Philip James Wealth Mangement LLC Sells 4,844 Shares of Exxon Mobil Corporation $XOM

Philip James Wealth Mangement LLC lessened its holdings in Exxon Mobil Corporation (NYSE:XOM) by 1.0% during the 3rd quarter, Holdings Channel.com reports. The institutional investor owned 464,877 shares of the oil and gas company’s stock after selling 4,844 shares during the period. Exxon Mobil accounts for about 6.1% of Philip James Wealth Mangement LLC’s portfolio, making the stock its 2nd biggest position. Philip James Wealth Mangement LLC’s holdings in Exxon Mobil were worth $52,415,000 as of its most recent SEC filing.

Several other large investors have also made changes to their positions in XOM. Norges Bank acquired a new stake in Exxon Mobil during the 2nd quarter worth about $6,163,719,000. Kingstone Capital Partners Texas LLC purchased a new stake in shares of Exxon Mobil in the second quarter worth about $607,621,000. First Trust Advisors LP grew its holdings in Exxon Mobil by 150.2% during the second quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company’s stock worth $819,560,000 after acquiring an additional 4,563,707 shares during the period. Cerity Partners LLC raised its position in Exxon Mobil by 200.7% during the second quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock valued at $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Finally, Laurel Wealth Advisors LLC boosted its position in Exxon Mobil by 10,809.8% in the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock worth $333,652,000 after purchasing an additional 3,066,736 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total transaction of $351,570.00. Following 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 sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. 0.03% of the stock is owned by company insiders.

Exxon Mobil Stock Down 0.5%

Shares of NYSE XOM opened at $124.04 on Tuesday. The stock has a market cap of $523.11 billion, a PE ratio of 18.03, a P/E/G ratio of 7.77 and a beta of 0.37. 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 12-month low of $97.80 and a 12-month high of $125.93. The company has a 50-day moving average of $118.25 and a 200 day moving average of $114.05.

Exxon Mobil (NYSE:XOM) last posted its quarterly earnings results on Friday, June 17th. The oil and gas company reported $0.65 earnings per share (EPS) for the quarter. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The business had revenue of $57.55 billion during the quarter. As a group, sell-side analysts predict that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Investors of record on Friday, November 14th were issued a $1.03 dividend. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. This represents a $4.12 dividend on an annualized basis and a dividend yield of 3.3%. The ex-dividend date of this dividend was Friday, November 14th. Exxon Mobil’s payout ratio is currently 59.88%.

Wall Street Analyst Weigh In

XOM has been the topic of a number of recent analyst reports. Weiss Ratings reissued a “hold (c)” rating on shares of Exxon Mobil in a report on Monday, December 29th. TD Cowen increased their target price on shares of Exxon Mobil from $128.00 to $135.00 and gave the stock a “buy” rating in a research note on Friday, December 12th. Bank of America cut their price target on Exxon Mobil from $119.00 to $118.00 and set a “neutral” rating for the company in a research note on Thursday, December 11th. Jefferies Financial Group raised their price objective on Exxon Mobil from $146.00 to $148.00 and gave the company a “buy” rating in a report on Wednesday, December 10th. Finally, Sanford C. Bernstein dropped their price target on shares of Exxon Mobil from $142.00 to $137.00 and set an “outperform” rating on the stock in a research note on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus target price of $130.25.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Analysts raised near-term earnings expectations for Exxon, which supports the company’s fundamentals and dividend outlook. Zacks Research Raises Earnings Estimates for Exxon Mobil
• Positive Sentiment: A Seeking Alpha write-up says Exxon’s 2030 plan looks more robust than initially forecast, suggesting longer-term strategic resilience beyond the Venezuela debate. Exxon Mobil: 2030 Plan More Robust Than Initial Forecast
• Neutral Sentiment: Market roundups are flagging XOM as a stock to watch amid the political headlines and recent volatility — useful for traders but not new company-specific news. 4 stocks to watch on Monday: BIRK, UNH, XOM, O
• Negative Sentiment: President Trump said he may exclude Exxon from Venezuela opportunities after CEO Darren Woods called the country “uninvestable,” creating near-term political risk and the prospect of lost future projects. Trump says he might keep Exxon out of Venezuela (Reuters)
• Negative Sentiment: Multiple outlets report Trump’s displeasure with Exxon’s response at a White House meeting, and that he’s “inclined” to sideline Exxon — headlines that hit pre-market trading and spurred short-term selling pressure. Trump threatens to sideline Exxon from Venezuela’s oil (CNBC)
• Negative Sentiment: Coverage notes that the comment and possible exclusion could shift Venezuela business toward competitors (e.g., Chevron), raising concerns about lost upside from any Venezuelan production recovery. Trump could hand Chevron another South American win over Exxon Mobil with Venezuela
• Negative Sentiment: Market reaction: outlets reported premarket and early-session XOM weakness (shares fell in premarket on the news), reflecting investor concern about political access to Venezuelan projects. Exxon Shares Drop After Trump Says He May Keep Them Out Of Venezuela (Forbes)
• Negative Sentiment: Analysts and market commentary question whether Exxon’s stance dampens prospects for a Venezuelan oil boom, potentially reducing a large upside scenario for global oil majors. Did Exxon Mobil Just Dash Hope For A New Oil Boom?

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.