Huber Capital Management LLC Buys 13,669 Shares of Exxon Mobil Corporation $XOM

Key Points

• Huber Capital Management boosted its stake in Exxon by 51.2% in Q3, buying 13,669 shares to own 40,369 shares worth about $4.55 million.
• Exxon beat estimates with Q-quarter EPS of $1.71 vs. $1.63 expected and revenue of $80.04 billion, and it pays a quarterly dividend of $1.03 (annualized $4.12, ~2.7% yield).
• Market and analyst backdrop: higher oil prices from Middle East tensions and upbeat EIA forecasts are supporting Exxon’s outlook (Piper Sandler raised its target to $186), but the consensus remains a "Hold" with an average target near $146.

Huber Capital Management LLC boosted its position in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 51.2% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 40,369 shares of the oil and gas company's stock after purchasing an additional 13,669 shares during the period. Huber Capital Management LLC's holdings in Exxon Mobil were worth $4,552,000 at the end of the most recent reporting period.

A number of other institutional investors also recently modified their holdings of XOM. Westfuller Advisors LLC bought 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% in the second 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 period. Clayton Financial Group LLC bought a new position in shares of Exxon Mobil during the third quarter worth approximately $40,000. TruNorth Capital Management LLC lifted its position in shares of Exxon Mobil by 1,595.2% during the 3rd quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company's stock valued at $40,000 after acquiring an additional 335 shares during the period. Finally, Halbert Hargrove Global Advisors LLC raised 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 in the last quarter. 61.80% of the stock is currently owned by institutional investors.

Exxon Mobil Trading Up 0.9%

Exxon Mobil stock traded up $1.39 during midday trading on Friday, reaching $154.92. 1,399,541 shares of the stock traded hands, compared to its average volume of 20,963,051. The company has a 50-day simple moving average of $141.31 and a two-hundred day simple moving average of $124.28. The company has a current ratio of 1.15, a quick ratio of 0.79 and a debt-to-equity ratio of 0.13. Exxon Mobil Corporation has a 12-month low of $97.80 and a 12-month high of $159.60. The firm has a market cap of $645.50 billion, a PE ratio of 23.26, a price-to-earnings-growth ratio of 1.24 and a beta of 0.35.

Exxon Mobil (NYSE:XOM - Get Free Report) last issued 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 return on equity of 11.21% and a net margin of 8.68%.The business had revenue of $80.04 billion for the quarter, compared to analyst estimates of $77.98 billion. During the same quarter last year, the company earned $1.67 EPS. The business's quarterly revenue was down 1.3% on a year-over-year basis. Research analysts expect that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Wall Street Analysts Forecast Growth

Several brokerages recently commented on XOM. Scotiabank reissued an "outperform" rating on shares of Exxon Mobil in a research note on Friday, January 16th. Bank of America boosted their price objective on shares of Exxon Mobil from $135.00 to $151.00 and gave the stock a "neutral" rating in a research note on Monday, March 2nd. Zacks Research upgraded Exxon Mobil from a "strong sell" rating to a "hold" rating in a research report on Friday, January 30th. Wells Fargo & Company cut their price objective 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. Finally, TD Cowen raised their price target 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. Nine analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $146.00.

Key Stories Impacting Exxon Mobil

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

• Positive Sentiment: Brent and WTI have jumped (Brent above $100), driven by Middle East tensions; higher crude directly supports Exxon’s refining & upstream margins and revenue outlook. Oil holds above $100 as Trump says America ‘has ammunition and plenty of time' to fight Iran war
• Positive Sentiment: The EIA projects higher oil prices in 2026 and WTI topping $90, which supports Exxon’s Permian and Guyana production growth assumptions and long-term cash flow. EIA Projects Higher Oil Price in 2026: What Lies Ahead for ExxonMobil?
• Positive Sentiment: Piper Sandler raised its price target on XOM to $186 and moved to “overweight,” signaling institutional conviction in further upside tied to higher oil and Exxon’s growth plan. Piper Sandler raises XOM price target to $186 - Benzinga
• Positive Sentiment: Exxon reiterated an ambitious outlook (targeting ~13% EPS CAGR through 2030) and is positioning capital toward high-return Permian/Guyana barrels — supportive for long-term earnings growth. Exxon Mobil Corporation (XOM) Targets 13% Earnings Growth Through 2030
• Positive Sentiment: Global producers (e.g., Saudi Aramco) warn the Iran war could be “catastrophic” for supply — comments that push oil higher and benefit majors like Exxon. Saudi Aramco CEO Warns “Iran war will have ‘catastrophic consequences’ for global oil market”
• Positive Sentiment: Operationally, Exxon has prepared a Gulf Coast fuel shipment to Australia, showing demand-driven commercial activity and diversified marketing avenues. Exxon (XOM) To Take Its First Fuel Supply From the US Gulf Coast To Australia, According To Sources
• Neutral Sentiment: Analyses and stock screeners highlight Exxon’s dividend yield and large-market-cap stability; useful for income investors but less immediately price-moving than oil/analyst headlines. Exxon Mobil (XOM): Dividend Royalty With A $630B Market Cap | 2-Minute Analysis
• Neutral Sentiment: Coverage pieces ask if Exxon’s rally already reflects value; these frame investor caution but don’t change fundamentals immediately. Is Exxon Mobil (XOM) Still Attractive After Strong Five-Year Share Price Gains?
• Negative Sentiment: Political talk of tapping the U.S. Strategic Petroleum Reserve (SPR) to lower fuel costs could increase near-term supply and cap crude prices, a potential headwind for Exxon’s near-term margin tailwinds. Iran war: Trump says he'll tap Strategic Petroleum Reserve to cut energy costs

Insider Activity

In related news, VP Darrin L. Talley sold 2,150 shares of the business's stock in a transaction dated 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 transaction, the vice president owned 18,204 shares of the company's stock, valued at approximately $2,872,955.28. The trade was a 10.56% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Insiders have sold a total of 16,380 shares of company stock valued at $2,227,734 over the last quarter. 0.03% of the stock is owned by corporate insiders.

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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