Exxon Mobil Corporation $XOM Position Lessened by Concord Asset Management LLC VA

Concord Asset Management LLC VA reduced its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 9.9% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 33,279 shares of the oil and gas company’s stock after selling 3,644 shares during the quarter. Concord Asset Management LLC VA’s holdings in Exxon Mobil were worth $3,752,000 at the end of the most recent quarter.

A number of other hedge funds also recently added to or reduced their stakes in XOM. Nexus Investment Management ULC lifted its holdings in Exxon Mobil by 1.6% in the third quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock worth $653,000 after purchasing an additional 89 shares during the period. Sagace Wealth Management LLC lifted its stake in shares of Exxon Mobil by 2.7% in the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after acquiring an additional 90 shares during the period. Creative Capital Management Investments LLC boosted 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 acquiring an additional 91 shares in the last quarter. Capstone Wealth Management LLC increased its stake in shares of Exxon Mobil by 3.8% during the third quarter. Capstone Wealth Management LLC now owns 2,527 shares of the oil and gas company’s stock valued at $285,000 after acquiring an additional 92 shares during the period. Finally, Cascade Investment Group Inc. raised its holdings in Exxon Mobil by 2.1% during the second quarter. Cascade Investment Group Inc. now owns 4,419 shares of the oil and gas company’s stock worth $476,000 after purchasing an additional 93 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Stock Performance

Shares of XOM opened at $149.28 on Friday. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $149.57. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $629.54 billion, a PE ratio of 22.31, a PEG ratio of 15.18 and a beta of 0.39. The company’s 50 day moving average price is $125.78 and its 200 day moving average price is $117.30.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate 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 for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period in the previous year, the company posted $1.67 EPS. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be paid a dividend of $1.03 per share. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. Exxon Mobil’s dividend payout ratio (DPR) is 61.58%.

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the sale, the vice president owned 23,584 shares of the company’s stock, 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 SEC, which can be accessed through this link. In the last three months, insiders sold 11,000 shares of company stock worth $1,406,570. 0.03% of the stock is owned by insiders.

Key Exxon Mobil News

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

• Positive Sentiment: Unusually large options activity — traders bought ~111,114 XOM call contracts (about 30% above typical call volume), signalling short‑term bullish positioning that can amplify upside.
• Positive Sentiment: Reports that Exxon is expanding production in several OPEC‑linked nations with U.S. administration support, which investors interpret as accelerated growth/market access upside. Exxon Mobil Stock Is Rising Today: What’s Going?
• Positive Sentiment: Operational growth: Exxon is pushing Permian output using new tech and plans further production increases — supports higher future cash flow expectations. ExxonMobil’s Permian Push: Here’s What Investors Should Know
• Positive Sentiment: Refinery/asset progress: startup of a new Baytown unit reduces execution risk and should support downstream margins/volumes. Exxon Mobil starts up new Baytown unit
• Positive Sentiment: Recent analyst/upgrades momentum and bullish coverage (Evercore keeping buy, several upgrades) has supported sentiment and helped lift the stock into a new 1‑year range. Evercore ISI Keeps Their Buy Rating on Exxon Mobil (XOM)
• Neutral Sentiment: Portfolio refocus: Exxon closed the Fife plant and struck a Colombia deal — strategic reshaping that could improve long‑term mix but may not meaningfully change near‑term cash flow. ExxonMobil Refocuses Portfolio With Colombia Deal And Fife Plant Closure
• Neutral Sentiment: Market/sector tailwinds: energy sector rotation and favorable commodity factors (weather-driven gas drawdowns, higher oil demand forecasts) support XOM, but they are macro drivers shared across peers. Energy sector context and XOM commentary
• Negative Sentiment: Broker pushback: BNP Paribas Exane downgraded XOM to Underperform, creating some selling pressure and adding analyst divergence risk. BNP Paribas Exane Downgrades Exxon Mobil (NYSE:XOM) to Underperform
• Negative Sentiment: Insider sale: an officer sold 5,000 shares — a small signal that may be noticed by some investors but is not material to company fundamentals. Darrin Talley Sells 5,000 Shares of Exxon Mobil (NYSE:XOM) Stock

Analyst Upgrades and Downgrades

Several equities analysts have recently issued reports on the company. Loop Capital set a $123.00 price target on Exxon Mobil in a research report on Tuesday. Royal Bank Of Canada boosted their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research report on Monday. Piper Sandler reduced their price objective 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 dropped their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Finally, TD Cowen increased their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a research note on Tuesday. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and an average price target of $140.59.

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.