Synovus Financial Corp Grows Position in Exxon Mobil Corporation $XOM

Synovus Financial Corp lifted its holdings in Exxon Mobil Corporation (NYSE:XOM) by 5.6% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 374,134 shares of the oil and gas company’s stock after purchasing an additional 19,758 shares during the period. Synovus Financial Corp’s holdings in Exxon Mobil were worth $42,188,000 at the end of the most recent reporting period.

Several other large investors also recently bought and sold shares of the business. Eagle Capital Management LLC increased its position in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Exxon Mobil in the 1st quarter valued at about $305,000. Sivia Capital Partners LLC raised its stake in Exxon Mobil by 1.9% in the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares in the last quarter. Castellan Group lifted its stake in Exxon Mobil by 2.9% during the second quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock worth $2,853,000 after purchasing an additional 740 shares during the last quarter. Finally, United Bank raised its stake in Exxon Mobil by 2.8% during the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock worth $2,352,000 after acquiring an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Roundup

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

• Positive Sentiment: Exxon says it is committed to moving quickly to develop natural gas in Guyana — a growth market that could expand upstream volumes and long‑term gas revenues if timelines hold. Exxon committed to moving fast to develop gas in Guyana, executive says
• Positive Sentiment: Exxon will have senior management (Jack Williams) speaking at the Morgan Stanley Energy & Power Conference on March 3 — an opportunity for management to discuss capital allocation, Guyana progress and shareholder returns directly with investors. ExxonMobil to Speak at Morgan Stanley Energy & Power Conference
• Neutral Sentiment: Options-market activity is being analyzed for signals on near‑term positioning; such flows can indicate trader sentiment but don’t always translate to directional moves in the equity. What the Options Market Tells Us About Exxon Mobil
• Neutral Sentiment: A valuation review notes mixed signals on Exxon’s long‑term returns — attractive dividend/cash flow metrics vs. capital intensity and transition risks — implying more nuance than a simple buy/sell call. Assessing Exxon Mobil (XOM) Valuation As Mixed Signals Emerge On Long Term Returns
• Neutral Sentiment: Round‑up and dividend/stability lists mention Exxon as a dividend income option; useful for long‑term income investors but unlikely to move price sharply on its own. Want Decades of Passive Income? 3 Stocks to Buy Right Now
• Negative Sentiment: Brokerage consensus/target coverage published a mean target (~$140.59) below the current trading level, which could cap upside and prompt profit‑taking if analysts don’t lift targets. Brokerages Set Exxon Mobil Corporation (NYSE:XOM) Target Price at $140.59
• Negative Sentiment: Australia’s Federal Court fined Mobil Oil Australia A$16M (~$11.3M) for misleading petrol claims — a reputational and small financial hit that highlights regional regulatory/legal risk. Australian court fines Exxon’s local petrol brand $11.3 million for misleading claims

Exxon Mobil Trading Up 3.0%

NYSE:XOM opened at $150.64 on Thursday. The company has a market cap of $635.27 billion, a PE ratio of 22.52, a P/E/G ratio of 15.16 and a beta of 0.39. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $156.93. The business’s 50 day moving average is $131.09 and its two-hundred day moving average is $119.55. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, beating 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 for the quarter, compared to analysts’ expectations of $77.98 billion. During the same period last year, the business posted $1.67 earnings per share. The firm’s quarterly revenue was down 1.3% compared to the same quarter last year. On average, analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

Wall Street Analyst Weigh In

A number of research firms recently issued reports on XOM. BMO Capital Markets reissued a “market perform” rating and set a $155.00 price target on shares of Exxon Mobil in a report on Wednesday, February 4th. Jefferies Financial Group raised their price target on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Sanford C. Bernstein reduced their target price on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. TD Cowen lifted their price target on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Finally, Barclays raised their target price on shares of Exxon Mobil from $140.00 to $145.00 and gave the stock an “overweight” rating in a research report on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average target price of $140.59.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 5,000 shares of the 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 owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders sold a total of 14,230 shares of company stock valued at $1,888,421 in the last 90 days. Corporate insiders own 0.03% of the company’s stock.

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.