Archford Capital Strategies LLC lowered its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 34.4% in the 4th quarter, according to its most recent disclosure with the SEC. The fund owned 22,202 shares of the oil and gas company’s stock after selling 11,637 shares during the quarter. Archford Capital Strategies LLC’s holdings in Exxon Mobil were worth $2,672,000 at the end of the most recent quarter.
A number of other institutional investors have also recently made changes to their positions in XOM. Northern Trust Corp increased its stake in shares of Exxon Mobil by 1.0% in the third 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 during the period. Franklin Resources Inc. grew its holdings in Exxon Mobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company’s stock worth $4,366,655,000 after acquiring an additional 2,660,910 shares during the last quarter. Capital Research Global Investors grew its holdings in Exxon Mobil by 0.4% in 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 increased its position in shares of Exxon Mobil by 1.1% in the third quarter. Fisher Asset Management LLC now owns 31,194,493 shares of the oil and gas company’s stock valued at $3,517,179,000 after acquiring an additional 340,785 shares during the period. Finally, Legal & General Group Plc increased its position in shares of 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 valued at $2,299,687,000 after acquiring an additional 886,087 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Exxon Mobil News Summary
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Citi raised its XOM price target to $175 (from $150), citing a renewed structural interest in oil names amid tight markets; that upgrade helped underpin investor enthusiasm even though the firm kept a “neutral” rating. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
- Positive Sentiment: Energy-sector rally driven by higher oil and geopolitical risk boosted large integrateds like Exxon; sector headlines (including jumps in LNG and project names) lifted sentiment across peers. Venture Global Jumps as Oil Rally Ignites Energy Stocks
- Positive Sentiment: Commercial progress on Exxon’s LNG footprint: Reuters reports Italy will begin receiving LNG from the Golden Pass (QatarEnergy–Exxon JV) in June, which supports medium‑term LNG volumes and revenue diversification. Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
- Neutral Sentiment: Broader market fundamentals remain constructive: FactSet notes S&P 500 earnings growth staying strong, which supports risk appetite into cyclicals — a tailwind for energy in a bull market, but not specific to Exxon’s near-term price action. What Oil Shock? S&P 500 Estimates Keep Rising. These Stocks’ Views Rise Most.
- Negative Sentiment: Volatility tied to Iran/conflict headlines is a two‑way risk: signs of de‑escalation have triggered quick oil drops and a rapid unwind in energy longs, producing steep intra‑day declines for Exxon in recent sessions. Exxon Mobil slides as crude prices retreat on renewed Iran ceasefire optimism
- Negative Sentiment: Analyst sentiment is mixed — some trims to ratings and notes that the rally may be “stretched” mean downside risk if oil retraces materially; investors should watch oil, shipping/Strait of Hormuz headlines and positioning. Market summary and analyst notes on XOM
Wall Street Analyst Weigh In
Check Out Our Latest Research Report on XOM
Exxon Mobil Price Performance
Shares of NYSE XOM opened at $160.63 on Friday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company’s 50-day moving average is $152.01 and its 200 day moving average is $129.50. The stock has a market capitalization of $669.31 billion, a P/E ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate 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 net margin of 8.68% and a return on equity of 11.21%. Exxon Mobil’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the business posted $1.67 earnings per share. On average, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.
Exxon Mobil Dividend Announcement
The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid 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 was Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is presently 61.58%.
Insider Buying and Selling at Exxon Mobil
In other Exxon Mobil news, VP Darrin L. Talley sold 1,080 shares of the stock in a transaction 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 transaction, the vice president owned 17,124 shares in the company, valued at approximately $2,662,782. This 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. Insiders sold 11,460 shares of company stock worth $1,687,854 in the last 90 days. Insiders own 0.03% of the company’s stock.
About Exxon Mobil
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.
Recommended Stories
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Exxon Mobil Corporation (NYSE:XOM – Free Report).
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.
