QRG Capital Management Inc. Lowers Stock Holdings in Exxon Mobil Corporation $XOM

QRG Capital Management Inc. cut its stake in shares of Exxon Mobil Corporation (NYSE:XOM) by 30.3% during the third quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 557,000 shares of the oil and gas company’s stock after selling 242,565 shares during the quarter. Exxon Mobil makes up approximately 0.8% of QRG Capital Management Inc.’s holdings, making the stock its 18th biggest holding. QRG Capital Management Inc.’s holdings in Exxon Mobil were worth $62,802,000 at the end of the most recent reporting period.

A number of other large investors have also recently modified their holdings of XOM. Marshall & Sullivan Inc. WA purchased a new stake in shares of Exxon Mobil in the 2nd quarter worth $38,000. Bare Financial Services Inc increased its stake in shares of Exxon Mobil by 121.8% during the second quarter. Bare Financial Services Inc now owns 366 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 201 shares during the period. Clayton Financial Group LLC bought a new stake in shares of Exxon Mobil in the third quarter valued at about $40,000. TruNorth Capital Management LLC lifted its stake in Exxon Mobil by 1,595.2% in the third quarter. TruNorth Capital Management LLC now owns 356 shares of the oil and gas company’s stock worth $40,000 after acquiring an additional 335 shares during the period. Finally, Investment Research & Advisory Group Inc. bought a new position in Exxon Mobil during the 2nd quarter worth about $42,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have recently commented on XOM. Wells Fargo & Company boosted their price target on shares of Exxon Mobil from $156.00 to $158.00 and gave the company an “overweight” rating in a report on Thursday, December 11th. Zacks Research downgraded shares of Exxon Mobil from a “hold” rating to a “strong sell” rating in a research note on Thursday, January 1st. Citigroup increased their target price on Exxon Mobil from $115.00 to $118.00 and gave the company a “neutral” rating in a research report on Wednesday, December 10th. Scotiabank reissued an “outperform” rating on shares of Exxon Mobil in a research report on Friday. Finally, Jefferies Financial Group upped their price objective on Exxon Mobil from $146.00 to $148.00 and gave the stock a “buy” rating in a research note on Wednesday, December 10th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $130.25.

Exxon Mobil Stock Performance

Shares of XOM opened at $129.78 on Monday. Exxon Mobil Corporation has a 12 month low of $97.80 and a 12 month high of $131.72. The stock has a fifty day moving average price of $119.37 and a 200-day moving average price of $114.60. The company has a current ratio of 1.14, a quick ratio of 0.79 and a debt-to-equity ratio of 0.12. The firm has a market cap of $547.30 billion, a PE ratio of 18.86, a P/E/G ratio of 8.05 and a beta of 0.37.

Exxon Mobil (NYSE:XOM) last announced its earnings results on Friday, October 31st. The oil and gas company reported $1.88 earnings per share for the quarter, topping the consensus estimate of $1.72 by $0.16. Exxon Mobil had a return on equity of 11.22% and a net margin of 8.99%.The firm had revenue of $83.33 billion for the quarter, compared to the consensus estimate of $83.09 billion. During the same period in the previous year, the business earned $1.92 EPS. The firm’s revenue for the quarter was down 5.2% on a year-over-year basis. Equities research analysts predict that Exxon Mobil Corporation will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which was paid on Wednesday, December 10th. Stockholders of record on Friday, November 14th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a dividend yield of 3.2%. This is an increase from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date was Friday, November 14th. Exxon Mobil’s dividend payout ratio is currently 59.88%.

Insider Activity at Exxon Mobil

In related news, VP Darrin L. Talley sold 3,000 shares of Exxon Mobil stock in a transaction that occurred on Wednesday, December 17th. The shares were sold at an average price of $117.19, for a total value of $351,570.00. Following the completion of the sale, the vice president directly owned 28,584 shares in the company, valued at $3,349,758.96. This trade represents a 9.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. 0.03% of the stock is owned by insiders.

Trending Headlines about Exxon Mobil

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

• Positive Sentiment: International oil companies (including Exxon) are lobbying for Venezuelan hydrocarbon law changes that would let producers freely export oil they produce—this could materially unlock stranded Venezuelan barrels and improve long?term upstream cash flows for companies with exposure. Read More.
• Positive Sentiment: Exxon awarded a contract to acquire 3D deepwater seismic offshore Trinidad & Tobago, signaling continued investment in high?value exploration acreage and potential future resource delineation that supports production growth. Read More.
• Positive Sentiment: Technical analysis commentary notes Exxon reached a new all?time high and shows impulsive rally characteristics—this can attract momentum traders and reinforce upside near term. Read More.
• Neutral Sentiment: Analysts note WTI near $60 could pressure upstream earnings, but Exxon’s low leverage and premium asset base should help it weather softer prices—mixed implications for earnings vs. balance?sheet stability. Read More.
• Neutral Sentiment: Coverage pieces and investor commentary flag that Exxon is actively assessing Venezuelan assets and upcoming earnings; monitoring not immediate action—keeps optional upside but also uncertainty. Read More.
• Neutral Sentiment: Broader market pieces listing stocks for midterm?year positioning may include cyclical energy exposure; this is a portfolio?level consideration rather than a company?specific catalyst. Read More.
• Negative Sentiment: Exxon flagged lower Q4 earnings expectations tied to declining crude prices—this is the most direct near?term earnings risk and can pressure sentiment until actual results and guidance are reported. Read More.
• Negative Sentiment: Public friction between political figures and Exxon’s CEO over Venezuela policy adds political/regulatory risk and could create short?term volatility tied to headlines. Read More.
• Negative Sentiment: Exxon and Shell halted the planned sale of key U.K. North Sea gas assets after regulatory and commercial hurdles—this removes near?term divestment proceeds and keeps the assets on the balance sheet, which may weigh on capital allocation expectations. Read More.

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.