Pitcairn Co. Cuts Stock Position in Exxon Mobil Corporation $XOM

Key Points

• Pitcairn Co. reduced its Exxon stake by 31.8%, selling 15,296 shares and now holding 32,867 shares worth approximately $3.706 million.
• By contrast, several large institutions added big positions—Norges Bank opened a roughly $6.16 billion position and First Trust boosted holdings 150.2% to 7.6 million shares—leaving about 61.8% of XOM owned by institutions.
• Exxon slightly beat quarterly EPS at $1.71 on $80.04B revenue and announced a quarterly dividend of $1.03 (annualized $4.12, yield 2.7%); analysts' consensus is a "Hold" with a ~$143.41 target.

Pitcairn Co. decreased its holdings in shares of Exxon Mobil Corporation (NYSE:XOM - Free Report) by 31.8% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 32,867 shares of the oil and gas company's stock after selling 15,296 shares during the quarter. Pitcairn Co.'s holdings in Exxon Mobil were worth $3,706,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors have also recently added to or reduced their stakes in XOM. Norges Bank acquired a new position in shares of Exxon Mobil during the second quarter worth about $6,163,719,000. First Trust Advisors LP raised its holdings in shares of Exxon Mobil by 150.2% during the 2nd quarter. First Trust Advisors LP now owns 7,602,601 shares of the oil and gas company's stock valued at $819,560,000 after buying an additional 4,563,707 shares during the period. Cerity Partners LLC lifted its position in Exxon Mobil by 200.7% during the 2nd quarter. Cerity Partners LLC now owns 2,014,446 shares of the oil and gas company's stock worth $217,162,000 after acquiring an additional 4,015,099 shares in the last quarter. Laurel Wealth Advisors LLC lifted its position in Exxon Mobil by 10,809.8% during the 2nd quarter. Laurel Wealth Advisors LLC now owns 3,095,106 shares of the oil and gas company's stock worth $333,652,000 after acquiring an additional 3,066,736 shares in the last quarter. Finally, Bessemer Group Inc. boosted its holdings in Exxon Mobil by 119.4% in the 3rd quarter. Bessemer Group Inc. now owns 2,672,359 shares of the oil and gas company's stock worth $301,310,000 after acquiring an additional 1,454,308 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Exxon Mobil Price Performance

Shares of XOM stock opened at $150.98 on Friday. The firm has a fifty day moving average of $138.24 and a two-hundred day moving average of $122.80. The firm has a market cap of $629.10 billion, a P/E ratio of 22.57, a P/E/G ratio of 1.23 and a beta of 0.35. Exxon Mobil Corporation has a 1-year low of $97.80 and a 1-year high of $159.60. The company has a debt-to-equity ratio of 0.13, a current ratio of 1.15 and a quick ratio of 0.79.

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 EPS 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 net margin of 8.68% and a return on equity of 11.21%. The company's quarterly revenue was down 1.3% compared to the same quarter last year. During the same quarter last year, the company posted $1.67 earnings per share. As a group, research analysts anticipate that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

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

Insider Activity at Exxon Mobil

In other news, VP Darrin L. Talley sold 5,000 shares of the business'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 value of $698,750.00. Following the completion of the sale, the vice president directly owned 23,584 shares in the company, valued at approximately $3,295,864. The trade was a 17.49% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. In the last ninety days, insiders sold 16,380 shares of company stock valued at $2,227,734. 0.03% of the stock is currently owned by company insiders.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: Geopolitical disruption around the Strait of Hormuz has pushed oil prices higher, creating a near‑term revenue and cash‑flow tailwind for integrated producers like Exxon. Read More.
• Positive Sentiment: Exxon has scheduled a large physical shipment (about 600,000 barrels) of mostly gasoline from the U.S. Gulf Coast to Australia — evidence of active commercial positioning amid global fuel tightness. Read More.
• Positive Sentiment: Macro/investor flows favor the HALO trade (Heavy Asset, Low Obsolescence), giving energy majors like Exxon a defensive appeal versus more cyclical/fast‑obsolescing sectors. Read More.
• Positive Sentiment: Some analysts and boutiques have nudged fair‑value estimates and price targets higher into the mid‑$140s–$180s range, keeping XOM in focus for income/value investors. Read More.
• Neutral Sentiment: Exxon’s investor presentation at the Morgan Stanley Energy & Power conference provided incremental detail but no fresh guidance; such events tend to support clarity rather than drive headline moves. Read More.
• Neutral Sentiment: Sector headlines are mixed (energy outperformance vs. intra‑day profit‑taking); some banks raised targets into the ~$150 area but kept cautious ratings, signaling limited consensus on sustained upside. Read More.
• Negative Sentiment: An Exxon VP sold 2,150 shares (disclosed Form 4); while modest and routine, insider sales can be viewed negatively by short‑term traders. Read More.
• Negative Sentiment: Analysts warn that sustained regional conflict could threaten production/transport logistics, raising uncertainty on near‑term volumes and costs despite higher prices. Read More.

Wall Street Analysts Forecast Growth

A number of analysts have recently issued reports on XOM shares. Sanford C. Bernstein dropped their price objective on shares of Exxon Mobil from $142.00 to $137.00 and set an "outperform" rating on the stock in a research note on Monday, January 5th. Royal Bank Of Canada raised their price target on shares of Exxon Mobil from $145.00 to $150.00 and gave the company a "sector perform" rating in a report on Monday, February 2nd. Scotiabank reiterated an "outperform" rating on shares of Exxon Mobil in a report on Friday, January 16th. Wells Fargo & Company lowered their target price on Exxon Mobil from $158.00 to $156.00 and set an "overweight" rating for the company in a research note on Monday, February 2nd. Finally, TD Cowen boosted their price target on Exxon Mobil from $135.00 to $145.00 and gave the stock a "buy" rating in a research note on Tuesday, February 3rd. Nine equities research analysts have rated the stock with a Buy rating, eight have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus target price of $143.41.

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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