Exxon Mobil Corporation $XOM Shares Sold by Callahan Advisors LLC

Callahan Advisors LLC trimmed its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 4.2% in the third quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 136,230 shares of the oil and gas company’s stock after selling 6,011 shares during the period. Exxon Mobil accounts for about 1.3% of Callahan Advisors LLC’s holdings, making the stock its 26th largest holding. Callahan Advisors LLC’s holdings in Exxon Mobil were worth $15,360,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also made changes to their positions in the business. Westfuller Advisors LLC acquired a new stake in shares of Exxon Mobil during the third quarter worth $30,000. Bare Financial Services Inc raised its position in Exxon Mobil by 121.8% in the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after acquiring an additional 201 shares in the last quarter. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil in the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC lifted its position in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after acquiring an additional 335 shares during the period. Finally, Investment Research & Advisory Group Inc. acquired a new position in Exxon Mobil during the second quarter worth $42,000. 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: Exxon said it has begun commercial operation of a carbon capture and storage (CCS) project with fertilizer maker CF Industries in Louisiana, a milestone for its low‑carbon growth strategy that supports future emissions‑related revenue and ESG credibility. Exxon begins commercial CCS project with CF industries in Louisiana
• Positive Sentiment: UBS reiterated a Buy rating on XOM, providing analyst support that can prop up investor confidence and demand for the stock. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Positive Sentiment: Exxon and China’s BYD said they will deepen a hybrid‑technology partnership, extending Exxon’s exposure to vehicle electrification and hybrid systems which could broaden non‑traditional revenue streams. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
• Neutral Sentiment: A retail roundup included Exxon as a suggested dividend name, noting management’s targets for earnings and cash‑flow growth through 2030 to support future dividend increases — positive long‑term but not immediate. 3 Safe Dividend Stocks Yielding At Least 3% to Buy Without Hesitation Right Now
• Negative Sentiment: A Seeking Alpha piece downgraded the rating on Exxon, arguing the near‑term risk/reward is weak heading into Q4 results — a narrative that can pressure sentiment and trading. Exxon Mobil: Strong Business, Weak Risk-Reward Ahead Of Q4 (Rating Downgrade)
• Negative Sentiment: Kazakh authorities urged Exxon to speed repairs on an extended outage at the Tengiz oilfield, highlighting production disruption risk at a major asset that could weigh on near‑term volumes and revenue. Kazakhstan urges ExxonMobil speed up work to fix Tengiz outage

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on XOM shares. BNP Paribas Exane upgraded shares of Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 price objective on the stock in a research report on Monday, December 8th. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Barclays raised their price objective on shares of Exxon Mobil from $130.00 to $140.00 and gave the stock an “overweight” rating in a research note on Wednesday, January 21st. Sanford C. Bernstein reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. Finally, TD Cowen reissued a “buy” rating on shares of Exxon Mobil in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $131.84.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $134.78 on Tuesday. The stock has a fifty day moving average price of $121.08 and a 200 day moving average price of $115.43. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $136.94. The firm has a market capitalization of $568.39 billion, a P/E ratio of 19.59, a PEG ratio of 8.62 and a beta of 0.37. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12.

Exxon Mobil (NYSE:XOM) last posted its quarterly 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 company 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% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.92 EPS. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 3.1%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Insider Buying and Selling at Exxon Mobil

In other 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 of the company’s stock, valued at $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 available at this link. 0.03% of the stock is currently owned by company insiders.

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.