ExxonMobil Corporation $XOM Stock Acquired by Retirement Planning Group LLC

Retirement Planning Group LLC grew its holdings in ExxonMobil Corporation (NYSE:XOM) by 27.7% during the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 49,967 shares of the oil and gas company’s stock after acquiring an additional 10,827 shares during the period. Retirement Planning Group LLC’s holdings in ExxonMobil were worth $8,132,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other hedge funds have also recently made changes to their positions in the business. Aventus Investment Advisors Inc. purchased a new stake in shares of ExxonMobil during the second quarter worth about $27,000. Portus Wealth Advisors LLC bought a new stake in ExxonMobil during the 1st quarter valued at approximately $36,000. Atlantic Private Wealth LLC raised its stake in ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares during the period. Sankala Group LLC purchased a new position in ExxonMobil in the 4th quarter worth approximately $46,000. Finally, Financial Connections Group Inc. purchased a new position in ExxonMobil in the 1st quarter worth approximately $53,000. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Down 0.3%

Shares of ExxonMobil stock opened at $178.36 on Tuesday. The firm has a market cap of $739.30 billion, a price-to-earnings ratio of 22.96, a PEG ratio of 1.04 and a beta of 0.21. The business has a 50-day moving average price of $164.22 and a 200-day moving average price of $154.53. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a twelve month low of $111.98 and a twelve month high of $179.30.

ExxonMobil (NYSE:XOM) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to the consensus estimate of $109.94 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 posted $1.64 earnings per share. Equities research analysts anticipate that ExxonMobil Corporation will post 12.52 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target on ExxonMobil from $177 to $200 and upgraded the stock to “overweight,” implying approximately 12% upside from the referenced price. The move reflects stronger analyst confidence in ExxonMobil’s earnings outlook. Barclays ExxonMobil price target update
• Positive Sentiment: ExxonMobil has indicated that stronger refining margins could provide a significant boost to third-quarter results, with estimates pointing to a potential $4.5 billion refining tailwind. Improving Permian production, drilling efficiency and cost discipline also support the company’s upstream outlook. ExxonMobil refining tailwind
• Positive Sentiment: Proponent became an authorized distributor of ExxonMobil Aviation lubricants in the Americas, expanding ExxonMobil’s aftermarket distribution reach. The announcement is strategically positive but likely has limited near-term earnings impact. ExxonMobil aviation lubricants distribution agreement
• Neutral Sentiment: Analyst commentary continues to highlight ExxonMobil’s diversified business across exploration, refining, chemicals and specialty products. That diversification supports cash generation and dividend security, although the stock’s yield is viewed as relatively modest. ExxonMobil dividend analysis
• Negative Sentiment: The main pressure on XOM is the decline in crude prices from recent highs. Lower oil prices can reduce upstream revenue and profit expectations, even as refining margins remain favorable. ExxonMobil shares and crude oil prices

Analyst Ratings Changes

Several research analysts have weighed in on XOM shares. Wells Fargo & Company restated an “equal weight” rating and issued a $182.00 price target on shares of ExxonMobil in a research note on Thursday, October 1st. Barclays increased their price objective on shares of ExxonMobil from $177.00 to $200.00 and gave the company an “overweight” rating in a report on Monday. TD Cowen lifted their price objective on shares of ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a research report on Monday, September 28th. Jefferies Financial Group boosted their target price on shares of ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Finally, Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company. According to MarketBeat, the company has a consensus rating of “Hold” and an average target price of $167.30.

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.