Corsicana & Co. bought a new position in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 28,540 shares of the oil and gas company’s stock, valued at approximately $3,218,000. Exxon Mobil accounts for 1.8% of Corsicana & Co.’s holdings, making the stock its 16th biggest holding.
Other hedge funds also recently added to or reduced their stakes in the company. Marshall & Sullivan Inc. WA acquired a new position in Exxon Mobil during the second quarter worth $38,000. Game Plan Financial Advisors LLC increased its position in shares of Exxon Mobil by 1,500.0% in the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock valued at $38,000 after buying an additional 300 shares in the last quarter. Bare Financial Services Inc raised its stake in shares of Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after buying an additional 201 shares during the last quarter. 1248 Management LLC purchased a new stake in shares of Exxon Mobil in the 1st quarter worth about $40,000. Finally, Investment Research & Advisory Group Inc. purchased a new stake in shares of Exxon Mobil in the 2nd quarter worth about $42,000. 61.80% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling
In other news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction dated 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 transaction, 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 position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. 0.03% of the stock is owned by company insiders.
Exxon Mobil Stock Up 1.3%
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company had revenue of $57.55 billion for the quarter. As a group, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.
Exxon Mobil Increases Dividend
The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.5%. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is 59.88%.
Trending Headlines about Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Oil-price rebound lifts energy stocks — Oil jumped after tensions around Venezuelan oil exports and related military actions raised short-term supply concerns, providing an immediate tailwind for integrated oil names like Exxon. Read More.
- Positive Sentiment: Accelerated exploration in Trinidad — ExxonMobil says it will launch an offshore seismic survey in Trinidad & Tobago as soon as February 2026, signaling an earlier-than-expected push on upstream resource appraisal that could support longer-term production growth. Read More.
- Positive Sentiment: Permian operations cited as a resiliency driver — Analysts highlight Exxon’s low-cost Permian footprint as a source of margin resilience if prices soften, reinforcing investor confidence in cash flow stability. Read More.
- Positive Sentiment: Bullish investor write-ups increase interest — Multiple bullish pieces (Seeking Alpha calls and other buy-themed commentary) are circulating, which can amplify buying interest among retail and sentiment-driven traders. Read More. Read More.
- Neutral Sentiment: Recent performance and trending interest noted — Coverage noting that XOM has outpaced the market and is a trending ticker may attract attention but doesn’t by itself change fundamentals. Read More. / Read More.
Wall Street Analysts Forecast Growth
XOM has been the subject of a number of research reports. Morgan Stanley lifted their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a research report on Wednesday, December 10th. Bank of America dropped their price objective on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Monday, November 3rd. Cowen reiterated a “buy” rating on shares of Exxon Mobil in a report on Friday, December 12th. Finally, Piper Sandler boosted their price target on Exxon Mobil from $141.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. One analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating and thirteen have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of “Moderate Buy” and an average target price of $129.45.
Read Our Latest Stock Analysis on Exxon Mobil
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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