Mesirow Financial Investment Management Inc. cut its stake in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 6.4% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 79,684 shares of the oil and gas company’s stock after selling 5,488 shares during the quarter. Mesirow Financial Investment Management Inc.’s holdings in Exxon Mobil were worth $8,984,000 as of its most recent filing with the Securities and Exchange Commission.
Several other hedge funds and other institutional investors have also modified their holdings of XOM. Norges Bank acquired a new stake in shares of Exxon Mobil during the 2nd quarter valued at about $6,163,719,000. First Trust Advisors LP grew its position in Exxon Mobil by 150.2% in 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 acquiring an additional 4,563,707 shares in the last quarter. Cerity Partners LLC increased its stake in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after purchasing an additional 4,015,099 shares during the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 10,809.8% during the 2nd 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 purchasing an additional 3,066,736 shares in the last quarter. Finally, Bessemer Group Inc. lifted its stake in shares of Exxon Mobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after purchasing an additional 1,454,308 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
Analysts Set New Price Targets
Several analysts have recently issued reports on XOM shares. Bank of America upped their price target on Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. TD Cowen upped their price target 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. Sanford C. Bernstein cut their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a report on Monday, January 5th. Loop Capital set a $123.00 price objective on shares of Exxon Mobil in a research note on Tuesday, February 3rd. Finally, Jefferies Financial Group increased their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Nine research 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.com, the company presently has an average rating of “Hold” and an average target price of $140.59.
Trending Headlines about Exxon Mobil
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Wells Fargo raised its price target on XOM to $183 and kept an Overweight rating, citing Exxon’s leadership among integrated majors — this is a clear analyst-led bullish catalyst for the stock. Wells Fargo Raises Price Target
- Positive Sentiment: Near-term oil prices moved higher on geopolitical tensions (U.S.–Iran concerns), which typically boosts integrated producers’ EBITDA and supports Exxon’s cash flow and dividends. Oil Prices Rise
- Positive Sentiment: Exxon is highlighting growth in Guyana as a competitive advantage for securing future acreage and fiscal terms — continued execution there underpins production growth expectations over the next decade. Exxon Touts Guyana Growth
- Positive Sentiment: Technology/partnership news: FuelCell Energy’s carbon capture and hydrogen projects mention collaborations with Exxon — signals Exxon’s involvement in low‑carbon projects that could become future revenue or strategic optionality. This is longer‑term constructive. FCEL-Exxon Collaboration Mention
- Neutral Sentiment: Industry/stock comparisons and valuation pieces (Zacks, Seeking Alpha, Barchart) debate whether XOM is the better buy versus peers and whether recent gains fully reflect value — useful for longer-term positioning but unlikely to trigger an immediate move by itself. SSL or XOM Valuation Comparison
- Neutral Sentiment: Commentary asking whether XOM remains attractive after a ~40% one‑year gain and analyst pieces modeling higher oil scenarios ($90) create mixed investor views on upside vs. stretched multiples. Is Exxon Still Attractive?
- Negative Sentiment: Industry legal/arbitration risk: partners in the Kashagan field have taken Kazakhstan to arbitration over a large fine — as a participant in some Kazakhstan projects, this broader industry legal uncertainty could be a minor overhang on sentiment. Kashagan Arbitration
Exxon Mobil Stock Down 0.1%
Shares of XOM opened at $149.19 on Thursday. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $156.93. The business’s fifty day moving average price is $134.28 and its two-hundred day moving average price is $121.05. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. The firm has a market capitalization of $621.62 billion, a price-to-earnings ratio of 22.30, a PEG ratio of 15.48 and a beta of 0.39.
Exxon Mobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS 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 prior year, the firm earned $1.67 earnings per share. The business’s quarterly revenue was down 1.3% on a year-over-year basis. On average, 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 will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be issued a $1.03 dividend. This represents a $4.12 annualized dividend and a yield of 2.8%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio is currently 61.58%.
Insider Buying and Selling
In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil 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 directly owned 23,584 shares of the company’s stock, valued at $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Insiders have sold 14,230 shares of company stock worth $1,888,421 over the last 90 days. 0.03% of the stock is currently owned by company insiders.
About Exxon Mobil
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.
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