ExxonMobil Corporation $XOM Shares Newly Bought by Woodward Diversified Capital LLC

Woodward Diversified Capital LLC purchased a new stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor purchased 60,235 shares of the oil and gas company’s stock, valued at approximately $9,803,000. ExxonMobil accounts for 3.7% of Woodward Diversified Capital LLC’s holdings, making the stock its 4th biggest position.

A number of other large investors have also added to or reduced their stakes in XOM. Essential Planning LLC. purchased a new stake in ExxonMobil in the 3rd quarter worth about $225,000. Lmcg Investments LLC bought a new stake in ExxonMobil in the 3rd quarter valued at about $13,339,000. Crescent Grove Advisors LLC lifted its holdings in ExxonMobil by 21.1% during the third quarter. Crescent Grove Advisors LLC now owns 12,289 shares of the oil and gas company’s stock valued at $2,000,000 after purchasing an additional 2,145 shares during the last quarter. Cardinal Capital Management lifted its holdings in ExxonMobil by 2.2% during the third quarter. Cardinal Capital Management now owns 117,606 shares of the oil and gas company’s stock valued at $19,140,000 after purchasing an additional 2,579 shares during the last quarter. Finally, Oakmont Investment Advisors Inc. lifted its holdings in ExxonMobil by 1.8% during the third quarter. Oakmont Investment Advisors Inc. now owns 5,942 shares of the oil and gas company’s stock valued at $967,000 after purchasing an additional 104 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil News Roundup

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
  • Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
  • Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
  • Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
  • Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
  • Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

Analyst Ratings Changes

XOM has been the subject of a number of research reports. JPMorgan Chase & Co. increased their target price on shares of ExxonMobil from $158.00 to $166.00 and gave the stock an “overweight” rating in a research report on Monday, August 3rd. Zacks Research raised shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Citigroup reaffirmed a “neutral” rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. TD Cowen upped their target price on shares of ExxonMobil from $168.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, September 28th. Finally, HSBC reiterated a “hold” rating and issued a $90.00 target price on shares of ExxonMobil in a research note on Friday, September 25th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have assigned a Hold rating to the company. Based on data from MarketBeat.com, ExxonMobil currently has a consensus rating of “Moderate Buy” and an average price target of $167.70.

Get Our Latest Stock Report on XOM

ExxonMobil Stock Up 2.8%

XOM stock opened at $183.23 on Friday. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The company’s 50 day moving average is $165.80 and its 200 day moving average is $155.09. The stock has a market cap of $759.46 billion, a price-to-earnings ratio of 23.58, a price-to-earnings-growth ratio of 0.89 and a beta of 0.21. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $183.75.

ExxonMobil (NYSE:XOM – Get Free Report) last announced its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The company had revenue of $114.53 billion during the quarter, compared to analysts’ expectations of $109.94 billion. During the same period in the prior year, the business earned $1.64 earnings per share. Sell-side analysts predict that ExxonMobil Corporation will post 13.63 EPS for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were issued a $1.03 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.2%. ExxonMobil’s dividend payout ratio is presently 53.02%.

ExxonMobil Company Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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