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

Kuhn & Co Investment Counsel grew its stake in shares of ExxonMobil Corporation (NYSE:XOM) by 185.6% during the third quarter, Holdings Channel reports. The institutional investor owned 17,727 shares of the oil and gas company’s stock after purchasing an additional 11,520 shares during the quarter. ExxonMobil comprises 1.6% of Kuhn & Co Investment Counsel’s portfolio, making the stock its 13th biggest holding. Kuhn & Co Investment Counsel’s holdings in ExxonMobil were worth $2,885,000 at the end of the most recent reporting period.

Other hedge funds also recently made changes to their positions in the company. Assetmark Inc. increased its holdings in shares of ExxonMobil by 8.3% during the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock valued at $83,525,000 after acquiring an additional 37,666 shares in the last quarter. Charles Schwab Trust Co boosted its stake in ExxonMobil by 392.9% in the 2nd quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock worth $16,710,000 after purchasing an additional 97,424 shares in the last quarter. CV Advisors LLC boosted its stake in ExxonMobil by 126.7% in the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock worth $1,584,000 after purchasing an additional 6,478 shares in the last quarter. Midwest Trust Co boosted its stake in ExxonMobil by 3.9% in the 1st quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock worth $120,623,000 after purchasing an additional 26,411 shares in the last quarter. Finally, Argentarii LLC purchased a new stake in ExxonMobil during the 3rd quarter valued at about $3,929,000. 61.80% of the stock is owned by hedge funds and other institutional investors.

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $179.92 on Tuesday. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $188.50. The business has a 50-day simple moving average of $168.06 and a two-hundred day simple moving average 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) last announced its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, beating 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 net margin of 8.88% and a return on equity of 13.14%. During the same quarter last year, the firm posted $1.88 EPS. On average, analysts expect that ExxonMobil Corporation will post 13.58 earnings per share for the current year.

ExxonMobil Increases Dividend

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

Analyst Ratings Changes

A number of analysts have weighed in on XOM shares. 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. Freedom Capital upgraded shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a report on Monday, October 19th. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Finally, BNP Paribas Exane reduced their price target on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating for the company in a research report on Friday, July 17th. 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 company. Based on data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $168.70.

ExxonMobil News Roundup

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.