ExxonMobil Corporation $XOM Stake Lifted by Oath Planning LLC

Oath Planning LLC raised its stake in ExxonMobil Corporation (NYSE:XOM) by 74.7% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 9,925 shares of the oil and gas company’s stock after acquiring an additional 4,245 shares during the quarter. ExxonMobil makes up approximately 1.0% of Oath Planning LLC’s investment portfolio, making the stock its 19th largest position. Oath Planning LLC’s holdings in ExxonMobil were worth $1,615,000 at the end of the most recent reporting period.

Other large investors also recently bought and sold shares of the company. Aventus Investment Advisors Inc. purchased a new position in shares of ExxonMobil during the 2nd quarter valued at approximately $27,000. Portus Wealth Advisors LLC acquired a new position in shares of ExxonMobil in the 1st quarter valued at $36,000. Atlantic Private Wealth LLC lifted its stake in shares of ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares during the period. Financial Connections Group Inc. purchased a new stake in ExxonMobil during the first quarter worth $53,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in ExxonMobil by 53.1% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock worth $55,000 after buying an additional 113 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts recently commented on XOM shares. Piper Sandler raised their price target on shares of ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Monday. Freedom Capital upgraded shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Citigroup reissued a “neutral” rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. Finally, UBS Group reissued a “buy” rating and set a $199.00 target price on shares of ExxonMobil in a research note on Monday. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $167.70.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Analyst upgrades and target increases: Zacks Research upgraded ExxonMobil from “hold” to “strong buy,” while Barclays raised its price target. These actions reinforce the bullish view and may support continued investor demand. Zacks upgrades ExxonMobil to strong buy Barclays raises ExxonMobil price target
• Positive Sentiment: Upstream growth potential: ExxonMobil’s low-cost Permian and Guyana assets could expand production through 2030. Higher crude prices and disciplined capital spending are improving project economics, while Guyana’s stronger-than-expected returns have accelerated investment recovery. ExxonMobil long-term upstream production capacity
• Positive Sentiment: Supportive oil market: Rising crude prices have helped lift ExxonMobil’s earnings outlook and share performance. The stock has substantially outperformed the broader market over the past year, benefiting from its integrated energy model and exposure to higher oil prices. Events that could move ExxonMobil stock
• Neutral Sentiment: Additional exploration catalyst: ExxonMobil is preparing to drill an exploration well in Trinidad after completing seismic work. A discovery could add future reserves, but the outcome and commercial viability remain uncertain. ExxonMobil Trinidad exploration well
• Negative Sentiment: Execution and valuation risks: ExxonMobil is trading near its recent high after a major advance, leaving the stock more sensitive to weaker oil prices or disappointing earnings. Its latest quarterly EPS modestly missed consensus, despite revenue exceeding estimates, making the upcoming earnings report an important near-term catalyst.

ExxonMobil Stock Up 0.2%

ExxonMobil stock opened at $178.14 on Thursday. The stock has a market capitalization of $738.39 billion, a PE ratio of 22.93, a price-to-earnings-growth ratio of 1.04 and a beta of 0.21. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $180.26. The business has a 50 day simple moving average of $164.95 and a 200-day simple moving average of $154.77. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85.

ExxonMobil (NYSE:XOM) last announced its earnings results 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 business had revenue of $114.53 billion for the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same period in the previous year, the company earned $1.64 earnings per share. On average, analysts anticipate that ExxonMobil Corporation will post 12.46 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

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

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.