19,730 ExxonMobil Corporation $XOM Shares Acquired by Beaumont Financial Advisors LLC

Key Points

• Beaumont Financial Advisors more than doubled its ExxonMobil stake in the third quarter, acquiring 19,730 additional shares for a total of 36,545 shares valued at approximately $5.95 million.
• Institutional investors own 61.8% of ExxonMobil, with several funds—including Charles Schwab Trust, CV Advisors, Midwest Trust and Envestnet Portfolio Solutions—also increasing their positions.
• ExxonMobil was trading near its 12-month high at $183.23 and paid a quarterly dividend of $1.03 per share, equivalent to a 2.2% annualized yield. Analysts’ consensus rating was “Moderate Buy,” with an average price target of $167.70.

Beaumont Financial Advisors LLC increased its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 117.3% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 36,545 shares of the oil and gas company's stock after buying an additional 19,730 shares during the quarter. Beaumont Financial Advisors LLC's holdings in ExxonMobil were worth $5,948,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in XOM. Assetmark Inc. lifted its holdings in ExxonMobil by 8.3% during the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company's stock valued at $83,525,000 after purchasing an additional 37,666 shares during the last quarter. Charles Schwab Trust Co boosted its position in ExxonMobil by 392.9% during the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company's stock worth $16,710,000 after purchasing an additional 97,424 shares during the period. CV Advisors LLC boosted its position in ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company's stock worth $1,584,000 after purchasing an additional 6,478 shares during the period. Midwest Trust Co increased its holdings in shares of ExxonMobil by 3.9% in the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company's stock valued at $120,623,000 after purchasing an additional 26,411 shares during the last quarter. Finally, Envestnet Portfolio Solutions Inc. increased its holdings in shares of ExxonMobil by 13.6% in the second quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company's stock valued at $34,648,000 after purchasing an additional 30,423 shares during the last quarter. 61.80% of the stock is owned by institutional investors.

ExxonMobil Trading Up 0.0%

Shares of ExxonMobil stock opened at $183.23 on Monday. The company has a market capitalization of $759.46 billion, a price-to-earnings ratio of 23.58, a PEG ratio of 0.92 and a beta of 0.21. 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 12-month low of $112.51 and a 12-month high of $183.75. The firm's 50-day moving average price is $165.80 and its two-hundred day moving average price is $155.03.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 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 net margin of 8.88% and a return on equity of 13.14%. During the same period in the prior year, the business earned $1.64 earnings per share. On average, analysts forecast that ExxonMobil Corporation will post 13.63 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

The company also recently declared 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. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.2%. ExxonMobil's dividend payout ratio (DPR) is currently 53.02%.

Analyst Ratings Changes

XOM has been the topic of several research analyst reports. Citigroup reissued a "neutral" rating and issued a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. Weiss Ratings upgraded shares of ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, September 29th. Barclays increased their target price on ExxonMobil from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Monday, October 19th. The Goldman Sachs Group reissued a "neutral" rating and set a $178.00 price target on shares of ExxonMobil in a report on Tuesday, October 20th. Finally, Wall Street Zen raised ExxonMobil from a "hold" rating to a "buy" rating in a report on Saturday. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have given a Hold rating to the company's stock. According to data from MarketBeat.com, ExxonMobil has an average rating of "Moderate Buy" and an average target price of $167.70.

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

ExxonMobil Company 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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