Jackson Thornton Wealth Management LLC lifted its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 60.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 9,346 shares of the oil and gas company’s stock after acquiring an additional 3,529 shares during the period. Jackson Thornton Wealth Management LLC’s holdings in Exxon Mobil were worth $1,131,000 at the end of the most recent reporting period.
A number of other hedge funds have also modified their holdings of the business. Westfuller Advisors LLC purchased a new position in Exxon Mobil in the 3rd quarter valued at $30,000. Clayton Financial Group LLC purchased a new position in Exxon Mobil in the 3rd quarter valued at $40,000. TruNorth Capital Management LLC grew its position in Exxon Mobil by 1,595.2% in 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 last quarter. Halbert Hargrove Global Advisors LLC grew its position in Exxon Mobil by 95.8% in the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying 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 period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
Wall Street Analyst Weigh In
XOM has been the subject of a number of recent analyst reports. Sanford C. Bernstein reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Barclays raised their target price on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a report on Monday, March 16th. UBS Group reissued a “buy” rating and issued a $171.00 target price on shares of Exxon Mobil in a report on Monday, February 2nd. Wells Fargo & Company raised their target price on Exxon Mobil from $183.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday. 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 report on Tuesday, February 3rd. One analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, Exxon Mobil currently has a consensus rating of “Moderate Buy” and an average target price of $159.20.
Exxon Mobil Trading Down 0.1%
NYSE:XOM opened at $152.43 on Monday. The company has a market capitalization of $633.58 billion, a PE ratio of 22.78, a price-to-earnings-growth ratio of 0.96 and a beta of 0.29. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 52-week low of $98.79 and a 52-week high of $176.41. The stock has a fifty day simple moving average of $154.51 and a 200-day simple moving average of $131.62.
Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (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 the consensus estimate of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the company posted $1.67 EPS. On average, equities research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.
Exxon Mobil Announces Dividend
The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is 61.58%.
Insider Activity
In other news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. Over the last three months, insiders sold 11,460 shares of company stock worth $1,687,854. Insiders own 0.03% of the company’s stock.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Several sell‑side firms raised targets/ratings this week (Jefferies to $184, RBC to $180, Wells Fargo to $185, JPMorgan raised to $170) — these upgrades signal continued analyst conviction in XOM’s upside and longer‑term cash generation potential. Jefferies target raise
- Positive Sentiment: JPMorgan issued a positive forecast and Erste Group lifted earnings estimates, supporting near‑to‑medium term earnings outlook. JPMorgan forecast
- Positive Sentiment: Macro demand tailwind: articles highlight rising LNG demand and geopolitically driven export opportunities that could boost Exxon’s upstream and LNG-related cash flows. This is a structural positive if exports and pricing remain strong. LNG demand surge
- Neutral Sentiment: Earnings preview: XOM is set to report Q1 results soon with Wall Street expecting single‑digit EPS growth — a modest beat could calm sellers, but expectations aren’t lofty enough to drive a large rally on their own. Earnings preview
- Neutral Sentiment: Analysts note attractive long‑term free cash flow despite near‑term earnings headwinds (TD Cowen maintaining a Buy). That supports dividend stability and buyback optionality, making XOM a defensive energy pick for income investors. TD Cowen note
- Neutral Sentiment: Options and volatility stories: elevated option activity and unusual vol indicate traders are positioning for big moves around catalysts (earnings, oil swings). This raises short‑term risk/reward for active traders. Options volatility
- Negative Sentiment: Wolfe Research cut its price target to $153 and an analyst downgrade triggered intraday selling; this contributed to downward pressure on the stock. Wolfe Research cut
- Negative Sentiment: Oil prices plunged (~16%) after reports of an Iran ceasefire / suspension of hostilities, which materially reduced the geopolitical risk premium — that sharp crude decline is the primary near‑term reason energy names, including XOM, fell. Oil price crash
- Negative Sentiment: Sector rotation and calmer geopolitics led intraday reversals — rallies tied to a high‑risk energy shock retraced as markets priced in lower risk, pressuring XOM despite favorable fundamentals. Intraday reversal
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.
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