Foundations Investment Advisors LLC boosted its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 2.1% in the 3rd quarter, HoldingsChannel.com reports. The firm owned 185,730 shares of the oil and gas company’s stock after buying an additional 3,846 shares during the period. Foundations Investment Advisors LLC’s holdings in Exxon Mobil were worth $20,941,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors have also recently added to or reduced their stakes in the company. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil in the third quarter valued at about $30,000. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC increased its holdings in shares of Exxon Mobil by 1,595.2% during the third 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 period. Bare Financial Services Inc raised its position in shares of Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC boosted its stake in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares during the period. Institutional investors own 61.80% of the company’s stock.
Insider Buying and Selling
In other news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, 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 ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.
Exxon Mobil Price Performance
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share 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 analysts’ expectations of $83.09 billion. During the same quarter in the previous year, the firm posted $1.92 earnings per share. The company’s revenue was down 5.2% on a year-over-year basis. Research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Exxon Mobil Increases Dividend
The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is currently 59.88%.
Analyst Ratings Changes
XOM has been the topic of a number of recent research reports. Citigroup raised their price objective on Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. Mizuho raised their price target on Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Zacks Research lowered shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Finally, Piper Sandler dropped their target price 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. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, ten have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Moderate Buy” and a consensus price target of $132.74.
Check Out Our Latest Stock Report on Exxon Mobil
Trending Headlines about Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Exxon and BYD deepen hybrid EV collaboration — a new MoU expands joint R&D, standards work and supply‑chain support, reinforcing XOM’s position in low‑carbon fuel/lubricant and hybrid tech markets (partnership seen as strategic for long‑term demand diversification). BYD & ExxonMobil Boost Cooperation in Hybrid EV Innovation
- Positive Sentiment: Reuters also reports the BYD tie‑up — broader confirmation from major media increases credibility and investor interest in the strategic partnership. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
- Positive Sentiment: Exxon advancing carbon capture and low‑carbon initiatives — plans to expand CCS projects along the U.S. Gulf Coast (Texas, Louisiana) and evaluate a low‑carbon data center could support longer‑term emissions targets and access to decarbonization markets. Here’s How XOM Is Using CCS to Cut Emissions & Power Data-Driven World
- Positive Sentiment: UBS reiterates a buy rating — continued buy support from a major bank lends credibility to the bullish case and may underpin upside sentiment. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
- Neutral Sentiment: Analyst previews and bullish writeups highlight valuation and dividend support but flag cyclical risks — several pieces argue for a solid long‑term case while noting near‑term exposure to oil price swings. Exxon: Oil Is Everywhere, Energy Isn’t (Earnings Preview)
- Neutral Sentiment: Market expectations ahead of Q4 earnings are mixed — Zacks pieces note refining strength may offset softer upstream results if crude prices remain subdued; Q4 results are a near‑term catalyst. ExxonMobil’s Q4 Earnings on Deck: Should You Stay Invested or Exit?
- Neutral Sentiment: Exploration work: seismic survey offshore Trinidad signals ongoing growth/production optionality, but value will depend on results and timelines. Exxon Advances Trinidad Deepwater Plans as Exploration Work Takes Shape
- Negative Sentiment: Bank of America raised its price target but maintained a neutral rating — the new $135 target sits slightly below current levels, which could cap near‑term upside if other analysts echo a cautious stance. BofA price target update (coverage)
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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