New York Life Investment Management LLC Sells 7,299 Shares of Exxon Mobil Corporation $XOM

New York Life Investment Management LLC reduced its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 1.2% during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 578,803 shares of the oil and gas company’s stock after selling 7,299 shares during the quarter. Exxon Mobil accounts for approximately 0.6% of New York Life Investment Management LLC’s investment portfolio, making the stock its 29th biggest holding. New York Life Investment Management LLC’s holdings in Exxon Mobil were worth $65,260,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently modified their holdings of XOM. Cardinal Point Capital Management ULC increased its stake in shares of Exxon Mobil by 64.1% during the 3rd quarter. Cardinal Point Capital Management ULC now owns 7,385 shares of the oil and gas company’s stock worth $831,000 after purchasing an additional 2,885 shares during the last quarter. Sunesis Advisors LLC bought a new position in Exxon Mobil during the third quarter worth about $344,000. Slagle Financial LLC increased its position in Exxon Mobil by 2.6% during the third quarter. Slagle Financial LLC now owns 47,005 shares of the oil and gas company’s stock worth $5,300,000 after buying an additional 1,196 shares during the last quarter. Lantz Financial LLC raised its stake in Exxon Mobil by 21.0% in the third quarter. Lantz Financial LLC now owns 29,803 shares of the oil and gas company’s stock valued at $3,360,000 after buying an additional 5,163 shares during the period. Finally, AdvisorShares Investments LLC acquired a new stake in shares of Exxon Mobil in the third quarter valued at approximately $485,000. Institutional investors own 61.80% of the company’s stock.

Key Stories Impacting Exxon Mobil

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

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction 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 transaction, 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 ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Over the last quarter, insiders sold 11,000 shares of company stock worth $1,406,570. Corporate insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

NYSE:XOM opened at $149.28 on Monday. 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 firm has a market cap of $629.54 billion, a price-to-earnings ratio of 22.31, a P/E/G ratio of 15.49 and a beta of 0.39. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $149.57. The firm’s 50-day simple moving average is $125.78 and its 200 day simple moving average is $117.41.

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 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 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. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The business also recently announced 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 is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Analysts Set New Price Targets

A number of research analysts recently weighed in on the company. UBS Group reissued a “buy” rating and set a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a report on Tuesday, February 3rd. Piper Sandler cut their target price on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Royal Bank Of Canada lifted their target price on shares of Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a report on Monday, February 2nd. Finally, Barclays increased their price target on shares of Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a report on Tuesday, February 3rd. 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 company’s stock. Based on data from MarketBeat.com, Exxon Mobil has a consensus rating of “Hold” and an average target price 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.