Exxon Mobil Corporation $XOM Shares Sold by Retirement Systems of Alabama

Retirement Systems of Alabama cut its holdings in Exxon Mobil Corporation (NYSE:XOM) by 0.9% in the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 1,410,701 shares of the oil and gas company’s stock after selling 12,290 shares during the quarter. Exxon Mobil comprises 0.6% of Retirement Systems of Alabama’s holdings, making the stock its 28th largest position. Retirement Systems of Alabama’s holdings in Exxon Mobil were worth $169,764,000 as of its most recent SEC filing.

Several other institutional investors have also added to or reduced their stakes in XOM. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil during the third quarter valued at about $30,000. Clayton Financial Group LLC acquired a new stake in Exxon Mobil in the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC grew its position in 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 purchasing an additional 335 shares during the last quarter. Halbert Hargrove Global Advisors LLC grew its position in Exxon Mobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 181 shares during the last quarter. Finally, Marquette Asset Management LLC increased its stake in Exxon Mobil by 307.0% during the 3rd quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after purchasing an additional 307 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insider Activity

In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the sale, the vice president owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Over the last ninety days, insiders sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on XOM shares. Bank of America raised their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Piper Sandler raised their target price on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a research note on Thursday, March 12th. Loop Capital set a $123.00 price target on Exxon Mobil in a research report on Tuesday, February 3rd. Finally, UBS Group reiterated a “buy” rating and set a $171.00 price target on shares of Exxon Mobil in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $151.00.

More Exxon Mobil News

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

• Positive Sentiment: Golden Pass LNG reached first production (Train 1 ~6 MTPA), bringing incremental U.S. export capacity online and supporting future LNG sales and cash flow for Exxon via the QatarEnergy JV. Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
• Positive Sentiment: Management commentary and market reports indicate Exxon is benefiting from higher oil prices and supply disruption (Strait of Hormuz), putting the company on track for one of its strongest quarters — a direct tailwind for revenues and free cash flow. Exxon Mobil Is on Track for Its Best Quarter Ever
• Positive Sentiment: Exxon’s Shute Creek asset is highlighted as strategically important amid a growing helium shortage, underscoring non‑oil revenue optionality and the company’s strong cash generation profile. Helium “Tsunami” to Hit Chipmakers — The Surprising Winner to Profit From the Coming Shortage
• Neutral Sentiment: Union workers at Exxon’s Baton Rouge refining and chemical complex ratified a new four‑year contract, reducing near‑term labor disruption risk at a major operational site. Union workers ratify contract at Exxon Louisiana complex, sources say
• Negative Sentiment: Reports (WSJ/Yahoo) say Exxon scientists flagged that its high‑profile $500M algae biofuels program was underperforming while executives continued to promote it to investors — a reputational/strategic risk that could invite scrutiny and dent investor confidence. Exxon Scientists Had Doubts About Algae Biofuels. The Oil Giant Touted Them Anyway.
• Negative Sentiment: Intraday selling pressure appears linked to energy sector weakness and reports that some investors are pricing in easing geopolitical risk — profit‑taking that offsets some of Exxon’s fundamental tailwinds. Exxon Mobil (XOM) Stock Dips While Market Gains: Key Facts

Exxon Mobil Stock Down 0.9%

XOM stock opened at $169.89 on Wednesday. The company has a market capitalization of $707.88 billion, a P/E ratio of 25.39, a price-to-earnings-growth ratio of 1.14 and a beta of 0.35. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $176.41. The firm’s fifty day simple moving average is $150.93 and its 200-day simple moving average is $129.06. 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 (EPS) for the quarter, beating 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 during the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the previous year, the firm posted $1.67 earnings per share. The firm’s quarterly revenue was down 1.3% on a year-over-year basis. As a group, equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.4%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.

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.