ExxonMobil Corporation $XOM Shares Purchased by Leuthold Group LLC

Key Points

• Leuthold Group LLC increased its ExxonMobil stake by 766.7% in the third quarter, adding 50,424 shares to hold 57,001 shares worth about $9.3 million. Institutional investors and hedge funds own 61.8% of the stock.
• ExxonMobil beat quarterly estimates, reporting earnings of $4.23 per share and revenue of $110.5 billion. The company also raised its quarterly dividend from $1.03 to $1.07 per share.
• Analysts’ consensus rating was Hold, with a consensus price target of $170.38; shares were quoted at $164.81 in the article.

Leuthold Group LLC grew its stake in shares of ExxonMobil Corporation (NYSE:XOM - Free Report) by 766.7% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund owned 57,001 shares of the oil and gas company's stock after buying an additional 50,424 shares during the period. Leuthold Group LLC's holdings in ExxonMobil were worth $9,277,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors also recently modified their holdings of XOM. Palacios Wealth Management LLC grew its position in shares of ExxonMobil by 5.5% during the 3rd quarter. Palacios Wealth Management LLC now owns 3,278 shares of the oil and gas company's stock worth $533,000 after buying an additional 172 shares during the period. Clear Wave Wealth Management LLC increased its stake in shares of ExxonMobil by 10.9% in the 3rd quarter. Clear Wave Wealth Management LLC now owns 4,910 shares of the oil and gas company's stock valued at $799,000 after acquiring an additional 481 shares during the last quarter. Joseph Group Capital Management raised its position in shares of ExxonMobil by 28.4% in the 3rd quarter. Joseph Group Capital Management now owns 1,161 shares of the oil and gas company's stock valued at $189,000 after acquiring an additional 257 shares during the period. rebel Financial LLC acquired a new stake in shares of ExxonMobil in the 3rd quarter valued at approximately $350,000. Finally, Griffith & Werner Inc. bought a new position in ExxonMobil during the 3rd quarter worth approximately $8,092,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.

ExxonMobil Stock Down 0.6%

Shares of ExxonMobil stock opened at $164.81 on Tuesday. ExxonMobil Corporation has a 1 year low of $114.19 and a 1 year high of $188.50. The business has a 50-day moving average of $168.99 and a two-hundred day moving average of $155.57. The company has a market capitalization of $672.29 billion, a P/E ratio of 16.94, a price-to-earnings-growth ratio of 0.83 and a beta of 0.16. 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 (NYSE:XOM - Get Free Report) last released its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping 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 company had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. During the same quarter last year, the firm posted $1.88 earnings per share. As a group, equities analysts predict that ExxonMobil Corporation will post 13.34 EPS for the current year.

ExxonMobil Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be given a $1.07 dividend. The ex-dividend date is Monday, November 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.6%. This is a boost from ExxonMobil's previous quarterly dividend of $1.03. ExxonMobil's payout ratio is presently 42.34%.

Analyst Upgrades and Downgrades

A number of brokerages recently issued reports on XOM. Barclays boosted their price objective on shares of ExxonMobil from $177.00 to $200.00 and gave the company an "overweight" rating in a report on Monday, October 19th. Morgan Stanley upped their target price on shares of ExxonMobil from $185.00 to $187.00 and gave the company an "overweight" rating in a research note on Monday, November 2nd. The Goldman Sachs Group reiterated a "neutral" rating and issued a $178.00 target price on shares of ExxonMobil in a report on Tuesday, October 20th. Weiss Ratings raised shares of ExxonMobil from a "buy (b)" rating to a "buy (b+)" rating in a research report on Wednesday, November 4th. Finally, Freedom Broker lifted their price target on shares of ExxonMobil from $142.00 to $162.00 and gave the stock a "hold" rating in a research report on Friday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of "Hold" and a consensus target price of $170.38.

More ExxonMobil News

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

ExxonMobil Company Profile

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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