Elevation Point Wealth Partners LLC Has $7.80 Million Position in Exxon Mobil Corporation $XOM

Key Points

• Elevation Point Wealth Partners LLC raised its stake in Exxon Mobil (XOM) by 30.4% in Q3 to 69,216 shares, valued at about $7.80 million.
• Exxon beat quarterly EPS estimates at $1.71 (vs. $1.63) on $80.04B revenue (down 1.3% Y/Y) and recently paid a quarterly dividend of $1.03 (annualized $4.12, ~2.6% yield).
• Analysts are mixed with a consensus rating of Hold and an average price target of $146 amid bullish oil-price momentum, while insiders have been net sellers — including VP Darrin Talley’s sale of 5,000 shares and ~16,380 insider shares (~$2.23M) sold over the past three months.

Elevation Point Wealth Partners LLC increased its stake in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 30.4% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 69,216 shares of the oil and gas company's stock after acquiring an additional 16,144 shares during the quarter. Elevation Point Wealth Partners LLC's holdings in Exxon Mobil were worth $7,804,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the stock. Westfuller Advisors LLC acquired a new stake in shares of Exxon Mobil in the 3rd quarter valued at about $30,000. Bare Financial Services Inc raised its stake in 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 worth $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC bought a new position in Exxon Mobil in the third quarter worth approximately $40,000. TruNorth Capital Management LLC boosted its holdings 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 worth $40,000 after acquiring an additional 335 shares in the last quarter. Finally, Halbert Hargrove Global Advisors LLC grew its stake in Exxon Mobil by 95.8% in 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 acquiring an additional 181 shares during the period. 61.80% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the stock in a transaction dated Monday, February 2nd. The shares were 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 trade represents a 17.49% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Insiders sold 16,380 shares of company stock worth $2,227,734 over the last three months. 0.03% of the stock is currently owned by corporate insiders.

Exxon Mobil Stock Performance

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

Exxon Mobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data 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. The business had revenue of $80.04 billion for the quarter, compared to analysts' expectations of $77.98 billion. Exxon Mobil had a return on equity of 11.21% and a net margin of 8.68%.The business's revenue was down 1.3% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.67 earnings per share. As a group, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

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

Analyst Ratings Changes

Several research analysts have weighed in on the stock. TD Cowen upped their price objective on shares of Exxon Mobil from $135.00 to $145.00 and gave the stock a "buy" rating in a report on Tuesday, February 3rd. Sanford C. Bernstein lowered their target price on shares of Exxon Mobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a report on Monday, January 5th. Mizuho set a $140.00 price target on shares of Exxon Mobil in a research report on Wednesday, February 4th. Bank of America lifted their target price on Exxon Mobil from $135.00 to $151.00 and gave the company a "neutral" rating in a research report on Monday, March 2nd. Finally, Zacks Research upgraded Exxon Mobil from a "strong sell" rating to a "hold" rating in a research note on Friday, January 30th. Nine investment analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average price target of $146.00.

Key Headlines Impacting 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.

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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