Cibc World Market Inc. Buys 544,448 Shares of Exxon Mobil Corporation $XOM

Cibc World Market Inc. boosted its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 41.8% in the third quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,846,219 shares of the oil and gas company’s stock after purchasing an additional 544,448 shares during the quarter. Cibc World Market Inc.’s holdings in Exxon Mobil were worth $208,161,000 at the end of the most recent quarter.

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

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: UBS reiterated a Buy rating and highlighted benefits from Exxon’s stake in the Golden Pass LNG project, reinforcing the company’s midstream monetization and cash-generation story. Read More.
• Positive Sentiment: Unusually high volume of call options suggests speculative or hedged bullish positioning that can amplify near-term upside pressure on the stock. Read More.
• Positive Sentiment: Exxon’s regular quarterly dividend was confirmed (payment/ex‑dividend dates published), supporting income-focused demand and providing a steady cash-return rationale for holders. Read More.
• Neutral Sentiment: J.P. Morgan maintained a Buy rating (Arun Jayaram) with a $140 target — supportive for sentiment but the PT is below current market levels, making the near-term signal mixed. Read More.
• Neutral Sentiment: Zacks ran comparative and sector pieces (SSL vs XOM; energy leadership commentary) that provide relative-value and macro context rather than fresh company-specific catalysts. Read More.
• Negative Sentiment: Exxon warned EU methane rules could raise crude import costs by ~13%, a potential headwind for refiners and margins in Europe and an incremental regulatory risk to downstream economics. Read More.
• Negative Sentiment: Zacks flagged softer WTI/crude price risk that would pressure Exxon’s upstream-heavy earnings despite its cost advantages — a direct earnings sensitivity to lower oil. Read More.
• Negative Sentiment: An Exxon VP, Darrin Talley, disclosed the sale of 3,230 shares (~13.7% reduction in his reported holding); insider selling can be perceived negatively even if unrelated to company prospects. Read More.

Exxon Mobil Price Performance

XOM opened at $151.69 on Wednesday. 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 company’s 50 day simple moving average is $127.20 and its 200-day simple moving average is $117.99. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $151.78. The stock has a market capitalization of $639.70 billion, a P/E ratio of 22.67, a price-to-earnings-growth ratio of 15.73 and a beta of 0.39.

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

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

Wall Street Analyst Weigh In

Several research analysts recently commented on XOM shares. Wells Fargo & Company reduced their target price on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating for the company in a research report on Monday, February 2nd. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Sanford C. Bernstein decreased their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Finally, Morgan Stanley cut their price target on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research note on Friday, January 23rd. Nine investment analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $140.59.

Insider Transactions at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were 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 of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. In the last 90 days, insiders have sold 14,230 shares of company stock worth $1,888,421. Corporate insiders own 0.03% of the company’s stock.

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.