Exxon Mobil Corporation $XOM Position Lifted by Econ Financial Services Corp

Econ Financial Services Corp lifted its position in Exxon Mobil Corporation (NYSE:XOM) by 547.7% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 42,458 shares of the oil and gas company’s stock after purchasing an additional 35,903 shares during the quarter. Exxon Mobil comprises about 2.6% of Econ Financial Services Corp’s holdings, making the stock its 7th biggest holding. Econ Financial Services Corp’s holdings in Exxon Mobil were worth $5,109,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Westfuller Advisors LLC acquired a new position in Exxon Mobil in the 3rd quarter valued at about $30,000. Clayton Financial Group LLC acquired a new stake in shares of Exxon Mobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC raised its position in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock valued at $40,000 after buying an additional 335 shares during the period. Halbert Hargrove Global Advisors LLC lifted its holdings in Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after acquiring an additional 181 shares during the last quarter. Finally, Marquette Asset Management LLC lifted its holdings in Exxon Mobil by 307.0% in the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after acquiring an additional 307 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the sale, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. This 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 available at the SEC website. Over the last three months, insiders sold 11,460 shares of company stock valued at $1,687,854. Insiders own 0.03% of the company’s stock.

Key Exxon Mobil News

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

• Positive Sentiment: Citi raised its XOM price target to $175 (from $150), citing a renewed structural interest in oil names amid tight markets; that upgrade helped underpin investor enthusiasm even though the firm kept a “neutral” rating. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Energy-sector rally driven by higher oil and geopolitical risk boosted large integrateds like Exxon; sector headlines (including jumps in LNG and project names) lifted sentiment across peers. Venture Global Jumps as Oil Rally Ignites Energy Stocks
• Positive Sentiment: Commercial progress on Exxon’s LNG footprint: Reuters reports Italy will begin receiving LNG from the Golden Pass (QatarEnergy–Exxon JV) in June, which supports medium‑term LNG volumes and revenue diversification. Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Neutral Sentiment: Broader market fundamentals remain constructive: FactSet notes S&P 500 earnings growth staying strong, which supports risk appetite into cyclicals — a tailwind for energy in a bull market, but not specific to Exxon’s near-term price action. What Oil Shock? S&P 500 Estimates Keep Rising. These Stocks’ Views Rise Most.
• Negative Sentiment: Volatility tied to Iran/conflict headlines is a two‑way risk: signs of de‑escalation have triggered quick oil drops and a rapid unwind in energy longs, producing steep intra‑day declines for Exxon in recent sessions. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
• Negative Sentiment: Analyst sentiment is mixed — some trims to ratings and notes that the rally may be “stretched” mean downside risk if oil retraces materially; investors should watch oil, shipping/Strait of Hormuz headlines and positioning. Market summary and analyst notes on XOM

Wall Street Analysts Forecast Growth

Several research firms have issued reports on XOM. Royal Bank Of Canada raised their target price on Exxon Mobil from $145.00 to $150.00 and gave the stock a “sector perform” rating in a research note on Monday, February 2nd. Weiss Ratings reaffirmed a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Morgan Stanley raised their price objective on Exxon Mobil from $134.00 to $172.00 and gave the stock an “overweight” rating in a research report on Friday, March 27th. Mizuho boosted their price objective on shares of Exxon Mobil from $140.00 to $162.00 and gave the company a “neutral” rating in a report on Tuesday, March 17th. Finally, HSBC upped their target price on shares of Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research report on Friday, March 20th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Exxon Mobil has a consensus rating of “Hold” and a consensus price target of $152.39.

Exxon Mobil Stock Down 0.1%

Shares of NYSE XOM opened at $160.63 on Friday. 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 business’s 50 day moving average is $152.01 and its two-hundred day moving average is $129.50. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $176.41. The firm has a market cap of $669.31 billion, a price-to-earnings ratio of 24.01, a PEG ratio of 1.11 and a beta of 0.29.

Exxon Mobil (NYSE:XOM) last released its quarterly 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. The business had revenue of $80.04 billion during 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 quarterly revenue was down 1.3% on a year-over-year basis. During the same period last year, the business posted $1.67 earnings per share. Research analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

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.