Stillwater Wealth Management Group Acquires New Shares in ExxonMobil Corporation $XOM

Stillwater Wealth Management Group acquired a new stake in ExxonMobil Corporation (NYSE:XOM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 31,433 shares of the oil and gas company’s stock, valued at approximately $5,116,000. ExxonMobil comprises about 2.7% of Stillwater Wealth Management Group’s holdings, making the stock its 16th biggest holding.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Aventus Investment Advisors Inc. bought a new stake in ExxonMobil during the second quarter worth $27,000. Portus Wealth Advisors LLC acquired a new stake in ExxonMobil in the first quarter valued at $36,000. Atlantic Private Wealth LLC lifted its stake in 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 during the last quarter. Financial Connections Group Inc. acquired a new stake in ExxonMobil in the first quarter valued at $53,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in shares of ExxonMobil by 53.1% in the 1st quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 113 shares during the period. 61.80% of the stock is owned by institutional investors.

Analyst Ratings Changes

Several research firms have recently weighed in on XOM. BNP Paribas Exane lowered their price objective on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. UBS Group reaffirmed a “buy” rating and issued a $199.00 target price on shares of ExxonMobil in a report on Monday. JPMorgan Chase & Co. raised their target price on shares of ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research note on Monday, August 3rd. Bank of America cut ExxonMobil from a “buy” rating to a “neutral” rating and lifted their price target for the stock from $154.00 to $158.00 in a report on Tuesday, July 28th. Finally, Argus lifted their price target on ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating and thirteen have assigned a Hold rating to the stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $167.70.

ExxonMobil Stock Down 0.1%

XOM opened at $177.94 on Friday. ExxonMobil Corporation has a 1-year low of $112.51 and a 1-year high of $180.31. The stock’s fifty day simple moving average is $165.33 and its 200 day simple moving average is $154.89. 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 stock has a market cap of $737.56 billion, a PE ratio of 22.90, a price-to-earnings-growth ratio of 0.89 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last released its quarterly earnings data on Friday, July 31st. The oil and gas company reported $3.52 EPS for the quarter, missing analysts’ consensus estimates of $3.56 by ($0.04). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The company had revenue of $114.53 billion for the quarter, compared to the consensus estimate of $109.94 billion. During the same period last year, the firm earned $1.64 earnings per share. As a group, research analysts expect that ExxonMobil Corporation will post 13.63 earnings per share for the current year.

ExxonMobil Announces Dividend

The business also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Stockholders of record on Monday, August 17th were given a $1.03 dividend. The ex-dividend date of this dividend was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.3%. ExxonMobil’s dividend payout ratio is presently 53.02%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Higher crude prices support earnings. ExxonMobil shares have gained about 12% over the past month and 45% this year as Middle East attacks pushed Brent crude above $100 per barrel. Higher oil prices can improve upstream revenue and cash flow. ExxonMobil Just Gained 12% in a Month and Chevron 11%: Take Profits, or Buy More?
• Positive Sentiment: Analyst sentiment has improved. Zacks upgraded XOM from “hold” to “strong buy,” while Barclays raised its price target. The upgrades reflect ExxonMobil’s strong performance, balance sheet and outlook. Zacks Research Stock Recommendations ExxonMobil Stock Gets Price Target Bump from Barclays
• Positive Sentiment: Long-term production prospects remain favorable. Low-cost Permian Basin and Guyana assets are expected to support upstream production growth through 2030, while disciplined investment could strengthen returns as oil prices remain elevated. Can ExxonMobil Strengthen Its Long-Term Upstream Production Capacity?
• Neutral Sentiment: Momentum is attracting investor attention. Analysts describe XOM as a strong momentum stock and note that it has outperformed BP, although BP’s lower valuation may appeal to value-focused investors. XOM vs. BP: Which Integrated Energy Giant Has the Edge?
• Negative Sentiment: Illinois refinery disruption is a near-term concern. The outage has contributed to a surge in Midwest gasoline prices and could pressure ExxonMobil’s refining volumes or raise repair costs, despite potentially supporting regional fuel margins. Midwest Pump Prices Surge After Disruption at Exxon’s Illinois Refinery

ExxonMobil Profile

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.