Inspire Advisors LLC Has $2.92 Million Stock Position in Exxon Mobil Corporation $XOM

Inspire Advisors LLC boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 40.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,932 shares of the oil and gas company’s stock after purchasing an additional 7,444 shares during the quarter. Inspire Advisors LLC’s holdings in Exxon Mobil were worth $2,924,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Nexus Investment Management ULC grew its position in Exxon Mobil by 1.6% during the third quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock worth $653,000 after buying an additional 89 shares in the last quarter. Axis Wealth Partners LLC lifted its position in shares of Exxon Mobil by 1.8% in the 2nd quarter. Axis Wealth Partners LLC now owns 5,056 shares of the oil and gas company’s stock worth $545,000 after acquiring an additional 90 shares during the period. Sagace Wealth Management LLC grew its holdings in shares of Exxon Mobil by 2.7% during the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after purchasing an additional 90 shares in the last quarter. Willow Creek Wealth Management Inc. increased its position in shares of Exxon Mobil by 3.6% during 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 purchasing an additional 91 shares during the period. Finally, Creative Capital Management Investments LLC raised its stake in shares of 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 valued at $417,000 after purchasing an additional 91 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Exxon Mobil Price Performance

NYSE:XOM opened at $129.78 on Tuesday. 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 $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 12 month low of $97.80 and a 12 month high of $131.72. The company’s 50-day moving average price is $119.60 and its two-hundred day moving average price is $114.72.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.16. The company had revenue of $83.33 billion during 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 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. On average, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 3.2%. The ex-dividend date was Friday, November 14th. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Analysts Set New Price Targets

A number of research firms have weighed in on XOM. Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research note on Friday. Zacks Research lowered shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research report on Thursday, January 1st. UBS Group reissued a “buy” rating on shares of Exxon Mobil in a research note on Friday, January 9th. Morgan Stanley raised their price target on shares of Exxon Mobil from $135.00 to $137.00 and gave the stock an “overweight” rating in a research note on Wednesday, December 10th. Finally, Piper Sandler decreased their price objective on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a report on Thursday, January 8th. One investment 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 company. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $130.25.

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: 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

About Exxon Mobil

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.