6,000 ExxonMobil Corporation $XOM Shares Bought by U S Global Investors Inc.

U S Global Investors Inc. lifted its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 70.6% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 14,500 shares of the oil and gas company’s stock after purchasing an additional 6,000 shares during the period. U S Global Investors Inc.’s holdings in ExxonMobil were worth $2,360,000 at the end of the most recent reporting period.

Several other hedge funds have also modified their holdings of the stock. Demars Financial Group LLC boosted its holdings in ExxonMobil by 3.6% in the third quarter. Demars Financial Group LLC now owns 4,899 shares of the oil and gas company’s stock valued at $797,000 after acquiring an additional 169 shares during the last quarter. Compass Wealth Management LLC increased its position in ExxonMobil by 42.2% in the third quarter. Compass Wealth Management LLC now owns 3,102 shares of the oil and gas company’s stock worth $505,000 after purchasing an additional 920 shares during the period. Old North State Wealth Management LLC raised its holdings in ExxonMobil by 4.9% during the 3rd quarter. Old North State Wealth Management LLC now owns 9,470 shares of the oil and gas company’s stock worth $1,542,000 after purchasing an additional 442 shares during the last quarter. First Financial Group Corp bought a new stake in ExxonMobil during the 3rd quarter worth about $340,000. Finally, WP Advisors LLC raised its holdings in ExxonMobil by 3.0% during the 3rd quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock worth $353,000 after purchasing an additional 63 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil Trading Up 2.8%

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 business’s 50-day moving average price is $165.80 and its two-hundred day moving average price is $155.09. 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 firm has a market capitalization of $759.46 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 0.92 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). The company had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter last year, the business posted $1.64 EPS. On average, equities analysts expect that ExxonMobil Corporation will post 13.63 earnings per share for the current year.

ExxonMobil Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were paid 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 yield of 2.2%. ExxonMobil’s dividend payout ratio (DPR) is presently 53.02%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on XOM shares. DZ Bank downgraded shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price on the stock. in a research report on Tuesday, August 4th. Mizuho lowered their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. Barclays boosted their price target on shares of ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday, October 19th. The Goldman Sachs Group restated a “neutral” rating and issued a $178.00 price objective on shares of ExxonMobil in a report on Tuesday. Finally, Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their price objective for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, ExxonMobil has an average rating of “Moderate Buy” and a consensus target price of $167.70.

Trending Headlines about ExxonMobil

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

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.