ExxonMobil Corporation $XOM Shares Sold by Robeco Institutional Asset Management B.V.

Key Points

• Robeco Institutional Asset Management reduced its ExxonMobil stake by 5.8% in the third quarter, selling 117,529 shares and retaining 1.90 million shares valued at approximately $309.8 million. Institutional investors own 61.8% of XOM.
• ExxonMobil shares opened at $178.14, near their 52-week high of $180.26, while analysts maintain a “Moderate Buy” consensus and several firms recently raised price targets to as high as $200.
• The company reported quarterly EPS of $3.52, slightly below estimates, despite revenue exceeding expectations, and pays a quarterly dividend of $1.03 per share, equal to a 2.3% yield.

Robeco Institutional Asset Management B.V. cut its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 5.8% in the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,903,718 shares of the oil and gas company's stock after selling 117,529 shares during the quarter. Robeco Institutional Asset Management B.V.'s holdings in ExxonMobil were worth $309,830,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in XOM. Sensible Money LLC acquired a new position in shares of ExxonMobil in the 3rd quarter valued at $250,000. Wagner Wealth Management Corp purchased a new position in ExxonMobil in the 3rd quarter worth $601,000. Zullo Investment Group Inc. acquired a new stake in ExxonMobil during the 3rd quarter worth about $1,204,000. Diversify Advisory Services LLC lifted its position in ExxonMobil by 9.3% during the 3rd quarter. Diversify Advisory Services LLC now owns 116,330 shares of the oil and gas company's stock worth $20,321,000 after acquiring an additional 9,881 shares during the period. Finally, Capital Management Associates Inc acquired a new stake in ExxonMobil during the 3rd quarter worth about $230,000. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Trading Up 0.2%

Shares of ExxonMobil stock opened at $178.14 on Thursday. The firm has a 50-day simple moving average of $164.95 and a two-hundred day simple moving average of $154.77. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $180.26. The company has a market cap of $738.39 billion, a P/E ratio of 22.93, a price-to-earnings-growth ratio of 1.04 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts' consensus estimates of $3.56 by ($0.04). The business had revenue of $114.53 billion during the quarter, compared to analysts' expectations of $109.94 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same quarter last year, the firm earned $1.64 earnings per share. As a group, equities analysts predict that ExxonMobil Corporation will post 12.46 earnings per share for the current fiscal year.

ExxonMobil Announces Dividend

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

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Analyst upgrades and target increases: Zacks Research upgraded ExxonMobil from “hold” to “strong buy,” while Barclays raised its price target. These actions reinforce the bullish view and may support continued investor demand. Zacks upgrades ExxonMobil to strong buy Barclays raises ExxonMobil price target
• Positive Sentiment: Upstream growth potential: ExxonMobil’s low-cost Permian and Guyana assets could expand production through 2030. Higher crude prices and disciplined capital spending are improving project economics, while Guyana’s stronger-than-expected returns have accelerated investment recovery. ExxonMobil long-term upstream production capacity
• Positive Sentiment: Supportive oil market: Rising crude prices have helped lift ExxonMobil’s earnings outlook and share performance. The stock has substantially outperformed the broader market over the past year, benefiting from its integrated energy model and exposure to higher oil prices. Events that could move ExxonMobil stock
• Neutral Sentiment: Additional exploration catalyst: ExxonMobil is preparing to drill an exploration well in Trinidad after completing seismic work. A discovery could add future reserves, but the outcome and commercial viability remain uncertain. ExxonMobil Trinidad exploration well
• Negative Sentiment: Execution and valuation risks: ExxonMobil is trading near its recent high after a major advance, leaving the stock more sensitive to weaker oil prices or disappointing earnings. Its latest quarterly EPS modestly missed consensus, despite revenue exceeding estimates, making the upcoming earnings report an important near-term catalyst.

Wall Street Analysts Forecast Growth

A number of research firms recently commented on XOM. UBS Group reaffirmed a "buy" rating and set a $199.00 target price on shares of ExxonMobil in a report on Monday. Barclays raised their price target on shares of ExxonMobil from $177.00 to $200.00 and gave the stock an "overweight" rating in a research report on Monday. Weiss Ratings raised shares of ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research report on Tuesday, September 29th. Argus lifted their price objective on shares of ExxonMobil from $169.00 to $175.00 and gave the company a "buy" rating in a research note on Tuesday, August 11th. Finally, Royal Bank Of Canada reaffirmed a "sector perform" rating and issued a $180.00 price objective (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 assigned a Buy rating and thirteen have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus price target of $167.70.

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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