First Nebraska Trust Co Acquires 56,591 Shares of ExxonMobil Corporation $XOM

First Nebraska Trust Co acquired a new stake in ExxonMobil Corporation (NYSE:XOM - Free Report) during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund acquired 56,591 shares of the oil and gas company's stock, valued at approximately $9,210,000. ExxonMobil accounts for 0.8% of First Nebraska Trust Co's investment portfolio, making the stock its 27th biggest position.

Several other institutional investors have also recently added to or reduced their stakes in XOM. GQG Partners LLC boosted its holdings in shares of ExxonMobil by 153.3% in 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 acquiring an additional 10,214,420 shares in the last quarter. Quantum Portfolio Management LLC purchased a new position in ExxonMobil during the 1st quarter valued at about $965,932,000. Arrowstreet Capital Limited Partnership acquired a new position in shares of ExxonMobil during the 1st quarter worth approximately $766,345,000. Dimensional Fund Advisors LP raised its holdings in shares of ExxonMobil by 5.7% in 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 last quarter. Finally, Fifth Third Bancorp lifted its holdings in ExxonMobil by 63.3% in the 1st 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 in the last quarter. Institutional investors and hedge funds own 61.80% of the company's stock.

ExxonMobil Price Performance

NYSE XOM opened at $177.50 on Wednesday. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $188.50. The stock has a market capitalization of $735.72 billion, a P/E ratio of 18.24, a P/E/G ratio of 0.90 and a beta of 0.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. The business's fifty day moving average is $168.33 and its two-hundred day moving average is $154.86.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data 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 firm had revenue of $110.50 billion during the quarter, compared to analyst estimates of $104.89 billion. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. During the same quarter last year, the business posted $1.88 EPS. On average, research analysts forecast that ExxonMobil Corporation will post 13.61 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The firm also recently disclosed 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 represents a $4.28 dividend on an annualized basis and a yield of 2.4%. The ex-dividend date is Monday, November 16th. This is a boost from ExxonMobil's previous quarterly dividend of $1.03. ExxonMobil's dividend payout ratio is 42.34%.

Key Headlines Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon beat third-quarter earnings expectations, with adjusted EPS of $4.23. Refining strength, improved margins and record downstream utilization helped offset weaker upstream earnings. How Investors Are Reacting To ExxonMobil Stock Earnings
• Positive Sentiment: Investors are also receiving substantial cash returns: Exxon raised its quarterly dividend to $1.07 per share and increased its share-repurchase authorization to $110 billion. UBS raised its price target to $213 and kept a Buy rating after the results. UBS raises ExxonMobil price target
• Positive Sentiment: XOM’s move above its 200-day moving average is a technical signal some investors view as supportive of a longer-term uptrend. The company also took a 50% stake in Mozambique LNG, adding to its long-term growth opportunities. ExxonMobil crosses its 200-day moving average
• Neutral Sentiment: Oil traders are weighing conflicting signals about U.S.-Iran tensions and the possibility of a deal. Any change in perceived supply risk could move crude prices—and Exxon’s upstream outlook—in either direction. Report on U.S.-Iran tensions and oil markets
• Negative Sentiment: After a strong run, XOM’s valuation is considered elevated, leaving less room for disappointment. Upstream earnings declined sequentially, and lower crude prices could add pressure; the retreat from recent highs suggests investors are taking profits and reassessing how much good news is already priced in. ExxonMobil stock valuation and outlook

Wall Street Analyst Weigh In

A number of brokerages have issued reports on XOM. Jefferies Financial Group raised their price target on ExxonMobil from $184.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, August 17th. Barclays raised their price objective on ExxonMobil from $177.00 to $200.00 and gave the company an "overweight" rating in a research report on Monday, October 19th. Weiss Ratings upgraded ExxonMobil from a "buy (b-)" rating to a "buy (b)" rating in a research note on Tuesday, September 29th. The Goldman Sachs Group reissued a "neutral" rating and set a $178.00 price objective on shares of ExxonMobil in a report on Tuesday, October 20th. Finally, Bank of America downgraded ExxonMobil from a "buy" rating to a "neutral" rating and boosted their price target for the company from $154.00 to $158.00 in a report on Tuesday, July 28th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the stock. According to MarketBeat, the stock has an average rating of "Moderate Buy" and an average target price of $168.70.

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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