Wellington Management Group LLP Sells 1,226,966 Shares of Exxon Mobil Corporation $XOM

Wellington Management Group LLP reduced its stake in Exxon Mobil Corporation (NYSE:XOM) by 4.9% during the third quarter, HoldingsChannel.com reports. The firm owned 23,722,687 shares of the oil and gas company’s stock after selling 1,226,966 shares during the quarter. Wellington Management Group LLP’s holdings in Exxon Mobil were worth $2,674,733,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Eagle Capital Management LLC increased its stake in Exxon Mobil by 15.3% during the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock valued at $337,000 after purchasing an additional 376 shares in the last quarter. Caxton Associates LLP bought a new position in shares of Exxon Mobil in the first quarter worth approximately $305,000. Sivia Capital Partners LLC grew its holdings in shares of Exxon Mobil by 1.9% during the second quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock valued at $1,211,000 after buying an additional 207 shares during the last quarter. Castellan Group grew its holdings in shares of Exxon Mobil by 2.9% during the second quarter. Castellan Group now owns 26,470 shares of the oil and gas company’s stock valued at $2,853,000 after buying an additional 740 shares during the last quarter. Finally, United Bank increased its position in shares of Exxon Mobil by 2.8% during the second quarter. United Bank now owns 21,821 shares of the oil and gas company’s stock valued at $2,352,000 after acquiring an additional 600 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Exxon Mobil News Summary

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

• Positive Sentiment: Geopolitical shock: oil prices have jumped on the Iran conflict, lifting market expectations for higher revenue and margins at integrated oil majors like Exxon. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Energy-sector rally: coverage notes Exxon and peers rising this week as investors price in a protracted supply disruption, which benefits upstream and refining margins. Why Exxon and Energy Stocks Finally Started to Rise This Week as the Iran War Escalated
• Positive Sentiment: Analyst upgrade/target lift: Piper Sandler raised XOM’s price target to $186 and moved to overweight — a notable bullish signal from a major shop that can attract fund buying. Piper Sandler raises XOM price target
• Positive Sentiment: Macro support: the EIA and other outlets project higher 2026 oil averages and WTI/Brent levels above recent ranges, underpinning earnings upside from Exxon’s Permian and Guyana production. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Company fundamentals/strategy: Exxon reiterated multi-year growth targets (13% EPS CAGR to 2030 at investor events) and is expanding carbon capture capacity (new Louisiana project, ~3.2 MTA across sites), which supports both near-term cash flow and longer-term positioning. Here’s How XOM is Actively Involved in Improving Air Quality Via CCS
• Neutral Sentiment: S&P attention/outlook shift: coverage highlights Exxon drawing attention in index/rebalancing conversations after an outlook shift — can boost flows but impact is timing-dependent. Exxon Mobil Draws S&P 500 Attention After Outlook Shift
• Negative Sentiment: Policy offset risk: President Trump signaled tapping the Strategic Petroleum Reserve to lower fuel costs — a move that could blunt crude’s rally and reduce upside for Exxon if implemented at scale. Iran war: Trump says he’ll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Market volatility/consumer pushback: broader equity market drops and commentary that high oil prices won’t immediately trigger more drilling inject uncertainty into capital allocation and cyclical demand trends. Markets are reeling from high oil prices. But that doesn’t mean more drilling.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $139.75, for a total value of $698,750.00. Following the transaction, the vice president owned 23,584 shares of the company’s stock, 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 Securities & Exchange Commission, which can be accessed through the SEC website. Insiders sold a total of 16,380 shares of company stock valued at $2,227,734 over the last 90 days. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Trading Up 1.8%

Shares of XOM stock opened at $156.29 on Friday. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $159.60. The stock has a market capitalization of $651.20 billion, a P/E ratio of 23.36, a P/E/G ratio of 1.26 and a beta of 0.35. The firm’s 50 day moving average is $141.99 and its 200 day moving average is $124.59.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, beating 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 net margin of 8.68% and a return on equity of 11.21%. The company’s quarterly revenue was down 1.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.67 EPS. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given 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 was Thursday, February 12th. Exxon Mobil’s dividend payout ratio is 61.58%.

Analyst Upgrades and Downgrades

A number of equities analysts recently weighed in on the stock. BNP Paribas Exane lowered shares of Exxon Mobil from a “neutral” rating to an “underperform” rating and set a $125.00 price objective for the company. in a report on Tuesday, February 3rd. TD Cowen lifted their target price on Exxon Mobil from $135.00 to $145.00 and gave the stock a “buy” rating in a report on Tuesday, February 3rd. Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research note on Friday, January 16th. Sanford C. Bernstein lowered their price target on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a report on Monday, January 5th. Finally, Zacks Research raised Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Nine investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $146.00.

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.