Exxon Mobil Corporation $XOM Shares Bought by Retirement Planning Group LLC

Retirement Planning Group LLC grew its holdings in Exxon Mobil Corporation (NYSE:XOM) by 87.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 35,411 shares of the oil and gas company’s stock after acquiring an additional 16,567 shares during the quarter. Retirement Planning Group LLC’s holdings in Exxon Mobil were worth $3,993,000 at the end of the most recent reporting period.

Other hedge funds have also recently modified their holdings of the company. Norges Bank purchased a new stake in Exxon Mobil during the 2nd quarter worth approximately $6,163,719,000. Kingstone Capital Partners Texas LLC acquired a new stake in shares of Exxon Mobil during the second quarter worth $607,621,000. First Trust Advisors LP grew its holdings in shares of Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the last quarter. Cerity Partners LLC increased its position in shares of Exxon Mobil by 200.7% in the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares during the period. Finally, Laurel Wealth Advisors LLC raised its stake in Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after acquiring an additional 3,066,736 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction that occurred on Wednesday, December 17th. The stock was 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 in the company, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts have weighed in on XOM shares. Mizuho boosted their price target on Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. BNP Paribas upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. Piper Sandler reduced their price target on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Morgan Stanley lifted their price objective on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the company has a consensus rating of “Hold” and a consensus price target of $130.25.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $129.02 on Friday. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79. The stock has a market capitalization of $544.10 billion, a price-to-earnings ratio of 18.75, a PEG ratio of 8.07 and a beta of 0.37. The firm’s 50 day simple moving average is $119.12 and its 200-day simple moving average is $114.38. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $131.72.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $83.33 billion for the quarter, compared to the consensus estimate of $83.09 billion. During the same period in the prior year, the firm posted $1.92 earnings per share. The firm’s quarterly revenue was down 5.2% compared to the same quarter last year. Analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. The ex-dividend date was Friday, November 14th. This represents a $4.12 annualized dividend and a dividend yield of 3.2%. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio (DPR) is presently 59.88%.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Exxon awarded a contract to Shearwater Geoservices to acquire 3D deepwater seismic over a large block offshore Trinidad & Tobago — a sign of continued investment in exploration that supports future production growth. Exxon awards contract to acquire deepwater seismic offshore Trinidad and Tobago
• Positive Sentiment: Analysts/commentary argue Exxon remains a “solid hold” given low leverage and premium assets — factors that reduce downside risk if oil stays weak. Exxon Mobil: A Solid Hold Even If Venezuela Is ‘Uninvestable’
• Positive Sentiment: Noted investor coverage: CNBC commentator Joshua Brown named XOM on a televised “final trades” list — a small but positive retail/influencer signal. Delta Air, Exxon Mobil, TKO Group And A Financial Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Commentary highlights that ongoing assessment of Venezuelan assets and upcoming earnings keep investor focus on geopolitical and operational optionality — a watch item rather than an immediate catalyst. Exxon Mobil Corp. Holds Ground As Venezuela Assessment And Earnings Activity Drive Focus
• Neutral Sentiment: Political commentary claiming large Venezuelan oil flows to the U.S. is circulating — this could influence crude sentiment broadly but is speculative and not a company-specific operational development. Trump Says He’s Going To Make Venezuela ‘Strong’ Again…
• Negative Sentiment: Exxon warned of lower Q4 earnings tied to the drop in crude prices — a direct earnings headwind that helps explain selling pressure. Exxon Mobil (XOM) Forecasts Lower Q4 Earnings Due to Decline in Crude Prices
• Negative Sentiment: Shell and Exxon halted the planned sale of U.K. North Sea gas assets to Viaro Energy after regulatory/market issues — the cancellation removes an expected divestment and potential near-term cash/income clarity. Shell and Exxon halt UK gas asset sale to Viaro Energy
• Neutral Sentiment: Macro note: analysis flags WTI around ~$60 as likely to remain soft — negative for upstream margins but partially offset by Exxon’s low leverage and integrated refining/chemical margins. Crude Oil Price Will Likely Remain Soft: Will ExxonMobil Suffer?

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.