ExxonMobil Corporation $XOM Shares Bought by Yousif Capital Management LLC

Yousif Capital Management LLC boosted its position in ExxonMobil Corporation (NYSE:XOM) by 0.6% during the third quarter, HoldingsChannel reports. The fund owned 510,887 shares of the oil and gas company’s stock after buying an additional 2,806 shares during the quarter. ExxonMobil comprises 0.9% of Yousif Capital Management LLC’s holdings, making the stock its 15th biggest position. Yousif Capital Management LLC’s holdings in ExxonMobil were worth $83,147,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the company. GQG Partners LLC boosted its position in ExxonMobil by 153.3% during 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 purchasing an additional 10,214,420 shares during the period. Quantum Portfolio Management LLC purchased a new position in shares of ExxonMobil in the first quarter worth about $965,932,000. Arrowstreet Capital Limited Partnership bought a new stake in shares of ExxonMobil in the first quarter valued at approximately $766,345,000. Diamant Asset Management Inc. raised its position in shares of ExxonMobil by 17,312.4% in the first quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company’s stock valued at $370,514,000 after purchasing an additional 2,171,322 shares during the period. Finally, Dimensional Fund Advisors LP raised its position in shares of ExxonMobil by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock valued at $4,812,790,000 after purchasing an additional 1,540,902 shares during the period. 61.80% of the stock is currently 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

ExxonMobil Trading Up 2.8%

Shares of XOM opened at $183.23 on Friday. The business’s 50-day moving average price is $165.80 and its 200-day moving average price is $155.09. ExxonMobil Corporation has a twelve month low of $112.51 and a twelve month high of $183.75. The stock has a market cap of $759.46 billion, a PE ratio of 23.58, a P/E/G ratio of 0.92 and a beta of 0.21. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12.

ExxonMobil (NYSE:XOM) last announced its quarterly 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). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. 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 previous year, the company posted $1.64 earnings per share. On average, equities analysts forecast that ExxonMobil Corporation will post 13.63 EPS for the current fiscal year.

ExxonMobil Announces Dividend

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

Wall Street Analysts Forecast Growth

XOM has been the topic of a number of recent research reports. Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and upped their price target for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. BMO Capital Markets boosted their target price on shares of ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a report on Wednesday, August 12th. Piper Sandler increased their target price on ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a research report on Thursday, September 3rd. Finally, Barclays raised their price target on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil 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.