American National Bank & Trust Increases Stock Holdings in Exxon Mobil Corporation $XOM

American National Bank & Trust increased its stake in shares of Exxon Mobil Corporation (NYSE:XOMFree Report) by 10.8% during the 3rd quarter, according to the company in its most recent filing with the SEC. The fund owned 73,981 shares of the oil and gas company’s stock after purchasing an additional 7,237 shares during the quarter. American National Bank & Trust’s holdings in Exxon Mobil were worth $8,341,000 at the end of the most recent quarter.

Other institutional investors also recently bought and sold shares of the company. Linscomb Wealth Inc. lifted its position in shares of Exxon Mobil by 1.4% during the 2nd quarter. Linscomb Wealth Inc. now owns 389,769 shares of the oil and gas company’s stock valued at $42,017,000 after buying an additional 5,527 shares in the last quarter. Jones Financial Companies Lllp lifted its holdings in Exxon Mobil by 52.3% during the first quarter. Jones Financial Companies Lllp now owns 382,989 shares of the oil and gas company’s stock valued at $45,149,000 after purchasing an additional 131,600 shares in the last quarter. U.S. Capital Wealth Advisors LLC grew its position in shares of Exxon Mobil by 3.3% in the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares during the period. Capital Counsel LLC NY increased its stake in shares of Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after purchasing an additional 460 shares in the last quarter. Finally, OneAscent Wealth Management LLC raised its position in shares of Exxon Mobil by 116.7% during the 2nd quarter. OneAscent Wealth Management LLC now owns 7,657 shares of the oil and gas company’s stock worth $825,000 after purchasing an additional 4,123 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 3,000 shares of the company’s stock in a transaction that occurred on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the transaction, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. This represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Trending Headlines about Exxon Mobil

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

  • Positive Sentiment: Geopolitical move in Venezuela is creating hopes for big investment and asset-recovery opportunities for U.S. oil majors; investors are pricing in potential work rebuilding Venezuela’s oil sector and possible compensation for nationalized assets, which benefits Exxon’s long-term reserves and recoverable-value story. Venezuela chaos could lead to billions in investment opportunities
  • Positive Sentiment: Market reaction: energy stocks including Exxon rallied on the Venezuela news and Trump administration comments urging U.S. firms to invest in Venezuela — this lift reflects expectations of new upstream projects and claims recovery that would materially expand Exxon’s addressable resources. Chevron, Exxon and SLB Stocks Are Surging
  • Positive Sentiment: Policy signal that firms must reinvest to recover Venezuela claims: the White House/State Department outreach suggesting majors would need to put capital to work to claim compensation supports higher future capital spending and recovery wins for companies with past expropriations like Exxon. US pushes oil majors to invest big in Venezuela
  • Neutral Sentiment: Operational/consultation uncertainty — reports say the administration did not consult the majors before the Venezuela action and meetings are being planned; this creates short-term uncertainty about timing, access and legal frameworks despite the upside narrative. Trump administration has not consulted US oil majors
  • Neutral Sentiment: Technical/momentum narratives: analysts and outlets point to a breakout and positive share-price momentum after the geopolitical shock; this can amplify short-term inflows but may not reflect fundamentals. Exxon Mobil Jumps On Venezuela Shock
  • Neutral Sentiment: Unusual options activity flagged by market-watchers — could reflect hedging or directional bets around the Venezuela story and earnings/cash-flow narratives; worth monitoring for short-term volatility. Exxon Mobil Target of Unusually Large Options Trading
  • Negative Sentiment: Legal/legacy risk: a new class-action filing (Portnoy Law Firm) alleges issues tied to a 2016 period — legal proceedings can be a distraction and carry potential costs, though this appears disconnected from the current Venezuela-driven move. Portnoy Law Firm Announces Class Action
  • Negative Sentiment: Analyst update: Sanford C. Bernstein trimmed its price target slightly (to $137) while keeping an outperform rating — a modest downgrade that tempers upside expectations versus some of the bullish headlines. Bernstein lowers price target

Analyst Ratings Changes

Several equities research analysts recently issued reports on XOM shares. Jefferies Financial Group lifted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Tuesday, December 9th. Wall Street Zen raised Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Sanford C. Bernstein lowered their target price 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. Finally, Morgan Stanley increased their target price on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research report on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and an average price target of $129.81.

Get Our Latest Stock Report on XOM

Exxon Mobil Stock Up 2.2%

NYSE XOM opened at $125.35 on Tuesday. The business’s fifty day simple moving average is $117.52 and its 200-day simple moving average is $113.64. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. The firm has a market cap of $528.64 billion, a PE ratio of 18.22, a P/E/G ratio of 7.56 and a beta of 0.37. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $125.93.

Exxon Mobil (NYSE:XOMGet Free Report) last released its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $57.55 billion during the quarter. As a group, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.3%. 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 dividend payout ratio is presently 59.88%.

Exxon Mobil Company Profile

(Free Report)

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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Institutional Ownership by Quarter for Exxon Mobil (NYSE:XOM)

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