Commonwealth Equity Services LLC Sells 77,680 Shares of ExxonMobil Corporation $XOM

Key Points

• Commonwealth Equity Services cut its ExxonMobil stake by 3.8%, selling 77,680 shares in the third quarter; it retained 1,950,979 shares valued at about $317.5 million.
• ExxonMobil beat quarterly earnings and revenue estimates, reporting EPS of $4.23 and revenue of $110.5 billion.
• The company raised its quarterly dividend from $1.03 to $1.07 per share, equivalent to an annualized $4.28 and a 2.6% yield; analysts’ consensus rating was “Hold.”

Commonwealth Equity Services LLC trimmed its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 3.8% in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 1,950,979 shares of the oil and gas company's stock after selling 77,680 shares during the period. Commonwealth Equity Services LLC's holdings in ExxonMobil were worth $317,522,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds and other institutional investors have also bought and sold shares of the company. TFB Advisors LLC purchased a new stake in shares of ExxonMobil in the third quarter worth about $235,000. Wealth Dimensions Group Ltd. boosted its position in shares of ExxonMobil by 1.0% in the third quarter. Wealth Dimensions Group Ltd. now owns 16,406 shares of the oil and gas company's stock valued at $2,670,000 after acquiring an additional 155 shares during the period. Collaborative Fund Advisors LLC boosted its position in shares of ExxonMobil by 14.0% in the third quarter. Collaborative Fund Advisors LLC now owns 7,531 shares of the oil and gas company's stock valued at $1,226,000 after acquiring an additional 924 shares during the period. Pathway Financial Advisers LLC grew its stake in ExxonMobil by 4.8% during the third quarter. Pathway Financial Advisers LLC now owns 8,787 shares of the oil and gas company's stock valued at $1,430,000 after acquiring an additional 402 shares in the last quarter. Finally, Bfsg LLC purchased a new position in ExxonMobil during the third quarter valued at approximately $9,811,000. Institutional investors own 61.80% of the company's stock.

ExxonMobil Trading Down 2.2%

Shares of ExxonMobil stock opened at $165.49 on Friday. 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 1 year low of $113.64 and a 1 year high of $188.50. The firm has a market cap of $675.06 billion, a PE ratio of 17.01, a PEG ratio of 0.83 and a beta of 0.16. The company has a 50 day simple moving average of $168.65 and a two-hundred day simple moving average of $155.24.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The company had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the firm posted $1.88 EPS. Analysts expect that ExxonMobil Corporation will post 13.54 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be paid a $1.07 dividend. This is a boost 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 of this dividend is Monday, November 16th. ExxonMobil's payout ratio is currently 42.34%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil and Chevron reported strong third-quarter results, helped by refining performance and cost discipline. Exxon also raised its dividend for the 44th consecutive year, while debt reduction and buybacks support shareholder returns. Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
• Positive Sentiment: A proposed sale of Infineum, ExxonMobil’s joint venture with Shell, could bring in a multibillion-dollar sum and streamline the portfolio, though no transaction has been announced. Is ExxonMobil Holdings Rethinking Its Portfolio With an Infineum Exit?
• Positive Sentiment: The company plans to invest $10 billion in refining through 2030, including an expansion targeting 100,000 barrels per day of additional diesel output. The investment may improve efficiency and cash flow, although returns depend on market conditions. Will ExxonMobil's Diesel Expansion Boost Refining Profit?
• Neutral Sentiment: Analyst opinion is divided after results: TD Cowen raised its target and kept a Buy rating, while Citi raised its target but maintained Neutral. ExxonMobil’s stock is up more than 43% in 2026, which may also temper expectations. Wall Street Is Split on ExxonMobil Following Q3 Results
• Negative Sentiment: Some commentary points to easing physical oil demand and argues oil may not return to $100, a potential headwind for earnings given ExxonMobil’s commodity-price sensitivity. DZ Bank also downgraded the shares to Sell. What Lower Inflation and Oil Prices Could Mean for Energy Stocks

Wall Street Analyst Weigh In

XOM has been the topic of a number of analyst reports. Bank of America lowered shares of ExxonMobil from a "buy" rating to a "neutral" rating and upped their target price for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Piper Sandler raised their price target on shares of ExxonMobil from $158.00 to $185.00 and gave the company a "neutral" rating in a report on Thursday, September 3rd. Weiss Ratings upgraded shares of ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, September 29th. Zacks Research raised shares of ExxonMobil from a "hold" rating to a "strong-buy" rating in a report on Monday, October 19th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, ExxonMobil currently has a consensus rating of "Hold" and an average target price of $170.74.

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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