CNB Bank Purchases 4,555 Shares of Exxon Mobil Corporation $XOM

CNB Bank raised its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 13.7% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 37,692 shares of the oil and gas company’s stock after purchasing an additional 4,555 shares during the quarter. Exxon Mobil accounts for approximately 1.8% of CNB Bank’s portfolio, making the stock its 11th largest position. CNB Bank’s holdings in Exxon Mobil were worth $4,250,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in XOM. Eagle Capital Management LLC boosted its stake in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP bought a new position in shares of Exxon Mobil in the first quarter valued at approximately $305,000. Sivia Capital Partners LLC boosted its position in shares of Exxon Mobil by 1.9% during the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the last quarter. Kooman & Associates boosted its position in shares of Exxon Mobil by 5.8% during the second quarter. Kooman & Associates now owns 6,128 shares of the oil and gas company’s stock valued at $661,000 after buying an additional 336 shares during the last quarter. Finally, AM Investment Strategies LLC raised its position in Exxon Mobil by 14.2% in the 2nd quarter. AM Investment Strategies LLC now owns 2,776 shares of the oil and gas company’s stock valued at $299,000 after buying an additional 346 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Exxon Mobil Stock Performance

Shares of XOM stock opened at $133.54 on Friday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The firm has a market cap of $563.16 billion, a price-to-earnings ratio of 19.41, a P/E/G ratio of 8.51 and a beta of 0.37. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $134.18. The firm’s 50-day simple moving average is $120.42 and its two-hundred day simple moving average is $115.11.

Exxon Mobil (NYSE:XOM) last released 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 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%. The company’s revenue was down 5.2% compared to the same quarter last year. During the same period in the prior year, the firm earned $1.92 EPS. As a group, equities analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Shareholders of record on Friday, November 14th were paid a $1.03 dividend. The ex-dividend date was Friday, November 14th. This is a boost from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 annualized dividend and a dividend yield of 3.1%. Exxon Mobil’s dividend payout ratio is presently 59.88%.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on XOM shares. BNP Paribas Exane raised shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective on the stock in a report on Monday, December 8th. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Morgan Stanley increased 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. Finally, TD Cowen restated a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average target price of $132.00.

Insider Activity at Exxon Mobil

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 completion of the transaction, 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 position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 0.03% of the stock is owned by corporate insiders.

Key Exxon Mobil News

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

• Positive Sentiment: JPMorgan raised its price target on XOM, a direct positive for sentiment and institutional demand as higher targets can prompt upgrades and buying pressure. Exxon Mobil (XOM) Price Target Raised by $9 at JPMorgan
• Positive Sentiment: DBS initiated/issued a buy on Exxon, adding another buy-side endorsement that can support shares and flow into the stock. Exxon Mobil (XOM) Receives a Buy from DBS
• Positive Sentiment: UBS reaffirmed a Buy, citing underrated refining capabilities — a reminder that Exxon’s integrated model and refining exposure are key earnings drivers when crude is weak. Exxon Mobil (XOM) Reaffirmed Buy by UBS on Underrated Refining Capabilities
• Positive Sentiment: Exxon broke ground on a Baytown refinery project to produce diesel and lubricant base stocks — a material capex/expansion item that supports longer‑term refining margin capture. Exxon Mobil breaks ground on Baytown refinery project for diesel and lubricant base stocks
• Positive Sentiment: Analyst commentary (Zacks) highlights how Exxon’s integrated business and balance sheet help offset crude weakness — a fundamental rationale investors cite to justify higher multiples when oil softens. How Exxon Mobil’s Integrated Strengths Offset Crude Price Weakness
• Neutral Sentiment: Coverage pieces examine changing analyst views and valuation after last year’s rally — these shape investor positioning but are not immediate catalysts. How Evolving Analyst Views Are Rewriting The Story For Exxon Mobil (XOM)
• Neutral Sentiment: Debates about whether it’s “too late” after a one‑year rally are market psychology stories that can amplify volatility but don’t change fundamentals. Is It Too Late To Consider Exxon Mobil (XOM) After Its 26% One Year Rally?
• Neutral Sentiment: Broader energy coverage (lists of gas dividend stocks, commentary on peers) may redirect some investor flows away from integrated majors toward midstream/dividend plays depending on macro views. 5 Natural Gas Dividend Stocks to Play Frigid Weather and Huge AI-Data Center Demand
• Negative Sentiment: Comparisons favoring fee‑based midstream names (EPD) over upstream exposure highlight investor rotation risk away from Exxon if oil prices remain soft. ExxonMobil vs. EPD: Which Energy Stock Boasts Better Prospects?
• Negative Sentiment: Macro headlines and geopolitical noise (not company‑specific) are weighing sentiment across the energy sector and can cap rallies or trigger short‑term pullbacks. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead

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.