ExxonMobil Corporation $XOM Holdings Increased by Oath Planning LLC

Oath Planning LLC boosted its position in ExxonMobil Corporation (NYSE:XOM) by 74.7% in the 3rd quarter, Holdings Channel reports. 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 accounts for about 1.0% of Oath Planning LLC’s 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.

Several other hedge funds have also recently added to or reduced their stakes in XOM. Dimensional Fund Advisors LP boosted its stake in ExxonMobil by 5.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock worth $4,812,790,000 after purchasing an additional 1,540,902 shares during the last quarter. Amundi raised its position in shares of ExxonMobil by 5.1% in the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock valued at $4,158,563,000 after buying an additional 1,192,386 shares during the last quarter. GQG Partners LLC lifted its stake in shares of ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock worth $2,307,497,000 after buying an additional 10,214,420 shares in the last quarter. Swiss National Bank lifted its stake in shares of ExxonMobil by 5.9% in the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock worth $2,099,783,000 after buying an additional 693,800 shares in the last quarter. Finally, National Pension Service lifted its stake in shares of ExxonMobil by 1.8% in the second quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock worth $1,321,265,000 after buying an additional 166,268 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

Key Headlines 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.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on XOM. Argus upped their price objective on shares of ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. Wall Street Zen raised shares of ExxonMobil to a “hold” rating in a research note on Saturday, September 5th. The Goldman Sachs Group reissued a “neutral” rating and issued a $178.00 target price on shares of ExxonMobil in a research note on Tuesday. Citigroup restated a “neutral” rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. Finally, Barclays upped their price target on ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday. One 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. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $167.70.

ExxonMobil Stock Up 0.2%

NYSE XOM opened at $178.14 on Thursday. The business’s fifty day simple moving average is $164.95 and its 200-day simple moving average is $154.77. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The firm has a market cap of $738.39 billion, a PE ratio of 22.93, a P/E/G ratio of 1.04 and a beta of 0.21. ExxonMobil Corporation has a 52 week low of $112.51 and a 52 week high of $180.26.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings data 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). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The firm had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same period in the prior year, the company posted $1.64 EPS. As a group, equities analysts anticipate that ExxonMobil Corporation will post 12.46 earnings per share for the current year.

ExxonMobil Announces Dividend

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