Eastern Bank Sells 7,594 Shares of Exxon Mobil Corporation $XOM

Eastern Bank trimmed its stake in Exxon Mobil Corporation (NYSE:XOM) by 1.1% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 677,284 shares of the oil and gas company’s stock after selling 7,594 shares during the period. Exxon Mobil makes up approximately 1.4% of Eastern Bank’s portfolio, making the stock its 19th biggest holding. Eastern Bank’s holdings in Exxon Mobil were worth $81,504,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also bought and sold shares of the stock. Northern Trust Corp grew its stake in Exxon Mobil by 1.0% in the 3rd quarter. Northern Trust Corp now owns 44,026,019 shares of the oil and gas company’s stock worth $4,963,934,000 after buying an additional 445,283 shares in the last quarter. Franklin Resources Inc. raised its position in shares of Exxon Mobil by 7.4% during the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock valued at $4,366,655,000 after buying an additional 2,660,910 shares in the last quarter. Capital Research Global Investors lifted its holdings in shares of Exxon Mobil by 0.4% during the 3rd quarter. Capital Research Global Investors now owns 33,620,927 shares of the oil and gas company’s stock worth $3,790,773,000 after acquiring an additional 127,466 shares during the last quarter. Fisher Asset Management LLC lifted its holdings in shares of Exxon Mobil by 1.1% during the 3rd quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock worth $3,517,179,000 after acquiring an additional 340,785 shares during the last quarter. Finally, Legal & General Group Plc grew its position in Exxon Mobil by 4.5% in the third quarter. Legal & General Group Plc now owns 20,396,334 shares of the oil and gas company’s stock worth $2,299,687,000 after acquiring an additional 886,087 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Over the last quarter, insiders have sold 11,460 shares of company stock worth $1,687,854. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $171.38 on Tuesday. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $176.41. The firm has a market cap of $714.10 billion, a P/E ratio of 25.62, a P/E/G ratio of 1.27 and a beta of 0.35. 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 firm has a 50-day moving average of $150.14 and a 200-day moving average of $128.66.

Exxon Mobil (NYSE:XOM) last released its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. The business 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%.Exxon Mobil’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.67 EPS. Sell-side analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were issued a $1.03 dividend. The ex-dividend date was Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.4%. Exxon Mobil’s payout ratio is 61.58%.

Exxon Mobil News Roundup

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

• Positive Sentiment: Golden Pass LNG begins production — first train at the QatarEnergy–Exxon joint venture in Port Arthur, Texas has produced its first LNG, marking a major step toward increased U.S. export volumes and long-term revenue upside for Exxon. Exxon and QatarEnergy’s joint venture Golden Pass produces first LNG at new Texas facility
• Positive Sentiment: Project confirmation from owners — multiple reports confirm Golden Pass’s first-LNG milestone, reinforcing the near-term supply-to-demand story for U.S. LNG exporters (supports future gas/liquids cash flow). America’s Newest Natural-Gas Export Terminal Produces Its First LNG
• Positive Sentiment: Pricing and volume tailwinds — analyst/commentary notes that Exxon is benefiting from stronger pricing and higher volumes, which support margins and free cash flow expectations for 2026. Exxon Mobil: Boosted By Powerful Pricing And Volume Tailwinds
• Positive Sentiment: Geopolitical supply shock lifts oil exposure — coverage and social chatter point to Exxon as a key beneficiary from Strait of Hormuz disruptions and regional instability, supporting higher oil prices and upstream cash generation. ExxonMobil Benefits From Energy Shock As Supply Disruptions Reshape Cash Priorities
• Positive Sentiment: Strategic helium asset — Exxon’s Shute Creek plant supplies a large share of global helium; coverage highlights this rare-commodity exposure amid supply disruptions, offering incremental upside beyond oil & gas. Helium “Tsunami” to Hit Chipmakers — The Surprising Winner to Profit from the Coming Shortage
• Positive Sentiment: Analyst momentum — at least one analyst upgrade/research note drove buying interest earlier in the session, supporting near-term technical momentum. Exxon Mobil (NYSE:XOM) Trading 3.5% Higher on Analyst Upgrade
• Neutral Sentiment: Short-term gas price headwind — U.S. natural gas futures eased into the spring shoulder season, which could pressure near-term gas-margin expectations despite LNG export growth longer term. U.S. Natural Gas Futures Fall As Spring Weather Curbs Demand
• Neutral Sentiment: Mixed sector action — broader energy indices showed intraday swings (mixed then later softer), meaning sector flows could amplify XOM moves but aren’t solely driving direction. Sector Update: Energy Stocks Mixed Monday Afternoon
• Negative Sentiment: Insider sales and big institutional rebalances — recent filings show insiders selling and large institutional reductions at some funds, which can create headwinds if continued. Exxon Mobil Stock (XOM) Opinions on Middle East Geopolitical Tensions

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on XOM shares. HSBC increased their target price on Exxon Mobil from $135.00 to $158.00 and gave the company a “hold” rating in a research note on Friday, March 20th. Barclays upped their price objective on Exxon Mobil from $145.00 to $163.00 and gave the stock an “overweight” rating in a report on Monday, March 16th. Bank of America increased their price objective on Exxon Mobil from $135.00 to $151.00 and gave the company a “neutral” rating in a research report on Monday, March 2nd. UBS Group reissued a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a report on Monday, February 2nd. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Nine investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $151.00.

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.