GRIMES & Co WEALTH MANAGEMENT LLC Has $11.41 Million Stake in Exxon Mobil Corporation $XOM

GRIMES & Co WEALTH MANAGEMENT LLC raised its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 26.0% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 101,158 shares of the oil and gas company’s stock after purchasing an additional 20,846 shares during the period. GRIMES & Co WEALTH MANAGEMENT LLC’s holdings in Exxon Mobil were worth $11,406,000 at the end of the most recent quarter.

A number of other institutional investors have also recently made changes to their positions in the stock. Nexus Investment Management ULC increased its position in Exxon Mobil by 1.6% during the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock valued at $653,000 after purchasing an additional 89 shares during the period. Axis Wealth Partners LLC raised its stake in Exxon Mobil by 1.8% during the second quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock worth $545,000 after buying an additional 90 shares during the last quarter. Sagace Wealth Management LLC lifted its holdings in Exxon Mobil by 2.7% in the third quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock valued at $388,000 after buying an additional 90 shares during the period. Willow Creek Wealth Management Inc. lifted its holdings in Exxon Mobil by 3.6% in the second quarter. Willow Creek Wealth Management Inc. now owns 2,640 shares of the oil and gas company’s stock valued at $285,000 after buying an additional 91 shares during the period. Finally, Creative Capital Management Investments LLC boosted its position in Exxon Mobil by 2.5% during the third quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock valued at $417,000 after acquiring an additional 91 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts have recently issued reports on XOM shares. Jefferies Financial Group boosted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. Sanford C. Bernstein dropped their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Morgan Stanley increased their price target on Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a report on Wednesday, December 10th. Barclays lowered their price objective on shares of Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research note on Tuesday, October 7th. Finally, BNP Paribas upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil has an average rating of “Hold” and an average price target of $130.25.

Insider Buying and Selling at Exxon Mobil

In related 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 value of $351,570.00. Following the sale, the vice president owned 28,584 shares in the company, 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 at this link. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil News Roundup

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

• Positive Sentiment: Reports say Exxon’s Baton Rouge refinery is preparing to run Venezuelan crude, which could boost refinery throughput and margins if sanctioned supplies become available. Read More.
• Positive Sentiment: Market commentary links Exxon’s CEO remarks on Venezuela to the stock rally, suggesting investors are rewarding the company’s cautious stance and perceived opportunity to access new crude flows. Read More.
• Positive Sentiment: High-profile traders/hosts have named XOM among attractive energy picks on TV, adding short-term buying interest from retail and momentum investors. Read More.
• Neutral Sentiment: Exxon says it remains interested in a potential Venezuela visit and is prepared to send an assessment team — signals intent but not a guaranteed deal; investors will watch for clarity on sanctions and commercial terms. Read More.
• Neutral Sentiment: Exxon scheduled its Q4 2025 results release for Jan. 30 — a catalyst date where production, refining margins and Venezuela exposure will be scrutinized. Read More.
• Neutral Sentiment: Shell and Exxon halted a planned sale of Southern North Sea gas assets to Viaro Energy — removes a near-term divestiture event and leaves existing asset exposure in place. Read More.
• Negative Sentiment: President Trump publicly threatened to block Exxon from Venezuelan deals after the CEO called the country “uninvestable,” creating political risk that could limit Exxon’s access to Venezuelan crude or projects. Read More.
• Negative Sentiment: Coverage highlights the diplomatic backlash from CEO comments — increased political scrutiny raises execution risk on any Venezuela opportunity and could weigh on sentiment. Read More.
• Negative Sentiment: Analysts and roundups flag lower Q4 earnings expectations driven by recent crude-price weakness, a reminder that commodity-driven earnings volatility remains a downside risk. Read More.

Exxon Mobil Trading Up 2.8%

NYSE XOM opened at $130.12 on Thursday. 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 Corporation has a 52 week low of $97.80 and a 52 week high of $131.72. The business has a 50 day moving average price of $118.83 and a 200-day moving average price of $114.28. The company has a market cap of $548.73 billion, a price-to-earnings ratio of 18.91, a P/E/G ratio of 7.89 and a beta of 0.37.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.72 by $0.16. The business had revenue of $83.33 billion during the quarter, compared to the consensus estimate of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. Exxon Mobil’s revenue was down 5.2% compared to the same quarter last year. During the same quarter last year, the firm posted $1.92 EPS. As a group, equities 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 disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a dividend of $1.03 per share. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio is 59.88%.

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.