Rockland Trust Co. Increases Stock Position in Exxon Mobil Corporation $XOM

Rockland Trust Co. grew its holdings in shares of Exxon Mobil Corporation (NYSE:XOM) by 2.6% during the 4th quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 306,716 shares of the oil and gas company’s stock after purchasing an additional 7,688 shares during the period. Exxon Mobil makes up about 1.5% of Rockland Trust Co.’s holdings, making the stock its 19th biggest position. Rockland Trust Co.’s holdings in Exxon Mobil were worth $36,910,000 as of its most recent SEC filing.

A number of other large investors have also modified their holdings of XOM. Eagle Capital Management LLC lifted its holdings in Exxon Mobil by 15.3% in the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after acquiring an additional 376 shares during the period. Caxton Associates LLP acquired a new position in shares of Exxon Mobil during the 1st quarter worth $305,000. Sivia Capital Partners LLC grew its stake in shares of Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares during the period. United Bank increased its holdings in shares of Exxon Mobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after purchasing an additional 600 shares in the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Exxon Mobil by 17.4% in the second quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company’s stock valued at $3,957,000 after purchasing an additional 5,443 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the firm’s stock in a transaction that occurred 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 sale, the vice president owned 23,584 shares in the company, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Insiders have sold a total of 11,460 shares of company stock worth $1,687,854 over the last quarter. Corporate insiders own 0.03% 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

Exxon Mobil Stock Down 0.1%

XOM opened at $160.63 on Friday. The firm has a market cap of $669.31 billion, a P/E ratio of 24.01, a PEG ratio of 1.11 and a beta of 0.29. The business’s fifty day simple moving average is $152.01 and its 200 day simple moving average is $129.50. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $176.41. 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 announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The firm had revenue of $80.04 billion during the quarter, compared to the consensus estimate of $77.98 billion. During the same quarter in the previous year, the company posted $1.67 EPS. The firm’s revenue for the quarter was down 1.3% on a year-over-year basis. As a group, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were paid a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 annualized dividend and a dividend yield of 2.6%. Exxon Mobil’s dividend payout ratio is presently 61.58%.

Wall Street Analyst Weigh In

A number of research firms recently commented on XOM. BNP Paribas Exane downgraded shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective on the stock. in a report on Tuesday, February 3rd. TD Cowen increased their target price on shares of Exxon Mobil from $135.00 to $145.00 and gave the company a “buy” rating in a report on Tuesday, February 3rd. Weiss Ratings reiterated a “hold (c)” rating on shares of Exxon Mobil in a research report on Monday, December 29th. Piper Sandler upped their price target on Exxon Mobil from $145.00 to $186.00 and gave the stock an “overweight” rating in a report on Thursday, March 12th. Finally, UBS Group reaffirmed a “buy” rating and issued a $171.00 price objective on shares of Exxon Mobil in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $152.39.

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.