Private Wealth Asset Management LLC Cuts Stock Position in Exxon Mobil Corporation $XOM

Private Wealth Asset Management LLC lessened its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 20.9% in the 3rd quarter, Holdings Channel reports. The firm owned 61,013 shares of the oil and gas company’s stock after selling 16,146 shares during the period. Exxon Mobil accounts for 0.8% of Private Wealth Asset Management LLC’s investment portfolio, making the stock its 24th largest holding. Private Wealth Asset Management LLC’s holdings in Exxon Mobil were worth $6,879,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of the company. Activest Wealth Management raised its holdings in shares of Exxon Mobil by 86.2% during the third quarter. Activest Wealth Management now owns 957 shares of the oil and gas company’s stock valued at $108,000 after acquiring an additional 443 shares during the last quarter. TD Waterhouse Canada Inc. increased its position in shares of Exxon Mobil by 4.0% during the third quarter. TD Waterhouse Canada Inc. now owns 210,105 shares of the oil and gas company’s stock worth $23,342,000 after purchasing an additional 8,110 shares in the last quarter. Crumly & Associates Inc. acquired a new position in Exxon Mobil in the 3rd quarter valued at $286,000. one8zero8 LLC lifted its holdings in Exxon Mobil by 2.4% in the 3rd quarter. one8zero8 LLC now owns 36,899 shares of the oil and gas company’s stock valued at $4,160,000 after purchasing an additional 869 shares in the last quarter. Finally, Coastal Bridge Advisors LLC boosted its stake in Exxon Mobil by 0.8% during the 3rd quarter. Coastal Bridge Advisors LLC now owns 149,454 shares of the oil and gas company’s stock worth $16,851,000 after purchasing an additional 1,117 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the transaction, the vice president directly owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Company insiders own 0.03% of the company’s stock.

Exxon Mobil News Roundup

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

• Positive Sentiment: Exxon and BYD deepen hybrid EV collaboration — a new MoU expands joint R&D, standards work and supply‑chain support, reinforcing XOM’s position in low‑carbon fuel/lubricant and hybrid tech markets (partnership seen as strategic for long‑term demand diversification). BYD & ExxonMobil Boost Cooperation in Hybrid EV Innovation
• Positive Sentiment: Reuters also reports the BYD tie‑up — broader confirmation from major media increases credibility and investor interest in the strategic partnership. China’s BYD, Exxon Mobil to deepen hybrid technology partnership
• Positive Sentiment: Exxon advancing carbon capture and low‑carbon initiatives — plans to expand CCS projects along the U.S. Gulf Coast (Texas, Louisiana) and evaluate a low‑carbon data center could support longer‑term emissions targets and access to decarbonization markets. Here’s How XOM Is Using CCS to Cut Emissions & Power Data-Driven World
• Positive Sentiment: UBS reiterates a buy rating — continued buy support from a major bank lends credibility to the bullish case and may underpin upside sentiment. UBS Sticks to Their Buy Rating for Exxon Mobil (XOM)
• Neutral Sentiment: Analyst previews and bullish writeups highlight valuation and dividend support but flag cyclical risks — several pieces argue for a solid long‑term case while noting near‑term exposure to oil price swings. Exxon: Oil Is Everywhere, Energy Isn’t (Earnings Preview)
• Neutral Sentiment: Market expectations ahead of Q4 earnings are mixed — Zacks pieces note refining strength may offset softer upstream results if crude prices remain subdued; Q4 results are a near‑term catalyst. ExxonMobil’s Q4 Earnings on Deck: Should You Stay Invested or Exit?
• Neutral Sentiment: Exploration work: seismic survey offshore Trinidad signals ongoing growth/production optionality, but value will depend on results and timelines. Exxon Advances Trinidad Deepwater Plans as Exploration Work Takes Shape
• Negative Sentiment: Bank of America raised its price target but maintained a neutral rating — the new $135 target sits slightly below current levels, which could cap near‑term upside if other analysts echo a cautious stance. BofA price target update (coverage)

Exxon Mobil Trading Up 0.6%

Shares of XOM stock opened at $137.70 on Thursday. The stock has a market cap of $580.69 billion, a P/E ratio of 20.01, a P/E/G ratio of 8.92 and a beta of 0.37. The company has a quick ratio of 0.79, a current ratio of 1.14 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $138.01. The business has a fifty day simple moving average of $121.84 and a 200-day simple moving average of $115.74.

Exxon Mobil (NYSE:XOM) last posted its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, beating the consensus estimate of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The firm had revenue of $83.33 billion during the quarter, compared to the consensus estimate of $83.09 billion. During the same period last year, the firm posted $1.92 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. On average, analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a yield of 3.0%. The ex-dividend date of this dividend was Friday, November 14th. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. Exxon Mobil’s dividend payout ratio is currently 59.88%.

Wall Street Analysts Forecast Growth

Several research firms have recently weighed in on XOM. Citigroup raised their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a research note on Wednesday, December 10th. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research report on Friday, January 9th. Wells Fargo & Company lifted their target price on shares of Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Mizuho lifted their price target on shares of Exxon Mobil from $129.00 to $132.00 and gave the stock a “neutral” rating in a research note on Friday, December 12th. Finally, Bank of America raised their target price on shares of Exxon Mobil from $129.00 to $135.00 and gave the stock a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, ten have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus price target of $132.74.

Exxon Mobil 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.