Wesbanco Bank Inc. Sells 27,709 Shares of Exxon Mobil Corporation $XOM

Wesbanco Bank Inc. cut its holdings in Exxon Mobil Corporation (NYSE:XOM) by 7.2% in the 3rd quarter, Holdings Channel reports. The institutional investor owned 359,824 shares of the oil and gas company’s stock after selling 27,709 shares during the period. Exxon Mobil accounts for 1.1% of Wesbanco Bank Inc.’s investment portfolio, making the stock its 14th largest holding. Wesbanco Bank Inc.’s holdings in Exxon Mobil were worth $40,570,000 at the end of the most recent quarter.

A number of other hedge funds have also bought and sold shares of XOM. Westfuller Advisors LLC purchased a new stake in Exxon Mobil during the 3rd quarter worth about $30,000. Bare Financial Services Inc grew its holdings in Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares in the last quarter. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil during the third quarter valued at about $40,000. TruNorth Capital Management LLC lifted its holdings in shares of Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after buying an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its holdings in shares of Exxon Mobil by 95.8% in the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company’s stock worth $42,000 after buying an additional 181 shares in the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on the stock. Citigroup upped their target price on shares of Exxon Mobil from $115.00 to $118.00 and gave the stock a “neutral” rating in a report on Wednesday, December 10th. Jefferies Financial Group boosted their price target on shares of Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a research report on Wednesday, December 10th. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research report on Friday, January 30th. Sanford C. Bernstein dropped their price objective on Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating for the company in a research note on Monday, January 5th. Finally, Piper Sandler reduced their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research report on Thursday, January 8th. Nine research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Hold” and an average price target of $140.59.

More Exxon Mobil News

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

• Positive Sentiment: UBS reiterated a Buy rating on ExxonMobil and cited benefits from the Golden Pass LNG position, reinforcing confidence in the company’s midstream/monetization optionality and cash generation. UBS reiterates Buy rating on ExxonMobil stock, cites Golden Pass benefits
• Positive Sentiment: Unusually high volume of call options was reported, indicating speculative or hedged bullish positioning that can amplify near-term upside pressure on the stock. Stock Traders Purchase High Volume of Call Options on Exxon Mobil (NYSE:XOM)
• Neutral Sentiment: Zacks published a comparison piece weighing Sasol (SSL) vs. Exxon (XOM) for value investors; this is market-context commentary rather than company-specific news, useful for relative-value screening. SSL or XOM: Which Is the Better Value Stock Right Now?
• Neutral Sentiment: MarketBeat’s sector piece notes energy leadership in 2026 and highlights efficiency and demand supporting majors; this underpins a favorable macro backdrop but is not a company-specific catalyst. Energy Is Leading in 2026—But Are the Oil Majors Cracking? (XOM)
• Neutral Sentiment: J.P. Morgan’s Arun Jayaram maintained a Buy on XOM with a $140 price target; the Buy endorsement supports sentiment, but the PT is below current levels, so its near-term directional signal is mixed. Exxon Mobil: Diversified Cash Generation and High-Margin Growth Underpin Premium Valuation and Buy Rating
• Negative Sentiment: Zacks warns that softer WTI/crude price trends could pressure Exxon’s upstream-driven earnings despite its cost advantages and balance-sheet strength — a direct earnings-risk item if oil stays weak. Soft Crude Oil Prices Likely Ahead: What it Means for ExxonMobil
• Negative Sentiment: An Exxon VP, Darrin L. Talley, disclosed a sale of 3,230 shares (about a 13.7% reduction in his holding); insider selling can be interpreted negatively by some investors even if it’s for personal/liquidity reasons. Insider Form 4 — Talley sale

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of Exxon Mobil stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $139.75, for a total transaction of $698,750.00. Following the transaction, the vice president directly owned 23,584 shares of the company’s stock, valued at approximately $3,295,864. This trade represents a 17.49% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Insiders have sold 14,230 shares of company stock worth $1,888,421 in the last quarter. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Up 1.5%

XOM opened at $151.22 on Tuesday. The business’s fifty day simple moving average is $126.47 and its 200 day simple moving average is $117.70. Exxon Mobil Corporation has a 52 week low of $97.80 and a 52 week high of $151.55. The company has a quick ratio of 0.79, a current ratio of 1.15 and a debt-to-equity ratio of 0.13. The stock has a market cap of $637.72 billion, a PE ratio of 22.60, a P/E/G ratio of 15.49 and a beta of 0.39.

Exxon Mobil (NYSE:XOM) last issued its quarterly earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.63 by $0.08. The firm had revenue of $82.31 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%.The company’s revenue was down 1.3% compared to the same quarter last year. During the same quarter in the previous year, the company posted $1.67 earnings per share. As a group, research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Tuesday, March 10th. Shareholders of record on Thursday, February 12th will be paid a $1.03 dividend. The ex-dividend date of this dividend is Thursday, February 12th. This represents a $4.12 annualized dividend and a yield of 2.7%. Exxon Mobil’s dividend payout ratio is currently 61.58%.

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.