ExxonMobil Corporation $XOM Shares Bought by NTV Asset Management LLC

NTV Asset Management LLC lifted its holdings in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 8.6% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 75,193 shares of the oil and gas company’s stock after buying an additional 5,943 shares during the quarter. ExxonMobil comprises 1.1% of NTV Asset Management LLC’s investment portfolio, making the stock its 19th biggest position. NTV Asset Management LLC’s holdings in ExxonMobil were worth $12,238,000 as of its most recent SEC filing.

Several other institutional investors and hedge funds also recently bought and sold shares of the business. Assetmark Inc. boosted its holdings in shares of ExxonMobil by 8.3% in the first quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company’s stock worth $83,525,000 after acquiring an additional 37,666 shares during the period. Charles Schwab Trust Co grew its position in shares of ExxonMobil by 392.9% in the second quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company’s stock valued at $16,710,000 after purchasing an additional 97,424 shares in the last quarter. CV Advisors LLC raised its stake in shares of ExxonMobil by 126.7% during the 2nd quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company’s stock valued at $1,584,000 after purchasing an additional 6,478 shares during the period. Midwest Trust Co raised its stake in shares of ExxonMobil by 3.9% during the 1st quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company’s stock valued at $120,623,000 after purchasing an additional 26,411 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in shares of ExxonMobil by 13.6% during the 2nd quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company’s stock valued at $34,648,000 after purchasing an additional 30,423 shares during the period. 61.80% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. DZ Bank cut ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 price objective on the stock. in a report on Tuesday, August 4th. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Mizuho reduced their target price on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. JPMorgan Chase & Co. upped their price target on ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. Finally, BMO Capital Markets increased their price target on shares of ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat, ExxonMobil has a consensus rating of “Moderate Buy” and a consensus price target of $167.70.

Read Our Latest Report on ExxonMobil

Key ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

  • Positive Sentiment: Upcoming earnings may provide support: Wall Street expects ExxonMobil to report year-over-year earnings growth next week, and Zacks says the company has factors that could support a potential earnings beat. Exxon Mobil Holdings Reports Next Week
  • Positive Sentiment: Analyst estimates moved higher: Erste Group raised its FY2027 EPS forecast to $11.81 from $11.12, signaling improving expectations for ExxonMobil’s future earnings power. ExxonMobil analyst estimate report
  • Positive Sentiment: Oil prices and upstream assets remain favorable: ExxonMobil’s low-cost Permian and Guyana operations are viewed as supporting production growth toward its 2030 ambitions. Higher crude prices, including Brent above $100 per barrel after Middle East attacks, have helped drive the stock’s recent gains. ExxonMobil long-term upstream production
  • Positive Sentiment: Dividend and balance-sheet appeal: ExxonMobil is highlighted among mega-cap companies with a long record of raising payouts through different economic and interest-rate environments. Analysts also cite its stronger balance sheet relative to BP, while momentum-focused coverage points to continued investor interest. Dividend stocks with long payout records
  • Neutral Sentiment: Valuation and relative-performance debate: ExxonMobil has substantially outperformed this year and compares favorably with BP on gains and financial strength, but analysts give Chevron an edge for further upside based on free cash flow, cost savings and projected 2026 earnings growth. Chevron versus ExxonMobil
  • Negative Sentiment: Illinois refinery disruption: An issue at ExxonMobil’s Joliet refinery is contributing to higher gasoline prices in the Chicago area and could pressure near-term refinery operations, although the wider market impact remains uncertain. Midwest pump prices surge after Illinois refinery disruption

ExxonMobil Stock Performance

NYSE XOM opened at $183.23 on Monday. The company’s 50 day simple moving average is $165.80 and its two-hundred day simple moving average is $155.03. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85. ExxonMobil Corporation has a 1 year low of $112.51 and a 1 year high of $183.75. The stock has a market capitalization of $759.46 billion, a PE ratio of 23.58, a P/E/G ratio of 0.92 and a beta of 0.21.

ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results 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). The firm had revenue of $114.53 billion for the quarter, compared to analysts’ expectations of $109.94 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 earned $1.64 earnings per share. Analysts predict that ExxonMobil Corporation will post 13.63 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, September 10th. Investors of record on Monday, August 17th were given a $1.03 dividend. This represents a $4.12 dividend on an annualized basis and a dividend yield of 2.2%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is 53.02%.

ExxonMobil Profile

(Free Report)

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.

Further Reading

Institutional Ownership by Quarter for ExxonMobil (NYSE:XOM)

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