Capital International Investors Sells 2,590,760 Shares of Exxon Mobil Corporation $XOM

Capital International Investors reduced its holdings in Exxon Mobil Corporation (NYSE:XOM) by 9.7% during the third quarter, Holdings Channel.com reports. The fund owned 24,212,060 shares of the oil and gas company’s stock after selling 2,590,760 shares during the quarter. Capital International Investors’ holdings in Exxon Mobil were worth $2,730,089,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of the business. Westfuller Advisors LLC bought a new position in shares of Exxon Mobil in the third quarter worth approximately $30,000. Clayton Financial Group LLC bought a new stake in Exxon Mobil during the third quarter valued at approximately $40,000. TruNorth Capital Management LLC grew its stake in Exxon Mobil by 1,595.2% in the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. Bare Financial Services Inc increased its holdings in shares of 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. Finally, Halbert Hargrove Global Advisors LLC raised its position in shares of Exxon Mobil by 95.8% during the 3rd quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock valued at $42,000 after buying an additional 181 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Key Exxon Mobil News

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

• Positive Sentiment: Board backs redomicile to Texas to align legal domicile with HQ, citing shareholder benefits and a more business-friendly legal environment — move could lower litigation and regulatory friction and strengthen management’s operating flexibility. ExxonMobil Board Unanimously Recommends Redomiciling the Company from New Jersey to Texas
• Positive Sentiment: Exxon is re-routing supply (shipping U.S. Gulf gasoline to Australia) and weighing a return to Venezuela — signals of operational agility that can capture higher margins from tight global product markets. Exxon Mobil Shifts Supply Routes As Investors Weigh Valuation And Growth
• Positive Sentiment: Geopolitical supply shocks have driven crude sharply higher (Brent/WTI > $100+), improving near-term revenue and cash-flow prospects for integrated majors like Exxon. Higher oil supports upstream cash generation and chemical/refining margins. Oil Prices Jump on Geopolitical Tensions: 3 Energy Stocks to Watch
• Neutral Sentiment: Bank of America raised its price target to $151 while keeping a Neutral rating — a modest signal that valuation is being adjusted upward but not yet a strong buy endorsement. Exxon Mobil Corporation (XOM) Price Target Raised to $151
• Neutral Sentiment: UBS reiterated a Buy and $171 target, highlighting chemicals recovery and margin upside through 2030 — helpful for longer-term thesis but not necessarily a catalyst for immediate re-rating. Exxon Mobil: Buy Rating on Undervalued Recovery in Chemicals, Earnings and Margin Upside Through 2030
• Negative Sentiment: Despite much higher oil, major oil stocks have shown muted moves — suggesting the market may be pricing in risks (duration of disruptions, refining constraints, or policy/ESG pressures) that could limit near-term upside. Big Oil Stocks Have Barely Budged Since the War Began. What Gives?

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the completion of the sale, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Over the last 90 days, insiders sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is owned by insiders.

Exxon Mobil Stock Performance

Exxon Mobil stock opened at $150.43 on Tuesday. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The company has a market capitalization of $626.80 billion, a PE ratio of 22.49, a P/E/G ratio of 1.24 and a beta of 0.35. The firm has a fifty day simple moving average of $139.49 and a two-hundred day simple moving average of $123.62. Exxon Mobil Corporation has a twelve month low of $97.80 and a twelve month high of $159.60.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data 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. The firm had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The company’s revenue for the quarter was down 1.3% compared to the same quarter last year. During the same period last year, the firm earned $1.67 earnings per share. Research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

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

Analysts Set New Price Targets

Several research analysts recently issued reports on the stock. Sanford C. Bernstein cut their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research report on Monday, January 5th. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. TD Cowen upped their price objective on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Royal Bank Of Canada raised their price objective on Exxon Mobil from $145.00 to $150.00 and gave the company a “sector perform” rating in a report on Monday, February 2nd. Finally, BMO Capital Markets restated a “market perform” rating and issued a $155.00 target price on shares of Exxon Mobil in a research report on Wednesday, February 4th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, Exxon Mobil currently has a consensus rating of “Hold” and an average price target of $143.41.

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.