State of Alaska Department of Revenue Sells 27,176 Shares of Exxon Mobil Corporation $XOM

Posted by Defense World Staff on Jan 12th, 2026

State of Alaska Department of Revenue trimmed its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 4.2% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 616,135 shares of the oil and gas company’s stock after selling 27,176 shares during the period. Exxon Mobil comprises about 0.7% of State of Alaska Department of Revenue’s investment portfolio, making the stock its 14th biggest position. State of Alaska Department of Revenue’s holdings in Exxon Mobil were worth $69,469,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also made changes to their positions in the company. Marshall & Sullivan Inc. WA acquired a new position in Exxon Mobil in the 2nd quarter valued at approximately $38,000. Bare Financial Services Inc grew its holdings 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 purchasing an additional 201 shares in the last quarter. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at approximately $40,000. TruNorth Capital Management LLC raised its stake in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after purchasing an additional 335 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. acquired a new position in shares of Exxon Mobil in the second quarter valued at $42,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.4%

Shares of Exxon Mobil stock opened at $124.60 on Monday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $125.93. The stock has a market capitalization of $525.44 billion, a P/E ratio of 18.11, a price-to-earnings-growth ratio of 7.77 and a beta of 0.37. The company has a 50-day simple moving average of $118.05 and a 200 day simple moving average of $113.95. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, June 17th. The oil and gas company reported $0.65 earnings per share 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 for the quarter. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a dividend of $1.03 per share. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.3%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s payout ratio is 59.88%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the stock. TD Cowen lifted their price target on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Barclays decreased their target price on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a research report on Tuesday, October 7th. Bank of America lowered their target price on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. Piper Sandler cut their price target on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday. Finally, Jefferies Financial Group lifted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $129.71.

View Our Latest Stock Analysis on XOM

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the sale, the vice president 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Corporate insiders own 0.03% of the company’s stock.

Key Headlines Impacting Exxon Mobil

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

Positive Sentiment: U.S. push on Venezuela raises the prospect of new upstream opportunities for major oil names, and media/market commentary (including Jim Cramer) has highlighted Exxon as a potential beneficiary—supporting upside investor sentiment. Jim Cramer discusses Exxon (XOM) & Venezuela operation
Positive Sentiment: Exxon signed a Memorandum of Understanding with Turkey’s national oil company to explore untapped Black Sea and Mediterranean acreage—a near‑term growth/production prospect that investors view positively. ExxonMobil Enters Exploration MoU With Turkey’s National Oil Company
Positive Sentiment: Analyst commentary notes Exxon’s strong history of earnings beats and the company’s mix of upstream/refining businesses that can produce upside surprises—supporting expectations for another solid report. Will Exxon (XOM) Beat Estimates Again in Its Next Earnings Report?
Neutral Sentiment: Coverage highlights Exxon’s integrated model—refining and marketing gains can offset upstream weakness—reducing earnings volatility but limiting upside tied solely to crude prices. XOM’s Integrated Business Model Shields Earnings Amid Lower Oil Prices
Neutral Sentiment: Analyst and media pieces also highlight Exxon’s low‑carbon projects (CCS, hydrogen, lithium) and durable dividend profile—longer‑term positives but less likely to move near‑term price action. Will ExxonMobil’s Low-Carbon Business Act as Its Next Growth Engine?
Negative Sentiment: Exxon warned that lower liquids/crude prices could cut fourth‑quarter upstream profit by roughly $800M–$1.2B versus Q3—an explicit near‑term earnings headwind that pressured the stock on earlier headlines. Exxon signals fall in fourth-quarter upstream profit
Negative Sentiment: Multiple outlets repeated the warning (and at least one analyst downgrade followed), keeping downside risk if oil prices remain weak into the quarter close. Exxon Mobil Tells Investors Falling Oil Prices Will Dent Profits

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.