Willis Investment Counsel increased its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 3.3% during the 3rd quarter, Holdings Channel reports. The fund owned 254,964 shares of the oil and gas company’s stock after acquiring an additional 8,090 shares during the period. ExxonMobil comprises approximately 1.8% of Willis Investment Counsel’s investment portfolio, making the stock its 12th largest position. Willis Investment Counsel’s holdings in ExxonMobil were worth $41,495,000 as of its most recent filing with the Securities & Exchange Commission.
A number of other large investors have also bought and sold shares of the stock. Islay Capital Management LLC grew its holdings in ExxonMobil by 8.1% in the third quarter. Islay Capital Management LLC now owns 12,621 shares of the oil and gas company’s stock worth $2,054,000 after purchasing an additional 945 shares during the period. Ballast Inc. bought a new stake in ExxonMobil in the third quarter valued at $3,060,000. Net Worth Advisory Group acquired a new position in shares of ExxonMobil during the third quarter valued at about $1,449,000. Boyd Wealth Management LLC raised its holdings in shares of ExxonMobil by 21.9% during the third quarter. Boyd Wealth Management LLC now owns 3,560 shares of the oil and gas company’s stock valued at $579,000 after purchasing an additional 640 shares during the period. Finally, Parkway Wealth Management Group LLC raised its holdings in shares of ExxonMobil by 4.9% during the third quarter. Parkway Wealth Management Group LLC now owns 24,097 shares of the oil and gas company’s stock valued at $3,922,000 after purchasing an additional 1,122 shares during the period. 61.80% of the stock is currently owned by institutional investors and hedge funds.
ExxonMobil Stock Performance
NYSE XOM opened at $177.76 on Wednesday. The company has a fifty day simple moving average of $164.58 and a 200 day simple moving average of $154.65. ExxonMobil Corporation has a 12-month low of $111.99 and a 12-month high of $180.26. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The company has a market cap of $736.79 billion, a P/E ratio of 22.88, a PEG ratio of 1.04 and a beta of 0.21.
ExxonMobil (NYSE:XOM – Get Free Report) 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). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. During the same quarter in the previous year, the company posted $1.64 EPS. Sell-side analysts predict that ExxonMobil Corporation will post 12.52 earnings per share for the current fiscal year.
ExxonMobil Announces Dividend
The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were given a dividend of $1.03 per share. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.3%. ExxonMobil’s payout ratio is presently 53.02%.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the stock. Wall Street Zen raised shares of ExxonMobil to a “hold” rating in a research report on Saturday, September 5th. Weiss Ratings raised ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Jefferies Financial Group boosted their target price on ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, August 17th. Barclays upped their price target on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday. Finally, HSBC reiterated a “hold” rating and issued a $90.00 price target on shares of ExxonMobil in a report on Friday, September 25th. Eleven research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $167.70.
Read Our Latest Stock Analysis on ExxonMobil
ExxonMobil News Roundup
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Barclays raised its price target to $200 and upgraded XOM to “overweight,” implying further upside and reinforcing confidence in ExxonMobil’s integrated business and exposure to higher commodity prices. Barclays raises ExxonMobil price target
- Positive Sentiment: Rising crude prices remain the primary catalyst. Oil has surged sharply in 2026 amid Middle East tensions, supporting expectations for stronger upstream earnings, while ExxonMobil’s Permian operations are benefiting from production growth, drilling technology and cost discipline. Oil explorers benefiting from higher crude prices
- Positive Sentiment: Investor articles continue to view ExxonMobil favorably ahead of its earnings update, citing its scale and diversification across exploration, refining, chemicals and specialty products. Its aviation-lubricants distribution agreement in the Americas also modestly expands its aftermarket reach. ExxonMobil outlook ahead of earnings
- Neutral Sentiment: Shell’s planned expansion of Canadian LNG exports highlights continued industry investment in gas and LNG after major oil companies scaled back clean-energy ambitions. The move supports the long-term appeal of ExxonMobil’s LNG and integrated-energy strategy, but it is not a direct ExxonMobil announcement. Shell expands Canadian LNG operations
- Negative Sentiment: Crude prices retreated from recent highs after a waiver of Russia-related sanctions and tariffs, reducing near-term support for oil producers. Investors may also be cautious because ExxonMobil’s strong run has lifted valuation, while its latest reported quarter narrowly missed the earnings-per-share consensus despite beating revenue estimates. ExxonMobil shares and crude price pullback
About ExxonMobil
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.
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