Voya Investment Management LLC cut its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 10.0% in the third quarter, according to the company in its most recent disclosure with the SEC. The firm owned 1,735,574 shares of the oil and gas company’s stock after selling 192,258 shares during the quarter. Voya Investment Management LLC’s holdings in Exxon Mobil were worth $195,686,000 as of its most recent filing with the SEC.
Several other large investors have also made changes to their positions in XOM. Voya Financial Advisors Inc. lifted its holdings in Exxon Mobil by 6.7% during the 3rd quarter. Voya Financial Advisors Inc. now owns 64,727 shares of the oil and gas company’s stock valued at $7,393,000 after purchasing an additional 4,051 shares during the last quarter. Stillwater Capital Advisors LLC increased its holdings in shares of Exxon Mobil by 1.0% during the third quarter. Stillwater Capital Advisors LLC now owns 149,552 shares of the oil and gas company’s stock worth $16,862,000 after buying an additional 1,452 shares in the last quarter. Dynamic Advisor Solutions LLC raised its stake in shares of Exxon Mobil by 8.0% in the third quarter. Dynamic Advisor Solutions LLC now owns 108,608 shares of the oil and gas company’s stock valued at $12,246,000 after acquiring an additional 8,006 shares during the last quarter. Cypress Financial Planning LLC acquired a new position in shares of Exxon Mobil in the 3rd quarter worth approximately $200,000. Finally, Chapin Davis Inc. grew its position in Exxon Mobil by 29.8% during the 3rd quarter. Chapin Davis Inc. now owns 5,980 shares of the oil and gas company’s stock worth $674,000 after acquiring an additional 1,373 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.
Exxon Mobil Stock Performance
Exxon Mobil stock opened at $116.56 on Friday. The company has a market cap of $491.57 billion, a PE ratio of 16.94, a PEG ratio of 7.36 and a beta of 0.38. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $120.81. The company’s 50-day moving average is $115.93 and its two-hundred day moving average is $112.70.
Exxon Mobil Increases Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were paid a $1.03 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date of this dividend was Friday, November 14th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.5%. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.
Wall Street Analysts Forecast Growth
Several equities analysts have issued reports on the company. Barclays cut their price objective on Exxon Mobil from $127.00 to $126.00 and set an “overweight” rating for the company in a research report on Tuesday, October 7th. Bank of America reduced their price target on shares of Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating on the stock in a research report on Thursday, December 11th. BNP Paribas upgraded shares of Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Monday, December 8th. UBS Group reiterated a “buy” rating on shares of Exxon Mobil in a research report on Tuesday, December 9th. Finally, Citigroup increased their price target on shares of Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $129.45.
Get Our Latest Analysis on Exxon Mobil
Exxon Mobil News Roundup
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Company actions that support returns — XOM has a long streak of dividend increases (43 years) and plans roughly $20B of buybacks in 2025, underpinning shareholder yield and capital return even if commodity prices soften. How ExxonMobil Survives Oil Price Cycles and Rewards Shareholders
- Positive Sentiment: Wall Street backing — several analysts recently raised targets or reaffirmed buy/overweight ratings (Wells Fargo, Piper Sandler, Cowen), which supports sentiment and could limit downside. MarketBeat: Exxon Mobil updates and analyst notes
- Neutral Sentiment: Commercial arrangements — DNO ASA announced North Sea offtake agreements that involve Exxon subsidiaries; this is incremental commercial activity but not a major earnings driver for XOM. DNO ASA secures offtake agreements with Exxon Mobil and Shell
- Neutral Sentiment: Valuation/momentum watch — commentary notes that recent momentum has cooled after strong one-year gains; valuation debate may keep trading range-bound absent a change in oil or macro signals. Exxon Mobil: Assessing Valuation as Recent Momentum Cools
- Negative Sentiment: Commodity headwinds — Zacks highlights WTI near ~$56 and notes pressure on upstream earnings; while Exxon’s low leverage and Permian/Guyana assets provide resilience, weaker oil prices remain a near-term earnings risk. The Zacks Analyst Blog: Exxon Mobil, Chevron and EOG Resources
- Negative Sentiment: Insider sale & market reaction — VP Darrin Talley sold 3,000 shares (avg $117.19); media coverage tied the sale to a short-term share drop, which can unsettle sentiment even if corporate fundamentals remain intact. Insider Selling: Exxon Mobil VP Sells 3,000 Shares
Insider Activity
In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction on Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by corporate insiders.
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.
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