Exxon Mobil Co. (NYSE:XOM) is IronBridge Private Wealth LLC’s 10th Largest Position

20 Apr 2025, 15:18 by Mitch Edgeman · The Markets Daily

IronBridge Private Wealth LLC decreased its position in Exxon Mobil Co. (NYSE:XOM – Free Report) by 1.4% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 64,531 shares of the oil and gas company’s stock after selling 902 shares during the quarter. Exxon Mobil comprises 2.5% of IronBridge Private Wealth LLC’s investment portfolio, making the stock its 10th largest holding. IronBridge Private Wealth LLC’s holdings in Exxon Mobil were worth $6,942,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also recently added to or reduced their stakes in the business. Geode Capital Management LLC raised its holdings in shares of Exxon Mobil by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 93,299,598 shares of the oil and gas company’s stock valued at $10,023,875,000 after purchasing an additional 1,104,617 shares in the last quarter. Norges Bank acquired a new position in Exxon Mobil during the fourth quarter worth $6,936,737,000. Bank of New York Mellon Corp raised its holdings in Exxon Mobil by 14.4% during the fourth quarter. Bank of New York Mellon Corp now owns 43,983,110 shares of the oil and gas company’s stock valued at $4,731,263,000 after buying an additional 5,538,694 shares in the last quarter. Franklin Resources Inc. lifted its position in shares of Exxon Mobil by 13.1% in the fourth quarter. Franklin Resources Inc. now owns 35,662,602 shares of the oil and gas company’s stock worth $3,836,226,000 after buying an additional 4,140,046 shares during the last quarter. Finally, Capital Research Global Investors boosted its stake in shares of Exxon Mobil by 3.9% during the 4th quarter. Capital Research Global Investors now owns 34,763,179 shares of the oil and gas company’s stock worth $3,739,465,000 after acquiring an additional 1,293,111 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the company. Mizuho cut their price objective on Exxon Mobil from $131.00 to $129.00 and set a “neutral” rating on the stock in a research note on Thursday, April 3rd. Barclays dropped their price target on shares of Exxon Mobil from $137.00 to $135.00 and set an “overweight” rating on the stock in a research report on Tuesday, March 18th. Morgan Stanley decreased their price objective on shares of Exxon Mobil from $141.00 to $138.00 and set an “overweight” rating for the company in a report on Thursday, March 27th. HSBC dropped their target price on shares of Exxon Mobil from $125.00 to $123.00 and set a “hold” rating on the stock in a report on Friday, January 31st. Finally, Wells Fargo & Company decreased their price target on shares of Exxon Mobil from $136.00 to $135.00 and set an “overweight” rating for the company in a report on Monday, February 3rd. One analyst has rated the stock with a sell rating, eight have assigned a hold rating, eleven have given a buy rating and two have issued a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of $126.75.

Read Our Latest Report on Exxon Mobil

Exxon Mobil Stock Performance

NYSE XOM opened at $106.84 on Friday. Exxon Mobil Co. has a twelve month low of $97.80 and a twelve month high of $126.34. The company has a quick ratio of 0.97, a current ratio of 1.31 and a debt-to-equity ratio of 0.14. The stock has a market cap of $462.12 billion, a P/E ratio of 13.63, a PEG ratio of 3.02 and a beta of 0.61. The company’s 50-day simple moving average is $109.82 and its 200 day simple moving average is $112.75.

Exxon Mobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, January 31st. The oil and gas company reported $1.67 earnings per share for the quarter, missing the consensus estimate of $1.77 by ($0.10). Exxon Mobil had a net margin of 9.63% and a return on equity of 12.92%. During the same period in the prior year, the business earned $2.48 earnings per share. As a group, research analysts forecast that Exxon Mobil Co. will post 7.43 earnings per share for the current fiscal year.

Exxon Mobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Monday, March 10th. Shareholders of record on Wednesday, February 12th were issued a dividend of $0.99 per share. The ex-dividend date of this dividend was Wednesday, February 12th. This represents a $3.96 dividend on an annualized basis and a dividend yield of 3.71%. Exxon Mobil’s payout ratio is presently 50.51%.

Insider Activity

In related news, VP Darrin L. Talley sold 2,100 shares of Exxon Mobil stock in a transaction dated Tuesday, February 4th. The shares were sold at an average price of $110.00, for a total transaction of $231,000.00. Following the completion of the transaction, the vice president now directly owns 18,087 shares of the company’s stock, valued at $1,989,570. This trade represents a 10.40 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Company Profile

(Free Report)

Exxon Mobil Corporation engages in the exploration and production of crude oil and natural gas in the United States and internationally. It operates through Upstream, Energy Products, Chemical Products, and Specialty Products segments. The Upstream segment explores for and produces crude oil and natural gas.