Argent Capital Management LLC decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 2.7% during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 641,955 shares of the oil and gas company’s stock after selling 18,013 shares during the period. Exxon Mobil makes up about 2.2% of Argent Capital Management LLC’s portfolio, making the stock its 15th largest position. Argent Capital Management LLC’s holdings in Exxon Mobil were worth $77,253,000 at the end of the most recent quarter.
Other large investors have also bought and sold shares of the company. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil during the third quarter valued at approximately $30,000. Bare Financial Services Inc raised its position in 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 buying an additional 201 shares during the last quarter. Clayton Financial Group LLC bought a new position in Exxon Mobil during the 3rd quarter valued at about $40,000. TruNorth Capital Management LLC grew its stake in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC grew its stake in shares of 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 worth $42,000 after acquiring an additional 181 shares during the period. 61.80% of the stock is currently owned by institutional investors.
Insider Buying and Selling
In related news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction that occurred on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the completion of the sale, the vice president owned 17,124 shares of the company’s stock, valued at approximately $2,662,782. This trade represents a 5.93% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. In the last three months, insiders have sold 11,460 shares of company stock valued at $1,687,854. 0.03% of the stock is currently owned by corporate insiders.
Exxon Mobil Stock Up 1.0%
Exxon Mobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating the consensus estimate of $1.63 by $0.08. The company had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm’s revenue was down 1.3% on a year-over-year basis. During the same period in the prior year, the company earned $1.67 earnings per share. Equities analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current year.
Exxon Mobil Announces Dividend
The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. Exxon Mobil’s payout ratio is presently 61.58%.
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Analysts are revising earnings and targets up across the integrated-oil group after the Middle East supply shock, which supports higher oil-price assumptions and makes XOM more attractive to income/value investors. Read More.
- Positive Sentiment: HSBC raised Exxon’s price target (reported coverage) — a signal that some institutional analysts see limited downside versus current levels and are moving to higher targets. Read More.
- Positive Sentiment: Mizuho lifted XOM’s price target to $162 and raised its oil-price outlook, reflecting expectations for stronger 2026 commodity-driven cash flow. That supports valuation upgrades and positive sentiment. Read More.
- Positive Sentiment: Sector rotation into energy and materials is accelerating as the market re-prices commodity-linked assets — a technical tailwind for XOM as investors shift into energy. Read More.
- Positive Sentiment: Operational growth: Exxon is accelerating oil & gas project timelines in Guyana (new floating production facilities nearing deployment), which supports medium-term production growth and value realization. Read More.
- Positive Sentiment: Trading/marketing strength: Exxon is among firms shipping record U.S. fuel volumes to Australia to fill supply gaps, demonstrating lucrative trading opportunities amid disrupted global flows. Read More.
- Neutral Sentiment: Macro: the S&P 500 is under pressure as oil spikes past $100–$120/bbl — this drags broader risk assets even as energy names outperform; net effect for XOM is positive for revenues but mixed for market multiples. Read More.
- Neutral Sentiment: Corporate housekeeping: Exxon announced a planned redomiciliation to Texas — a structural/legal change that’s unlikely to move fundamentals near-term but matters for governance/tax positioning. Read More.
- Neutral Sentiment: Portfolio move: Exxon sold its stake in North Atlantic Energies, a small ownership shift that is not material to XOM’s consolidated results but removes a minor holding. Read More.
- Negative Sentiment: Security/damage risk: Iranian strikes damaged LNG facilities at Qatar’s Ras Laffan (Exxon is a JV partner), cutting Qatar’s export capacity by ~17% and creating multi-year repair timelines and near-term revenue losses for partners — a direct operational hit for joint ventures even as it props up energy prices globally. Read More.
Wall Street Analyst Weigh In
Several equities research analysts recently issued reports on XOM shares. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. BNP Paribas Exane cut Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price target on the stock. in a report on Tuesday, February 3rd. BMO Capital Markets reissued a “market perform” rating and issued a $155.00 price objective on shares of Exxon Mobil in a report on Wednesday, February 4th. Loop Capital set a $123.00 target price on Exxon Mobil in a research report on Tuesday, February 3rd. Finally, Morgan Stanley dropped their price target on shares of Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. Nine analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and an average target price of $148.89.
Read Our Latest Analysis on Exxon Mobil
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.
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