Naviter Wealth LLC Sells 6,890 Shares of Exxon Mobil Corporation $XOM

Naviter Wealth LLC decreased its stake in Exxon Mobil Corporation (NYSE:XOM) by 4.6% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 142,098 shares of the oil and gas company’s stock after selling 6,890 shares during the quarter. Exxon Mobil makes up 2.2% of Naviter Wealth LLC’s holdings, making the stock its 9th biggest position. Naviter Wealth LLC’s holdings in Exxon Mobil were worth $17,100,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also modified their holdings of XOM. Eagle Capital Management LLC lifted its stake in shares of Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $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 first quarter worth about $305,000. Sivia Capital Partners LLC lifted its stake in shares of Exxon Mobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after buying an additional 207 shares in the last quarter. United Bank lifted its stake in shares of Exxon Mobil by 2.8% in the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after buying an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Exxon Mobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock worth $3,957,000 after buying an additional 5,443 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Several sell‑side firms raised targets/ratings this week (Jefferies to $184, RBC to $180, Wells Fargo to $185, JPMorgan raised to $170) — these upgrades signal continued analyst conviction in XOM’s upside and longer‑term cash generation potential. Jefferies target raise
• Positive Sentiment: JPMorgan issued a positive forecast and Erste Group lifted earnings estimates, supporting near‑to‑medium term earnings outlook. JPMorgan forecast
• Positive Sentiment: Macro demand tailwind: articles highlight rising LNG demand and geopolitically driven export opportunities that could boost Exxon’s upstream and LNG-related cash flows. This is a structural positive if exports and pricing remain strong. LNG demand surge
• Neutral Sentiment: Earnings preview: XOM is set to report Q1 results soon with Wall Street expecting single‑digit EPS growth — a modest beat could calm sellers, but expectations aren’t lofty enough to drive a large rally on their own. Earnings preview
• Neutral Sentiment: Analysts note attractive long‑term free cash flow despite near‑term earnings headwinds (TD Cowen maintaining a Buy). That supports dividend stability and buyback optionality, making XOM a defensive energy pick for income investors. TD Cowen note
• Neutral Sentiment: Options and volatility stories: elevated option activity and unusual vol indicate traders are positioning for big moves around catalysts (earnings, oil swings). This raises short‑term risk/reward for active traders. Options volatility
• Negative Sentiment: Wolfe Research cut its price target to $153 and an analyst downgrade triggered intraday selling; this contributed to downward pressure on the stock. Wolfe Research cut
• Negative Sentiment: Oil prices plunged (~16%) after reports of an Iran ceasefire / suspension of hostilities, which materially reduced the geopolitical risk premium — that sharp crude decline is the primary near‑term reason energy names, including XOM, fell. Oil price crash
• Negative Sentiment: Sector rotation and calmer geopolitics led intraday reversals — rallies tied to a high‑risk energy shock retraced as markets priced in lower risk, pressuring XOM despite favorable fundamentals. Intraday reversal

Analyst Ratings Changes

XOM has been the topic of several research reports. Citigroup raised their price target on shares of Exxon Mobil from $150.00 to $175.00 and gave the stock a “neutral” rating in a research note on Thursday, April 2nd. Wells Fargo & Company raised their price target on shares of Exxon Mobil from $183.00 to $185.00 and gave the stock an “overweight” rating in a research note on Thursday. Barclays raised their price target on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research note on Monday, March 16th. Sanford C. Bernstein decreased their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, Bank of America raised their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. One investment analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $159.20.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold 11,460 shares of company stock worth $1,687,854 over the last quarter. 0.03% of the stock is owned by insiders.

Exxon Mobil Price Performance

Shares of XOM stock opened at $152.43 on Friday. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm’s 50-day moving average is $154.51 and its two-hundred day moving average is $131.38. Exxon Mobil Corporation has a 12 month low of $98.79 and a 12 month high of $176.41. The company has a market capitalization of $635.14 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 0.98 and a beta of 0.29.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping 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 the consensus estimate of $77.98 billion. During the same period in the previous year, the firm earned $1.67 earnings per share. Exxon Mobil’s quarterly revenue was down 1.3% compared to the same quarter last year. Analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. Exxon Mobil’s payout ratio is 61.58%.

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.