Summit Global Investments decreased its stake in shares of Exxon Mobil Corporation (NYSE:XOM – Free Report) by 20.3% during the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 58,900 shares of the oil and gas company’s stock after selling 14,972 shares during the quarter. Summit Global Investments’ holdings in Exxon Mobil were worth $6,641,000 at the end of the most recent reporting period.
Several other large investors also recently added to or reduced their stakes in XOM. Eagle Capital Management LLC increased its stake in Exxon Mobil by 15.3% during the first quarter. Eagle Capital Management LLC now owns 2,836 shares of the oil and gas company’s stock worth $337,000 after acquiring an additional 376 shares during the last quarter. Caxton Associates LLP purchased a new position in shares of Exxon Mobil during the 1st quarter worth $305,000. Sivia Capital Partners LLC increased its position in shares of Exxon Mobil by 1.9% during the 2nd quarter. Sivia Capital Partners LLC now owns 11,237 shares of the oil and gas company’s stock worth $1,211,000 after purchasing an additional 207 shares during the last quarter. Cyr Financial Inc. lifted its position in Exxon Mobil by 16.4% in the second quarter. Cyr Financial Inc. now owns 9,652 shares of the oil and gas company’s stock valued at $1,040,000 after buying an additional 1,359 shares during the last quarter. Finally, Elser Financial Planning Inc purchased a new position in Exxon Mobil during the second quarter worth about $306,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.
Exxon Mobil Stock Up 2.2%
XOM stock opened at $140.67 on Friday. Exxon Mobil Corporation has a fifty-two week low of $97.80 and a fifty-two week high of $142.34. The company’s 50 day moving average price is $122.31 and its 200 day moving average price is $115.91. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.79 and a current ratio of 1.14. The firm has a market capitalization of $593.22 billion, a price-to-earnings ratio of 20.45, a PEG ratio of 14.53 and a beta of 0.37.
Insiders Place Their Bets
In other Exxon Mobil news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction dated Wednesday, December 17th. The stock was sold at an average price of $117.19, for a total transaction of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares of the company’s stock, valued at $3,349,758.96. The trade was a 9.50% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is currently owned by corporate insiders.
Key Exxon Mobil News
Here are the key news stories impacting Exxon Mobil this week:
- Positive Sentiment: Geopolitical risk is lifting oil prices, which benefits integrated majors like Exxon by supporting upstream margins and refining spreads. Oil Rallies On Iran War Fears
- Positive Sentiment: Analysts highlight a structural LNG wave in 2026 that should boost gas demand and benefit Exxon’s gas/LNG exposure, a medium-term tailwind for earnings. What the LNG Wave Means
- Positive Sentiment: Corporate moves: Exxon is emphasizing carbon capture (CCS) and reshaping its portfolio (including exiting the Fife plant), signaling focus on higher-return/transition assets that investors may view favorably over time. Exxon Mobil Reshapes Portfolio With CCS Push
- Positive Sentiment: Strategic partnerships: expanded R&D and supply-chain cooperation with BYD on hybrid EV innovation supports diversification into low-carbon transport tech. BYD & ExxonMobil Boost Cooperation
- Neutral Sentiment: Market positioning & betting: short-term speculation and prediction markets (Polymarket) are focused on whether Exxon will beat Q4 estimates; this raises event-driven volatility but doesn’t change fundamentals. Polymarket Odds: Will AXP, XOM, VZ Beat Earnings?
- Neutral Sentiment: Earnings previews are mixed: analysts expect refining resilience to offset weaker upstream pricing, so Q4 results could show offsetting effects rather than a clear beat or miss. Exxon Mobil Q4 Preview
- Negative Sentiment: High expectations create risk: coverage notes the stock is pricing in strong long?term growth even as analysts trim profit forecasts—Exxon must show credible growth catalysts or risk a pullback. Exxon Earnings Are Coming. The Stock Is Pricing in Big Growth.
- Negative Sentiment: “Smart money” caution: commentary flags investor wariness ahead of earnings, signaling potential downside if results or guidance disappoint. Why the smart money is pensive
- Neutral Sentiment: Analyst action: Bank of America raised its price target to $135 but kept a neutral rating, which implies limited upside from that firm’s view and mixed analyst sentiment overall. Benzinga
Analyst Upgrades and Downgrades
XOM has been the topic of a number of research analyst reports. Piper Sandler reduced their price target on shares of Exxon Mobil from $144.00 to $142.00 and set an “overweight” rating on the stock in a research note on Thursday, January 8th. BNP Paribas Exane raised Exxon Mobil from an “underperform” rating to a “neutral” rating and set a $114.00 target price on the stock in a research report on Monday, December 8th. Jefferies Financial Group upped their price target on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. Mizuho lifted their price objective on Exxon Mobil from $129.00 to $132.00 and gave the company a “neutral” rating in a research note on Friday, December 12th. Finally, Morgan Stanley dropped their target price on Exxon Mobil from $137.00 to $134.00 and set an “overweight” rating for the company in a research report on Friday, January 23rd. One investment analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, ten have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus target price of $132.74.
Read Our Latest Analysis on XOM
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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