Crossmark Global Holdings Inc. Boosts Stock Holdings in Exxon Mobil Corporation $XOM

Crossmark Global Holdings Inc. increased its position in shares of Exxon Mobil Corporation (NYSE:XOM) by 4.8% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 341,362 shares of the oil and gas company’s stock after purchasing an additional 15,565 shares during the quarter. Exxon Mobil makes up about 0.6% of Crossmark Global Holdings Inc.’s holdings, making the stock its 24th biggest position. Crossmark Global Holdings Inc.’s holdings in Exxon Mobil were worth $38,489,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the company. Maryland State Retirement & Pension System increased its holdings in Exxon Mobil by 2.6% in the 3rd quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company’s stock worth $24,342,000 after acquiring an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC boosted its position in Exxon Mobil by 3.3% during the third quarter. U.S. Capital Wealth Advisors LLC now owns 306,658 shares of the oil and gas company’s stock worth $34,576,000 after purchasing an additional 9,831 shares during the period. Capital Counsel LLC NY boosted its position in Exxon Mobil by 0.9% during the second quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company’s stock worth $5,356,000 after purchasing an additional 460 shares during the period. HORAN Wealth LLC increased its stake in shares of Exxon Mobil by 78.3% in the third quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company’s stock worth $1,486,000 after purchasing an additional 5,788 shares in the last quarter. Finally, Krilogy Financial LLC raised its position in shares of Exxon Mobil by 46.6% in the third quarter. Krilogy Financial LLC now owns 35,160 shares of the oil and gas company’s stock valued at $3,997,000 after purchasing an additional 11,177 shares during the period. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research analysts recently commented on XOM shares. Bank of America raised their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a “neutral” rating in a report on Monday. Mizuho set a $140.00 price target on Exxon Mobil in a research report on Wednesday, February 4th. Zacks Research upgraded Exxon Mobil from a “strong sell” rating to a “hold” rating in a research note on Friday, January 30th. Piper Sandler cut their target price on Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating for the company in a research note on Thursday, January 8th. Finally, Scotiabank reiterated an “outperform” rating on shares of Exxon Mobil in a research report on Friday, January 16th. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $143.41.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Higher crude prices from Strait of Hormuz tanker disruptions lift near‑term revenue and cash‑flow prospects for integrated producers like Exxon, supporting margins and dividend/cash‑return potential. Read More.
• Positive Sentiment: Bernstein reaffirmed a buy stance on XOM, a vote of confidence from a well‑known research house that can support investor sentiment and buying interest. Read More.
• Positive Sentiment: Several analyst notes and upgrades (and recent price‑target revisions) have pushed XOM to fresh 12‑month highs recently, reinforcing bullish conviction among some institutional investors. Read More.
• Positive Sentiment: Exxon plans to send a technical team to Venezuela, which could open opportunities to restore or expand production if logistics and political/security issues are resolved. Read More.
• Neutral Sentiment: Exxon will ship about 600,000 barrels of fuel from the U.S. Gulf Coast to cover Australian import needs — a first for the company that signals logistical flexibility but has limited immediate earnings impact. Read More.
• Neutral Sentiment: Company presentation at the Morgan Stanley Energy & Power Conference provided strategic color but no major new guidance — useful for modeling but not market moving by itself. Read More.
• Negative Sentiment: Analysts warn Exxon’s production and logistics could be exposed by the U.S.–Israel–Iran conflict and Strait of Hormuz disruptions, adding supply uncertainty, potential higher transport/insurance costs and operational risk. Read More.
• Negative Sentiment: An Exxon VP sold 2,150 shares (filed with the SEC) — a routine insider sale but one that can be read negatively by short‑term traders amid recent volatility. Read More.

Exxon Mobil Price Performance

Shares of NYSE:XOM opened at $149.86 on Thursday. The company’s fifty day moving average price is $137.61 and its 200-day moving average price is $122.61. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The firm has a market capitalization of $624.43 billion, a price-to-earnings ratio of 22.40, a PEG ratio of 1.24 and a beta of 0.35. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $159.60.

Exxon Mobil (NYSE:XOM) last released its earnings results on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, beating analysts’ consensus estimates of $1.63 by $0.08. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to analysts’ expectations of $77.98 billion. During the same quarter in the prior year, the firm earned $1.67 earnings per share. The firm’s revenue was down 1.3% on a year-over-year basis. On average, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Tuesday, March 10th. Investors of record on Thursday, February 12th will be issued a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.7%. The ex-dividend date of this dividend is Thursday, February 12th. Exxon Mobil’s dividend payout ratio (DPR) is currently 61.58%.

Insiders Place Their Bets

In other news, VP Darrin L. Talley sold 2,150 shares of the business’s stock in a transaction that occurred on Monday, March 2nd. The shares were sold at an average price of $157.82, for a total value of $339,313.00. Following the completion of the sale, the vice president directly owned 18,204 shares in the company, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. In the last ninety days, insiders sold 16,380 shares of company stock valued at $2,227,734. Insiders own 0.03% of the company’s stock.

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.