Factory Mutual Insurance Co. Sells 17,650 Shares of Exxon Mobil Corporation $XOM

Key Points

• Factory Mutual Insurance Co. sold 17,650 shares of Exxon Mobil, trimming its stake by 2.6% to 663,004 shares valued at about $79.79 million, with Exxon making up roughly 0.8% of the fund's portfolio (its 27th largest holding).
• Analyst sentiment is mixed but modestly positive—several firms raised price targets (including to $180 and $184), the consensus rating is “Moderate Buy” with a consensus price target of $159.20, though the stock has seen recent volatility and some downward revisions.
• Insiders have been selling (a VP sold 5,000 shares, a 17.49% reduction in his holding) while Exxon pays a quarterly dividend of $1.03 (annualized $4.12, ~2.7% yield) and insiders collectively own about 0.03% of the stock.

Factory Mutual Insurance Co. cut its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 2.6% in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 663,004 shares of the oil and gas company's stock after selling 17,650 shares during the period. Exxon Mobil makes up about 0.8% of Factory Mutual Insurance Co.'s portfolio, making the stock its 27th biggest holding. Factory Mutual Insurance Co.'s holdings in Exxon Mobil were worth $79,786,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Eagle Capital Management LLC lifted its stake in shares of Exxon Mobil by 15.3% in the 1st quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company's stock valued at $337,000 after purchasing an additional 376 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Exxon Mobil in the 1st quarter valued at approximately $305,000. Sivia Capital Partners LLC lifted its stake in shares of Exxon Mobil by 1.9% in the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company's stock valued at $1,211,000 after purchasing an additional 207 shares during the last quarter. United Bank lifted its stake in shares of Exxon Mobil by 2.8% in the 2nd quarter. United Bank now owns 21,821 shares of the oil and gas company's stock valued at $2,352,000 after purchasing an additional 600 shares during the last quarter. Finally, Schnieders Capital Management LLC. lifted its stake in shares of Exxon Mobil by 17.4% in the 2nd quarter. Schnieders Capital Management LLC. now owns 36,710 shares of the oil and gas company's stock valued at $3,957,000 after purchasing an additional 5,443 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Geopolitical risk (failed U.S.–Iran nuclear talks) is cited as a driver for higher oil and pushed XOM shares up on Monday as traders priced in tighter supply. Why Exxon Mobil Shares Are Trading Higher On Monday?
• Positive Sentiment: News of an imposed blockade of the Strait of Hormuz has driven a sharp oil rally, a direct tailwind for oil majors’ upstream earnings and near-term cash flow. Oil Surges 7% on Hormuz Blockade, U.S. Gulf Tanker Rush — 3 Stocks to Buy Now
• Positive Sentiment: Several analysts raised price targets this weekend (including banks boosting targets to $180 and $184), signaling continued bullish long-term analyst conviction despite short-term volatility. Exxon Mobil NYSE: XOM Price Target Raised to $180.00
• Positive Sentiment: Another analyst note raising a higher price target reinforces the view that some sell-side firms see more upside from current levels. Exxon Mobil NYSE: XOM Price Target Raised to $184.00
• Neutral Sentiment: Zacks highlights Exxon as a long-term value pick using style scores — supportive for buy-and-hold investors but not an immediate catalyst. Why Exxon Mobil (XOM) is a Top Value Stock for the Long-Term
• Neutral Sentiment: Zacks also notes strong Q1 upstream results helped by higher oil prices but flags that shares trade at a premium, creating a buy-now vs. wait valuation question for investors. Strong Oil Prices May Have Aided XOM's Q1: Buy the Stock Now or Wait?
• Neutral Sentiment: Exxon’s aggressive expansion in Guyana keeps growth prospects front-and-center but raises governance, environmental and geopolitical risk questions that investors should monitor. Exxon Guyana Expansion Puts Stabroek Growth And Risks In Focus
• Negative Sentiment: TD Cowen cut its price target to $172, introducing short-term headwinds and signaling some analyst caution on upside at current valuations. TD Cowen Cuts Exxon Mobil NYSE: XOM Price Target to $172.00
• Negative Sentiment: Coverage notes XOM stock has slid ~10% in April amid volatility—this recent weakness can pressure sentiment even as some analysts remain bullish on longer-term targets. Exxon Mobil (XOM) Stock Slides 10% in April — Analysts Still Bullish with $185 Price Targets
• Negative Sentiment: A recent analyst downgrade drove an intraday decline (~1.7%), underscoring how differing analyst views are contributing to intra-day volatility. Exxon Mobil NYSE: XOM Stock Price Down 1.7% After Analyst Downgrade

Wall Street Analyst Weigh In

XOM has been the subject of several analyst reports. HSBC raised their price objective on Exxon Mobil from $135.00 to $158.00 and gave the company a "hold" rating in a research note on Friday, March 20th. Scotiabank raised Exxon Mobil to a "strong-buy" rating in a research note on Friday, March 27th. Sanford C. Bernstein lowered their price objective on Exxon Mobil from $142.00 to $137.00 and set an "outperform" rating for the company in a research note on Monday, January 5th. Wells Fargo & Company raised their price objective on Exxon Mobil from $183.00 to $185.00 and gave the company an "overweight" rating in a research note on Thursday, April 9th. Finally, Mizuho raised their price objective on Exxon Mobil from $140.00 to $162.00 and gave the company a "neutral" rating in a research note on Tuesday, March 17th. One equities research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and a consensus price target of $159.20.

Insider Buying and Selling

In other Exxon Mobil news, VP Darrin L. Talley sold 5,000 shares of the firm's stock in a transaction 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 transaction, the vice president directly owned 23,584 shares in the company, valued at $3,295,864. This trade represents a 17.49% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. In the last quarter, insiders sold 11,460 shares of company stock worth $1,687,854. Company insiders own 0.03% of the company's stock.

Exxon Mobil Trading Down 0.0%

Shares of NYSE XOM opened at $152.48 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. The business's 50 day moving average price is $154.79 and its 200-day moving average price is $131.88. Exxon Mobil Corporation has a fifty-two week low of $101.18 and a fifty-two week high of $176.41. The company has a market cap of $633.79 billion, a price-to-earnings ratio of 22.79, a PEG ratio of 0.96 and a beta of 0.29.

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

Exxon Mobil Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were issued a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.7%. The ex-dividend date was Thursday, February 12th. Exxon Mobil's dividend payout ratio is presently 61.58%.

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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