Exxon Mobil Corporation $XOM Stake Reduced by Homestead Advisers Corp

Homestead Advisers Corp cut its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.9% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 926,300 shares of the oil and gas company’s stock after selling 18,200 shares during the quarter. Exxon Mobil comprises approximately 2.5% of Homestead Advisers Corp’s investment portfolio, making the stock its 10th biggest position. Homestead Advisers Corp’s holdings in Exxon Mobil were worth $104,440,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of XOM. Norges Bank acquired a new stake in Exxon Mobil in the 2nd quarter valued at approximately $6,163,719,000. First Trust Advisors LP boosted 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 worth $819,560,000 after buying an additional 4,563,707 shares during the period. Cerity Partners LLC grew its stake 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 valued at $217,162,000 after buying an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after buying an additional 3,066,736 shares during the period. Finally, Bessemer Group Inc. lifted its stake in Exxon Mobil by 119.4% during the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock worth $301,310,000 after acquiring an additional 1,454,308 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the sale, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders have sold a total of 11,000 shares of company stock worth $1,406,570 over the last 90 days. 0.03% of the stock is currently owned by company insiders.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Barclays lifted their target price on Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Bank of America boosted their price target on shares of Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Morgan Stanley cut their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a research report on Friday, January 23rd. Finally, Sanford C. Bernstein decreased their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Nine analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $140.59.

Exxon Mobil Price Performance

Exxon Mobil stock opened at $147.58 on Thursday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The company has a fifty day simple moving average of $124.49 and a 200-day simple moving average of $116.81. The stock has a market cap of $622.37 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 15.25 and a beta of 0.39. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $147.84.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period last year, the firm earned $1.67 earnings per share. Exxon Mobil’s quarterly revenue was down 1.3% on a year-over-year basis. Equities analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.

Exxon Mobil News Summary

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

• Positive Sentiment: Evercore ISI reaffirmed its buy view on Exxon, reinforcing buy-side support and helping momentum into the trade. Evercore ISI Keeps Their Buy Rating on Exxon Mobil (XOM)
• Positive Sentiment: Analysts highlight Exxon’s record output and large buybacks as potential re-rating catalysts — the “bull case” story that could increase returns and justify higher multiples. The Bull Case For Exxon Mobil (XOM) Could Change Following Record Output And Massive Buybacks – Learn Why
• Positive Sentiment: TD Cowen raised its price target to $145 and kept a buy rating, adding another constructive analyst signal supporting further upside. TD Cowen Raise
• Positive Sentiment: Market commentary (CNBC’s “Final Trades”) and intraday flows showed buying interest — the stock rallied in recent sessions as investors leaned into the execution narrative. Exxon Mobil on CNBC’s ‘Final Trades’
• Neutral Sentiment: Wells Fargo trimmed its target slightly to $156 but kept an overweight rating — a modest tweak that is not a directional change to their thesis. Wells Fargo Lowers Price Target
• Neutral Sentiment: Exxon agreed a settlement related to an arbitration with Sintana Energy (reported as a ~$9m resolution) — likely immaterial to Exxon’s overall cash flow but removes a legal overhang. Sintana Energy Settlement
• Neutral Sentiment: Coverage pieces (Zacks, Seeking Alpha, Morningstar) are flagging XOM as a value/dividend play amid oil weakness, which drives trading interest but is not an immediate catalyst. Zacks Trending Stock
• Negative Sentiment: BNP Paribas Exane downgraded XOM to “underperform” with a $125 target — a more bearish call that could cap upside if other shops follow. BNP Paribas Downgrade
• Negative Sentiment: Insider sale: VP Darrin Talley sold 5,000 shares (SEC Form 4 filing) — a small-management liquidity event some investors may view as mildly negative. Insider Sale Filing

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.