Commonwealth Financial Services LLC Sells 8,203 Shares of ExxonMobil Corporation $XOM

Key Points

• Commonwealth Financial Services reduced its ExxonMobil stake by 40.3% in the third quarter, selling 8,203 shares and retaining 12,132 shares valued at approximately $1.97 million. Institutional investors collectively own 61.8% of XOM.
• ExxonMobil shares opened at $177.76, near their 12-month high of $180.26. The company recently reported $3.52 in quarterly EPS, slightly below estimates, but revenue of $114.53 billion exceeded expectations.
• ExxonMobil maintains a quarterly dividend of $1.03 per share, equivalent to a 2.3% annual yield. Analyst sentiment remains mixed, with an overall “Hold” rating and a consensus price target of $167.70, though some firms have issued higher targets and buy upgrades.

Commonwealth Financial Services LLC lessened its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 40.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 12,132 shares of the oil and gas company's stock after selling 8,203 shares during the period. Commonwealth Financial Services LLC's holdings in ExxonMobil were worth $1,974,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also bought and sold shares of the stock. Assetmark Inc. increased its holdings in shares of ExxonMobil by 8.3% during the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company's stock valued at $83,525,000 after acquiring an additional 37,666 shares in the last quarter. Charles Schwab Trust Co lifted its holdings in shares of ExxonMobil by 392.9% in the 2nd 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 in the last quarter. CV Advisors LLC lifted its holdings in shares of ExxonMobil by 126.7% in the 2nd 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 in the last quarter. Midwest Trust Co grew its position in ExxonMobil by 3.9% in the 1st 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 period. Finally, Envestnet Portfolio Solutions Inc. grew its position in ExxonMobil by 13.6% in the 2nd 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 period. 61.80% of the stock is owned by institutional investors.

ExxonMobil Stock Down 0.3%

XOM stock opened at $177.76 on Wednesday. ExxonMobil Corporation has a twelve month low of $111.99 and a twelve month high of $180.26. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. The stock's 50 day moving average is $164.58 and its 200-day moving average is $154.65. The firm has a market capitalization of $736.79 billion, a PE ratio of 22.88, a P/E/G ratio of 1.04 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results 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 net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion for the quarter, compared to analysts' expectations of $109.94 billion. During the same period in the previous year, the firm earned $1.64 EPS. Sell-side analysts expect that ExxonMobil Corporation will post 12.52 EPS for the current fiscal year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were paid a dividend of $1.03 per share. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a yield of 2.3%. ExxonMobil's dividend payout ratio (DPR) is 53.02%.

Analyst Upgrades and Downgrades

XOM has been the subject of a number of recent research reports. BMO Capital Markets boosted their price target on shares of ExxonMobil from $160.00 to $170.00 and gave the company a "market perform" rating in a research note on Wednesday, August 12th. Weiss Ratings raised shares of ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, September 29th. Jefferies Financial Group lifted their price objective on shares of ExxonMobil from $184.00 to $200.00 and gave the company a "buy" rating in a report on Monday, August 17th. Wall Street Zen upgraded shares of ExxonMobil to a "hold" rating in a report on Saturday, September 5th. Finally, Argus boosted their target price on shares of ExxonMobil from $169.00 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. Eleven analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the company's stock. According to data from MarketBeat.com, the company has an average rating of "Hold" and a consensus target price of $167.70.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target to $200 and upgraded XOM to “overweight,” implying further upside and reinforcing confidence in ExxonMobil’s integrated business and exposure to higher commodity prices. Barclays raises ExxonMobil price target
• Positive Sentiment: Rising crude prices remain the primary catalyst. Oil has surged sharply in 2026 amid Middle East tensions, supporting expectations for stronger upstream earnings, while ExxonMobil’s Permian operations are benefiting from production growth, drilling technology and cost discipline. Oil explorers benefiting from higher crude prices
• Positive Sentiment: Investor articles continue to view ExxonMobil favorably ahead of its earnings update, citing its scale and diversification across exploration, refining, chemicals and specialty products. Its aviation-lubricants distribution agreement in the Americas also modestly expands its aftermarket reach. ExxonMobil outlook ahead of earnings
• Neutral Sentiment: Shell’s planned expansion of Canadian LNG exports highlights continued industry investment in gas and LNG after major oil companies scaled back clean-energy ambitions. The move supports the long-term appeal of ExxonMobil’s LNG and integrated-energy strategy, but it is not a direct ExxonMobil announcement. Shell expands Canadian LNG operations
• Negative Sentiment: Crude prices retreated from recent highs after a waiver of Russia-related sanctions and tariffs, reducing near-term support for oil producers. Investors may also be cautious because ExxonMobil’s strong run has lifted valuation, while its latest reported quarter narrowly missed the earnings-per-share consensus despite beating revenue estimates. ExxonMobil shares and crude price pullback

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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