Allspring Global Investments Holdings LLC raised its holdings in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 5.1% during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 1,076,182 shares of the oil and gas company’s stock after acquiring an additional 52,297 shares during the period. Allspring Global Investments Holdings LLC’s holdings in Exxon Mobil were worth $131,994,000 at the end of the most recent reporting period.
A number of other large investors have also recently modified their holdings of the business. Ipsen Advisor Group LLC lifted its position in Exxon Mobil by 1.6% during the third quarter. Ipsen Advisor Group LLC now owns 5,647 shares of the oil and gas company’s stock valued at $637,000 after purchasing an additional 88 shares during the last quarter. Nexus Investment Management ULC increased its holdings in shares of Exxon Mobil by 1.6% in the 3rd quarter. Nexus Investment Management ULC now owns 5,794 shares of the oil and gas company’s stock worth $653,000 after buying an additional 89 shares during the last quarter. Sagace Wealth Management LLC increased its holdings in shares of Exxon Mobil by 2.7% in the 3rd quarter. Sagace Wealth Management LLC now owns 3,445 shares of the oil and gas company’s stock worth $388,000 after buying an additional 90 shares during the last quarter. Creative Capital Management Investments LLC raised its position in shares of Exxon Mobil by 2.5% during the 3rd quarter. Creative Capital Management Investments LLC now owns 3,701 shares of the oil and gas company’s stock valued at $417,000 after buying an additional 91 shares in the last quarter. Finally, Tortoise Investment Management LLC lifted its holdings in shares of Exxon Mobil by 2.4% during the 3rd quarter. Tortoise Investment Management LLC now owns 3,900 shares of the oil and gas company’s stock worth $440,000 after acquiring an additional 91 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Stock Performance
Exxon Mobil stock opened at $160.89 on Thursday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $670.40 billion, a PE ratio of 24.05, a P/E/G ratio of 1.17 and a beta of 0.29. The firm has a fifty day simple moving average of $151.47 and a two-hundred day simple moving average of $129.29. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $176.41.
Exxon Mobil Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred 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 completion of the sale, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is owned by insiders.
Key Stories Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Golden Pass LNG (Exxon/QatarEnergy JV) reached first production at its Texas export project — a near‑term revenue and cash‑flow catalyst as exports ramp toward full capacity. ExxonMobil-QatarEnergy JV Starts LNG Output at Texas Facility
- Positive Sentiment: Analysts and company commentary point to strong operational momentum: Exxon has a history of earnings beats and is targeting meaningful upstream production growth that should support margins if oil stabilizes higher. Can Exxon (XOM) Keep the Earnings Surprise Streak Alive?
- Positive Sentiment: Union workers ratified a new four‑year contract at Exxon’s Baton Rouge refining/chemical complex, removing a potential operational risk and supporting refining throughput stability. Union workers ratify contract at Exxon Louisiana complex, sources say
- Neutral Sentiment: Recent analyst upgrades and a wide range of price targets show mixed near‑term views — some bullish long‑term targets but a median target that is near recent prices, leaving room for volatility. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
- Negative Sentiment: Market optimism about a de‑escalation in the U.S.–Iran standoff reduced the “Hormuz” risk premium; oil dropped, triggering sector‑wide selling and pushing Exxon shares lower. Hormuz Rally Day Two: Heard on the Street Recap
- Negative Sentiment: Newsflow that Iran’s leadership took specific steps (reported today) amplified the move lower in U.S. oil stocks as traders priced a lower chance of sustained supply disruptions. Exxon Mobil and Chevron Fall 5%: What Iran’s President Just Did to U.S. Oil Stocks
- Negative Sentiment: High intraday volume and profit‑taking after a volatile rally amplified downside; several market writeups note crude pulled back ~4–5% on ceasefire optimism, which directly pressures integrated oil earnings expectations. What’s Going On With Exxon Mobil Shares On Wednesday?
Analyst Ratings Changes
Several brokerages recently issued reports on XOM. Barclays upped their target price on shares of Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a research report on Monday, March 16th. Bank of America lifted their price target on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Wells Fargo & Company decreased their price objective on Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Finally, BNP Paribas Exane downgraded Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 target price for the company. in a research report on Tuesday, February 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat.com, Exxon Mobil has an average rating of “Hold” and a consensus target price of $151.00.
Read Our Latest Stock Analysis on Exxon Mobil
Exxon Mobil 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.
Featured Stories
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