealth Management LLC boosted its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 32.5% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 14,300 shares of the oil and gas company’s stock after acquiring 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 reporting period.
Other institutional investors have also added to or reduced their stakes in the company. Westfuller Advisors LLC bought a new position in Exxon Mobil in the third quarter worth about $30,000. Bare Financial Services Inc boosted its position in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 201 shares in the last quarter. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC grew its holdings 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 worth $40,000 after acquiring an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC raised its position 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 worth $42,000 after acquiring an additional 181 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
A number of research analysts have recently commented on XOM shares. Mizuho raised their target price on Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a research note on Tuesday. Citigroup increased their price objective on Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. TD Cowen raised their price objective on Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research report on Tuesday, February 3rd. UBS Group reaffirmed a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a research report on Monday, February 2nd. Finally, Bank of America lifted their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $148.35.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Record US fuel exports to Australia in March (Exxon, BP, Vitol) are filling a supply gap from Asia, supporting product demand and refinery margins that help Exxon’s downstream revenue outlook. Read More.
- Positive Sentiment: Attack on Saudi Aramco’s SAMREF refinery had minimal operational impact but reinforces geopolitical risk that is lifting crude prices — a near-term tailwind for Exxon’s upstream cash generation. Read More.
- Positive Sentiment: Barclays and other houses have raised price targets and reiterated bullish views, adding buy-side momentum that supports further upside interest. Read More.
- Positive Sentiment: Analyst upgrades and coverage pieces have pushed XOM toward new 12‑month highs, reinforcing momentum-driven inflows. Read More.
- Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — helps consensus targets but is not a clean buy signal. Read More.
- Neutral Sentiment: Part of XOM’s move is broad market/sector leadership—S&P momentum and energy sector flows are lifting majors generally rather than company‑specific surprises. Read More.
- Negative Sentiment: Insider selling: a VP sold 1,080 shares (disclosed SEC filing). While small, insider sales can attract short‑term scrutiny. Read More.
- Negative Sentiment: A critical analyst note warned Exxon may be late to some energy opportunities — a cautionary view that could temper momentum traders. Read More.
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction that occurred on Monday, March 16th. The shares were sold at an average price of $155.50, for a total transaction of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.
Exxon Mobil Price Performance
Shares of NYSE:XOM opened at $157.58 on Thursday. The business has a fifty day moving average price of $144.16 and a 200-day moving average price of $125.61. 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 company has a market capitalization of $656.60 billion, a PE ratio of 23.55, a PEG ratio of 1.24 and a beta of 0.35. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $160.45.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) 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 company had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter in the previous year, the business posted $1.67 EPS. Exxon Mobil’s revenue was down 1.3% compared to the same quarter last year. As a group, equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend 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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