High Net Worth Advisory Group LLC Sells 4,729 Shares of Exxon Mobil Corporation $XOM

High Net Worth Advisory Group LLC lessened its position in Exxon Mobil Corporation (NYSE:XOM) by 15.2% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 26,381 shares of the oil and gas company’s stock after selling 4,729 shares during the period. High Net Worth Advisory Group LLC’s holdings in Exxon Mobil were worth $2,975,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently modified their holdings of the company. 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 boosted its stake in shares of Exxon Mobil by 1.8% during the 2nd quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock valued at $545,000 after purchasing an additional 90 shares in the last quarter. Sagace Wealth Management LLC increased its position in shares of Exxon Mobil by 2.7% during 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. raised its stake 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 worth $285,000 after buying an additional 91 shares in the last quarter. Finally, Creative Capital Management Investments LLC lifted its holdings in Exxon Mobil by 2.5% in the third quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock worth $417,000 after buying an additional 91 shares during the period. 61.80% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction on 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 sale, the vice president directly owned 28,584 shares in the company, valued at approximately $3,349,758.96. The trade was a 9.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 0.03% of the company’s stock.

More Exxon Mobil News

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

• Positive Sentiment: Company continues to prioritize returns to shareholders — coverage notes rising dividends and active buybacks backed by low-cost assets and low debt, supporting investor confidence in cash returns through oil cycles. How ExxonMobil Keeps Rewarding Shareholders Across Various Oil Cycles
• Positive Sentiment: Exxon hired Shearwater Geoservices for a large 3D seismic survey offshore Trinidad & Tobago — a move that supports future deepwater exploration and potential reserve upside, which is positive for medium/long-term production growth. ExxonMobil Taps Shearwater Geoservices for a Large Seismic Survey
• Positive Sentiment: High-profile bullish commentary — Jim Cramer named Exxon a market “real leader,” which can lift retail/investor sentiment and trading interest. Jim Cramer Calls Exxon Mobil One of the “Real Leaders in This Market” Jim Cramer Calls Exxon Mobil One of the “Real Leaders in This Market” (InsiderMonkey)
• Neutral Sentiment: Exxon expanding the Comarch loyalty platform across key European markets — may modestly boost downstream retail engagement and margins over time but is unlikely to move near-term fundamentals. How Investors May Respond To Exxon Mobil (XOM) Expanding Comarch Loyalty Platform Across Key European Markets
• Neutral Sentiment: Geopolitical-driven oil volatility — recent coverage on Venezuelan developments shows crude spiking then falling; such swings increase short-term earnings uncertainty but are a market-wide factor rather than company-specific. Venezuela’s Short v. Long-Term Oil Impacts & How XOM, CVX Play a Role
• Negative Sentiment: Analyst pressure — Scotiabank and Wolfe Research cut price targets for XOM, which can weigh on sentiment and cap near-term upside despite operational positives. Scotiabank and Wolfe Research cut Exxon Mobil (XOM) price targets

Exxon Mobil Stock Performance

Shares of XOM stock opened at $129.78 on Tuesday. The company has a market capitalization of $547.30 billion, a price-to-earnings ratio of 18.86, a price-to-earnings-growth ratio of 8.05 and a beta of 0.37. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $131.72. The company’s 50-day moving average is $119.60 and its 200 day moving average is $114.72.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 31st. The oil and gas company reported $1.88 EPS for the quarter, beating the consensus estimate of $1.72 by $0.16. The business had revenue of $83.33 billion for the quarter, compared to the consensus estimate of $83.09 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The company’s revenue was down 5.2% compared to the same quarter last year. During the same period last year, the business posted $1.92 EPS. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $1.03 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio is 59.88%.

Wall Street Analysts Forecast Growth

A number of research analysts have weighed in on the company. Barclays reduced their target price on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating on the stock in a report on Tuesday, October 7th. Bank of America reduced their price target on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research note on Thursday, December 11th. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Mizuho upped their target price on shares of Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research report on Friday, December 12th. Finally, Citigroup increased their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $130.25.

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.