Csenge Advisory Group trimmed its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 6.2% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 77,043 shares of the oil and gas company’s stock after selling 5,096 shares during the quarter. Csenge Advisory Group’s holdings in Exxon Mobil were worth $8,687,000 as of its most recent filing with the SEC.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. Marshall & Sullivan Inc. WA bought a new position in shares of Exxon Mobil during the second quarter worth approximately $38,000. Bare Financial Services Inc grew its position in Exxon Mobil by 121.8% during the second 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 in the last quarter. Clayton Financial Group LLC bought a new position in Exxon Mobil during the 3rd quarter worth $40,000. TruNorth Capital Management LLC raised its holdings in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares in the last quarter. Finally, Investment Research & Advisory Group Inc. bought a new stake in shares of Exxon Mobil during the 2nd quarter valued at $42,000. Institutional investors and hedge funds own 61.80% of the company’s stock.
More Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: International oil companies (including Exxon) are lobbying for Venezuelan hydrocarbon law changes that would let producers freely export oil they produce—this could materially unlock stranded Venezuelan barrels and improve long‑term upstream cash flows for companies with exposure. Read More.
- Positive Sentiment: Exxon awarded a contract to acquire 3D deepwater seismic offshore Trinidad & Tobago, signaling continued investment in high‑value exploration acreage and potential future resource delineation that supports production growth. Read More.
- Positive Sentiment: Technical analysis commentary notes Exxon reached a new all‑time high and shows impulsive rally characteristics—this can attract momentum traders and reinforce upside near term. Read More.
- Neutral Sentiment: Analysts note WTI near $60 could pressure upstream earnings, but Exxon’s low leverage and premium asset base should help it weather softer prices—mixed implications for earnings vs. balance‑sheet stability. Read More.
- Neutral Sentiment: Coverage pieces and investor commentary flag that Exxon is actively assessing Venezuelan assets and upcoming earnings; monitoring not immediate action—keeps optional upside but also uncertainty. Read More.
- Neutral Sentiment: Broader market pieces listing stocks for midterm‑year positioning may include cyclical energy exposure; this is a portfolio‑level consideration rather than a company‑specific catalyst. Read More.
- Negative Sentiment: Exxon flagged lower Q4 earnings expectations tied to declining crude prices—this is the most direct near‑term earnings risk and can pressure sentiment until actual results and guidance are reported. Read More.
- Negative Sentiment: Public friction between political figures and Exxon’s CEO over Venezuela policy adds political/regulatory risk and could create short‑term volatility tied to headlines. Read More.
- Negative Sentiment: Exxon and Shell halted the planned sale of key U.K. North Sea gas assets after regulatory and commercial hurdles—this removes near‑term divestment proceeds and keeps the assets on the balance sheet, which may weigh on capital allocation expectations. Read More.
Wall Street Analyst Weigh In
A number of research analysts recently commented on the company. Cowen restated a “buy” rating on shares of Exxon Mobil in a research report on Friday, December 12th. Piper Sandler reduced their price objective on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Mizuho boosted their target price on shares of Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research report on Friday, December 12th. Bank of America reduced their price target on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. Finally, Morgan Stanley lifted their price objective on shares of Exxon Mobil from $135.00 to $137.00 and gave the company an “overweight” rating in a research note on Wednesday, December 10th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $130.25.
View Our Latest Research Report on XOM
Insider Transactions at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. This trade represents a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 0.03% of the stock is currently owned by insiders.
Exxon Mobil Trading Up 0.5%
Shares of Exxon Mobil stock opened at $129.78 on Friday. The firm’s 50 day moving average is $119.37 and its 200 day moving average is $114.57. The firm has a market capitalization of $547.30 billion, a PE ratio of 18.86, a price-to-earnings-growth ratio of 8.05 and a beta of 0.37. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $131.72. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, beating analysts’ consensus estimates of $1.72 by $0.16. The firm had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company’s quarterly revenue was down 5.2% on a year-over-year basis. During the same quarter last year, the business posted $1.92 earnings per share. Equities research analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Increases Dividend
The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. The ex-dividend date was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a yield of 3.2%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is presently 59.88%.
Exxon Mobil 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.
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