Briaud Financial Planning Inc reduced its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 35.2% during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 9,865 shares of the oil and gas company’s stock after selling 5,364 shares during the period. Exxon Mobil accounts for about 0.4% of Briaud Financial Planning Inc’s investment portfolio, making the stock its 11th biggest position. Briaud Financial Planning Inc’s holdings in Exxon Mobil were worth $1,112,000 at the end of the most recent reporting period.
A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. Maryland State Retirement & Pension System increased its position in Exxon Mobil by 2.6% in the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after purchasing an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC raised its stake in Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock valued at $34,576,000 after purchasing an additional 9,831 shares in the last quarter. Capital Counsel LLC NY lifted its position in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock valued at $5,356,000 after purchasing an additional 460 shares during the last quarter. HORAN Wealth LLC grew its stake in shares of Exxon Mobil by 78.3% in the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after buying an additional 5,788 shares in the last quarter. Finally, New Age Alpha Advisors LLC grew its stake in shares of Exxon Mobil by 5.6% in the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company’s stock worth $18,778,000 after buying an additional 8,853 shares in the last quarter. 61.80% of the stock is owned by institutional investors.
Exxon Mobil Price Performance
XOM stock opened at $157.58 on Thursday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $160.45. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The stock has a market cap of $656.60 billion, a PE ratio of 23.55, a P/E/G ratio of 1.24 and a beta of 0.35. The company has a 50-day moving average price of $144.16 and a 200 day moving average price of $125.61.
Exxon Mobil Dividend Announcement
The business also recently announced 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 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.
Analysts Set New Price Targets
Several analysts have recently issued reports on the stock. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Citigroup lifted their price target on Exxon Mobil from $118.00 to $150.00 and gave the stock a “neutral” rating in a research report on Monday, March 2nd. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. UBS Group reaffirmed a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. Finally, BMO Capital Markets reiterated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a report on Wednesday, February 4th. Nine equities research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $148.35.
Check Out Our Latest Analysis on XOM
Key Headlines Impacting Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Supply worries around the Strait of Hormuz have pushed crude above $100/barrel, directly improving near-term revenue and cash‑flow prospects for integrated producers like Exxon. Oil jumps over 2% as doubts linger over U.S.-backed plan to protect Strait of Hormuz shipping
- Positive Sentiment: Barclays has reiterated a bullish stance/Buy rating and raised its price target, reinforcing analyst-driven upside expectations and supporting investor confidence. Barclays Sticks to Their Buy Rating for Exxon Mobil (XOM)
- Positive Sentiment: Additional price-target lifts (Barclays noted elsewhere and Mizuho raised its target) and sector-tilt research highlight that energy, gold and defense stand to benefit from inflation/volatility—exposing Exxon to favorable macro tailwinds. Barclays Increases Exxon Mobil (NYSE:XOM) Price Target to $163.00 Oil Shock, Rising Rates, High Inflation: 3 Sectors Poised to Benefit
- Neutral Sentiment: Mizuho raised its price target to $162 but kept a “neutral” rating — modestly constructive for consensus targets but not a clear buy signal. Mizuho raises price target to $162
- Neutral Sentiment: Broader S&P and market leadership are lifting energy stocks alongside Exxon, so part of the move is market-driven rather than company-specific. The Biggest Things Driving the S&P 500 Higher Despite $103 Oil Today
- Neutral Sentiment: Feature pieces on Exxon’s S&P footprint and dividend profile reinforce long‑term investor interest but are unlikely to move the stock immediately. Exxon Mobil mapping its reach across the S&P 500
- Negative Sentiment: Insider selling: a VP sold 1,080 shares (~$168k), a small disclosure but one that some investors interpret as reduced near‑term insider conviction. SEC filing for insider sale
- Negative Sentiment: A critical analyst note warned Exxon may be a “latecomer” to some energy opportunities, which could temper momentum‑driven buying. Exxon Mobil: Avoid Being The Latecomer To The Energy Party (Downgrade)
Insider Activity at Exxon Mobil
In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction dated Monday, February 2nd. The shares were sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Insiders have sold 11,460 shares of company stock valued at $1,687,854 in the last quarter. Corporate insiders own 0.03% of the company’s stock.
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.
See Also
Receive News & Ratings for Exxon Mobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Exxon Mobil and related companies with MarketBeat.com's FREE daily email newsletter.
