BNP Paribas Cuts Stock Holdings in Exxon Mobil Corporation $XOM

Key Points

• BNP Paribas reduced its stake in Exxon by 21.3% in Q3, selling 29,698 shares and now holds 109,830 shares valued at $12.425 million per its latest 13F filing.
• Exxon beat expectations in its most recent quarter with $1.71 EPS (vs. $1.63 est.) and $80.04 billion revenue, and it pays a quarterly dividend of $1.03 (annualized $4.12) for roughly a 2.6% yield.
• Company insiders have been net sellers—VP Darrin Talley sold 2,150 shares on March 2 and insiders sold 16,380 shares in the last three months—while institutional investors own about 61.8% of the stock.

BNP Paribas lowered its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 21.3% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 109,830 shares of the oil and gas company's stock after selling 29,698 shares during the quarter. BNP Paribas' holdings in Exxon Mobil were worth $12,425,000 as of its most recent SEC filing.

A number of other institutional investors have also recently made changes to their positions in XOM. Maryland State Retirement & Pension System boosted its stake in Exxon Mobil by 2.6% during the third quarter. Maryland State Retirement & Pension System now owns 215,892 shares of the oil and gas company's stock worth $24,342,000 after buying an additional 5,573 shares during the last quarter. U.S. Capital Wealth Advisors LLC increased its stake in shares of Exxon Mobil by 3.3% in the 3rd 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 acquiring an additional 9,831 shares during the last quarter. Capital Counsel LLC NY increased its stake in shares of Exxon Mobil by 0.9% in the 2nd quarter. Capital Counsel LLC NY now owns 49,687 shares of the oil and gas company's stock worth $5,356,000 after acquiring an additional 460 shares during the last quarter. HORAN Wealth LLC raised its holdings in shares of Exxon Mobil by 78.3% during the 3rd quarter. HORAN Wealth LLC now owns 13,180 shares of the oil and gas company's stock worth $1,486,000 after acquiring an additional 5,788 shares during the period. Finally, New Age Alpha Advisors LLC raised its holdings in shares of Exxon Mobil by 5.6% during the 3rd quarter. New Age Alpha Advisors LLC now owns 166,547 shares of the oil and gas company's stock worth $18,778,000 after acquiring an additional 8,853 shares during the period. 61.80% of the stock is owned by institutional investors and hedge funds.

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,150 shares of Exxon Mobil 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 owned 18,204 shares in the company, valued at approximately $2,872,955.28. This trade represents a 10.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. In the last three months, insiders have sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is currently owned by company insiders.

Exxon Mobil Stock Up 1.8%

Shares of XOM opened at $156.29 on Friday. The company's 50-day moving average price is $141.99 and its 200 day moving average price is $124.68. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $159.60. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. The firm has a market cap of $651.20 billion, a P/E ratio of 23.36, a price-to-earnings-growth ratio of 1.28 and a beta of 0.35.

Exxon Mobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, January 30th. The oil and gas company reported $1.71 earnings per share for the quarter, topping the consensus estimate of $1.63 by $0.08. Exxon Mobil had a net margin of 8.68% and a return on equity of 11.21%. The company had revenue of $80.04 billion during the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the firm posted $1.67 earnings per share. Exxon Mobil's revenue was down 1.3% compared to the same quarter last year. On average, sell-side analysts forecast that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, March 10th. Investors of record on Thursday, February 12th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Thursday, February 12th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.6%. Exxon Mobil's dividend payout ratio (DPR) is presently 61.58%.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Geopolitical shock: oil prices have jumped on the Iran conflict, lifting market expectations for higher revenue and margins at integrated oil majors like Exxon. Oil Price Back to the Glory Days: Will XOM, EOG & COP Gain?
• Positive Sentiment: Energy-sector rally: coverage notes Exxon and peers rising this week as investors price in a protracted supply disruption, which benefits upstream and refining margins. Why Exxon and Energy Stocks Finally Started to Rise This Week as the Iran War Escalated
• Positive Sentiment: Analyst upgrade/target lift: Piper Sandler raised XOM’s price target to $186 and moved to overweight — a notable bullish signal from a major shop that can attract fund buying. Piper Sandler raises XOM price target
• Positive Sentiment: Macro support: the EIA and other outlets project higher 2026 oil averages and WTI/Brent levels above recent ranges, underpinning earnings upside from Exxon’s Permian and Guyana production. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Company fundamentals/strategy: Exxon reiterated multi-year growth targets (13% EPS CAGR to 2030 at investor events) and is expanding carbon capture capacity (new Louisiana project, ~3.2 MTA across sites), which supports both near-term cash flow and longer-term positioning. Here's How XOM is Actively Involved in Improving Air Quality Via CCS
• Neutral Sentiment: S&P attention/outlook shift: coverage highlights Exxon drawing attention in index/rebalancing conversations after an outlook shift — can boost flows but impact is timing-dependent. Exxon Mobil Draws S&P 500 Attention After Outlook Shift
• Negative Sentiment: Policy offset risk: President Trump signaled tapping the Strategic Petroleum Reserve to lower fuel costs — a move that could blunt crude’s rally and reduce upside for Exxon if implemented at scale. Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs
• Negative Sentiment: Market volatility/consumer pushback: broader equity market drops and commentary that high oil prices won’t immediately trigger more drilling inject uncertainty into capital allocation and cyclical demand trends. Markets are reeling from high oil prices. But that doesn't mean more drilling.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on the stock. Mizuho set a $140.00 price objective on shares of Exxon Mobil in a report on Wednesday, February 4th. BMO Capital Markets reaffirmed a "market perform" rating and set a $155.00 target price on shares of Exxon Mobil in a research note on Wednesday, February 4th. Weiss Ratings reissued a "hold (c)" rating on shares of Exxon Mobil in a research note on Monday, December 29th. Bank of America raised their price target on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a report on Monday, March 2nd. Finally, Wells Fargo & Company reduced their price target on shares of Exxon Mobil from $158.00 to $156.00 and set an "overweight" rating on the stock in a research report on Monday, February 2nd. Nine research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and an average target price of $146.00.

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.

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