ExxonMobil Corporation $XOM Stock Holdings Reduced by Trek Financial LLC

Trek Financial LLC lessened its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 51.8% during the 3rd quarter, Holdings Channel reports. The firm owned 47,059 shares of the oil and gas company’s stock after selling 50,641 shares during the quarter. Trek Financial LLC’s holdings in ExxonMobil were worth $7,659,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other hedge funds have also bought and sold shares of XOM. NBT Bank N.A. acquired a new stake in shares of ExxonMobil during the third quarter worth $26,000. Aventus Investment Advisors Inc. purchased a new stake in shares of ExxonMobil during the second quarter valued at $27,000. Atlantic Private Wealth LLC grew its holdings in shares of ExxonMobil by 776.9% during the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after buying an additional 202 shares during the last quarter. Financial Connections Group Inc. purchased a new stake in shares of ExxonMobil during the first quarter valued at $53,000. Finally, Clal Insurance Enterprises Holdings Ltd increased its position in shares of ExxonMobil by 53.1% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 113 shares during the period. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of research analyst reports. Wall Street Zen upgraded ExxonMobil from a “hold” rating to a “buy” rating in a research note on Saturday, October 24th. Freedom Capital raised ExxonMobil from a “strong sell” rating to a “hold” rating in a research report on Tuesday, August 4th. Weiss Ratings upgraded ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. TD Cowen increased their price objective on ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a report on Monday, September 28th. Finally, Zacks Research raised ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the company. According to MarketBeat.com, ExxonMobil presently has a consensus rating of “Moderate Buy” and an average target price of $168.70.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reported third-quarter adjusted earnings of $4.23 per share, ahead of consensus, while revenue increased roughly 33% year over year to approximately $110.5 billion-$113.2 billion. Refining-margin gains and continued LNG expansion supported the results. XOM Q3 Earnings Call Highlights Refining Strength and LNG Expansion
• Positive Sentiment: UBS raised its XOM price target to $213 and maintained a Buy rating. Morgan Stanley increased its target to $187 with an Overweight rating, while Wells Fargo lifted its target to $189 but retained Equal Weight. These revisions indicate continued confidence in ExxonMobil’s earnings and shareholder-return outlook. Analysts Boost Forecasts on ExxonMobil
• Positive Sentiment: The company raised its quarterly dividend 3.9% to $1.07 per share, its 44th consecutive annual increase. ExxonMobil also emphasized buybacks, debt reduction and strong free cash flow, reinforcing its appeal to income-focused investors. Exxon Dividend and Free Cash Flow
• Positive Sentiment: ExxonMobil agreed to take a 50% stake in Mozambique LNG, adding a long-term growth opportunity in liquefied natural gas and strengthening its global gas portfolio. ExxonMobil Takes 50% Stake in Mozambique LNG
• Neutral Sentiment: ExxonMobil’s shares were added to Securitize’s tokenized-stock platform on Solana. The move may improve market accessibility, but its near-term effect on ExxonMobil’s fundamentals and valuation is limited. Tokenized Stock Trading on Solana
• Negative Sentiment: Crude prices declined, prompting investors to take profits after XOM reached a record high following the earnings release. The stock’s elevated valuation also leaves less room for disappointment.
• Negative Sentiment: Although total earnings more than doubled year over year, adjusted upstream earnings fell about 20% sequentially. That decline raises concerns that refining strength, rather than broad-based production growth, drove much of the latest beat. ExxonMobil Earnings Vulnerability

ExxonMobil Trading Down 3.9%

NYSE XOM opened at $179.92 on Tuesday. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $188.50. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. The company has a market capitalization of $745.75 billion, a PE ratio of 18.49, a P/E/G ratio of 0.91 and a beta of 0.21. The company has a fifty day moving average of $168.06 and a 200 day moving average of $154.62.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.11. The company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same period last year, the firm earned $1.88 EPS. Research analysts forecast that ExxonMobil Corporation will post 13.58 earnings per share for the current year.

ExxonMobil Increases Dividend

The business also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be issued a $1.07 dividend. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.4%. ExxonMobil’s payout ratio is presently 42.34%.

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.