ExxonMobil Corporation $XOM Stock Holdings Raised by Kuhn & Co Investment Counsel

Key Points

• Kuhn & Co Investment Counsel increased its ExxonMobil stake by 185.6% in the third quarter, owning 17,727 shares valued at approximately $2.89 million. Institutional investors collectively hold 61.8% of XOM’s outstanding shares.
• Analysts maintain a generally positive outlook, with ExxonMobil receiving a consensus “Moderate Buy” rating and an average price target of $168.70, despite ratings ranging from Hold to Overweight.
• ExxonMobil reported quarterly earnings of $4.23 per share, exceeding estimates, and raised its quarterly dividend from $1.03 to $1.07 per share, bringing the annualized dividend to $4.28.

Kuhn & Co Investment Counsel raised its stake in ExxonMobil Corporation (NYSE:XOM - Free Report) by 185.6% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 17,727 shares of the oil and gas company's stock after purchasing an additional 11,520 shares during the period. ExxonMobil accounts for 1.6% of Kuhn & Co Investment Counsel's holdings, making the stock its 13th biggest holding. Kuhn & Co Investment Counsel's holdings in ExxonMobil were worth $2,885,000 as of its most recent filing with the Securities and Exchange Commission.

Other institutional investors have also recently made changes to their positions in the company. CPA Asset Management Group LLC boosted its position in shares of ExxonMobil by 1.8% during the 3rd quarter. CPA Asset Management Group LLC now owns 3,450 shares of the oil and gas company's stock worth $561,000 after purchasing an additional 60 shares in the last quarter. DecisionMap Wealth Management LLC raised its stake in ExxonMobil by 2.2% during the 3rd quarter. DecisionMap Wealth Management LLC now owns 2,915 shares of the oil and gas company's stock worth $474,000 after buying an additional 62 shares during the period. WP Advisors LLC raised its stake in ExxonMobil by 3.0% during the 3rd quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company's stock worth $353,000 after buying an additional 63 shares during the period. Avant Capital LLC boosted its holdings in ExxonMobil by 0.6% in the second quarter. Avant Capital LLC now owns 11,182 shares of the oil and gas company's stock worth $1,529,000 after acquiring an additional 65 shares in the last quarter. Finally, Core Wealth Advisors Inc. boosted its holdings in ExxonMobil by 1.0% in the first quarter. Core Wealth Advisors Inc. now owns 6,805 shares of the oil and gas company's stock worth $1,155,000 after acquiring an additional 68 shares in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

Analysts Set New Price Targets

A number of brokerages have commented on XOM. HSBC restated a "hold" rating and set a $90.00 price target on shares of ExxonMobil in a research note on Friday, September 25th. Barclays raised their price objective on shares of ExxonMobil from $177.00 to $200.00 and gave the company an "overweight" rating in a research note on Monday, October 19th. BMO Capital Markets lifted their price objective on shares of ExxonMobil from $160.00 to $170.00 and gave the company a "market perform" rating in a report on Wednesday, August 12th. Bank of America downgraded shares of ExxonMobil from a "buy" rating to a "neutral" rating and boosted their target price for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Finally, Piper Sandler upped their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a "neutral" rating in a report on Thursday, September 3rd. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have assigned a Hold rating to the company's stock. Based on data from MarketBeat, ExxonMobil presently has an average rating of "Moderate Buy" and a consensus price target of $168.70.

ExxonMobil Trading Down 3.9%

NYSE:XOM opened at $179.92 on Tuesday. ExxonMobil Corporation has a 52 week low of $112.51 and a 52 week high of $188.50. The firm has a 50-day moving average price of $168.06 and a two-hundred day moving average price of $154.62. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13. The firm has a market cap of $745.75 billion, a price-to-earnings ratio of 18.49, a price-to-earnings-growth ratio of 0.91 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping analysts' consensus estimates of $4.12 by $0.11. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter in the previous year, the business earned $1.88 EPS. On average, equities analysts expect that ExxonMobil Corporation will post 13.58 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be given a dividend of $1.07 per share. This is an increase from ExxonMobil's previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a dividend yield of 2.4%. The ex-dividend date is Monday, November 16th. ExxonMobil's dividend payout ratio (DPR) is currently 42.34%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reported third-quarter adjusted earnings of $4.23 per share, ahead of consensus, while revenue increased roughly 33% year over year to approximately $110.5 billion-$113.2 billion. Refining-margin gains and continued LNG expansion supported the results. XOM Q3 Earnings Call Highlights Refining Strength and LNG Expansion
• Positive Sentiment: UBS raised its XOM price target to $213 and maintained a Buy rating. Morgan Stanley increased its target to $187 with an Overweight rating, while Wells Fargo lifted its target to $189 but retained Equal Weight. These revisions indicate continued confidence in ExxonMobil’s earnings and shareholder-return outlook. Analysts Boost Forecasts on ExxonMobil
• Positive Sentiment: The company raised its quarterly dividend 3.9% to $1.07 per share, its 44th consecutive annual increase. ExxonMobil also emphasized buybacks, debt reduction and strong free cash flow, reinforcing its appeal to income-focused investors. Exxon Dividend and Free Cash Flow
• Positive Sentiment: ExxonMobil agreed to take a 50% stake in Mozambique LNG, adding a long-term growth opportunity in liquefied natural gas and strengthening its global gas portfolio. ExxonMobil Takes 50% Stake in Mozambique LNG
• Neutral Sentiment: ExxonMobil’s shares were added to Securitize’s tokenized-stock platform on Solana. The move may improve market accessibility, but its near-term effect on ExxonMobil’s fundamentals and valuation is limited. Tokenized Stock Trading on Solana
• Negative Sentiment: Crude prices declined, prompting investors to take profits after XOM reached a record high following the earnings release. The stock’s elevated valuation also leaves less room for disappointment.
• Negative Sentiment: Although total earnings more than doubled year over year, adjusted upstream earnings fell about 20% sequentially. That decline raises concerns that refining strength, rather than broad-based production growth, drove much of the latest beat. ExxonMobil Earnings Vulnerability

About ExxonMobil

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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