Exxon Mobil Corporation $XOM Shares Sold by New Mexico Educational Retirement Board

New Mexico Educational Retirement Board lessened its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 5.2% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 194,753 shares of the oil and gas company’s stock after selling 10,600 shares during the quarter. Exxon Mobil comprises 0.7% of New Mexico Educational Retirement Board’s investment portfolio, making the stock its 15th biggest holding. New Mexico Educational Retirement Board’s holdings in Exxon Mobil were worth $21,958,000 at the end of the most recent quarter.

Several other institutional investors also recently added to or reduced their stakes in the company. Academy Capital Management raised its position in Exxon Mobil by 262.6% in the 3rd quarter. Academy Capital Management now owns 44,784 shares of the oil and gas company’s stock valued at $5,049,000 after purchasing an additional 32,432 shares during the last quarter. IFP Advisors Inc grew its position in Exxon Mobil by 0.6% during the 3rd quarter. IFP Advisors Inc now owns 159,341 shares of the oil and gas company’s stock worth $17,966,000 after purchasing an additional 891 shares during the last quarter. Innova Wealth Partners increased its stake in Exxon Mobil by 39.8% in the third quarter. Innova Wealth Partners now owns 10,530 shares of the oil and gas company’s stock valued at $1,187,000 after purchasing an additional 2,996 shares during the period. Stillwater Wealth Management Group purchased a new stake in shares of Exxon Mobil in the third quarter valued at about $2,870,000. Finally, Investment Research Partners LLC purchased a new stake in shares of Exxon Mobil in the third quarter valued at about $293,000. Institutional investors and hedge funds own 61.80% of the company’s stock.

Exxon Mobil Trading Up 1.0%

NYSE XOM opened at $159.75 on Friday. 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 stock has a market capitalization of $665.64 billion, a P/E ratio of 23.88, a P/E/G ratio of 1.24 and a beta of 0.35. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $162.44. The firm has a 50-day moving average price of $145.57 and a 200 day moving average price of $126.15.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. The company 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 firm’s quarterly revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm posted $1.67 EPS. Equities research analysts expect that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Announces Dividend

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

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction 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 transaction, the vice president owned 23,584 shares in the company, 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 SEC, which can be accessed through this link. Insiders sold a total of 11,460 shares of company stock valued at $1,687,854 in the last three months. Corporate insiders own 0.03% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on XOM. Bank of America raised their price target on Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday, March 2nd. Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Sanford C. Bernstein lowered 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. Morgan Stanley dropped their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating on the stock in a report on Friday, January 23rd. Finally, Weiss Ratings restated a “hold (c)” rating on shares of Exxon Mobil in a research note on Monday, December 29th. Nine equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of “Hold” and an average target price of $148.89.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Analysts are revising earnings and targets up across the integrated-oil group after the Middle East supply shock, which supports higher oil-price assumptions and makes XOM more attractive to income/value investors. Read More.
• Positive Sentiment: HSBC raised Exxon’s price target (reported coverage) — a signal that some institutional analysts see limited downside versus current levels and are moving to higher targets. Read More.
• Positive Sentiment: Mizuho lifted XOM’s price target to $162 and raised its oil-price outlook, reflecting expectations for stronger 2026 commodity-driven cash flow. That supports valuation upgrades and positive sentiment. Read More.
• Positive Sentiment: Sector rotation into energy and materials is accelerating as the market re-prices commodity-linked assets — a technical tailwind for XOM as investors shift into energy. Read More.
• Positive Sentiment: Operational growth: Exxon is accelerating oil & gas project timelines in Guyana (new floating production facilities nearing deployment), which supports medium-term production growth and value realization. Read More.
• Positive Sentiment: Trading/marketing strength: Exxon is among firms shipping record U.S. fuel volumes to Australia to fill supply gaps, demonstrating lucrative trading opportunities amid disrupted global flows. Read More.
• Neutral Sentiment: Macro: the S&P 500 is under pressure as oil spikes past $100–$120/bbl — this drags broader risk assets even as energy names outperform; net effect for XOM is positive for revenues but mixed for market multiples. Read More.
• Neutral Sentiment: Corporate housekeeping: Exxon announced a planned redomiciliation to Texas — a structural/legal change that’s unlikely to move fundamentals near-term but matters for governance/tax positioning. Read More.
• Neutral Sentiment: Portfolio move: Exxon sold its stake in North Atlantic Energies, a small ownership shift that is not material to XOM’s consolidated results but removes a minor holding. Read More.
• Negative Sentiment: Security/damage risk: Iranian strikes damaged LNG facilities at Qatar’s Ras Laffan (Exxon is a JV partner), cutting Qatar’s export capacity by ~17% and creating multi-year repair timelines and near-term revenue losses for partners — a direct operational hit for joint ventures even as it props up energy prices globally. Read More.

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.