Arkadios Wealth Advisors Boosts Holdings in Exxon Mobil Corporation $XOM

Arkadios Wealth Advisors raised its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 18.0% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 184,824 shares of the oil and gas company’s stock after acquiring an additional 28,149 shares during the quarter. Exxon Mobil makes up 0.5% of Arkadios Wealth Advisors’ portfolio, making the stock its 28th largest holding. Arkadios Wealth Advisors’ holdings in Exxon Mobil were worth $20,839,000 as of its most recent SEC filing.

Other institutional investors also recently bought and sold shares of the company. Norges Bank purchased a new position in Exxon Mobil during the second quarter valued at approximately $6,163,719,000. First Trust Advisors LP raised its position in shares of Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock valued at $819,560,000 after buying an additional 4,563,707 shares during the last quarter. Cerity Partners LLC lifted its holdings in shares of Exxon Mobil by 200.7% in the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after buying an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC boosted its position in shares of Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after acquiring an additional 3,066,736 shares during the last quarter. Finally, Mizuho Markets Cayman LP purchased a new position in Exxon Mobil during the second quarter valued at $144,147,000. 61.80% of the stock is owned by institutional investors.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Exxon continues to prioritize shareholder returns through rising dividends and buybacks funded by strong cash flow, low debt and low-cost assets — a thesis that supports equity demand across oil-cycle volatility. 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 advances exploration optionality and potential future production growth. Exploration upside can re-rate energy names if successful. ExxonMobil Taps Shearwater Geoservices for a Large Seismic Survey
• Positive Sentiment: Management is expanding the Comarch loyalty platform across key European markets, which could boost downstream customer engagement and refine retail margins — investors may view this as steadying near-term cash flow and strengthening non-upstream revenues. How Investors May Respond To Exxon Mobil (XOM) Expanding Comarch Loyalty Platform Across Key European Markets
• Neutral Sentiment: Analysts are reassessing Exxon’s valuation after reported improved access to Venezuela and the European loyalty expansion; the net effect may be mixed — potential production upside from Venezuela vs. execution and geopolitical risks. Investors will watch guidance and reserve updates for clarity. Assessing Exxon Mobil (XOM) Valuation After Venezuela Access And European Loyalty Expansion
• Negative Sentiment: Scotiabank and Wolfe Research cut price targets on XOM, which can create short-term downward pressure on the stock and temper upside expectations among some institutional holders. Scotiabank and Wolfe Research cut Exxon Mobil (XOM) price targets

Analyst Upgrades and Downgrades

Several research analysts have commented on XOM shares. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a report on Friday. BNP Paribas upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Monday, December 8th. Cowen reaffirmed a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Friday, January 9th. Finally, Bank of America lowered their target price on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a report on Thursday, December 11th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $130.25.

Insider Activity

In related news, VP Darrin L. Talley sold 3,000 shares of the firm’s stock in a transaction on 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 owned 28,584 shares in the company, valued at $3,349,758.96. This trade represents a 9.50% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Up 0.4%

NYSE:XOM opened at $130.41 on Wednesday. The stock has a market capitalization of $549.96 billion, a price-to-earnings ratio of 18.95, a PEG ratio of 8.05 and a beta of 0.37. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $131.94. 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 50 day moving average of $119.81 and a 200 day moving average of $114.85.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The business had revenue of $83.33 billion for the quarter, compared to analyst estimates of $83.09 billion. During the same period in the previous year, the company earned $1.92 earnings per share. The business’s revenue for the quarter was down 5.2% on a year-over-year basis. As a group, sell-side analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders 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 dividend on an annualized basis and a dividend yield of 3.2%. The ex-dividend date of this dividend 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.