LifeWealth Investments LLC Buys New Shares in ExxonMobil Corporation $XOM

LifeWealth Investments LLC bought a new stake in ExxonMobil Corporation (NYSE:XOM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 3,132 shares of the oil and gas company’s stock, valued at approximately $510,000.

A number of other institutional investors have also recently bought and sold shares of XOM. GQG Partners LLC raised its stake in ExxonMobil by 153.3% during 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 period. Quantum Portfolio Management LLC acquired a new position in shares of ExxonMobil in the 1st quarter valued at $965,932,000. Arrowstreet Capital Limited Partnership purchased a new stake in shares of ExxonMobil during the 1st quarter valued at $766,345,000. Diamant Asset Management Inc. grew its stake in shares of ExxonMobil by 17,312.4% during the 1st quarter. Diamant Asset Management Inc. now owns 2,183,864 shares of the oil and gas company’s stock valued at $370,514,000 after buying an additional 2,171,322 shares during the period. Finally, Dimensional Fund Advisors LP grew its stake in shares of ExxonMobil by 5.7% during the 1st 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 buying an additional 1,540,902 shares during the period. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of analysts have recently commented on XOM shares. Royal Bank Of Canada restated a “sector perform” rating and set a $180.00 price objective (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Mizuho reduced their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Morgan Stanley lifted their target price on ExxonMobil from $177.00 to $185.00 and gave the company an “overweight” rating in a report on Thursday, October 15th. BMO Capital Markets boosted their price target on ExxonMobil from $160.00 to $170.00 and gave the company a “market perform” rating in a research report on Wednesday, August 12th. Finally, Freedom Capital upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and thirteen have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, ExxonMobil presently has an average rating of “Moderate Buy” and an average target price of $167.70.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Analyst upgrades and target increases: Zacks Research upgraded ExxonMobil from “hold” to “strong buy,” while Barclays raised its price target. These actions reinforce the bullish view and may support continued investor demand. Zacks upgrades ExxonMobil to strong buy Barclays raises ExxonMobil price target
• Positive Sentiment: Upstream growth potential: ExxonMobil’s low-cost Permian and Guyana assets could expand production through 2030. Higher crude prices and disciplined capital spending are improving project economics, while Guyana’s stronger-than-expected returns have accelerated investment recovery. ExxonMobil long-term upstream production capacity
• Positive Sentiment: Supportive oil market: Rising crude prices have helped lift ExxonMobil’s earnings outlook and share performance. The stock has substantially outperformed the broader market over the past year, benefiting from its integrated energy model and exposure to higher oil prices. Events that could move ExxonMobil stock
• Neutral Sentiment: Additional exploration catalyst: ExxonMobil is preparing to drill an exploration well in Trinidad after completing seismic work. A discovery could add future reserves, but the outcome and commercial viability remain uncertain. ExxonMobil Trinidad exploration well
• Negative Sentiment: Execution and valuation risks: ExxonMobil is trading near its recent high after a major advance, leaving the stock more sensitive to weaker oil prices or disappointing earnings. Its latest quarterly EPS modestly missed consensus, despite revenue exceeding estimates, making the upcoming earnings report an important near-term catalyst.

ExxonMobil Trading Up 0.2%

Shares of XOM opened at $178.14 on Thursday. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $180.26. The stock’s 50-day moving average is $164.95 and its two-hundred day moving average is $154.77. 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 stock has a market cap of $738.39 billion, a PE ratio of 22.93, a P/E/G ratio of 1.04 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last posted 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). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter last year, the business posted $1.64 EPS. Equities analysts forecast that ExxonMobil Corporation will post 12.46 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

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

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.