Exxon Mobil Corporation $XOM Stock Holdings Decreased by Linscomb Wealth Inc.

Linscomb Wealth Inc. lowered its stake in Exxon Mobil Corporation (NYSE:XOM) by 3.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 375,519 shares of the oil and gas company’s stock after selling 14,250 shares during the period. Exxon Mobil makes up approximately 1.8% of Linscomb Wealth Inc.’s portfolio, making the stock its 10th biggest holding. Linscomb Wealth Inc.’s holdings in Exxon Mobil were worth $42,340,000 at the end of the most recent reporting period.

Several other hedge funds have also recently modified their holdings of the stock. Westfuller Advisors LLC acquired a new position in shares of Exxon Mobil during the third quarter worth about $30,000. Bare Financial Services Inc boosted its holdings in Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 201 shares in the last quarter. Clayton Financial Group LLC acquired a new position in Exxon Mobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC raised its stake 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 worth $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Exxon Mobil

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 Stock Performance

Shares of XOM opened at $147.58 on Thursday. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $147.84. The stock has a market cap of $622.37 billion, a P/E ratio of 22.06, a PEG ratio of 15.25 and a beta of 0.39. 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 50-day moving average of $124.49 and a two-hundred day moving average of $116.81.

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

Exxon Mobil Dividend Announcement

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

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Jefferies Financial Group upped their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a report on Wednesday, December 10th. Mizuho set a $140.00 price target on shares of Exxon Mobil in a research note on Wednesday. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research note on Tuesday. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. Finally, BNP Paribas Exane cut shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a report on Tuesday. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Hold” and an average price target of $140.59.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction dated Monday, February 2nd. The stock was 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. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 11,000 shares of company stock worth $1,406,570 over the last quarter. 0.03% of the stock is owned by company insiders.

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.