SeaCrest Wealth Management LLC Sells 3,607 Shares of Exxon Mobil Corporation $XOM

SeaCrest Wealth Management LLC reduced its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 10.1% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 32,215 shares of the oil and gas company’s stock after selling 3,607 shares during the quarter. SeaCrest Wealth Management LLC’s holdings in Exxon Mobil were worth $3,673,000 at the end of the most recent quarter.

A number of other hedge funds have also recently bought and sold shares of XOM. Norges Bank acquired a new position in shares of Exxon Mobil during the second quarter valued at about $6,163,719,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after buying an additional 4,563,707 shares in the last quarter. Cerity Partners LLC increased its stake in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares during the period. Laurel Wealth Advisors LLC increased its stake in Exxon Mobil by 10,809.8% during the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after acquiring an additional 3,066,736 shares during the period. Finally, Franklin Resources Inc. raised 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 valued at $4,366,655,000 after acquiring an additional 2,660,910 shares in the last quarter. 61.80% of the stock is owned by institutional investors.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Brent and WTI have jumped (Brent above $100), driven by Middle East tensions; higher crude directly supports Exxon’s refining & upstream margins and revenue outlook. Oil holds above $100 as Trump says America ‘has ammunition and plenty of time’ to fight Iran war
• Positive Sentiment: The EIA projects higher oil prices in 2026 and WTI topping $90, which supports Exxon’s Permian and Guyana production growth assumptions and long-term cash flow. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Piper Sandler raised its price target on XOM to $186 and moved to “overweight,” signaling institutional conviction in further upside tied to higher oil and Exxon’s growth plan. Piper Sandler raises XOM price target to $186 – Benzinga
• Positive Sentiment: Exxon reiterated an ambitious outlook (targeting ~13% EPS CAGR through 2030) and is positioning capital toward high-return Permian/Guyana barrels — supportive for long-term earnings growth. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
• Positive Sentiment: Global producers (e.g., Saudi Aramco) warn the Iran war could be “catastrophic” for supply — comments that push oil higher and benefit majors like Exxon. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
• Positive Sentiment: Operationally, Exxon has prepared a Gulf Coast fuel shipment to Australia, showing demand-driven commercial activity and diversified marketing avenues. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
• Neutral Sentiment: Analyses and stock screeners highlight Exxon’s dividend yield and large-market-cap stability; useful for income investors but less immediately price-moving than oil/analyst headlines. Exxon Mobil (XOM): Dividend Royalty With A $630B Market Cap | 2-Minute Analysis
• Neutral Sentiment: Coverage pieces ask if Exxon’s rally already reflects value; these frame investor caution but don’t change fundamentals immediately. Is Exxon Mobil (XOM) Still Attractive After Strong Five-Year Share Price Gains?
• Negative Sentiment: Political talk of tapping the U.S. Strategic Petroleum Reserve (SPR) to lower fuel costs could increase near-term supply and cap crude prices, a potential headwind for Exxon’s near-term margin tailwinds. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs

Wall Street Analysts Forecast Growth

Several brokerages have recently weighed in on XOM. Jefferies Financial Group lifted their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a 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 for the company in a research report on Monday, January 5th. Bank of America lifted their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a research note on Monday, March 2nd. Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Finally, UBS Group reaffirmed a “buy” rating and set a $171.00 price objective on shares of Exxon Mobil in a report on Monday, February 2nd. 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. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $146.00.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the company’s stock in a transaction on Monday, February 2nd. The stock was 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 of the company’s stock, valued at approximately $3,295,864. This represents a 17.49% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. In the last three months, insiders have sold 16,380 shares of company stock valued at $2,227,734. Insiders own 0.03% of the company’s stock.

Exxon Mobil Price Performance

Shares of NYSE:XOM traded up $0.88 during trading on Friday, reaching $154.41. The stock had a trading volume of 2,445,480 shares, compared to its average volume of 20,964,023. The stock has a market capitalization of $643.38 billion, a PE ratio of 23.10, a P/E/G ratio of 1.24 and a beta of 0.35. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $159.60. The business’s 50-day moving average price is $141.31 and its 200 day moving average price is $124.28.

Exxon Mobil (NYSE:XOM) last announced its earnings results 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. 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 quarter in the prior year, the business earned $1.67 earnings per share. The business’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, equities analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share 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 of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. Exxon Mobil’s dividend payout ratio (DPR) 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.