Summit Global Investments trimmed its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 20.3% in the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 58,900 shares of the oil and gas company’s stock after selling 14,972 shares during the quarter. Summit Global Investments’ holdings in Exxon Mobil were worth $6,641,000 as of its most recent SEC filing.
A number of other large investors have also recently bought and sold shares of XOM. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil in the 3rd quarter valued at $30,000. Bare Financial Services Inc boosted its holdings in 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 purchasing an additional 201 shares during the last quarter. Clayton Financial Group LLC purchased a new stake in Exxon Mobil in the third quarter valued at $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 period. Finally, Halbert Hargrove Global Advisors LLC raised its stake in shares of 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 valued at $42,000 after buying an additional 181 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Analyst Ratings Changes
Several analysts recently commented on the company. Piper Sandler dropped their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Citigroup increased their target price 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. TD Cowen restated a “buy” rating on shares of Exxon Mobil in a research report on Monday. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target of $132.74.
Exxon Mobil Trading Up 2.2%
Shares of Exxon Mobil stock opened at $140.67 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 twelve month low of $97.80 and a twelve month high of $142.34. The firm has a market capitalization of $593.22 billion, a PE ratio of 20.45, a P/E/G ratio of 14.53 and a beta of 0.37. The firm’s 50-day moving average price is $122.31 and its 200 day moving average price is $115.91.
Exxon Mobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%. On average, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.
Insider Transactions at Exxon Mobil
In other news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president owned 28,584 shares of the company’s stock, valued at $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 0.03% of the stock is currently owned by company insiders.
Trending Headlines about Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk is lifting oil prices, which benefits integrated majors like Exxon by supporting upstream margins and refining spreads. Oil Rallies On Iran War Fears
- Positive Sentiment: Analysts highlight a structural LNG wave in 2026 that should boost gas demand and benefit Exxon’s gas/LNG exposure, a medium-term tailwind for earnings. What the LNG Wave Means
- Positive Sentiment: Corporate moves: Exxon is emphasizing carbon capture (CCS) and reshaping its portfolio (including exiting the Fife plant), signaling focus on higher-return/transition assets that investors may view favorably over time. Exxon Mobil Reshapes Portfolio With CCS Push
- Positive Sentiment: Strategic partnerships: expanded R&D and supply-chain cooperation with BYD on hybrid EV innovation supports diversification into low-carbon transport tech. BYD & ExxonMobil Boost Cooperation
- Neutral Sentiment: Market positioning & betting: short-term speculation and prediction markets (Polymarket) are focused on whether Exxon will beat Q4 estimates; this raises event-driven volatility but doesn’t change fundamentals. Polymarket Odds: Will AXP, XOM, VZ Beat Earnings?
- Neutral Sentiment: Earnings previews are mixed: analysts expect refining resilience to offset weaker upstream pricing, so Q4 results could show offsetting effects rather than a clear beat or miss. Exxon Mobil Q4 Preview
- Negative Sentiment: High expectations create risk: coverage notes the stock is pricing in strong long‑term growth even as analysts trim profit forecasts—Exxon must show credible growth catalysts or risk a pullback. Exxon Earnings Are Coming. The Stock Is Pricing in Big Growth.
- Negative Sentiment: “Smart money” caution: commentary flags investor wariness ahead of earnings, signaling potential downside if results or guidance disappoint. Why the smart money is pensive
- Neutral Sentiment: Analyst action: Bank of America raised its price target to $135 but kept a neutral rating, which implies limited upside from that firm’s view and mixed analyst sentiment overall. Benzinga
Exxon Mobil 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.
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