ExxonMobil Corporation $XOM Stock: AEGON ASSET MANAGEMENT UK Plc Boosts Holdings

AEGON ASSET MANAGEMENT UK Plc raised its holdings in ExxonMobil Corporation (NYSE:XOM - Free Report) by 25.0% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 427,824 shares of the oil and gas company's stock after purchasing an additional 85,637 shares during the quarter. AEGON ASSET MANAGEMENT UK Plc's holdings in ExxonMobil were worth $69,628,000 at the end of the most recent reporting period.

Several other hedge funds also recently added to or reduced their stakes in XOM. GQG Partners LLC lifted its holdings in shares of ExxonMobil by 153.3% in the 2nd quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company's stock valued at $2,307,497,000 after buying an additional 10,214,420 shares during the period. Quantum Portfolio Management LLC purchased a new stake in shares of ExxonMobil in the first quarter worth about $965,932,000. Arrowstreet Capital Limited Partnership acquired a new stake in ExxonMobil during the first quarter worth about $766,345,000. Dimensional Fund Advisors LP grew its holdings in ExxonMobil by 5.7% during the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company's stock worth $4,812,790,000 after acquiring an additional 1,540,902 shares during the period. Finally, Fifth Third Bancorp grew its holdings in ExxonMobil by 63.3% during the first quarter. Fifth Third Bancorp now owns 3,371,424 shares of the oil and gas company's stock worth $571,996,000 after acquiring an additional 1,307,465 shares during the period. 61.80% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of brokerages have issued reports on XOM. JPMorgan Chase & Co. boosted their price target on ExxonMobil from $158.00 to $166.00 and gave the company an "overweight" rating in a report on Monday, August 3rd. TD Cowen raised their price objective on shares of ExxonMobil from $180.00 to $193.00 and gave the stock a "buy" rating in a research note on Wednesday, November 4th. BMO Capital Markets increased their price target on shares of ExxonMobil from $160.00 to $170.00 and gave the stock a "market perform" rating in a report on Wednesday, August 12th. Weiss Ratings upgraded shares of ExxonMobil from a "buy (b)" rating to a "buy (b+)" rating in a research report on Wednesday, November 4th. Finally, Wall Street Zen upgraded ExxonMobil from a "hold" rating to a "buy" rating in a report on Saturday. One research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company's stock. According to data from MarketBeat, the company has an average rating of "Hold" and a consensus target price of $170.38.

ExxonMobil Trading Down 0.6%

Shares of XOM opened at $164.81 on Tuesday. ExxonMobil Corporation has a 12-month low of $114.19 and a 12-month high of $188.50. The firm has a market capitalization of $672.29 billion, a P/E ratio of 16.94, a P/E/G ratio of 0.83 and a beta of 0.16. The firm has a 50-day moving average price of $168.99 and a 200 day moving average price of $155.57. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11.

ExxonMobil (NYSE:XOM - Get Free Report) last issued its 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. The company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. During the same period in the previous year, the firm earned $1.88 earnings per share. Sell-side analysts forecast that ExxonMobil Corporation will post 13.34 EPS for the current year.

ExxonMobil Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be issued a dividend of $1.07 per share. The ex-dividend date is Monday, November 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. This is an increase from ExxonMobil's previous quarterly dividend of $1.03. ExxonMobil's payout ratio is 42.34%.

Key Stories Impacting ExxonMobil

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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