AA Financial Advisors LLC Acquires 5,490 Shares of ExxonMobil Corporation $XOM

AA Financial Advisors LLC bought a new stake in ExxonMobil Corporation (NYSE:XOM) during the third quarter, according to its most recent filing with the SEC. The firm bought 5,490 shares of the oil and gas company’s stock, valued at approximately $894,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Greg Jennings LLC acquired a new position in shares of ExxonMobil in the 3rd quarter valued at approximately $1,022,000. PMG Family Office LLC bought a new stake in shares of ExxonMobil during the 3rd quarter worth approximately $354,000. Crown Wealth Group LLC boosted its position in shares of ExxonMobil by 11.0% during the 3rd quarter. Crown Wealth Group LLC now owns 6,919 shares of the oil and gas company’s stock worth $1,126,000 after acquiring an additional 688 shares in the last quarter. James Hambro & Partners LLP acquired a new stake in shares of ExxonMobil during the 3rd quarter worth approximately $215,000. Finally, Kondo Wealth Advisors Inc. bought a new position in ExxonMobil in the third quarter valued at approximately $235,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target to $200 and assigned an “overweight” rating, implying roughly 12% upside from the referenced $178.36 price. The upgrade provides a significant bullish signal for XOM, particularly as the stock trades close to its yearly high.
• Positive Sentiment: Refining margins are expected to provide a substantial third-quarter earnings boost. Reports point to a potential $4.5 billion refining tailwind, which could help ExxonMobil offset volatility in upstream oil and gas results. ExxonMobil flags a $4.5 billion refining tailwind for Q3 earnings
• Positive Sentiment: ExxonMobil remains positioned to benefit from higher crude prices and Permian production gains. Analysts cite drilling efficiencies, lower development costs and disciplined spending as supports for the company’s oil production outlook. Buy 5 Giant Oil Explorers to Tap the Northward Journey of Crude Prices
• Neutral Sentiment: A new authorized aviation-lubricants distributor in the Americas expands ExxonMobil’s aftermarket reach, although the financial impact is likely modest relative to its overall operations. Proponent becomes an authorized ExxonMobil aviation lubricants distributor
• Neutral Sentiment: ExxonMobil’s integrated business and strong cash generation support its dividend, but its yield is relatively low. This makes XOM more attractive for financial durability and diversification than for income yield alone.
• Negative Sentiment: Crude prices retreated after reaching five-month highs following a U.S. waiver of Russia-related sanctions and tariffs. Lower oil prices can pressure ExxonMobil’s upstream revenue and explain the stock’s recent weakness despite favorable refining expectations. What’s Going On With Exxon Stock On Monday?

ExxonMobil Price Performance

Shares of NYSE:XOM traded down $0.62 during trading on Monday, hitting $178.36. 11,124,509 shares of the company were exchanged, compared to its average volume of 17,926,811. The business’s 50 day moving average is $163.85 and its 200-day moving average is $154.47. The company has a market capitalization of $739.30 billion, a P/E ratio of 22.96, a price-to-earnings-growth ratio of 1.04 and a beta of 0.21. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a 1-year low of $111.98 and a 1-year high of $179.30.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period last year, the business earned $1.64 EPS. Equities analysts forecast that ExxonMobil Corporation will post 12.52 earnings per share for the current year.

ExxonMobil Dividend Announcement

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were given a $1.03 dividend. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a yield of 2.3%. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

Wall Street Analyst Weigh In

XOM has been the subject of several research analyst reports. UBS Group restated a “buy” rating and set a $199.00 price objective on shares of ExxonMobil in a research report on Monday. Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Wall Street Zen upgraded ExxonMobil to a “hold” rating in a research note on Saturday, September 5th. Citigroup reiterated a “neutral” rating and issued a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. Finally, BNP Paribas Exane lowered their price target on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, July 17th. Eleven research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $167.30.

ExxonMobil Company Profile

Exxon Mobil Corporation, doing business as ExxonMobil (NYSE:XOM), is an integrated energy company engaged in the exploration, development, production, and sale of crude oil and natural gas. Its operations span the energy value chain, from resource development and refining to the marketing and distribution of fuels and other energy products.

Through its Energy Products segment, ExxonMobil manufactures and markets transportation fuels, lubricants, and other petroleum-based products. Its Chemical Products business produces petrochemicals, including commodity and performance products used in packaging, automotive components, construction materials, and consumer goods.