Florida Trust Wealth Management Co Increases Stake in Exxon Mobil Corporation $XOM

Key Points

• Florida Trust Wealth Management Co boosted its stake in Exxon Mobil by 19.0% in Q4, buying 27,681 shares to hold 173,603 shares valued at about $20.89 million.
• Several large institutions (Franklin Resources, Mercer, AQR, Bessemer among others) also increased holdings, and roughly 61.8% of XOM is owned by hedge funds and other institutional investors.
• News flow and analyst views are mixed: positives include Exxon's helium supply, U.S. LNG positioning and recent earnings beats, but risks remain from a potential geopolitical/oil‑shock premium; consensus rating is Hold with a target of $152.39 and a dividend yield near 2.5%.

Florida Trust Wealth Management Co boosted its stake in Exxon Mobil Corporation (NYSE:XOM - Free Report) by 19.0% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 173,603 shares of the oil and gas company's stock after purchasing an additional 27,681 shares during the period. Florida Trust Wealth Management Co's holdings in Exxon Mobil were worth $20,891,000 at the end of the most recent reporting period.

A number of other large investors have also bought and sold shares of XOM. Franklin Resources Inc. increased its stake in Exxon Mobil by 7.4% in the 3rd quarter. Franklin Resources Inc. now owns 38,728,643 shares of the oil and gas company's stock worth $4,366,655,000 after purchasing an additional 2,660,910 shares during the period. Mercer Global Advisors Inc. ADV increased its stake in Exxon Mobil by 218.4% in the 3rd quarter. Mercer Global Advisors Inc. ADV now owns 1,380,899 shares of the oil and gas company's stock worth $155,696,000 after purchasing an additional 2,546,791 shares during the period. AQR Capital Management LLC increased its position in shares of Exxon Mobil by 105.4% in the third quarter. AQR Capital Management LLC now owns 2,925,026 shares of the oil and gas company's stock valued at $329,797,000 after acquiring an additional 1,501,235 shares during the period. Bessemer Group Inc. increased its position in shares of Exxon Mobil by 119.4% in the third quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company's stock valued at $301,310,000 after acquiring an additional 1,454,308 shares during the period. Finally, National Bank of Canada FI increased its position in shares of Exxon Mobil by 62.7% in the second quarter. National Bank of Canada FI now owns 3,103,819 shares of the oil and gas company's stock valued at $334,593,000 after acquiring an additional 1,196,167 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil News Summary

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

• Positive Sentiment: Exxon’s helium advantage (LaBarge supplies ~20% of global helium) and recent analyst support bolster upside — UBS reiterated a Buy and raised its target, highlighting near‑term pricing tailwinds. What Exxon Mobil (XOM)'s Helium Edge and New Debt Deal Mean For Shareholders
• Positive Sentiment: RBC says oil majors with large U.S. footprints can capitalize on widening regional LNG spreads after Qatar’s outage — Exxon’s U.S. positions and Golden Pass tie‑ups position it to benefit. RBC expects these oil majors to gain from LNG price dislocations
• Positive Sentiment: Sector/ETF dynamics (XLE) are supporting Exxon: analysts are raising targets, institutions accumulating, and consensus 2026 energy earnings are being revised higher — a structural tailwind for XOM. XLE ETF Hits Peak: What Comes Next May Surprise You
• Neutral Sentiment: Exxon’s recent results and fundamentals remain supportive (beats on Q1 EPS/revenue and strong upstream volumes), reinforcing the company’s cash‑flow story even if oil volatility persists. Exxon Mobil (XOM) Surpasses Market Returns: Some Facts Worth Knowing
• Neutral Sentiment: Exxon completed a modest long‑dated floating‑rate note offering; not dilutive equity but worth noting for capital structure and cost of capital context. What Exxon Mobil (XOM)'s Helium Edge and New Debt Deal Mean For Shareholders
• Negative Sentiment: Multiple analysts and commentators warn the rally is partly an Iran/conflict premium; if geopolitical risk eases, oil and XOM could retrace materially. Exxon Mobil Stock Is Trading on an Iran War Thesis. How Should You Play XOM Here?
• Negative Sentiment: Analysts caution that part of XOM’s premium reflects an “oil‑shock” risk premium — a potentially high drawdown if oil prices weaken, so the stock carries geopolitical/commodity risk. Exxon Mobil: Buy, But Only If You Accept The Oil Shock Premium

Analyst Ratings Changes

XOM has been the topic of a number of analyst reports. BMO Capital Markets restated a "market perform" rating and issued a $155.00 price objective on shares of Exxon Mobil in a research report on Wednesday, February 4th. Zacks Research upgraded shares of Exxon Mobil from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. UBS Group restated a "buy" rating and issued a $171.00 price objective on shares of Exxon Mobil in a research report on Monday, February 2nd. Barclays boosted their price objective on shares of Exxon Mobil from $145.00 to $163.00 and gave the company an "overweight" rating in a research report on Monday, March 16th. Finally, Wells Fargo & Company reduced their target price on Exxon Mobil from $158.00 to $156.00 and set an "overweight" rating on the stock in a research note on Monday, February 2nd. One equities research analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating, nine have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, Exxon Mobil currently has a consensus rating of "Hold" and a consensus target price of $152.39.

Exxon Mobil Price Performance

Shares of NYSE XOM opened at $163.39 on Wednesday. Exxon Mobil Corporation has a 1 year low of $97.80 and a 1 year high of $176.41. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79. The company's 50-day moving average is $153.63 and its 200 day moving average is $130.76. The stock has a market capitalization of $680.82 billion, a P/E ratio of 24.42, a P/E/G ratio of 1.11 and a beta of 0.29.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings data on Friday, January 30th. The oil and gas company reported $1.71 EPS for the quarter, topping the consensus estimate of $1.63 by $0.08. The business had revenue of $80.04 billion during 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%. Exxon Mobil's quarterly revenue was down 1.3% compared to the same quarter last year. During the same period last year, the business posted $1.67 earnings per share. On average, sell-side analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current year.

Exxon Mobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Tuesday, March 10th. Stockholders of record on Thursday, February 12th were paid a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.5%. The ex-dividend date was Thursday, February 12th. Exxon Mobil's dividend payout ratio (DPR) is presently 61.58%.

Insider Buying and Selling at Exxon Mobil

In related news, VP Darrin L. Talley sold 1,080 shares of the company's stock in a transaction on Monday, March 16th. The stock was sold at an average price of $155.50, for a total value of $167,940.00. Following the sale, the vice president directly owned 17,124 shares of the company's stock, valued at $2,662,782. This represents a 5.93% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Insiders sold 11,460 shares of company stock worth $1,687,854 in the last 90 days. Insiders own 0.03% of the company's stock.

Exxon Mobil Company 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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