Dana Investment Advisors Inc. Sells 21,945 Shares of Exxon Mobil Corporation $XOM

Dana Investment Advisors Inc. trimmed its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 18.3% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 97,679 shares of the oil and gas company’s stock after selling 21,945 shares during the quarter. Dana Investment Advisors Inc.’s holdings in Exxon Mobil were worth $11,013,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently added to or reduced their stakes in XOM. Eagle Capital Management LLC increased its stake in shares of Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after buying an additional 376 shares during the period. Caxton Associates LLP acquired a new stake in Exxon Mobil during the 1st quarter worth approximately $305,000. Sivia Capital Partners LLC grew its holdings in Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after acquiring an additional 207 shares during the last quarter. Castellan Group increased its position in Exxon Mobil by 2.9% in the 2nd quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock valued at $2,853,000 after acquiring an additional 740 shares during the period. Finally, United Bank raised its stake in shares of Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after acquiring an additional 600 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 3,230 shares of the company’s 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 transaction, 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 document filed with the Securities & Exchange Commission, which is accessible through this link. Insiders have sold 14,230 shares of company stock valued at $1,888,421 over the last ninety days. Insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several analysts recently weighed in on the stock. TD Cowen boosted their price objective on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a research note on Tuesday, February 3rd. Mizuho set a $140.00 target price on Exxon Mobil in a report on Wednesday, February 4th. BNP Paribas Exane lowered Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a research report on Tuesday, February 3rd. Barclays lifted their price objective on Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research note on Tuesday, February 3rd. Finally, Citigroup increased their target price on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, Exxon Mobil presently has an average rating of “Hold” and a consensus target price of $140.59.

Exxon Mobil News Summary

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

• Positive Sentiment: Energy-sector momentum: Energy names were up Monday afternoon, supporting XOM’s move as the NYSE Energy index rose and traders rotated into beaten-up oil majors. Sector Update: Energy Stocks Rise Monday Afternoon
• Positive Sentiment: Regulatory tailwind: Analysis notes a potentially friendlier U.S. regulatory environment under the current administration that could reduce compliance costs and benefit large integrated producers like Exxon. A Friendlier Regulatory Environment May Be on the Horizon for These 2 Energy Stocks as the Trump Administration Rolls Back Greenhouse Gas Regulation
• Positive Sentiment: Bullish commentary and company execution: Analysts and coverage point to strong free cash flow generation and successful execution of growth plans (cited as reasons for January’s rally and multi-year upside). That supports investor confidence in buybacks/dividends. ExxonMobil Stock Surged 17% in January — Here’s What Drove the Rally (and What You Really Need to Focus On)
• Neutral Sentiment: Insider activity: A reported sale by Rep. Gilbert Ray Cisneros, Jr. was disclosed — a single disclosure that may attract attention but doesn’t currently change company fundamentals. Exxon Mobil (NYSE:XOM) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.
• Neutral Sentiment: Potential asset recovery case: The Supreme Court also agreed to hear Exxon’s bid related to compensation claims from Cuba — a case that could produce a payout if decided favorably, but currently adds legal uncertainty rather than an immediate stock catalyst. US Supreme Court to hear Exxon bid for compensation from Cuba
• Negative Sentiment: Supreme Court climate litigation risk: The U.S. Supreme Court agreed to hear Exxon’s request to block Boulder’s climate-related lawsuit (and related filings), increasing legal and reputational uncertainty that could pressure the stock if the litigation outlook worsens. US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit
• Negative Sentiment: Boardroom and governance concerns: Coverage highlights boardroom transition risks tied to the legal fight and investor activism, which can create longer-term governance uncertainty and weigh on sentiment. Exxon Mobil Faces Supreme Court Climate Case And Boardroom Transition Risks
• Negative Sentiment: Macro/market-structure warning: A market commentary flagged defensive names (including Exxon) as potentially overvalued within a distorted market structure, suggesting broader correction risk that could drag XOM if it reverses. The Bull Market Is Lying To You — Here’s What The Charts Are Really Saying

Exxon Mobil Stock Up 2.3%

Shares of Exxon Mobil stock opened at $150.72 on Tuesday. The stock’s 50-day moving average is $132.95 and its 200 day moving average is $120.55. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $156.93. The firm has a market cap of $628.01 billion, a price-to-earnings ratio of 22.53, a PEG ratio of 15.28 and a beta of 0.39. 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 issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.63 by $0.08. The firm had revenue of $80.04 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 company’s revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the firm earned $1.67 earnings per share. Equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) 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.