Capital Investment Advisors LLC Acquires New Shares in ExxonMobil Corporation $XOM

Key Points

• Capital Investment Advisors acquired 242,440 ExxonMobil shares during the third quarter, valued at approximately $39.5 million. Institutional investors collectively own 61.8% of XOM’s outstanding stock.
• Analyst sentiment remains moderately positive, with one Strong Buy, eleven Buy, and thirteen Hold ratings; the consensus target price is $167.70.
• ExxonMobil reported quarterly EPS of $3.52, slightly below estimates, but revenue exceeded expectations. The company maintains a quarterly dividend of $1.03, equivalent to a 2.2% annualized yield.

Capital Investment Advisors LLC acquired a new stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) during the third quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 242,440 shares of the oil and gas company's stock, valued at approximately $39,457,000.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in XOM. Dimensional Fund Advisors LP grew its position in 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 worth $4,812,790,000 after purchasing an additional 1,540,902 shares during the period. Amundi raised its stake in ExxonMobil by 5.1% during the 1st quarter. Amundi now owns 24,511,156 shares of the oil and gas company's stock valued at $4,158,563,000 after buying an additional 1,192,386 shares during the last quarter. GQG Partners LLC lifted its holdings in shares of 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 valued at $2,307,497,000 after buying an additional 10,214,420 shares during the period. Swiss National Bank lifted its holdings in shares of ExxonMobil by 5.9% during the 1st quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company's stock valued at $2,099,783,000 after buying an additional 693,800 shares during the period. Finally, National Pension Service boosted its stake in shares of ExxonMobil by 1.8% in the 2nd quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company's stock worth $1,321,265,000 after buying an additional 166,268 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several analysts recently commented on the company. Freedom Capital raised ExxonMobil from a "strong sell" rating to a "hold" rating in a report on Tuesday, August 4th. The Goldman Sachs Group reissued a "neutral" rating and issued a $178.00 target price on shares of ExxonMobil in a report on Tuesday, October 20th. BNP Paribas Exane dropped their target price on ExxonMobil from $165.00 to $155.00 and set a "neutral" rating on the stock in a research report on Friday, July 17th. HSBC reissued a "hold" rating and issued a $90.00 target price on shares of ExxonMobil in a research report on Friday, September 25th. Finally, Citigroup restated a "neutral" rating and set a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $167.70.

ExxonMobil Stock Up 0.0%

Shares of XOM stock opened at $183.23 on Monday. The company has a current ratio of 1.13, a quick ratio of 0.85 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 stock has a market cap of $759.46 billion, a P/E ratio of 23.58, a P/E/G ratio of 0.92 and a beta of 0.21. The company has a 50 day simple moving average of $165.80 and a two-hundred day simple moving average of $155.03.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its quarterly earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to analysts' expectations of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter in the prior year, the business earned $1.64 EPS. On average, research analysts expect that ExxonMobil Corporation will post 13.63 earnings per share for the current year.

ExxonMobil Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were paid a $1.03 dividend. This represents a $4.12 annualized dividend and a dividend yield of 2.2%. The ex-dividend date was Monday, August 17th. ExxonMobil's dividend payout ratio is 53.02%.

More ExxonMobil News

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

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.

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