Capital Research Global Investors Purchases 127,466 Shares of Exxon Mobil Corporation $XOM

Key Points

• Capital Research Global Investors increased its Exxon stake by 127,466 shares in Q3, raising its holding to 33,620,927 shares (about 0.80% of the company) valued at roughly $3.79 billion.
• Exxon beat quarterly estimates with EPS of $1.71 versus $1.63 and revenue of $80.04 billion, and it announced a $1.03 quarterly dividend (annualized $4.12) for a ~2.7% yield.
• Board backs redomicile to Texas, while Exxon is rerouting supply (e.g., U.S. Gulf gasoline to Australia) and weighing a return to Venezuela amid higher crude prices, actions that could boost near-term cash flow and margins.

Capital Research Global Investors increased its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 0.4% during the third quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 33,620,927 shares of the oil and gas company's stock after acquiring an additional 127,466 shares during the period. Capital Research Global Investors owned approximately 0.80% of Exxon Mobil worth $3,790,773,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors and hedge funds have also bought and sold shares of the company. Westfuller Advisors LLC purchased a new stake in shares of Exxon Mobil in the third quarter worth $30,000. Bare Financial Services Inc boosted its position in shares of Exxon Mobil by 121.8% during the 2nd quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company's stock valued at $39,000 after acquiring an additional 201 shares during the last quarter. Clayton Financial Group LLC purchased a new position in shares of Exxon Mobil during the third quarter worth about $40,000. TruNorth Capital Management LLC raised its stake in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock valued at $40,000 after purchasing an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC lifted its position in Exxon Mobil by 95.8% during the third quarter. Halbert Hargrove Global Advisors LLC now owns 370 shares of the oil and gas company's stock valued at $42,000 after purchasing an additional 181 shares during the last quarter. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In related news, VP Darrin L. Talley sold 5,000 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $139.75, for a total transaction of $698,750.00. Following the completion of the transaction, the vice president owned 23,584 shares in the company, valued at $3,295,864. This represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Insiders sold 16,380 shares of company stock worth $2,227,734 over the last 90 days. 0.03% of the stock is currently owned by insiders.

Exxon Mobil Stock Performance

NYSE:XOM opened at $150.43 on Tuesday. The company has a debt-to-equity ratio of 0.13, a quick ratio of 0.79 and a current ratio of 1.15. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $159.60. The business has a 50 day moving average price of $139.49 and a 200-day moving average price of $123.62. The firm has a market cap of $626.80 billion, a PE ratio of 22.49, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35.

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

Exxon Mobil Dividend Announcement

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

Key Headlines Impacting Exxon Mobil

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

• Positive Sentiment: Board backs redomicile to Texas to align legal domicile with HQ, citing shareholder benefits and a more business-friendly legal environment — move could lower litigation and regulatory friction and strengthen management’s operating flexibility. ExxonMobil Board Unanimously Recommends Redomiciling the Company from New Jersey to Texas
• Positive Sentiment: Exxon is re-routing supply (shipping U.S. Gulf gasoline to Australia) and weighing a return to Venezuela — signals of operational agility that can capture higher margins from tight global product markets. Exxon Mobil Shifts Supply Routes As Investors Weigh Valuation And Growth
• Positive Sentiment: Geopolitical supply shocks have driven crude sharply higher (Brent/WTI > $100+), improving near-term revenue and cash-flow prospects for integrated majors like Exxon. Higher oil supports upstream cash generation and chemical/refining margins. Oil Prices Jump on Geopolitical Tensions: 3 Energy Stocks to Watch
• Neutral Sentiment: Bank of America raised its price target to $151 while keeping a Neutral rating — a modest signal that valuation is being adjusted upward but not yet a strong buy endorsement. Exxon Mobil Corporation (XOM) Price Target Raised to $151
• Neutral Sentiment: UBS reiterated a Buy and $171 target, highlighting chemicals recovery and margin upside through 2030 — helpful for longer-term thesis but not necessarily a catalyst for immediate re-rating. Exxon Mobil: Buy Rating on Undervalued Recovery in Chemicals, Earnings and Margin Upside Through 2030
• Negative Sentiment: Despite much higher oil, major oil stocks have shown muted moves — suggesting the market may be pricing in risks (duration of disruptions, refining constraints, or policy/ESG pressures) that could limit near-term upside. Big Oil Stocks Have Barely Budged Since the War Began. What Gives?

Wall Street Analyst Weigh In

A number of research firms have recently issued reports on XOM. BNP Paribas Exane downgraded shares of Exxon Mobil from a "neutral" rating to an "underperform" rating and set a $125.00 price objective for the company. in a report on Tuesday, February 3rd. Mizuho set a $140.00 target price on Exxon Mobil in a research report on Wednesday, February 4th. Citigroup upped their target price on Exxon Mobil from $118.00 to $150.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. Loop Capital set a $123.00 price target on shares of Exxon Mobil in a research note on Tuesday, February 3rd. Finally, Bank of America upped their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research note on Monday, March 2nd. Nine research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $143.41.

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.

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