Integrity Advisory Solutions LLC lifted its position in ExxonMobil Corporation (NYSE:XOM – Free Report) by 22.3% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 21,408 shares of the oil and gas company’s stock after buying an additional 3,905 shares during the period. Integrity Advisory Solutions LLC’s holdings in ExxonMobil were worth $3,484,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other large investors also recently modified their holdings of the company. Dimensional Fund Advisors LP lifted its holdings in 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 acquiring an additional 1,540,902 shares during the period. Amundi boosted its position in ExxonMobil by 5.1% in the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock worth $4,158,563,000 after purchasing an additional 1,192,386 shares during the last quarter. GQG Partners LLC boosted its position in ExxonMobil by 153.3% in 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 last quarter. Swiss National Bank grew its stake 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 purchasing an additional 693,800 shares during the period. Finally, National Pension Service grew its stake in shares of ExxonMobil by 1.8% during the 2nd quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock valued at $1,321,265,000 after purchasing an additional 166,268 shares during the period. Institutional investors own 61.80% of the company’s stock.
ExxonMobil Trading Down 1.2%
ExxonMobil stock opened at $177.50 on Wednesday. ExxonMobil Corporation has a 12-month low of $112.51 and a 12-month high of $188.50. The firm has a market capitalization of $735.72 billion, a price-to-earnings ratio of 18.24, a P/E/G ratio of 0.90 and a beta of 0.16. The firm has a 50 day moving average of $168.33 and a 200 day moving average of $154.86. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11.
ExxonMobil Increases Dividend
The company also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be given a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, November 16th. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. ExxonMobil’s payout ratio is 42.34%.
Key ExxonMobil News
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Exxon beat third-quarter earnings expectations, with adjusted EPS of $4.23. Refining strength, improved margins and record downstream utilization helped offset weaker upstream earnings. How Investors Are Reacting To ExxonMobil Stock Earnings
- Positive Sentiment: Investors are also receiving substantial cash returns: Exxon raised its quarterly dividend to $1.07 per share and increased its share-repurchase authorization to $110 billion. UBS raised its price target to $213 and kept a Buy rating after the results. UBS raises ExxonMobil price target
- Positive Sentiment: XOM’s move above its 200-day moving average is a technical signal some investors view as supportive of a longer-term uptrend. The company also took a 50% stake in Mozambique LNG, adding to its long-term growth opportunities. ExxonMobil crosses its 200-day moving average
- Neutral Sentiment: Oil traders are weighing conflicting signals about U.S.-Iran tensions and the possibility of a deal. Any change in perceived supply risk could move crude prices—and Exxon’s upstream outlook—in either direction. Report on U.S.-Iran tensions and oil markets
- Negative Sentiment: After a strong run, XOM’s valuation is considered elevated, leaving less room for disappointment. Upstream earnings declined sequentially, and lower crude prices could add pressure; the retreat from recent highs suggests investors are taking profits and reassessing how much good news is already priced in. ExxonMobil stock valuation and outlook
Analyst Upgrades and Downgrades
Several brokerages have recently weighed in on XOM. DZ Bank cut shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a research note on Tuesday, August 4th. Citigroup restated a “neutral” rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. Jefferies Financial Group upped their target price on shares of ExxonMobil from $184.00 to $200.00 and gave the company a “buy” rating in a report on Monday, August 17th. Mizuho decreased their price target on shares of ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a research report on Thursday, July 9th. Finally, Bank of America downgraded shares of ExxonMobil from a “buy” rating to a “neutral” rating and increased their price target for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and fourteen have issued a Hold rating to the stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $168.70.
View Our Latest Research Report on ExxonMobil
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.
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