Formidable Asset Management LLC Sells 3,250 Shares of Exxon Mobil Corporation $XOM

Formidable Asset Management LLC cut its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 51,714 shares of the oil and gas company’s stock after selling 3,250 shares during the period. Exxon Mobil accounts for 0.9% of Formidable Asset Management LLC’s holdings, making the stock its 24th largest position. Formidable Asset Management LLC’s holdings in Exxon Mobil were worth $5,831,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently modified their holdings of the company. Westfuller Advisors LLC acquired a new stake in Exxon Mobil in the 3rd quarter worth about $30,000. Clayton Financial Group LLC acquired a new position in shares of Exxon Mobil during the 3rd quarter worth approximately $40,000. TruNorth Capital Management LLC increased its holdings in shares of Exxon Mobil by 1,595.2% during the third 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 period. Halbert Hargrove Global Advisors LLC increased its holdings in shares of Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after purchasing an additional 181 shares during the period. Finally, Marquette Asset Management LLC raised its position in shares of Exxon Mobil by 307.0% in the third quarter. Marquette Asset Management LLC now owns 407 shares of the oil and gas company’s stock valued at $46,000 after buying an additional 307 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Citi and other analysts have raised forecasts/targets for XOM, signaling stronger analyst conviction and supporting upside momentum. Citi Boosts Exxon Mobil (XOM) Price Target by 17% Amid Middle East Tensions
• Positive Sentiment: Exxon’s Golden Pass LNG JV is slated to supply Italy from June, a commercial win that supports near-term LNG volumes and cash flow visibility. Exclusive: Italy to get LNG from QatarEnergy-Exxon’s US Golden Pass from June, sources say
• Positive Sentiment: Energy led Q1 performance as oil rallied on Middle East tensions, lifting sector earnings outlook and keeping investor interest in majors like Exxon. Energy Dominated Q1 2026 As The Broader Market Stumbled
• Neutral Sentiment: Wall Street debate: some outlets updated Exxon’s fair value higher (reflecting oil assumptions), but the revisions show the upside is now more dependent on sustained high oil prices. How The ExxonMobil (XOM) Investment Story Is Shifting With Oil Prices And Cash Return Debates
• Neutral Sentiment: Consensus analyst stance remains largely cautious-to-neutral (average “Hold”), limiting the force of upgrades unless guidance or macro factors change materially. Exxon Mobil Corporation (NYSE:XOM) Given Average Rating of “Hold” by Brokerages
• Negative Sentiment: Barron’s argues oil stocks look “tapped out” — crude pop hasn’t translated to proportional gains in oil equities, implying limited additional upside and greater vulnerability to profit-taking. Oil Stocks Look Tapped Out. Why It’s Time to Move Into Other Sectors.
• Negative Sentiment: Earlier intraday volatility and reports of energy-stock routs show Exxon can pull back quickly if oil prices retrace or geopolitical risk premia fade. Exxon leads energy stock rout, on pace for biggest drop in a year

Analysts Set New Price Targets

A number of brokerages recently issued reports on XOM. UBS Group reissued a “buy” rating and set a $171.00 price target on shares of Exxon Mobil in a research report on Monday, February 2nd. Royal Bank Of Canada upped their target price on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a research report on Monday, February 2nd. Mizuho increased their target price on Exxon Mobil from $140.00 to $162.00 and gave the stock a “neutral” rating in a report on Tuesday, March 17th. Sanford C. Bernstein decreased their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Finally, Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. One equities research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $152.39.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 5,000 shares of the 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 completion of the transaction, the vice president owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 11,460 shares of company stock worth $1,687,854 over the last three months. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Trading Down 0.0%

Shares of XOM stock opened at $160.63 on Friday. The stock’s fifty day moving average price is $152.53 and its two-hundred day moving average price is $129.95. The company has a market cap of $669.31 billion, a PE ratio of 24.01, a P/E/G ratio of 1.11 and a beta of 0.29. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $176.41. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15.

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. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company had revenue of $80.04 billion during the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter in the previous year, the firm earned $1.67 EPS. Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. Equities analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Announces Dividend

The firm also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date was Thursday, February 12th. Exxon Mobil’s payout ratio is currently 61.58%.

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.