Reyes Financial Architecture Inc. Purchases New Shares in ExxonMobil Corporation $XOM

Reyes Financial Architecture Inc. acquired a new position in shares of ExxonMobil Corporation (NYSE:XOM) in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 4,698 shares of the oil and gas company’s stock, valued at approximately $765,000. ExxonMobil makes up approximately 0.5% of Reyes Financial Architecture Inc.’s investment portfolio, making the stock its 23rd largest position.

A number of other hedge funds have also modified their holdings of the business. Avant Capital LLC raised its holdings in shares of ExxonMobil by 0.6% in the second quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company’s stock worth $1,529,000 after acquiring an additional 65 shares during the last quarter. Impact Partnership Wealth LLC lifted its position in shares of ExxonMobil by 0.6% in the first quarter. Impact Partnership Wealth LLC now owns 12,017 shares of the oil and gas company’s stock valued at $2,039,000 after acquiring an additional 67 shares in the last quarter. Cardinal Strategic Wealth Guidance boosted its stake in shares of ExxonMobil by 1.9% during the first quarter. Cardinal Strategic Wealth Guidance now owns 3,720 shares of the oil and gas company’s stock valued at $631,000 after acquiring an additional 68 shares during the last quarter. Core Wealth Advisors Inc. boosted its stake in shares of ExxonMobil by 1.0% during the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company’s stock valued at $1,155,000 after acquiring an additional 68 shares during the last quarter. Finally, Brown Shipley& Co Ltd increased its position in ExxonMobil by 5.4% during the 1st quarter. Brown Shipley& Co Ltd now owns 1,336 shares of the oil and gas company’s stock worth $227,000 after purchasing an additional 69 shares in the last quarter. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Stock Performance

NYSE:XOM opened at $183.23 on Friday. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The company has a market cap of $759.46 billion, a P/E ratio of 23.58, a P/E/G ratio of 0.89 and a beta of 0.21. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $183.75. The firm’s 50 day moving average is $165.80 and its two-hundred day moving average is $155.09.

ExxonMobil (NYSE:XOM) last announced its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share 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 earned $1.64 EPS. Analysts expect that ExxonMobil Corporation will post 13.63 EPS for the current year.

ExxonMobil Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were given a dividend of $1.03 per share. This represents a $4.12 dividend on an annualized basis and a yield of 2.2%. The ex-dividend date of this dividend was Monday, August 17th. ExxonMobil’s dividend payout ratio is 53.02%.

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
• Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
• Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
• Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
• Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
• Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. TD Cowen boosted their target price on shares of ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a research note on Monday, September 28th. JPMorgan Chase & Co. raised their price target on shares of ExxonMobil from $158.00 to $166.00 and gave the stock an “overweight” rating in a research note on Monday, August 3rd. Weiss Ratings upgraded shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. Argus lifted their price target on shares of ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Finally, Wells Fargo & Company reissued an “equal weight” rating and issued a $182.00 price objective on shares of ExxonMobil in a research report on Thursday, October 1st. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to MarketBeat, ExxonMobil has an average rating of “Moderate Buy” and an average price target of $167.70.

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.