ExxonMobil Corporation $XOM Stock Purchased by Bank Julius Baer & Co. Ltd Zurich

Key Points

• Bank Julius Baer increased its ExxonMobil stake by 10.3% in the third quarter, acquiring 209,830 additional shares and bringing its holdings to 2.25 million shares valued at approximately $366.2 million. Institutional investors collectively own 61.8% of ExxonMobil.
• ExxonMobil reported quarterly earnings of $4.23 per share, exceeding analyst expectations, with revenue of $110.5 billion. Strong refining margins helped offset weaker upstream performance.
• The company raised its quarterly dividend from $1.03 to $1.07 per share, equal to a $4.28 annualized payout and a 2.3% yield. Shares were trading near their 52-week high, while analysts maintained a “Moderate Buy” consensus rating.

Bank Julius Baer & Co. Ltd Zurich boosted its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 10.3% during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 2,253,880 shares of the oil and gas company's stock after acquiring an additional 209,830 shares during the quarter. ExxonMobil accounts for 0.9% of Bank Julius Baer & Co. Ltd Zurich's holdings, making the stock its 25th largest holding. Bank Julius Baer & Co. Ltd Zurich owned 0.05% of ExxonMobil worth $366,204,000 at the end of the most recent quarter.

Several other large investors also recently added to or reduced their stakes in the business. GQG Partners LLC boosted its position in shares of ExxonMobil by 153.3% during the second 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 bought a new position in ExxonMobil in the 1st quarter worth approximately $965,932,000. Arrowstreet Capital Limited Partnership acquired a new stake in ExxonMobil in the first quarter valued at approximately $766,345,000. Dimensional Fund Advisors LP boosted 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 valued at $4,812,790,000 after purchasing an additional 1,540,902 shares in the last quarter. 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 valued at $571,996,000 after purchasing an additional 1,307,465 shares during the period. Institutional investors own 61.80% of the company's stock.

ExxonMobil Trading Down 0.1%

ExxonMobil stock opened at $187.03 on Monday. 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 $167.76 and a two-hundred day moving average price of $154.35. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $775.23 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 0.94 and a beta of 0.21.

ExxonMobil (NYSE:XOM - Get Free Report) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating analysts' consensus estimates of $4.12 by $0.11. The company had revenue of $110.50 billion during the quarter, compared to analysts' expectations of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same period in the prior year, the business posted $1.88 EPS. Sell-side analysts expect that ExxonMobil Corporation will post 13.58 earnings per share 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 paid a dividend of $1.07 per share. This is a boost from ExxonMobil's previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. This represents a $4.28 annualized dividend and a dividend yield of 2.3%. ExxonMobil's dividend payout ratio is presently 42.34%.

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q3 earnings exceeded expectations. ExxonMobil reported adjusted earnings of $4.23 per share, ahead of the roughly $4.08–$4.12 analyst consensus and well above $1.88 a year earlier. Net income reached approximately $15.4 billion, while revenue also surpassed estimates. ExxonMobil Announces Third-Quarter 2026 Results
• Positive Sentiment: Refining was the key profit driver. Record or unusually strong refining margins, particularly for diesel, more than offset weaker upstream results and lifted earnings, cash flow and shareholder returns. Exxon’s refining operations earned more than its oil-production business for the first time in six years. Exxon, Chevron earnings propelled by war-driven refining surge
• Positive Sentiment: Shareholder distributions are expanding. ExxonMobil raised its dividend by approximately 3.9%–4% and plans $20 billion in share repurchases during 2027. The company also highlighted production gains from Guyana, Kearl and PNG LNG, supporting its long-term growth profile. ExxonMobil Raises Dividend by 3.9%, Sets $20 Billion 2027 Buyback Plan
• Positive Sentiment: Higher oil prices provided a favorable backdrop. Brent crude approached $120 per barrel as Middle East tensions and other geopolitical disruptions tightened energy markets. Investors also showed bullish positioning through unusually heavy call-option activity.
• Neutral Sentiment: ExxonMobil CEO Darren Woods said global refining disruptions may not have a quick fix. While this could sustain margins, it also underscores continuing geopolitical and operational uncertainty. The company and Chevron additionally canceled executive travel to a Gulf energy conference because of security concerns. ExxonMobil CEO Sees No Quick Fix for Global Refining Disruptions
• Negative Sentiment: After a powerful rally, XOM offers new investors a substantially lower dividend yield than it did at the start of the year. Its valuation and dependence on elevated, potentially temporary refining margins may limit further upside if oil prices or fuel spreads retreat.

Wall Street Analyst Weigh In

A number of analysts recently commented on XOM shares. TD Cowen upped their price target on shares of ExxonMobil from $168.00 to $180.00 and gave the company a "buy" rating in a research note on Monday, September 28th. UBS Group reaffirmed a "buy" rating and issued a $199.00 target price on shares of ExxonMobil in a report on Monday, October 19th. Morgan Stanley lifted their target price on ExxonMobil from $177.00 to $185.00 and gave the company an "overweight" rating in a research note on Thursday, October 15th. HSBC reiterated a "hold" rating and issued a $90.00 price target on shares of ExxonMobil in a research report on Friday, September 25th. Finally, Argus lifted their price objective on ExxonMobil from $169.00 to $175.00 and gave the stock a "buy" rating in a research report on Tuesday, August 11th. One equities research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have given a Hold rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and an average price target of $167.70.

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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