6,360 Shares in ExxonMobil Corporation $XOM Purchased by Powell Investment Advisors LLC

Powell Investment Advisors LLC bought a new position in ExxonMobil Corporation (NYSE:XOM) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 6,360 shares of the oil and gas company’s stock, valued at approximately $1,035,000.

Other institutional investors and hedge funds have also modified their holdings of the company. FARMERS & MERCHANTS TRUST Co OF LONG BEACH increased its position in ExxonMobil by 2.1% in the 3rd quarter. FARMERS & MERCHANTS TRUST Co OF LONG BEACH now owns 43,667 shares of the oil and gas company’s stock valued at $7,107,000 after acquiring an additional 897 shares in the last quarter. JSF Financial LLC raised its stake in shares of ExxonMobil by 9.7% in the third quarter. JSF Financial LLC now owns 13,665 shares of the oil and gas company’s stock worth $2,224,000 after acquiring an additional 1,207 shares during the last quarter. Reyes Financial Architecture Inc. bought a new position in shares of ExxonMobil in the third quarter worth about $765,000. Pinnacle Bancorp Inc. lifted its position in shares of 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 purchasing an additional 492 shares in the last quarter. Finally, Kooman & Associates lifted its position in shares of 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 purchasing an additional 102 shares in the last quarter. 61.80% of the stock is owned by institutional investors and hedge funds.

More ExxonMobil News

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. Bank of America cut shares of ExxonMobil from a “buy” rating to a “neutral” rating and increased their price target for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. Mizuho dropped their price objective on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a research report on Thursday, July 9th. DZ Bank downgraded ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a report on Tuesday, August 4th. Barclays increased their price objective on ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a research report on Monday, October 19th. Finally, Argus lifted their target price on ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. One research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil Stock Performance

Shares of NYSE:XOM opened at $183.23 on Friday. The stock has a market capitalization of $759.46 billion, a P/E ratio of 23.58, a P/E/G ratio of 0.89 and a beta of 0.21. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $183.75. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The business has a 50-day moving average price of $165.80 and a two-hundred day moving average price of $155.09.

ExxonMobil (NYSE:XOM) last released its 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). The business had revenue of $114.53 billion for 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 quarter in the previous year, the company posted $1.64 earnings per share. Equities analysts predict that ExxonMobil Corporation will post 13.63 earnings per share for the current year.

ExxonMobil Dividend Announcement

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