Rep. Dan Newhouse Purchases Shares of Exxon Mobil Corporation (NYSE:XOM)

Representative Dan Newhouse (R-Washington) recently bought shares of Exxon Mobil Corporation (NYSE:XOM). In a filing disclosed on September 17th, the Representative disclosed that they had bought between $1,001 and $15,000 in Exxon Mobil stock on August 18th. The trade occurred in the Representative’s “EDWARD JONES IRA” account.

Representative Dan Newhouse also recently made the following trade(s):

• Purchased $1,001 – $15,000 in shares of ONEOK (NYSE:OKE) on 8/18/2025.
• Sold $1,001 – $15,000 in shares of RTX (NYSE:RTX) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of General Mills (NYSE:GIS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Advanced Micro Devices (NASDAQ:AMD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Ross Stores (NASDAQ:ROST) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of United Parcel Service (NYSE:UPS) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Prologis (NYSE:PLD) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of Brown & Brown (NYSE:BRO) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of AMETEK (NYSE:AME) on 8/18/2025.
• Purchased $1,001 – $15,000 in shares of S&P Global (NYSE:SPGI) on 8/18/2025.

Exxon Mobil Stock Down 1.6%

Exxon Mobil stock traded down $1.80 during mid-day trading on Tuesday, hitting $112.42. The company’s stock had a trading volume of 3,368,159 shares, compared to its average volume of 16,589,074. The firm’s 50 day moving average is $110.96 and its 200 day moving average is $109.54. The company has a market cap of $479.26 billion, a PE ratio of 15.97, a price-to-earnings-growth ratio of 2.13 and a beta of 0.57. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.25 and a quick ratio of 0.88. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $126.34.

Exxon Mobil (NYSE:XOM) last announced its quarterly earnings data on Friday, August 1st. The oil and gas company reported $1.64 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.47 by $0.17. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%.The business had revenue of $81.51 billion during the quarter, compared to analyst estimates of $79.07 billion. During the same period last year, the company earned $2.14 earnings per share. Exxon Mobil’s quarterly revenue was down 12.4% compared to the same quarter last year. On average, analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 10th. Stockholders of record on Friday, August 15th were issued a $0.99 dividend. The ex-dividend date was Friday, August 15th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.5%. Exxon Mobil’s dividend payout ratio is presently 56.25%.

Hedge Funds Weigh In On Exxon Mobil

Institutional investors have recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Exxon Mobil in the second quarter worth approximately $6,163,719,000. Nuveen LLC bought a new position in Exxon Mobil during the 1st quarter worth approximately $2,730,414,000. GQG Partners LLC grew its stake in shares of Exxon Mobil by 15,135.7% in the first quarter. GQG Partners LLC now owns 10,071,077 shares of the oil and gas company’s stock worth $1,197,753,000 after purchasing an additional 10,004,975 shares during the last quarter. GAMMA Investing LLC boosted its holdings in Exxon Mobil by 14,242.7% in the first quarter. GAMMA Investing LLC now owns 9,457,554 shares of the oil and gas company’s stock valued at $1,124,787,000 after acquiring an additional 9,391,614 shares in the last quarter. Finally, Kingstone Capital Partners Texas LLC bought a new stake in shares of Exxon Mobil during the 2nd quarter valued at about $607,621,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

XOM has been the topic of several recent analyst reports. Wall Street Zen upgraded shares of Exxon Mobil from a “sell” rating to a “hold” rating in a research note on Saturday, September 13th. Melius Research assumed coverage on shares of Exxon Mobil in a research report on Wednesday, August 20th. They set a “hold” rating and a $111.00 price target on the stock. Piper Sandler upped their price target on shares of Exxon Mobil from $134.00 to $145.00 and gave the stock an “overweight” rating in a research report on Monday, August 18th. Morgan Stanley upped their target price on shares of Exxon Mobil from $134.00 to $135.00 and gave the stock an “overweight” rating in a research report on Monday, August 4th. Finally, Scotiabank reaffirmed an “outperform” rating on shares of Exxon Mobil in a report on Friday, July 11th. One research analyst has rated the stock with a Strong Buy rating, eight have assigned a Buy rating, ten have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $125.00.

Insider Buying and Selling

In related news, VP Darrin L. Talley sold 2,158 shares of the company’s stock in a transaction dated Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the transaction, the vice president owned 13,829 shares in the company, valued at $1,527,413.05. The trade was a 13.50% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by insiders.

About Representative Newhouse

Dan Newhouse (Republican Party) is a member of the U.S. House, representing Washington’s 4th Congressional District. He assumed office on January 3, 2015. His current term ends on January 3, 2027.

Newhouse (Republican Party) ran for re-election to the U.S. House to represent Washington’s 4th Congressional District. He won in the general election on November 5, 2024.

Click here to see Newhouse’s key votes in Congress.

Newhouse served as a member of the Washington House of Representatives representing District 15-Position 2 from 2003 through 2009 and as Washington Director of Agriculture from 2009 to 2013.

Newhouse was first elected to the state House in 2002 and served until he was named state Director of Agriculture in 2009. He was first appointed by Governor Christine Gregoire on February 18, 2009.

About Exxon Mobil

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.