Commonwealth Equity Services LLC reduced its holdings in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 3.8% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 1,950,979 shares of the oil and gas company’s stock after selling 77,680 shares during the period. Commonwealth Equity Services LLC’s holdings in ExxonMobil were worth $317,522,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds have also bought and sold shares of the company. TFB Advisors LLC purchased a new stake in ExxonMobil during the 3rd quarter valued at about $235,000. Wealth Dimensions Group Ltd. grew its position in ExxonMobil by 1.0% during the 3rd quarter. Wealth Dimensions Group Ltd. now owns 16,406 shares of the oil and gas company’s stock worth $2,670,000 after acquiring an additional 155 shares during the last quarter. Collaborative Fund Advisors LLC increased its stake in ExxonMobil by 14.0% in the 3rd quarter. Collaborative Fund Advisors LLC now owns 7,531 shares of the oil and gas company’s stock worth $1,226,000 after purchasing an additional 924 shares during the period. Pathway Financial Advisers LLC increased its stake in ExxonMobil by 4.8% in the 3rd quarter. Pathway Financial Advisers LLC now owns 8,787 shares of the oil and gas company’s stock worth $1,430,000 after purchasing an additional 402 shares during the period. Finally, Bfsg LLC bought a new stake in ExxonMobil in the third quarter valued at approximately $9,811,000. 61.80% of the stock is currently owned by institutional investors.
ExxonMobil Price Performance
Shares of ExxonMobil stock opened at $165.49 on Friday. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The company has a market cap of $675.06 billion, a PE ratio of 17.01, a P/E/G ratio of 0.83 and a beta of 0.16. The business has a 50 day moving average of $168.65 and a 200 day moving average of $155.24. ExxonMobil Corporation has a 52 week low of $113.64 and a 52 week high of $188.50.
ExxonMobil (NYSE:XOM – Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The company had revenue of $110.50 billion during the quarter, compared to analyst estimates of $104.89 billion. During the same quarter last year, the firm posted $1.88 earnings per share. As a group, equities research analysts forecast that ExxonMobil Corporation will post 13.54 earnings per share for the current year.
ExxonMobil Increases Dividend
The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be paid a dividend of $1.07 per share. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. The ex-dividend date of this dividend is Monday, November 16th. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. ExxonMobil’s payout ratio is presently 42.34%.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil and Chevron reported strong third-quarter results, helped by refining performance and cost discipline. Exxon also raised its dividend for the 44th consecutive year, while debt reduction and buybacks support shareholder returns. Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Positive Sentiment: A proposed sale of Infineum, ExxonMobil’s joint venture with Shell, could bring in a multibillion-dollar sum and streamline the portfolio, though no transaction has been announced. Is ExxonMobil Holdings Rethinking Its Portfolio With an Infineum Exit?
- Positive Sentiment: The company plans to invest $10 billion in refining through 2030, including an expansion targeting 100,000 barrels per day of additional diesel output. The investment may improve efficiency and cash flow, although returns depend on market conditions. Will ExxonMobil’s Diesel Expansion Boost Refining Profit?
- Neutral Sentiment: Analyst opinion is divided after results: TD Cowen raised its target and kept a Buy rating, while Citi raised its target but maintained Neutral. ExxonMobil’s stock is up more than 43% in 2026, which may also temper expectations. Wall Street Is Split on ExxonMobil Following Q3 Results
- Negative Sentiment: Some commentary points to easing physical oil demand and argues oil may not return to $100, a potential headwind for earnings given ExxonMobil’s commodity-price sensitivity. DZ Bank also downgraded the shares to Sell. What Lower Inflation and Oil Prices Could Mean for Energy Stocks
Analyst Ratings Changes
A number of research firms have recently weighed in on XOM. Morgan Stanley increased their price objective on ExxonMobil from $185.00 to $187.00 and gave the company an “overweight” rating in a research note on Monday. Weiss Ratings upgraded shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. DZ Bank lowered shares of ExxonMobil from a “hold” rating to a “sell” rating and set a $170.00 price target for the company. in a report on Wednesday. Citigroup increased their price target on shares of ExxonMobil from $155.00 to $175.00 and gave the company a “neutral” rating in a research report on Wednesday. Finally, William Blair initiated coverage on shares of ExxonMobil in a report on Wednesday, October 28th. They set a “market perform” rating for the company. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, ExxonMobil currently has an average rating of “Hold” and a consensus target price of $170.74.
Check Out Our Latest Research Report on XOM
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.
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