Baker Avenue Asset Management LP Increases Position in Exxon Mobil Corporation $XOM

Baker Avenue Asset Management LP grew its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 19.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 190,043 shares of the oil and gas company’s stock after purchasing an additional 30,392 shares during the period. Baker Avenue Asset Management LP’s holdings in Exxon Mobil were worth $21,427,000 as of its most recent SEC filing.

A number of other institutional investors have also modified their holdings of XOM. Nexus Investment Management ULC boosted its holdings 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 acquiring an additional 89 shares during the period. Sagace Wealth Management LLC lifted 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 worth $388,000 after purchasing an additional 90 shares in the last quarter. Willow Creek Wealth Management Inc. boosted its stake in shares of 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 valued at $285,000 after purchasing an additional 91 shares during the period. Creative Capital Management Investments LLC grew its holdings 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. Finally, Capstone Wealth Management LLC increased its stake in Exxon Mobil by 3.8% during the 3rd quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock worth $285,000 after buying an additional 92 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

More Exxon Mobil News

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

• Positive Sentiment: JPMorgan raised its price target on XOM by $9, providing a direct analyst-driven valuation bump that can support upside and investor confidence. Exxon Mobil (XOM) Price Target Raised by $9 at JPMorgan
• Positive Sentiment: DBS initiated/returned a Buy on XOM, adding another positive analyst endorsement that can drive flows into the stock. Exxon Mobil (XOM) Receives a Buy from DBS
• Positive Sentiment: Exxon broke ground on a Baytown refinery project to expand diesel and lubricant base-stock capacity — a capital allocation move that supports downstream margin expansion and longer-term earnings resilience. Exxon Mobil breaks ground on Baytown refinery project for diesel and lubricant base stocks
• Positive Sentiment: Zacks and other notes flag that Exxon has the mix of factors likely to produce an earnings beat in the upcoming quarterly release — expectations that tend to lift the stock into reporting. Exxon Mobil (XOM) Expected to Beat Earnings Estimates: Should You Buy?
• Neutral Sentiment: Exxon is scheduled to post quarterly results on Friday — the timing concentrates focus and volatility around the print. Exxon Mobil (XOM) Projected to Post Quarterly Earnings on Friday
• Neutral Sentiment: TV mentions (CNBC) and broader media coverage are giving XOM visibility; such coverage can amplify short-term flows but is not a fundamental driver. Kimberly Clark, S&P Global, Exxon Mobil And A Health Care Stock On CNBC’s ‘Final Trades’
• Neutral Sentiment: Analysts remain mixed on energy names, with some preferring fee‑based midstream peers (EPD) for stability — a comparative view that can temper multiple expansion for major integrated oil names like Exxon. ExxonMobil vs. EPD: Which Energy Stock Boasts Better Prospects?
• Negative Sentiment: Macro/geopolitical noise and softer crude prices remain risk factors; market skittishness from macro headlines can pressure energy equities despite company-level positives. Energy Stocks Steady Amid Macro Chaos; Sunday Night Earnings Surprise Ahead
• Negative Sentiment: Some analyst pieces highlight that softer oil (near $60) still exposes Exxon’s upstream results; weaker commodity realizations could cap near‑term upside. How Exxon Mobil’s Integrated Strengths Offset Crude Price Weakness

Exxon Mobil Trading Up 1.0%

NYSE:XOM opened at $134.93 on Friday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $135.98. The stock has a market cap of $569.03 billion, a P/E ratio of 19.61, a P/E/G ratio of 8.59 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. The stock has a 50-day simple moving average of $120.74 and a 200-day simple moving average of $115.28.

Exxon Mobil (NYSE:XOM) last posted its earnings results 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 firm had revenue of $83.33 billion during the quarter, compared to analysts’ expectations of $83.09 billion. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The firm’s revenue was down 5.2% compared to the same quarter last year. During the same quarter in the previous year, the business earned $1.92 earnings per share. As a group, 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 announced a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.1%. 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 (DPR) is currently 59.88%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil 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 sale, the vice president directly 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 Securities & Exchange Commission, which is available through the SEC website. 0.03% of the stock is owned by company insiders.

Wall Street Analysts Forecast Growth

Several equities analysts have commented on the stock. Piper Sandler decreased their price target on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Wells Fargo & Company lifted their target price on Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. TD Cowen reissued a “buy” rating on shares of Exxon Mobil in a research note on Friday, December 12th. Sanford C. Bernstein reduced their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Morgan Stanley decreased their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research note on Friday. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $131.84.

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.