Lcnb Corp Sells 6,591 Shares of Exxon Mobil Corporation $XOM

Lcnb Corp lowered its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 34.0% during the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 12,806 shares of the oil and gas company’s stock after selling 6,591 shares during the quarter. Lcnb Corp’s holdings in Exxon Mobil were worth $1,444,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds have also bought and sold shares of the company. Norges Bank bought a new position in shares of Exxon Mobil in the 2nd quarter worth approximately $6,163,719,000. First Trust Advisors LP boosted its position in shares of 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 valued at $819,560,000 after purchasing an additional 4,563,707 shares in the last quarter. Cerity Partners LLC grew its stake in Exxon Mobil by 200.7% in the second 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 period. Laurel Wealth Advisors LLC raised its holdings in Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares in the last quarter. Finally, Bessemer Group Inc. lifted its position in Exxon Mobil by 119.4% during the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company’s stock valued at $301,310,000 after buying an additional 1,454,308 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent research reports. Sanford C. Bernstein reduced their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research report on Monday, January 5th. Piper Sandler dropped their price objective on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. Zacks Research upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a report on Friday, January 30th. Bank of America lifted their target price on shares of Exxon Mobil from $129.00 to $135.00 and gave the company a “neutral” rating in a report on Wednesday, January 28th. Finally, Loop Capital set a $123.00 price target on Exxon Mobil in a research report on Tuesday, February 3rd. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, Exxon Mobil currently has an average rating of “Hold” and a consensus target price of $140.59.

Insider Transactions at Exxon Mobil

In other Exxon Mobil news, VP Darrin L. Talley sold 3,230 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $149.18, for a total value of $481,851.40. Following the completion of the sale, the vice president owned 20,354 shares of the company’s stock, valued at approximately $3,036,409.72. The trade was a 13.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold a total of 14,230 shares of company stock valued at $1,888,421 in the last 90 days. Company insiders own 0.03% of the company’s stock.

Exxon Mobil Trading Up 2.3%

Exxon Mobil stock opened at $150.72 on Tuesday. 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 one year low of $97.80 and a one year high of $156.93. The stock has a market capitalization of $628.01 billion, a PE ratio of 22.53, a price-to-earnings-growth ratio of 15.28 and a beta of 0.39. The business’s fifty day moving average is $132.95 and its 200 day moving average is $120.55.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping analysts’ consensus estimates of $1.63 by $0.08. The business had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.Exxon Mobil’s revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 EPS. On average, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current year.

Exxon Mobil Dividend Announcement

The business also recently disclosed 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. The ex-dividend date is Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a yield of 2.7%. Exxon Mobil’s dividend payout ratio is 61.58%.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Energy-sector momentum: Energy names were up Monday afternoon, supporting XOM’s move as the NYSE Energy index rose and traders rotated into beaten-up oil majors. Sector Update: Energy Stocks Rise Monday Afternoon
• Positive Sentiment: Regulatory tailwind: Analysis notes a potentially friendlier U.S. regulatory environment under the current administration that could reduce compliance costs and benefit large integrated producers like Exxon. A Friendlier Regulatory Environment May Be on the Horizon for These 2 Energy Stocks as the Trump Administration Rolls Back Greenhouse Gas Regulation
• Positive Sentiment: Bullish commentary and company execution: Analysts and coverage point to strong free cash flow generation and successful execution of growth plans (cited as reasons for January’s rally and multi-year upside). That supports investor confidence in buybacks/dividends. ExxonMobil Stock Surged 17% in January — Here’s What Drove the Rally (and What You Really Need to Focus On)
• Neutral Sentiment: Insider activity: A reported sale by Rep. Gilbert Ray Cisneros, Jr. was disclosed — a single disclosure that may attract attention but doesn’t currently change company fundamentals. Exxon Mobil (NYSE:XOM) Shares Unloaded Rep. Gilbert Ray Cisneros, Jr.
• Neutral Sentiment: Potential asset recovery case: The Supreme Court also agreed to hear Exxon’s bid related to compensation claims from Cuba — a case that could produce a payout if decided favorably, but currently adds legal uncertainty rather than an immediate stock catalyst. US Supreme Court to hear Exxon bid for compensation from Cuba
• Negative Sentiment: Supreme Court climate litigation risk: The U.S. Supreme Court agreed to hear Exxon’s request to block Boulder’s climate-related lawsuit (and related filings), increasing legal and reputational uncertainty that could pressure the stock if the litigation outlook worsens. US Supreme Court to hear Exxon and Suncor bid to toss Boulder’s climate suit
• Negative Sentiment: Boardroom and governance concerns: Coverage highlights boardroom transition risks tied to the legal fight and investor activism, which can create longer-term governance uncertainty and weigh on sentiment. Exxon Mobil Faces Supreme Court Climate Case And Boardroom Transition Risks
• Negative Sentiment: Macro/market-structure warning: A market commentary flagged defensive names (including Exxon) as potentially overvalued within a distorted market structure, suggesting broader correction risk that could drag XOM if it reverses. The Bull Market Is Lying To You — Here’s What The Charts Are Really Saying

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.