V Square Quantitative Management LLC grew its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 206.8% in the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 7,452 shares of the oil and gas company’s stock after acquiring an additional 5,023 shares during the period. V Square Quantitative Management LLC’s holdings in ExxonMobil were worth $1,213,000 at the end of the most recent reporting period.
Several other institutional investors have also modified their holdings of XOM. Financial & Tax Architects LLC lifted its holdings in shares of ExxonMobil by 1.8% during the 3rd quarter. Financial & Tax Architects LLC now owns 51,874 shares of the oil and gas company’s stock worth $8,442,000 after acquiring an additional 896 shares during the period. jvl associates llc lifted its position in shares of ExxonMobil by 2.6% during the third quarter. jvl associates llc now owns 2,862 shares of the oil and gas company’s stock worth $466,000 after purchasing an additional 73 shares in the last quarter. Market Street Wealth Management Advisors LLC boosted its stake in shares of ExxonMobil by 42.6% in the third quarter. Market Street Wealth Management Advisors LLC now owns 2,621 shares of the oil and gas company’s stock valued at $427,000 after purchasing an additional 783 shares during the period. Baring Financial LLC boosted its stake in shares of ExxonMobil by 8.4% in the third quarter. Baring Financial LLC now owns 6,220 shares of the oil and gas company’s stock valued at $1,012,000 after purchasing an additional 484 shares during the period. Finally, Colton Groome Financial Advisors LLC grew its holdings in ExxonMobil by 2.5% during the 3rd quarter. Colton Groome Financial Advisors LLC now owns 3,668 shares of the oil and gas company’s stock valued at $597,000 after purchasing an additional 91 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil Stock Up 2.5%
Shares of NYSE:XOM traded up $4.34 during midday trading on Friday, reaching $179.03. The company had a trading volume of 13,196,143 shares, compared to its average volume of 12,975,840. 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 stock’s fifty day moving average price is $163.85 and its 200-day moving average price is $154.59. The stock has a market capitalization of $742.05 billion, a P/E ratio of 23.04, a PEG ratio of 1.02 and a beta of 0.21. ExxonMobil Corporation has a one year low of $111.18 and a one year high of $179.16.
ExxonMobil (NYSE:XOM – Get Free Report) last posted its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the prior year, the company earned $1.64 earnings per share. Equities research analysts expect that ExxonMobil Corporation will post 12.52 earnings per share for the current fiscal year.
ExxonMobil Dividend Announcement
The business also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were given a $1.03 dividend. 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%.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Refining margins are providing a major earnings boost. ExxonMobil expects higher refining margins to increase third-quarter Energy Products earnings by approximately $4.5 billion compared with the second quarter. Strong refining performance more than offset weakness in other segments, highlighting the benefit of ExxonMobil’s integrated operations. ExxonMobil’s Refining Profits Are Set to Jump $4.5 Billion
- Positive Sentiment: Growth projects continue to improve ExxonMobil’s long-term outlook. Production milestones in Guyana and the Permian Basin are moving key projects toward free-cash-flow generation. Guyana’s expanding production and additional offshore capacity could support future earnings and capital recovery. Production Milestones Could Be a Key Catalyst
- Positive Sentiment: Financial flexibility supports investor confidence. ExxonMobil’s low debt load and strong balance sheet provide protection against oil-price volatility and support capital investment, acquisitions and shareholder returns. Morgan Stanley also raised its price target from $177 to $185 and maintained an “overweight” rating. ExxonMobil’s Strong Balance Sheet Offers Cushion
- Neutral Sentiment: Investors are awaiting confirmed quarterly results. ExxonMobil will release its third-quarter 2026 results on October 30. Management’s report will clarify how much of the preliminary refining gain flowed through to total earnings and cash flow. ExxonMobil to Release Third Quarter 2026 Financial Results
- Negative Sentiment: Upstream conditions remain a headwind. Changes in oil prices are expected to reduce upstream earnings, with reports indicating a potential roughly $1.3 billion impact. Consequently, the overall third-quarter result may be lower even with the refining improvement. ExxonMobil Signals Lower Third-Quarter Earnings
Analyst Upgrades and Downgrades
XOM has been the topic of several analyst reports. HSBC reaffirmed a “hold” rating and set a $90.00 price target on shares of ExxonMobil in a research note on Friday, September 25th. Freedom Capital raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. The Goldman Sachs Group set a $169.00 target price on ExxonMobil in a research note on Friday. Wells Fargo & Company reaffirmed an “equal weight” rating and set a $182.00 target price on shares of ExxonMobil in a research report on Thursday, October 1st. Finally, Bank of America lowered ExxonMobil from a “buy” rating to a “neutral” rating and lifted their target price for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Eleven equities research analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $165.13.
Read Our Latest Research Report on XOM
ExxonMobil Company Profile
Exxon Mobil Corporation, commonly known as ExxonMobil, is an integrated energy company engaged in the exploration, development, production and sale of crude oil and natural gas. The company also manufactures and markets fuels, lubricants, petrochemicals and specialty products used in transportation, industrial and consumer applications.
ExxonMobil operates across the energy value chain through businesses that include upstream oil and natural gas production, refining and fuels marketing, chemical manufacturing, and lower-carbon solutions.
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