Ironwood Investment Counsel LLC Sells 83,563 Shares of Exxon Mobil Corporation $XOM

Ironwood Investment Counsel LLC decreased its position in Exxon Mobil Corporation (NYSE:XOM) by 71.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 32,898 shares of the oil and gas company’s stock after selling 83,563 shares during the quarter. Ironwood Investment Counsel LLC’s holdings in Exxon Mobil were worth $3,709,000 at the end of the most recent quarter.

A number of other hedge funds have also recently modified their holdings of XOM. Vanguard Group Inc. raised its holdings in Exxon Mobil by 0.3% in the 2nd quarter. Vanguard Group Inc. now owns 431,058,875 shares of the oil and gas company’s stock worth $46,468,147,000 after acquiring an additional 1,111,231 shares during the last quarter. Geode Capital Management LLC increased its holdings in shares of Exxon Mobil by 0.4% in the 2nd quarter. Geode Capital Management LLC now owns 96,307,931 shares of the oil and gas company’s stock worth $10,345,132,000 after purchasing an additional 342,967 shares in the last quarter. Norges Bank purchased a new position in shares of Exxon Mobil in the second quarter worth $6,163,719,000. Bank of New York Mellon Corp lifted its holdings in shares of Exxon Mobil by 2.8% during the second quarter. Bank of New York Mellon Corp now owns 46,598,313 shares of the oil and gas company’s stock valued at $5,023,298,000 after purchasing an additional 1,274,860 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. boosted its position in shares of Exxon Mobil by 3.5% during the second quarter. Charles Schwab Investment Management Inc. now owns 33,500,304 shares of the oil and gas company’s stock valued at $3,611,553,000 after buying an additional 1,126,912 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on the company. Loop Capital set a $123.00 target price on Exxon Mobil in a research report on Tuesday. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Barclays raised their target price on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a report on Tuesday. Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Finally, Piper Sandler dropped their price target on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and a consensus target price of $140.59.

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction that occurred on Monday, February 2nd. The shares were 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 directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. In the last ninety days, insiders sold 11,000 shares of company stock worth $1,406,570. Insiders own 0.03% of the company’s stock.

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

Exxon Mobil Trading Up 2.2%

Shares of Exxon Mobil stock opened at $149.28 on Friday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $149.57. The company’s fifty day simple moving average is $125.78 and its 200-day simple moving average is $117.30. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The stock has a market capitalization of $629.54 billion, a PE ratio of 22.31, a P/E/G ratio of 15.18 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The company had revenue of $82.31 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $1.67 EPS. As a group, equities analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current 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 dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s payout ratio is presently 61.58%.

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.