Aspen Wealth Management LLC Sells 9,642 Shares of Exxon Mobil Corporation $XOM

Aspen Wealth Management LLC reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 21.0% during the fourth quarter, according to its most recent filing with the SEC. The fund owned 36,290 shares of the oil and gas company’s stock after selling 9,642 shares during the quarter. Exxon Mobil accounts for approximately 0.9% of Aspen Wealth Management LLC’s portfolio, making the stock its 21st largest holding. Aspen Wealth Management LLC’s holdings in Exxon Mobil were worth $4,367,000 as of its most recent SEC filing.

Several other institutional investors also recently added to or reduced their stakes in the stock. Westfuller Advisors LLC purchased a new position in Exxon Mobil in the third quarter valued at about $30,000. Clayton Financial Group LLC bought a new position in shares of Exxon Mobil during the 3rd quarter valued at approximately $40,000. TruNorth Capital Management LLC increased its stake 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 worth $40,000 after purchasing an additional 335 shares during the last quarter. Bare Financial Services Inc raised its holdings in shares of Exxon Mobil by 121.8% in the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 201 shares during the period. Finally, Halbert Hargrove Global Advisors LLC lifted its stake 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 purchasing an additional 181 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the firm’s stock in a transaction on Monday, March 16th. The shares were sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the transaction, the vice president directly owned 17,124 shares of the company’s stock, valued at $2,662,782. This trade represents a 5.93% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. In the last 90 days, insiders have sold 11,460 shares of company stock valued at $1,687,854. Corporate insiders own 0.03% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on XOM shares. Morgan Stanley reduced their price objective on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a report on Friday, January 23rd. Jefferies Financial Group boosted their target price on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research note on Wednesday, December 10th. BMO Capital Markets reiterated a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a research note on Wednesday, February 4th. Mizuho lifted their price objective on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a report on Tuesday. Finally, Barclays boosted their price objective on Exxon Mobil from $145.00 to $163.00 and gave the company an “overweight” rating in a research note on Monday. Nine 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 stock. According to MarketBeat.com, Exxon Mobil has an average rating of “Hold” and an average price target of $148.35.

Exxon Mobil Stock Up 0.4%

Exxon Mobil stock opened at $158.19 on Friday. The firm has a 50 day simple moving average of $144.87 and a 200 day simple moving average of $125.84. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $160.45. The firm has a market capitalization of $659.16 billion, a price-to-earnings ratio of 23.65, a P/E/G ratio of 1.23 and a beta of 0.35.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The firm 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 business’s revenue for the quarter was down 1.3% on a year-over-year basis. During the same period last year, the company earned $1.67 earnings per share. On average, analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. 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 dividend payout ratio is presently 61.58%.

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Shift in investor narrative — coverage argues XOM’s outlook is improving as analysts and investors bake in higher oil-price assumptions and re-rate Exxon’s valuation, supporting momentum in the shares. Read More.
• Positive Sentiment: Analyst upgrades and higher targets — several firms (including Barclays and Mizuho) have raised price targets, which boosts buy-side conviction and helps push XOM toward 52-week highs. Read More.
• Positive Sentiment: Project acceleration in Guyana — Exxon says a new floating production facility is nearly complete and will speed project startups, implying earlier cash flow from high-margin barrels. Read More.
• Positive Sentiment: Balance-sheet strength highlighted — analysts note Exxon’s low leverage and healthy cash generation make it resilient to commodity swings and able to capitalize on higher prices. Read More.
• Neutral Sentiment: Sector tailwind — energy stocks broadly are rising today, so part of XOM’s move is market-driven rather than purely company-specific. Read More.
• Neutral Sentiment: Exploration step in Greece — a JV including ExxonMobil is moving to next-phase exploration off Greece; potential upside is long‑dated and high risk, so it’s a watch item rather than immediate upside. Read More.
• Negative Sentiment: Insider sale disclosed — a vice president sold ~1,080 shares; while small, insider selling can create short-term sentiment noise for some investors. Read More.
• Negative Sentiment: Regional security risk — a nearby refinery (SAMREF) tied to regional partners was reportedly targeted in an aerial attack (minimal impact reported), underscoring geopolitical tail‑risks that can push oil volatility and create episodic market swings. Read More.

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.