Exxon Mobil Corporation $XOM Stock Position Lowered by Peoples Bank KS

Peoples Bank KS trimmed its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 52.0% during the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 15,714 shares of the oil and gas company’s stock after selling 17,053 shares during the period. Exxon Mobil accounts for 1.8% of Peoples Bank KS’s investment portfolio, making the stock its 15th biggest holding. Peoples Bank KS’s holdings in Exxon Mobil were worth $1,772,000 at the end of the most recent reporting period.

A number of other hedge funds also recently modified their holdings of the business. Firethorn Wealth Partners LLC boosted its position in shares of Exxon Mobil by 26.1% in the third quarter. Firethorn Wealth Partners LLC now owns 5,368 shares of the oil and gas company’s stock worth $605,000 after buying an additional 1,111 shares during the period. OLD Point Trust & Financial Services N A lifted its stake in Exxon Mobil by 1.6% in the 3rd quarter. OLD Point Trust & Financial Services N A now owns 86,175 shares of the oil and gas company’s stock worth $9,716,000 after acquiring an additional 1,370 shares in the last quarter. Legacy Private Trust Co. lifted its stake in Exxon Mobil by 5.3% in the 3rd quarter. Legacy Private Trust Co. now owns 34,764 shares of the oil and gas company’s stock worth $3,920,000 after acquiring an additional 1,735 shares in the last quarter. Wedmont Private Capital boosted its position in Exxon Mobil by 1.1% during the 3rd quarter. Wedmont Private Capital now owns 65,651 shares of the oil and gas company’s stock worth $7,501,000 after acquiring an additional 735 shares during the period. Finally, Czech National Bank grew its stake in Exxon Mobil by 2.8% during the 3rd quarter. Czech National Bank now owns 1,082,776 shares of the oil and gas company’s stock valued at $122,083,000 after acquiring an additional 29,259 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Company actions that support returns — XOM has a long streak of dividend increases (43 years) and plans roughly $20B of buybacks in 2025, underpinning shareholder yield and capital return even if commodity prices soften. How ExxonMobil Survives Oil Price Cycles and Rewards Shareholders
• Positive Sentiment: Wall Street backing — several analysts recently raised targets or reaffirmed buy/overweight ratings (Wells Fargo, Piper Sandler, Cowen), which supports sentiment and could limit downside. MarketBeat: Exxon Mobil updates and analyst notes
• Neutral Sentiment: Commercial arrangements — DNO ASA announced North Sea offtake agreements that involve Exxon subsidiaries; this is incremental commercial activity but not a major earnings driver for XOM. DNO ASA secures offtake agreements with Exxon Mobil and Shell
• Neutral Sentiment: Valuation/momentum watch — commentary notes that recent momentum has cooled after strong one-year gains; valuation debate may keep trading range-bound absent a change in oil or macro signals. Exxon Mobil: Assessing Valuation as Recent Momentum Cools
• Negative Sentiment: Commodity headwinds — Zacks highlights WTI near ~$56 and notes pressure on upstream earnings; while Exxon’s low leverage and Permian/Guyana assets provide resilience, weaker oil prices remain a near-term earnings risk. The Zacks Analyst Blog: Exxon Mobil, Chevron and EOG Resources
• Negative Sentiment: Insider sale & market reaction — VP Darrin Talley sold 3,000 shares (avg $117.19); media coverage tied the sale to a short-term share drop, which can unsettle sentiment even if corporate fundamentals remain intact. Insider Selling: Exxon Mobil VP Sells 3,000 Shares

Exxon Mobil Stock Up 0.0%

Exxon Mobil stock opened at $116.56 on Friday. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $120.81. The firm’s fifty day simple moving average is $115.93 and its 200-day simple moving average is $112.64. The company has a market capitalization of $491.57 billion, a P/E ratio of 16.94, a P/E/G ratio of 7.35 and a beta of 0.38.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. The firm had revenue of $57.55 billion during the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is currently 59.88%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 0.03% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms recently commented on XOM. Morgan Stanley raised their price target on shares of Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Mizuho increased their target price on shares of Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Cowen restated a “buy” rating on shares of Exxon Mobil in a report on Friday, December 12th. Citigroup upped their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Finally, Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Monday, November 3rd. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have issued a Hold rating to the company. According to MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $129.45.

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.