Westpac Banking Corp Decreases Position in Exxon Mobil Corporation $XOM

18 Nov 2025, 19:20 by Tristan Rich · The Markets Daily

Westpac Banking Corp decreased its position in Exxon Mobil Corporation (NYSE:XOM – Free Report) by 69.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 3,531 shares of the oil and gas company’s stock after selling 7,879 shares during the period. Westpac Banking Corp’s holdings in Exxon Mobil were worth $381,000 as of its most recent SEC filing.

A number of other large investors have also bought and sold shares of XOM. Elequin Capital LP purchased a new stake in Exxon Mobil in the 1st quarter worth about $31,000. Clal Insurance Enterprises Holdings Ltd boosted its position in Exxon Mobil by 396.7% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 298 shares of the oil and gas company’s stock worth $35,000 after purchasing an additional 238 shares during the period. Game Plan Financial Advisors LLC boosted its position in Exxon Mobil by 1,500.0% during the first quarter. Game Plan Financial Advisors LLC now owns 320 shares of the oil and gas company’s stock worth $38,000 after purchasing an additional 300 shares during the period. Marshall & Sullivan Inc. WA purchased a new position in shares of Exxon Mobil in the second quarter worth about $38,000. Finally, 1248 Management LLC bought a new stake in shares of Exxon Mobil in the first quarter valued at approximately $40,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

XOM has been the subject of several analyst reports. Wells Fargo & Company assumed coverage on shares of Exxon Mobil in a report on Friday, October 17th. They issued an “overweight” rating and a $156.00 price objective for the company. Piper Sandler raised their price target on Exxon Mobil from $141.00 to $144.00 and gave the stock an “overweight” rating in a report on Monday, November 10th. Melius started coverage on Exxon Mobil in a research report on Wednesday, August 20th. They issued a “hold” rating and a $111.00 price target for the company. Mizuho dropped their price objective on Exxon Mobil from $124.00 to $123.00 and set a “neutral” rating on the stock in a report on Monday, September 15th. Finally, Scotiabank restated an “outperform” rating on shares of Exxon Mobil in a research note on Monday, November 3rd. Two analysts have rated the stock with a Strong Buy rating, eight have assigned a Buy rating and ten have assigned a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus price target of $128.67.

View Our Latest Report on XOM

Insiders Place Their Bets

In related news, VP Darrin L. Talley sold 2,158 shares of the firm’s stock in a transaction that occurred on Friday, August 22nd. The shares were sold at an average price of $110.45, for a total value of $238,351.10. Following the sale, the vice president directly owned 13,829 shares of the company’s stock, valued at $1,527,413.05. This trade represents a 13.50% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. 0.03% of the stock is owned by corporate insiders.

Exxon Mobil Trading Down 1.3%

Shares of XOM stock opened at $117.79 on Tuesday. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.88 and a current ratio of 1.25. Exxon Mobil Corporation has a 52-week low of $97.80 and a 52-week high of $123.21. The company has a market capitalization of $496.74 billion, a PE ratio of 16.73, a price-to-earnings-growth ratio of 2.06 and a beta of 0.49. The business’s fifty day moving average is $114.23 and its 200 day moving average is $110.77.

Exxon Mobil (NYSE:XOM – Get Free Report) last posted its earnings results on Friday, June 17th. The oil and gas company reported $0.65 EPS for the quarter. The business had revenue of $57.55 billion during the quarter. Exxon Mobil had a return on equity of 11.34% and a net margin of 9.17%. On average, equities research analysts anticipate that Exxon Mobil Corporation will post 7.43 EPS for the current fiscal year.

Exxon Mobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, December 10th. Investors of record on Friday, November 14th will be given a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 3.5%. This is a positive change from Exxon Mobil’s previous quarterly dividend of $0.99. The ex-dividend date is Friday, November 14th. Exxon Mobil’s dividend payout ratio (DPR) is currently 59.88%.

Exxon Mobil Company Profile

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