Empirical Financial Services LLC d.b.a. Empirical Wealth Management Sells 7,271 Shares of Exxon Mobil Corporation $XOM

Empirical Financial Services LLC d.b.a. Empirical Wealth Management lessened its stake in Exxon Mobil Corporation (NYSE:XOM) by 7.1% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 94,700 shares of the oil and gas company’s stock after selling 7,271 shares during the quarter. Empirical Financial Services LLC d.b.a. Empirical Wealth Management’s holdings in Exxon Mobil were worth $10,677,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently bought and sold shares of the company. Vanguard Group Inc. boosted its stake in Exxon Mobil by 0.3% during the second 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 raised its holdings in shares of Exxon Mobil by 0.4% during 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 acquiring an additional 342,967 shares in the last quarter. Norges Bank purchased a new position in shares of Exxon Mobil in the second quarter valued at $6,163,719,000. Bank of New York Mellon Corp increased its position in Exxon Mobil by 2.8% in the second 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 purchasing an additional 1,274,860 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. raised its stake in 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 purchasing an additional 1,126,912 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Analysts Set New Price Targets

A number of equities analysts have commented on the stock. Bank of America lifted their price objective on shares of Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. UBS Group reiterated a “buy” rating and issued a $171.00 price target on shares of Exxon Mobil in a research report on Monday, February 2nd. Barclays upped their price objective on Exxon Mobil from $140.00 to $145.00 and gave the company an “overweight” rating in a research report on Tuesday, February 3rd. Citigroup upped their target price on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. Finally, Sanford C. Bernstein dropped their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Nine equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has an average rating of “Hold” and an average target price of $140.59.

Exxon Mobil Stock Down 2.6%

Shares of NYSE XOM opened at $147.12 on Friday. The business has a 50-day moving average of $132.29 and a two-hundred day moving average of $120.05. The company has a market capitalization of $613.00 billion, a price-to-earnings ratio of 21.99, a price-to-earnings-growth ratio of 15.66 and a beta of 0.39. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $156.93. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same period in the prior year, the company posted $1.67 earnings per share. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend 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%.

Insider Activity

In other news, VP Darrin L. Talley sold 3,230 shares of the stock in a transaction dated Monday, February 9th. The shares were sold at an average price of $149.18, for a total transaction of $481,851.40. Following the completion of the sale, the vice president owned 20,354 shares in the company, valued at approximately $3,036,409.72. This represents a 13.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Over the last ninety days, insiders sold 14,230 shares of company stock valued at $1,888,421. 0.03% of the stock is owned by corporate insiders.

More Exxon Mobil News

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

• Positive Sentiment: Exxon is accelerating carbon capture (second CCS site in Louisiana), supporting its low‑carbon credentials and potential access to new low‑carbon markets and offtake. This can improve long‑term demand visibility and ESG positioning. Here’s How XOM Is Scaling Up Its CCS Footprint to Reduce Emissions
• Positive Sentiment: Guyana exploration update: Exxon is continuing work to quantify gas resources at the Stabroek Block — a meaningful potential source of long‑life gas volumes that could underpin LNG/chemical feedstock growth. Exxon working to determine gas resource at Stabroek Block, Guyana minister says
• Positive Sentiment: End‑market tailwinds: reports highlight expanding polyethylene demand (packaging, automotive, construction) and a growing industrial‑robotics lubricants market where Exxon is a named player — both support downstream/chemical margins and aftermarket product demand. United States Polyethylene Industry Report 2025 Industrial Robotics Lubricants Market Size
• Positive Sentiment: Near‑term oil price support from Middle East tensions is boosting energy sector sentiment, which typically helps major integrated producers’ revenues and cash flow. Trump And Iran Put Oil Prices Near Six-Month Highs
• Neutral Sentiment: An analyst piece examines Exxon’s shifting geopolitical and LNG exposure — useful context for investors but not an immediate catalyst; implications depend on project timelines and contracting. What Exxon Mobil (XOM)’s Shifting Geopolitical and LNG Exposure Means For Shareholders
• Neutral Sentiment: Forbes review explains factors behind Exxon’s ~50% rally — helpful for understanding past momentum (energy cycle, buybacks, dividends) but also highlights why some investors may be locking in gains. What Fueled Exxon Mobil’s 50% Run?
• Negative Sentiment: Valuation and long‑term growth trade‑offs: coverage flags concerns about stretched valuation after the rally and the risk/reward of pushing long‑term oil growth projects vs. returns — a key reason for profit‑taking pressure. Exxon Mobil Weighs Long Term Oil Growth Against Valuation And Risk

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.