R Squared Ltd Purchases 7,004 Shares of ExxonMobil Corporation $XOM

R Squared Ltd lifted its position in ExxonMobil Corporation (NYSE:XOM) by 114.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 13,147 shares of the oil and gas company’s stock after purchasing an additional 7,004 shares during the quarter. ExxonMobil comprises approximately 1.1% of R Squared Ltd’s portfolio, making the stock its 8th largest holding. R Squared Ltd’s holdings in ExxonMobil were worth $2,140,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Dimensional Fund Advisors LP grew its position in ExxonMobil by 5.7% during the first 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 buying an additional 1,540,902 shares in the last quarter. Amundi raised its holdings in shares of ExxonMobil by 5.1% in the 1st quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock valued at $4,158,563,000 after acquiring an additional 1,192,386 shares in the last quarter. GQG Partners LLC boosted its position in shares of ExxonMobil by 153.3% during the 2nd quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock valued at $2,307,497,000 after acquiring an additional 10,214,420 shares during the last quarter. Swiss National Bank boosted its position in shares of ExxonMobil by 5.9% during the 1st quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock valued at $2,099,783,000 after acquiring an additional 693,800 shares during the last quarter. Finally, National Pension Service grew its holdings in shares of ExxonMobil by 1.8% during 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 purchasing an additional 166,268 shares in the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently weighed in on XOM shares. Bank of America downgraded shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their target price for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. TD Cowen boosted their price target on shares of ExxonMobil from $180.00 to $193.00 and gave the stock a “buy” rating in a research note on Wednesday, November 4th. Freedom Broker increased their price target on shares of ExxonMobil from $142.00 to $162.00 and gave the stock a “hold” rating in a report on Friday, November 6th. Morgan Stanley increased their price target on shares of ExxonMobil from $185.00 to $187.00 and gave the stock an “overweight” rating in a report on Monday, November 2nd. Finally, Jefferies Financial Group raised their price objective on shares of ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a research report on Monday, August 17th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus price target of $170.54.

ExxonMobil Price Performance

XOM opened at $169.78 on Friday. The stock has a 50-day moving average price of $169.21 and a 200-day moving average price of $156.06. ExxonMobil Corporation has a 12-month low of $114.19 and a 12-month high of $188.50. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The stock has a market capitalization of $692.55 billion, a P/E ratio of 17.45, a PEG ratio of 0.83 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating the consensus estimate of $4.12 by $0.11. The firm had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same period in the prior year, the company earned $1.88 EPS. Equities analysts predict that ExxonMobil Corporation will post 13.34 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The firm also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be given a dividend of $1.07 per share. The ex-dividend date is Monday, November 16th. This is an increase from ExxonMobil’s previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a yield of 2.5%. ExxonMobil’s dividend payout ratio (DPR) is 42.34%.

ExxonMobil News Roundup

Investors following XOM have been watching these news items:

• Positive Sentiment: ExxonMobil made a $12.5 billion final investment decision on its Longtail offshore Guyana development. The project is expected to add future production capacity and reinforce the company’s growth in a key low-cost producing region, though it requires substantial capital. Article: ExxonMobil takes $12.5-billion FID on Longtail development offshore Guyana
• Positive Sentiment: Elevated crude prices are a potential tailwind for ExxonMobil’s upstream business. Reports cited oil above $85 per barrel, while Brent rose about 3% to nearly $96 amid Iran-related tensions—supportive of revenue from producing assets such as the Permian and Guyana. Article: Oil Price is Still High: Boon for ExxonMobil’s Upstream Business?
• Neutral Sentiment: ExxonMobil is challenging EU carbon-capture regulations and seeking suspension of certain timing requirements. The outcome could affect its carbon-capture plans, but the financial impact is not yet clear. Article: ExxonMobil launched legal challenge to EU carbon capture rules

ExxonMobil Profile

ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products. The company’s products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.