Claro Advisors Inc. boosted its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 1,200.7% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The fund owned 44,289 shares of the oil and gas company’s stock after purchasing an additional 40,884 shares during the period. ExxonMobil comprises about 0.7% of Claro Advisors Inc.’s investment portfolio, making the stock its 27th biggest position. Claro Advisors Inc.’s holdings in ExxonMobil were worth $7,208,000 at the end of the most recent reporting period.
A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. REAP Financial Group LLC boosted its stake in ExxonMobil by 2.8% in the third quarter. REAP Financial Group LLC now owns 10,337 shares of the oil and gas company’s stock worth $1,682,000 after purchasing an additional 282 shares in the last quarter. B&D White Capital Company LLC bought a new stake in shares of ExxonMobil during the third quarter worth $225,000. Capstone Wealth Management LLC increased its stake in shares of ExxonMobil by 2.7% in the third quarter. Capstone Wealth Management LLC now owns 3,954 shares of the oil and gas company’s stock valued at $643,000 after buying an additional 103 shares in the last quarter. Quest 10 Wealth Builders Inc. acquired a new stake in shares of ExxonMobil in the third quarter valued at $326,000. Finally, TFB Advisors LLC acquired a new stake in shares of ExxonMobil in the third quarter valued at $235,000. 61.80% of the stock is currently owned by institutional investors and hedge funds.
ExxonMobil News Summary
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: ExxonMobil and Chevron reported strong third-quarter results, helped by refining performance and cost discipline. Exxon also raised its dividend for the 44th consecutive year, while debt reduction and buybacks support shareholder returns. Why ExxonMobil and Chevron Reminded Investors to Keep it Simple
- Positive Sentiment: A proposed sale of Infineum, ExxonMobil’s joint venture with Shell, could bring in a multibillion-dollar sum and streamline the portfolio, though no transaction has been announced. Is ExxonMobil Holdings Rethinking Its Portfolio With an Infineum Exit?
- Positive Sentiment: The company plans to invest $10 billion in refining through 2030, including an expansion targeting 100,000 barrels per day of additional diesel output. The investment may improve efficiency and cash flow, although returns depend on market conditions. Will ExxonMobil’s Diesel Expansion Boost Refining Profit?
- Neutral Sentiment: Analyst opinion is divided after results: TD Cowen raised its target and kept a Buy rating, while Citi raised its target but maintained Neutral. ExxonMobil’s stock is up more than 43% in 2026, which may also temper expectations. Wall Street Is Split on ExxonMobil Following Q3 Results
- Negative Sentiment: Some commentary points to easing physical oil demand and argues oil may not return to $100, a potential headwind for earnings given ExxonMobil’s commodity-price sensitivity. DZ Bank also downgraded the shares to Sell. What Lower Inflation and Oil Prices Could Mean for Energy Stocks
ExxonMobil Stock Down 2.2%
NYSE:XOM opened at $165.49 on Friday. The company has a market cap of $675.06 billion, a price-to-earnings ratio of 17.01, a P/E/G ratio of 0.83 and a beta of 0.16. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. The stock’s fifty day moving average price is $168.65 and its two-hundred day moving average price is $155.24. ExxonMobil Corporation has a 52-week low of $113.64 and a 52-week high of $188.50.
ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating the consensus estimate of $4.12 by $0.11. The company had revenue of $110.50 billion during the quarter, compared to analysts’ expectations of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same period last year, the firm earned $1.88 EPS. On average, analysts anticipate that ExxonMobil Corporation will post 13.54 EPS for the current year.
ExxonMobil Increases Dividend
The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be paid a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 2.6%. This is a boost from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s payout ratio is currently 42.34%.
Analysts Set New Price Targets
A number of research analysts recently issued reports on the company. BNP Paribas Exane cut their price target on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, July 17th. Piper Sandler increased their price objective on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. Weiss Ratings upgraded shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research report on Tuesday, September 29th. Morgan Stanley raised their price objective on shares of ExxonMobil from $185.00 to $187.00 and gave the company an “overweight” rating in a research report on Monday. Finally, Freedom Capital raised shares of ExxonMobil from a “strong sell” rating to a “hold” rating in a research note on Tuesday, August 4th. One analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $170.74.
Get Our Latest Analysis on ExxonMobil
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.
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