Sat Jan 03 17:10:00 UTC 2026: Here’s a summary of the text, followed by a news article rewrite:

Summary:

Several institutional investors adjusted their positions in Exxon Mobil (XOM) during the recent quarter. Virginia Retirement Systems significantly decreased its holdings. Other firms like Linscomb Wealth, Jones Financial Companies, and U.S. Capital Wealth Advisors increased their stakes, while others made smaller adjustments. Overall, institutional ownership stands at 61.8%. Exxon Mobil recently declared a quarterly dividend increase and has been the subject of several analyst reports with varied ratings and price targets. VP Darrin L. Talley sold a portion of his shares. The stock currently has a Hold rating and an average price target of $129.45.

News Article:

Virginia Retirement Systems Trims Exxon Mobil Stake; Mixed Sentiment Among Institutional Investors

New York, NY – Exxon Mobil Corporation (NYSE:XOM) saw mixed activity among institutional investors during the third quarter, according to recent SEC filings. Virginia Retirement Systems ET Al significantly reduced its stake in the oil and gas giant, selling 333,200 shares, a 39.7% decrease. The firm’s remaining holdings are valued at $56.958 million.

However, other institutional investors took a different approach. Linscomb Wealth Inc., Jones Financial Companies Lllp, and U.S. Capital Wealth Advisors LLC all increased their positions in XOM, reflecting varying levels of confidence in the company’s performance. OneAscent Wealth Management LLC increased its stake by a notable 116.7% during the second quarter.

Overall, institutional ownership in Exxon Mobil stands at 61.8%.

Exxon Mobil’s stock opened at $122.59 on Friday. The company recently reported earnings of $0.65 per share and revenue of $57.55 billion and recently declared a quarterly dividend of $1.03, representing a dividend yield of 3.4%.

Analysts are currently mixed on Exxon Mobil, with a consensus rating of “Hold” and an average price target of $129.45. Recent reports from Jefferies Financial Group, Citigroup, and Wells Fargo & Company have offered varying price targets and ratings. In December, VP Darrin L. Talley sold 3,000 shares of the stock, decreasing his ownership by 9.50%.

Exxon Mobil is an integrated oil and gas company with operations spanning the full energy value chain.

Read More