Yousif Capital Management LLC lifted its position in ExxonMobil Corporation (NYSE:XOM – Free Report) by 0.6% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 510,887 shares of the oil and gas company’s stock after acquiring an additional 2,806 shares during the quarter. ExxonMobil makes up approximately 0.9% of Yousif Capital Management LLC’s portfolio, making the stock its 15th largest position. Yousif Capital Management LLC’s holdings in ExxonMobil were worth $83,147,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. NBT Bank N.A. purchased a new position in ExxonMobil during the third quarter worth about $26,000. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil in the 2nd quarter worth about $27,000. Portus Wealth Advisors LLC purchased a new stake in ExxonMobil in the 1st quarter valued at about $36,000. Atlantic Private Wealth LLC increased its stake in 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 buying an additional 202 shares during the last quarter. Finally, Financial Connections Group Inc. purchased a new stake in ExxonMobil in the 1st quarter valued at about $53,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Key ExxonMobil News
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
Analysts Set New Price Targets
Several equities analysts have commented on the stock. Morgan Stanley lifted their target price 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. DZ Bank lowered ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price for the company. in a report on Tuesday, August 4th. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $182.00 price target on shares of ExxonMobil in a research report on Thursday, October 1st. Royal Bank Of Canada reiterated a “sector perform” rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Finally, Citigroup reiterated a “neutral” rating and set a $175.00 price target (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and thirteen have given a Hold rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average target price of $167.70.
Read Our Latest Analysis on ExxonMobil
ExxonMobil Stock Performance
NYSE XOM opened at $183.23 on Friday. The company has a market capitalization of $759.46 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. ExxonMobil Corporation has a 52-week low of $112.51 and a 52-week high of $183.75. The company has a 50-day simple moving average of $165.80 and a 200 day simple moving average of $155.09.
ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same quarter in the previous year, the firm earned $1.64 earnings per share. On average, research analysts predict that ExxonMobil Corporation will post 13.63 EPS for the current year.
ExxonMobil Dividend Announcement
The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were issued a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date of this dividend was Monday, August 17th. ExxonMobil’s payout ratio is 53.02%.
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.
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