ExxonMobil Corporation $XOM Stock Sold by Fulcrum Asset Management LLP

Fulcrum Asset Management LLP cut its holdings in ExxonMobil Corporation (NYSE:XOM) by 37.7% during the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 33,899 shares of the oil and gas company’s stock after selling 20,472 shares during the quarter. Fulcrum Asset Management LLP’s holdings in ExxonMobil were worth $5,470,000 as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of XOM. NBT Bank N.A. purchased a new position 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 in the second quarter worth $27,000. Atlantic Private Wealth LLC lifted its position in shares of ExxonMobil by 776.9% in the first quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after acquiring an additional 202 shares in the last quarter. Pioneer Family Office LLC purchased a new stake in shares of ExxonMobil in the third quarter valued at $42,000. Finally, Financial Connections Group Inc. purchased a new stake in shares of ExxonMobil in the first quarter valued at $53,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil News Summary

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

Wall Street Analyst Weigh In

Several equities research analysts have issued reports on the stock. Wells Fargo & Company raised their price target on shares of ExxonMobil from $182.00 to $189.00 and gave the stock an “equal weight” rating in a research note on Monday, November 2nd. Bank of America cut ExxonMobil from a “buy” rating to a “neutral” rating and raised their price objective for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. DZ Bank cut ExxonMobil from a “hold” rating to a “sell” rating and set a $170.00 price objective on the stock. in a report on Wednesday, November 4th. The Goldman Sachs Group reaffirmed a “neutral” rating and issued a $178.00 price objective on shares of ExxonMobil in a research report on Tuesday, October 20th. Finally, Argus upped their target price on ExxonMobil from $169.00 to $175.00 and gave the company a “buy” rating in a research note on Tuesday, August 11th. One 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 issued a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $170.38.

ExxonMobil Price Performance

XOM opened at $164.81 on Tuesday. The company’s 50 day simple moving average is $168.99 and its 200 day simple moving average is $155.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. ExxonMobil Corporation has a 1 year low of $114.19 and a 1 year high of $188.50. The stock has a market capitalization of $672.29 billion, a PE ratio of 16.94, a P/E/G ratio of 0.83 and a beta of 0.16.

ExxonMobil (NYSE:XOM) last released its 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. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The firm had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the firm earned $1.88 earnings per share. As a group, sell-side analysts expect that ExxonMobil Corporation will post 13.34 EPS for the current year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Shareholders of record on Monday, November 16th will be issued a $1.07 dividend. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, November 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.6%. ExxonMobil’s dividend payout ratio (DPR) is 42.34%.

About ExxonMobil

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.