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

SBI Securities Co. Ltd. trimmed its position in ExxonMobil Corporation (NYSE:XOM) by 3.2% in the third quarter, HoldingsChannel.com reports. The institutional investor owned 117,352 shares of the oil and gas company’s stock after selling 3,898 shares during the quarter. SBI Securities Co. Ltd.’s holdings in ExxonMobil were worth $19,099,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Reyes Financial Architecture Inc. bought a new stake in ExxonMobil during the 3rd quarter valued at $765,000. Pinnacle Bancorp Inc. raised its holdings in ExxonMobil by 7.7% during the third quarter. Pinnacle Bancorp Inc. now owns 6,866 shares of the oil and gas company’s stock worth $1,117,000 after buying an additional 492 shares during the last quarter. Kooman & Associates raised its holdings in ExxonMobil by 2.1% during the third quarter. Kooman & Associates now owns 4,967 shares of the oil and gas company’s stock worth $808,000 after buying an additional 102 shares during the last quarter. Woodward Diversified Capital LLC bought a new position in shares of ExxonMobil in the third quarter valued at $9,803,000. Finally, Essential Planning LLC. bought a new position in shares of ExxonMobil in the third quarter valued at $225,000. 61.80% of the stock is owned by institutional investors.

ExxonMobil News Summary

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

A number of research analysts have recently issued reports on the stock. TD Cowen lifted their price objective on shares of ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a report on Monday, September 28th. BMO Capital Markets boosted their target price on shares of ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 12th. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $178.00 price target on shares of ExxonMobil in a research report on Tuesday. Finally, Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have given a Hold rating to the stock. Based on data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $167.70.

ExxonMobil Trading Up 2.8%

Shares of ExxonMobil stock opened at $183.23 on Friday. The stock has a fifty day simple moving average of $165.80 and a 200 day simple moving average of $155.09. ExxonMobil Corporation has a 12-month low of $112.51 and a 12-month high of $183.75. The company has a market capitalization of $759.46 billion, a P/E ratio of 23.58, a price-to-earnings-growth ratio of 0.89 and a beta of 0.21. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM) last released its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 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 company had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same period in the previous year, the company posted $1.64 earnings per share. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 13.63 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were paid a $1.03 dividend. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.2%. ExxonMobil’s dividend payout ratio is presently 53.02%.

About ExxonMobil

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.