MassMutual Private Wealth & Trust FSB raised its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 3.3% during the third quarter, Holdings Channel reports. The firm owned 156,377 shares of the oil and gas company’s stock after purchasing an additional 4,949 shares during the period. MassMutual Private Wealth & Trust FSB’s holdings in Exxon Mobil were worth $17,632,000 at the end of the most recent quarter.
Other institutional investors also recently made changes to their positions in the company. Eagle Capital Management LLC lifted its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Exxon Mobil in the 1st quarter valued at $305,000. WBI Investments LLC acquired a new position in shares of Exxon Mobil during the 1st quarter valued at $266,000. Advisors Capital Management LLC boosted its position in Exxon Mobil by 2.5% during the 1st quarter. Advisors Capital Management LLC now owns 106,578 shares of the oil and gas company’s stock worth $12,675,000 after purchasing an additional 2,600 shares during the period. Finally, Jones Financial Companies Lllp boosted its position in Exxon Mobil by 52.3% during the 1st quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock worth $45,149,000 after purchasing an additional 131,600 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.
Analyst Ratings Changes
Several research firms have commented on XOM. Citigroup raised their price objective on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Cowen reiterated a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. Morgan Stanley raised their target price on Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a report on Wednesday, December 10th. UBS Group restated a “buy” rating on shares of Exxon Mobil in a report on Friday. Finally, Barclays lowered their price objective on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research report on Tuesday, October 7th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $129.71.
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: U.S. push on Venezuela raises the prospect of new upstream opportunities for major oil names, and media/market commentary (including Jim Cramer) has highlighted Exxon as a potential beneficiary—supporting upside investor sentiment. Jim Cramer discusses Exxon (XOM) & Venezuela operation
- Positive Sentiment: Exxon signed a Memorandum of Understanding with Turkey’s national oil company to explore untapped Black Sea and Mediterranean acreage—a near‑term growth/production prospect that investors view positively. ExxonMobil Enters Exploration MoU With Turkey’s National Oil Company
- Positive Sentiment: Analyst commentary notes Exxon’s strong history of earnings beats and the company’s mix of upstream/refining businesses that can produce upside surprises—supporting expectations for another solid report. Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
- Neutral Sentiment: Coverage highlights Exxon’s integrated model—refining and marketing gains can offset upstream weakness—reducing earnings volatility but limiting upside tied solely to crude prices. XOM’s Integrated Business Model Shields Earnings Amid Lower Oil Prices
- Neutral Sentiment: Analyst and media pieces also highlight Exxon’s low‑carbon projects (CCS, hydrogen, lithium) and durable dividend profile—longer‑term positives but less likely to move near‑term price action. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
- Negative Sentiment: Exxon warned that lower liquids/crude prices could cut fourth‑quarter upstream profit by roughly $800M–$1.2B versus Q3—an explicit near‑term earnings headwind that pressured the stock on earlier headlines. Exxon signals fall in fourth-quarter upstream profit
- Negative Sentiment: Multiple outlets repeated the warning (and at least one analyst downgrade followed), keeping downside risk if oil prices remain weak into the quarter close. Exxon Mobil Tells Investors Falling Oil Prices Will Dent Profits
Exxon Mobil Price Performance
Shares of NYSE XOM opened at $124.60 on Friday. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $125.93. The business has a 50 day moving average price of $118.05 and a two-hundred day moving average price of $113.87. The firm has a market cap of $525.44 billion, a PE ratio of 18.11, a price-to-earnings-growth ratio of 7.57 and a beta of 0.37.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The company had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Increases Dividend
The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is presently 59.88%.
Insider Activity
In other news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the transaction, the vice president 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.
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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