ExxonMobil Corporation $XOM Stock: Retirement Planning Group LLC Grows Position

Key Points

• Retirement Planning Group LLC increased its ExxonMobil position by 27.7% in the third quarter to 49,967 shares valued at approximately $8.1 million. Institutional investors collectively own 61.8% of XOM.
• Analyst sentiment remains mixed: ExxonMobil has a consensus “Hold” rating, with 11 Buy ratings and 14 Holds, and an average price target of $167.30. UBS maintained a $199 target, while BNP Paribas Exane lowered its target to $155.
• ExxonMobil reported quarterly EPS of $3.52, slightly below estimates, but revenue of $114.53 billion exceeded expectations. The company also paid a quarterly dividend of $1.03, equivalent to an annualized $4.12 and a 2.3% yield.

Retirement Planning Group LLC lifted its position in ExxonMobil Corporation (NYSE:XOM - Free Report) by 27.7% during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 49,967 shares of the oil and gas company's stock after buying an additional 10,827 shares during the period. Retirement Planning Group LLC's holdings in ExxonMobil were worth $8,132,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors also recently modified their holdings of XOM. Secure Asset Management LLC grew its position in ExxonMobil by 5.7% during the third quarter. Secure Asset Management LLC now owns 24,469 shares of the oil and gas company's stock valued at $3,982,000 after buying an additional 1,314 shares during the period. Worth Financial Advisory Group LLC increased its holdings in ExxonMobil by 2.4% during the third quarter. Worth Financial Advisory Group LLC now owns 11,559 shares of the oil and gas company's stock valued at $1,881,000 after buying an additional 270 shares during the last quarter. Columbia Asset Management purchased a new stake in ExxonMobil during the third quarter valued at approximately $3,610,000. Maia Wealth LLC raised its position in ExxonMobil by 7.1% in the third quarter. Maia Wealth LLC now owns 16,528 shares of the oil and gas company's stock worth $2,690,000 after acquiring an additional 1,102 shares during the period. Finally, Novem Group raised its position in ExxonMobil by 4.6% in the third quarter. Novem Group now owns 16,635 shares of the oil and gas company's stock worth $2,707,000 after acquiring an additional 737 shares during the period. Institutional investors own 61.80% of the company's stock.

Analysts Set New Price Targets

Several research analysts have recently weighed in on the stock. HSBC reiterated a "hold" rating and set a $90.00 price target on shares of ExxonMobil in a research note on Friday, September 25th. Wall Street Zen raised shares of ExxonMobil to a "hold" rating in a research report on Saturday, September 5th. UBS Group restated a "buy" rating and issued a $199.00 price objective on shares of ExxonMobil in a research note on Monday. BNP Paribas Exane decreased their target price on ExxonMobil from $165.00 to $155.00 and set a "neutral" rating on the stock in a report on Friday, July 17th. Finally, Weiss Ratings raised ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a report on Tuesday, September 29th. Eleven investment analysts have rated the stock with a Buy rating and fourteen have issued a Hold rating to the company's stock. According to MarketBeat.com, ExxonMobil currently has a consensus rating of "Hold" and an average price target of $167.30.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target on ExxonMobil from $177 to $200 and upgraded the stock to “overweight,” implying approximately 12% upside from the referenced price. The move reflects stronger analyst confidence in ExxonMobil’s earnings outlook. Barclays ExxonMobil price target update
• Positive Sentiment: ExxonMobil has indicated that stronger refining margins could provide a significant boost to third-quarter results, with estimates pointing to a potential $4.5 billion refining tailwind. Improving Permian production, drilling efficiency and cost discipline also support the company’s upstream outlook. ExxonMobil refining tailwind
• Positive Sentiment: Proponent became an authorized distributor of ExxonMobil Aviation lubricants in the Americas, expanding ExxonMobil’s aftermarket distribution reach. The announcement is strategically positive but likely has limited near-term earnings impact. ExxonMobil aviation lubricants distribution agreement
• Neutral Sentiment: Analyst commentary continues to highlight ExxonMobil’s diversified business across exploration, refining, chemicals and specialty products. That diversification supports cash generation and dividend security, although the stock’s yield is viewed as relatively modest. ExxonMobil dividend analysis
• Negative Sentiment: The main pressure on XOM is the decline in crude prices from recent highs. Lower oil prices can reduce upstream revenue and profit expectations, even as refining margins remain favorable. ExxonMobil shares and crude oil prices

ExxonMobil Stock Down 0.3%

XOM stock opened at $178.36 on Tuesday. The business's 50-day moving average price is $164.22 and its 200-day moving average price is $154.53. The stock has a market cap of $739.30 billion, a P/E ratio of 22.96, a PEG ratio of 1.04 and a beta of 0.21. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a twelve month low of $111.98 and a twelve month high of $179.30.

ExxonMobil (NYSE:XOM - Get Free Report) last released its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share (EPS) for the quarter, missing the consensus estimate of $3.56 by ($0.04). The firm had revenue of $114.53 billion during the quarter, compared to analysts' expectations of $109.94 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same period in the prior year, the company posted $1.64 earnings per share. On average, equities research analysts forecast that ExxonMobil Corporation will post 12.52 EPS for the current year.

ExxonMobil Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.3%. The ex-dividend date was Monday, August 17th. ExxonMobil's dividend payout ratio is presently 53.02%.

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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