CMH Wealth Management LLC Makes New $3.08 Million Investment in ExxonMobil Corporation $XOM

Key Points

• CMH Wealth Management initiated a $3.08 million ExxonMobil position by purchasing 18,909 shares. Institutional investors collectively own 61.8% of XOM, with several major firms increasing their stakes.
• Analysts maintain a generally positive view, with a consensus rating of “Moderate Buy” and an average price target of $167.70; UBS has a $199 target, while Wells Fargo, RBC and Goldman Sachs remain more cautious.
• ExxonMobil shares opened at $183.23, near their 52-week high, while the company offers a $1.03 quarterly dividend, or $4.12 annually, yielding about 2.2%. Upcoming earnings, favorable oil prices and low-cost Permian and Guyana assets could provide support, though an Illinois refinery disruption presents a near-term risk.

CMH Wealth Management LLC acquired a new position in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) in the third quarter, according to its most recent 13F filing with the SEC. The institutional investor acquired 18,909 shares of the oil and gas company's stock, valued at approximately $3,077,000.

A number of other institutional investors also recently added to or reduced their stakes in XOM. GQG Partners LLC raised its holdings in ExxonMobil by 153.3% in 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 in the last quarter. Quantum Portfolio Management LLC purchased a new stake in ExxonMobil during the first quarter valued at approximately $965,932,000. Arrowstreet Capital Limited Partnership purchased a new stake in ExxonMobil during the first quarter valued at approximately $766,345,000. Diamant Asset Management Inc. boosted its stake in ExxonMobil by 17,312.4% in the first 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 acquiring an additional 2,171,322 shares in the last quarter. Finally, Dimensional Fund Advisors LP boosted its stake in ExxonMobil by 5.7% in the first 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 acquiring an additional 1,540,902 shares in the last quarter. Institutional investors own 61.80% of the company's stock.

Analyst Upgrades and Downgrades

Several research firms have issued reports on XOM. Wells Fargo & Company reaffirmed an "equal weight" rating and issued a $182.00 price target on shares of ExxonMobil in a report on Thursday, October 1st. Royal Bank Of Canada reiterated 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. The Goldman Sachs Group reissued a "neutral" rating and issued a $178.00 price objective on shares of ExxonMobil in a research report on Tuesday. Freedom Capital upgraded ExxonMobil from a "strong sell" rating to a "hold" rating in a research note on Tuesday, August 4th. Finally, UBS Group reaffirmed a "buy" rating and set a $199.00 target price on shares of ExxonMobil in a research report on Monday. One investment 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 stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Moderate Buy" and an average price target of $167.70.

Key Headlines Impacting ExxonMobil

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 Stock Up 2.8%

ExxonMobil stock opened at $183.23 on Friday. The business's 50-day simple moving average is $165.80 and its two-hundred day simple moving average is $155.09. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The company has a market cap of $759.46 billion, a PE ratio of 23.58, a PEG 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.

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

ExxonMobil Dividend Announcement

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

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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