Exxon Mobil Corporation $XOM Shares Acquired by Dakota Wealth Management

Dakota Wealth Management boosted its stake in Exxon Mobil Corporation (NYSE:XOM) by 6.6% in the third quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 261,814 shares of the oil and gas company’s stock after buying an additional 16,272 shares during the period. Dakota Wealth Management’s holdings in Exxon Mobil were worth $29,520,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors also recently made changes to their positions in XOM. Insight Advisors LLC PA boosted its holdings in shares of Exxon Mobil by 11.8% in the third quarter. Insight Advisors LLC PA now owns 9,975 shares of the oil and gas company’s stock valued at $1,125,000 after acquiring an additional 1,050 shares in the last quarter. Cornerstone Capital Inc. boosted its stake in Exxon Mobil by 3.2% during the 3rd quarter. Cornerstone Capital Inc. now owns 6,624 shares of the oil and gas company’s stock valued at $747,000 after purchasing an additional 205 shares in the last quarter. Cary Street Partners Investment Advisory LLC boosted its stake in Exxon Mobil by 12.8% during the 3rd quarter. Cary Street Partners Investment Advisory LLC now owns 11,481 shares of the oil and gas company’s stock valued at $1,294,000 after purchasing an additional 1,299 shares in the last quarter. Fortis Capital Management LLC increased its position in shares of Exxon Mobil by 24.9% during the 3rd quarter. Fortis Capital Management LLC now owns 3,533 shares of the oil and gas company’s stock valued at $398,000 after purchasing an additional 704 shares during the period. Finally, Private Advisory Group LLC raised its stake in shares of Exxon Mobil by 36.2% in the 3rd quarter. Private Advisory Group LLC now owns 131,448 shares of the oil and gas company’s stock worth $14,821,000 after buying an additional 34,916 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors.

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 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 of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Insiders sold 14,230 shares of company stock worth $1,888,421 in the last 90 days. 0.03% of the stock is owned by company insiders.

Analyst Ratings Changes

Several research analysts recently weighed in on the company. Piper Sandler decreased their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research report on Tuesday, February 3rd. Wells Fargo & Company dropped their target price on shares of Exxon Mobil from $158.00 to $156.00 and set an “overweight” rating on the stock in a report on Monday, February 2nd. Finally, Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a report on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued 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 price target of $140.59.

Exxon Mobil Stock Performance

Shares of XOM opened at $150.72 on Tuesday. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $156.93. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The company has a market capitalization of $628.01 billion, a PE ratio of 22.53, a PEG ratio of 15.28 and a beta of 0.39. The company’s 50 day moving average price is $132.95 and its 200 day moving average price is $120.55.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings data 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 analysts’ expectations of $77.98 billion. During the same quarter last year, the firm earned $1.67 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th will be issued a dividend of $1.03 per share. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

More Exxon Mobil News

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 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.