World Investment Advisors boosted its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 24.8% in the fourth quarter, HoldingsChannel reports. The firm owned 303,136 shares of the oil and gas company’s stock after buying an additional 60,332 shares during the period. Exxon Mobil makes up about 0.6% of World Investment Advisors’ portfolio, making the stock its 27th largest position. World Investment Advisors’ holdings in Exxon Mobil were worth $36,479,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also recently bought and sold shares of XOM. Peoples Bank OH grew its stake in shares of Exxon Mobil by 0.5% in the 4th quarter. Peoples Bank OH now owns 14,993 shares of the oil and gas company’s stock valued at $1,804,000 after buying an additional 71 shares during the period. MOKAN Wealth Management Inc. boosted its holdings in Exxon Mobil by 1.3% in the fourth quarter. MOKAN Wealth Management Inc. now owns 5,903 shares of the oil and gas company’s stock worth $711,000 after acquiring an additional 77 shares in the last quarter. Field & Main Bank grew its stake in Exxon Mobil by 0.3% in the fourth quarter. Field & Main Bank now owns 23,393 shares of the oil and gas company’s stock valued at $2,815,000 after acquiring an additional 78 shares during the period. Capstone Wealth Management LLC grew its stake in Exxon Mobil by 3.1% in the fourth quarter. Capstone Wealth Management LLC now owns 2,606 shares of the oil and gas company’s stock valued at $314,000 after acquiring an additional 79 shares during the period. Finally, Birchbrook Inc. increased its holdings in shares of Exxon Mobil by 0.8% during the fourth quarter. Birchbrook Inc. now owns 9,716 shares of the oil and gas company’s stock valued at $1,169,000 after acquiring an additional 79 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Analysts Set New Price Targets
XOM has been the topic of a number of research reports. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Bank of America boosted their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research note on Monday, March 2nd. Wells Fargo & Company lowered their price objective on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Jefferies Financial Group raised their price objective on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Finally, Zacks Research raised shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Nine research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and an average target price of $148.89.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical escalation is lifting oil prices and supporting Exxon’s rally; analysts and outlets note the conflict is adding near-term upside to oil majors’ earnings. Exxon Mobil: Iran War Creates Earnings Upside
- Positive Sentiment: Coverage highlights Exxon hitting an all-time high amid renewed geopolitical risk supporting oil; this momentum is driving buying interest. Exxon Mobil Stock Surges To All-Time High Tuesday
- Positive Sentiment: Market commentary notes XOM outperformed while the broader market dipped, signaling relative strength and investor preference for oil exposure. Why the Market Dipped But Exxon Mobil (XOM) Gained Today
- Positive Sentiment: Exxon awarded FEED work for the Longtail FPSO in Guyana (via contractor announcement), confirming ongoing capital deployment and production growth prospects. SBM Offshore awarded FEED contracts for the Longtail project in Guyana
- Neutral Sentiment: Analyst and media pieces recommend top oil names (including XOM) as long-term buys given low-cost assets (Guyana, Permian) — supportive sentiment but already priced into the rally. 2 of the Best Oil Stocks to Buy Now and Hold for Decades
- Neutral Sentiment: Broader market warnings that a prolonged U.S.-Iran conflict increases economic risk and market volatility — this supports oil prices but raises macro risk for equities. Economic risks of U.S. war on Iran keep mounting
- Negative Sentiment: Reports note damage from a Qatar strike could cause material revenue hits (~$5B cited in some outlets), a direct operational/earnings risk if confirmed. ExxonMobil (XOM) Stock Surges 6% Despite $5B Revenue Loss from Qatar Strike Damage
Exxon Mobil Trading Up 2.5%
Shares of Exxon Mobil stock opened at $165.22 on Wednesday. The company has a market capitalization of $688.42 billion, a P/E ratio of 24.70, a price-to-earnings-growth ratio of 1.26 and a beta of 0.35. The stock has a fifty day simple moving average of $147.09 and a 200 day simple moving average of $127.07. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $167.48. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same period last year, the firm earned $1.67 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. On average, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.5%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.
Insider Buying and Selling at Exxon Mobil
In other news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. In the last quarter, insiders sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by insiders.
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.
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