ExxonMobil Corporation $XOM Stock: SBI Securities Co. Ltd. Decreases Holdings

SBI Securities Co. Ltd. reduced its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 3.2% in the 3rd quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 117,352 shares of the oil and gas company’s stock after selling 3,898 shares during the period. SBI Securities Co. Ltd.’s holdings in ExxonMobil were worth $19,099,000 at the end of the most recent quarter.

Several other large investors have also bought and sold shares of XOM. Aventus Investment Advisors Inc. acquired a new stake in shares of ExxonMobil in the second quarter valued at about $27,000. Portus Wealth Advisors LLC acquired a new position in shares of ExxonMobil in the first quarter worth approximately $36,000. Atlantic Private Wealth LLC boosted its holdings in ExxonMobil by 776.9% in the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 202 shares during the last quarter. Financial Connections Group Inc. bought a new stake in ExxonMobil in the first quarter valued at approximately $53,000. Finally, Clal Insurance Enterprises Holdings Ltd boosted its holdings in ExxonMobil by 53.1% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 113 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
• Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
• Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
• Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
• Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
• Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

Wall Street Analyst Weigh In

A number of research firms have weighed in on XOM. HSBC reissued a “hold” rating and set a $90.00 target price on shares of ExxonMobil in a research report on Friday, September 25th. BNP Paribas Exane dropped their price target on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research report on Friday, July 17th. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. Morgan Stanley increased their price objective on shares of ExxonMobil from $177.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. Finally, TD Cowen lifted their target price on shares of ExxonMobil from $168.00 to $180.00 and gave the stock a “buy” rating in a research note on Monday, September 28th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average target price of $167.70.

ExxonMobil Stock Up 2.8%

Shares of NYSE:XOM opened at $183.23 on Friday. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $183.75. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The business’s 50-day moving average is $165.80 and its 200-day moving average is $155.09. The company has a market capitalization of $759.46 billion, a price-to-earnings ratio of 23.58, a P/E/G ratio of 0.89 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 EPS 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 prior year, the business earned $1.64 EPS. Equities research analysts predict that ExxonMobil Corporation will post 13.63 earnings per share for the current year.

ExxonMobil Announces Dividend

The firm also recently declared 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 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio is presently 53.02%.

ExxonMobil 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.