AlphaCore Capital LLC Acquires 132,856 Shares of ExxonMobil Corporation $XOM

AlphaCore Capital LLC lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 132,856.0% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 132,956 shares of the oil and gas company's stock after purchasing an additional 132,856 shares during the quarter. AlphaCore Capital LLC's holdings in ExxonMobil were worth $21,639,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds have also modified their holdings of XOM. GQG Partners LLC raised its holdings in ExxonMobil by 153.3% during the 2nd quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock worth $2,307,497,000 after buying an additional 10,214,420 shares during the period. Quantum Portfolio Management LLC bought a new position in ExxonMobil during the 1st quarter worth about $965,932,000. Arrowstreet Capital Limited Partnership acquired a new stake in shares of ExxonMobil in the 1st quarter valued at about $766,345,000. Dimensional Fund Advisors LP raised its stake in shares of ExxonMobil by 5.7% in 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 purchasing an additional 1,540,902 shares during the period. Finally, Fifth Third Bancorp lifted its holdings in shares of ExxonMobil by 63.3% in the first quarter. Fifth Third Bancorp now owns 3,371,424 shares of the oil and gas company's stock valued at $571,996,000 after purchasing an additional 1,307,465 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on the company. Jefferies Financial Group upped their price objective on ExxonMobil from $184.00 to $200.00 and gave the stock a "buy" rating in a research report on Monday, August 17th. Morgan Stanley increased their price objective on ExxonMobil from $185.00 to $187.00 and gave the stock an "overweight" rating in a report on Monday, November 2nd. Zacks Research raised ExxonMobil from a "hold" rating to a "strong-buy" rating in a research report on Monday, October 19th. HSBC restated a "hold" rating and issued a $90.00 target price on shares of ExxonMobil in a research note on Friday, September 25th. Finally, BMO Capital Markets upped their price target on ExxonMobil from $160.00 to $170.00 and gave the stock a "market perform" rating in a research report on Wednesday, August 12th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $170.38.

ExxonMobil Price Performance

Shares of NYSE XOM opened at $164.81 on Tuesday. The stock has a market capitalization of $672.29 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 0.83 and a beta of 0.16. The business has a 50-day moving average of $168.99 and a 200-day moving average of $155.57. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.19 and a quick ratio of 0.92. ExxonMobil Corporation has a fifty-two week low of $114.19 and a fifty-two week high of $188.50.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The business had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same quarter in the previous year, the business earned $1.88 earnings per share. As a group, sell-side analysts predict that ExxonMobil Corporation will post 13.34 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be paid a $1.07 dividend. This is a positive change from ExxonMobil's previous quarterly dividend of $1.03. This represents a $4.28 dividend on an annualized basis and a yield of 2.6%. The ex-dividend date is Monday, November 16th. ExxonMobil's dividend payout ratio is 42.34%.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon signed a preliminary agreement with Venezuela to evaluate oil opportunities, creating a possible avenue for future growth. The agreement is preliminary, so any commercial impact remains uncertain. Exxon signs preliminary agreement with Venezuela to evaluate oil opportunities
• Positive Sentiment: An investor on CNBC’s “Final Trades” selected ExxonMobil, offering a modest positive endorsement, though such picks are not a major fundamental catalyst. CNBC Final Trades
• Neutral Sentiment: A bullish investment thesis argues Exxon is better positioned than the energy-sector ETF XLE after the U.S. election; the headline provides no specific new company catalyst. ExxonMobil Is Better Positioned Than XLE Post-Election
• Neutral Sentiment: Coverage says Exxon’s 2026 gains have been supported by oil above $100 and strong refining margins. Those conditions bolster results, but the stock’s substantial run-up may leave it sensitive to changes in commodity prices. ExxonMobil Is Up 38% in 2026 and Chevron Is Up 39%
• Neutral Sentiment: An analyst raised Exxon’s price target to $162. The change is a positive revision, but the target offers limited upside relative to the $164.81 price in the supplied market data. ExxonMobil Price Target Raised to $162.00
• Negative Sentiment: Exxon paused work on its planned Texas hydrogen facility amid slow progress on hydrogen hubs, uncertain federal funding, and weak customer demand. The delay raises questions about the pace of its lower-carbon business plans. ExxonMobil Pauses Work On Its Texas Hydrogen Facility
• Negative Sentiment: Commentary cautions that oil prices are volatile and could fall, putting pressure on energy stocks trading near record highs. A pullback could weaken the commodity-driven support for Exxon’s shares. Exxon and Chevron Are Near Record Highs

About ExxonMobil

ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products.

The company's products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.

ExxonMobil serves customers and operates in markets around the world.

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