Tradewinds LLC. Buys 10,570 Shares of Exxon Mobil Corporation $XOM

Tradewinds LLC. increased its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 221.1% during the third quarter, HoldingsChannel reports. The fund owned 15,351 shares of the oil and gas company’s stock after buying an additional 10,570 shares during the period. Tradewinds LLC.’s holdings in Exxon Mobil were worth $1,731,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in XOM. Norges Bank acquired a new position in shares of Exxon Mobil during the second quarter worth about $6,163,719,000. First Trust Advisors LP boosted its position in Exxon Mobil by 150.2% during the 2nd 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 last quarter. Cerity Partners LLC grew its stake in shares of Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company’s stock worth $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC raised its holdings in shares of Exxon Mobil by 10,809.8% in the second quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company’s stock valued at $333,652,000 after purchasing an additional 3,066,736 shares during the last quarter. Finally, Mizuho Markets Cayman LP acquired a new stake in shares of Exxon Mobil in the second quarter valued at approximately $144,147,000. 61.80% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of the business’s stock in a transaction that occurred on Wednesday, December 17th. The stock was 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 approximately $3,349,758.96. The trade was a 9.50% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Corporate insiders own 0.03% of the company’s stock.

Analysts Set New Price Targets

Several research analysts recently commented on the stock. Zacks Research cut shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a report on Thursday, January 1st. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Friday. TD Cowen raised their price objective on Exxon Mobil from $128.00 to $135.00 and gave the company a “buy” rating in a report on Friday, December 12th. UBS Group reaffirmed a “buy” rating on shares of Exxon Mobil in a research report on Friday, January 9th. Finally, BNP Paribas Exane upgraded Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a report on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock currently has an average rating of “Hold” and a consensus price target of $130.25.

More Exxon Mobil News

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

• Positive Sentiment: Exxon continues to prioritize shareholder returns through rising dividends and buybacks funded by strong cash flow, low debt and low-cost assets — a thesis that supports equity demand across oil-cycle volatility. How ExxonMobil Keeps Rewarding Shareholders Across Various Oil Cycles
• Positive Sentiment: Exxon hired Shearwater Geoservices for a large 3D seismic survey offshore Trinidad & Tobago — a move that advances exploration optionality and potential future production growth. Exploration upside can re-rate energy names if successful. ExxonMobil Taps Shearwater Geoservices for a Large Seismic Survey
• Positive Sentiment: Management is expanding the Comarch loyalty platform across key European markets, which could boost downstream customer engagement and refine retail margins — investors may view this as steadying near-term cash flow and strengthening non-upstream revenues. How Investors May Respond To Exxon Mobil (XOM) Expanding Comarch Loyalty Platform Across Key European Markets
• Neutral Sentiment: Analysts are reassessing Exxon’s valuation after reported improved access to Venezuela and the European loyalty expansion; the net effect may be mixed — potential production upside from Venezuela vs. execution and geopolitical risks. Investors will watch guidance and reserve updates for clarity. Assessing Exxon Mobil (XOM) Valuation After Venezuela Access And European Loyalty Expansion
• Negative Sentiment: Scotiabank and Wolfe Research cut price targets on XOM, which can create short-term downward pressure on the stock and temper upside expectations among some institutional holders. Scotiabank and Wolfe Research cut Exxon Mobil (XOM) price targets

Exxon Mobil Stock Performance

Shares of XOM opened at $130.41 on Wednesday. The company has a market cap of $549.96 billion, a PE ratio of 18.95, a price-to-earnings-growth ratio of 8.05 and a beta of 0.37. The firm has a 50-day moving average of $119.81 and a 200-day moving average of $114.85. Exxon Mobil Corporation has a one year low of $97.80 and a one year high of $131.94. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.14 and a quick ratio of 0.79.

Exxon Mobil (NYSE:XOM) last issued its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.72 by $0.16. Exxon Mobil had a net margin of 8.99% and a return on equity of 11.22%. The company had revenue of $83.33 billion for the quarter, compared to analysts’ expectations of $83.09 billion. During the same period in the prior year, the firm earned $1.92 EPS. Exxon Mobil’s quarterly revenue was down 5.2% compared to the same quarter last year. As a group, equities analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were given a $1.03 dividend. The ex-dividend date of this dividend was Friday, November 14th. This is a positive change 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 3.2%. Exxon Mobil’s payout ratio is 59.88%.

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.