Leuthold Group LLC increased its stake in ExxonMobil Corporation (NYSE:XOM – Free Report) by 766.7% in the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 57,001 shares of the oil and gas company’s stock after purchasing an additional 50,424 shares during the period. Leuthold Group LLC’s holdings in ExxonMobil were worth $9,277,000 as of its most recent filing with the Securities and Exchange Commission.
Other large investors have also recently added to or reduced their stakes in the company. NBT Bank N.A. acquired a new stake in shares of ExxonMobil in the 3rd quarter valued at about $26,000. Aventus Investment Advisors Inc. acquired a new position in shares of ExxonMobil during the second quarter worth about $27,000. Atlantic Private Wealth LLC boosted its position in shares of ExxonMobil by 776.9% during the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after buying an additional 202 shares during the period. Pioneer Family Office LLC acquired a new position in shares of ExxonMobil during the third quarter worth about $42,000. Finally, Financial Connections Group Inc. bought a new position in shares of ExxonMobil during the first quarter worth about $53,000. Institutional investors own 61.80% of the company’s stock.
Key ExxonMobil News
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Exxon signed a preliminary agreement with Venezuela to evaluate oil opportunities, creating a possible avenue for future growth. The agreement is preliminary, so any commercial impact remains uncertain. Exxon signs preliminary agreement with Venezuela to evaluate oil opportunities
- Positive Sentiment: An investor on CNBC’s “Final Trades” selected ExxonMobil, offering a modest positive endorsement, though such picks are not a major fundamental catalyst. CNBC Final Trades
- Neutral Sentiment: A bullish investment thesis argues Exxon is better positioned than the energy-sector ETF XLE after the U.S. election; the headline provides no specific new company catalyst. ExxonMobil Is Better Positioned Than XLE Post-Election
- Neutral Sentiment: Coverage says Exxon’s 2026 gains have been supported by oil above $100 and strong refining margins. Those conditions bolster results, but the stock’s substantial run-up may leave it sensitive to changes in commodity prices. ExxonMobil Is Up 38% in 2026 and Chevron Is Up 39%
- Neutral Sentiment: An analyst raised Exxon’s price target to $162. The change is a positive revision, but the target offers limited upside relative to the $164.81 price in the supplied market data. ExxonMobil Price Target Raised to $162.00
- Negative Sentiment: Exxon paused work on its planned Texas hydrogen facility amid slow progress on hydrogen hubs, uncertain federal funding, and weak customer demand. The delay raises questions about the pace of its lower-carbon business plans. ExxonMobil Pauses Work On Its Texas Hydrogen Facility
- Negative Sentiment: Commentary cautions that oil prices are volatile and could fall, putting pressure on energy stocks trading near record highs. A pullback could weaken the commodity-driven support for Exxon’s shares. Exxon and Chevron Are Near Record Highs
ExxonMobil Trading Down 0.6%
Shares of NYSE:XOM opened at $164.81 on Tuesday. The company’s 50-day moving average price is $168.99 and its two-hundred day moving average price is $155.57. The company has a debt-to-equity ratio of 0.11, a current ratio of 1.19 and a quick ratio of 0.92. ExxonMobil Corporation has a one year low of $114.19 and a one year high of $188.50. The stock has a market capitalization of $672.29 billion, a PE ratio of 16.94, a price-to-earnings-growth ratio of 0.83 and a beta of 0.16.
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 company had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. During the same period in the prior year, the business posted $1.88 EPS. On average, equities analysts forecast that ExxonMobil Corporation will post 13.34 EPS for the current fiscal 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 dividend of $1.07 per share. The ex-dividend date is Monday, November 16th. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a yield of 2.6%. ExxonMobil’s dividend payout ratio is currently 42.34%.
Wall Street Analysts Forecast Growth
XOM has been the topic of a number of recent research reports. Freedom Broker lifted their target price on ExxonMobil from $142.00 to $162.00 and gave the company a “hold” rating in a research report on Friday. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. TD Cowen upped their price target on ExxonMobil from $180.00 to $193.00 and gave the stock a “buy” rating in a research report on Wednesday, November 4th. Bank of America downgraded ExxonMobil from a “buy” rating to a “neutral” rating and upped their price target for the stock from $154.00 to $158.00 in a research report on Tuesday, July 28th. Finally, William Blair started coverage on shares of ExxonMobil in a research note on Wednesday, October 28th. They set a “market perform” rating for the company. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $170.38.
View Our Latest Report on ExxonMobil
ExxonMobil Profile
ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products.
The company’s products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.
ExxonMobil serves customers and operates in markets around the world.
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