ExxonMobil Corporation $XOM Holdings Trimmed by University of Texas Texas AM Investment Management Co.

Posted by Brenda Bartman on Nov 9th, 2026

University of Texas Texas AM Investment Management Co. cut its position in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 90.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 3,751 shares of the oil and gas company’s stock after selling 34,000 shares during the quarter. University of Texas Texas AM Investment Management Co.’s holdings in ExxonMobil were worth $610,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in shares of ExxonMobil by 5.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock worth $4,812,790,000 after buying an additional 1,540,902 shares during the last quarter. Amundi grew its holdings in shares of ExxonMobil by 5.1% in the first quarter. Amundi now owns 24,511,156 shares of the oil and gas company’s stock valued at $4,158,563,000 after acquiring an additional 1,192,386 shares in the last quarter. GQG Partners LLC grew its holdings in shares of ExxonMobil by 153.3% in the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock valued at $2,307,497,000 after acquiring an additional 10,214,420 shares in the last quarter. Swiss National Bank grew its holdings in shares of ExxonMobil by 5.9% in the first quarter. Swiss National Bank now owns 12,376,418 shares of the oil and gas company’s stock valued at $2,099,783,000 after acquiring an additional 693,800 shares in the last quarter. Finally, National Pension Service increased its position in shares of ExxonMobil by 1.8% during the second quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock valued at $1,321,265,000 after acquiring an additional 166,268 shares during the last quarter. Hedge funds and other institutional investors own 61.80% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts recently commented on the company. Freedom Capital upgraded ExxonMobil from a “strong sell” rating to a “hold” rating in a report on Tuesday, August 4th. Piper Sandler upped their price objective on ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a research note on Thursday, September 3rd. Wells Fargo & Company raised their target price on ExxonMobil from $182.00 to $189.00 and gave the company an “equal weight” rating in a research report on Monday, November 2nd. DZ Bank lowered ExxonMobil from a “hold” rating to a “sell” rating and set a $170.00 target price for the company. in a research report on Wednesday, November 4th. Finally, Citigroup lifted their target price on ExxonMobil from $155.00 to $175.00 and gave the stock a “neutral” rating in a research note on Wednesday, November 4th. 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 assigned a Sell rating to the company. According to data from MarketBeat, ExxonMobil has an average rating of “Hold” and an average target price of $170.38.

Check Out Our Latest Report on ExxonMobil

ExxonMobil Price Performance

Shares of NYSE:XOM opened at $165.81 on Monday. The firm has a market capitalization of $676.38 billion, a PE ratio of 17.04, a P/E/G ratio of 0.82 and a beta of 0.16. The company has a quick ratio of 0.92, a current ratio of 1.19 and a debt-to-equity ratio of 0.11. The company has a 50-day moving average price of $168.83 and a two-hundred day moving average price of $155.41. ExxonMobil Corporation has a twelve month low of $114.19 and a twelve month high of $188.50.

ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping the consensus estimate of $4.12 by $0.11. ExxonMobil had a net margin of 10.24% and a return on equity of 16.63%. The company had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period last year, the firm earned $1.88 EPS. Equities analysts forecast that ExxonMobil Corporation will post 13.34 EPS for the current year.

ExxonMobil Increases Dividend

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

ExxonMobil News Summary

Here are the key news stories impacting ExxonMobil this week:

Positive Sentiment: Citigroup and TD Cowen analysts reportedly see potential for further share-price appreciation, providing a bullish counterweight to the downgrade. Citigroup Forecasts Strong Price Appreciation for ExxonMobil TD Cowen Analyst Expects ExxonMobil Stock to Rise
Positive Sentiment: ExxonMobil’s Uaru project is expected to unlock additional supply capacity in Guyana, supporting the company’s long-term production outlook in a growing oil-producing market. IMF Projects Strong Guyana Growth as Uaru Adds Supply Capacity
Positive Sentiment: A fund manager with about $5.87 billion under management is described as betting big on ExxonMobil, which may reinforce confidence among investors watching institutional positioning. A $5.9 Billion Fund Is Betting Big on ExxonMobil
Neutral Sentiment: ExxonMobil and Shell are reportedly exploring a sale of their Infineum joint venture, potentially a multi-billion-dollar transaction. A sale could reshape the portfolio, but its impact depends on the terms and use of proceeds. ExxonMobil and Shell Reportedly Explore Infineum Sale
Negative Sentiment: DZ Bank’s downgrade was followed by reports of declines in XOM shares, making the rating change a near-term negative catalyst. The coverage does not provide the specific rationale or revised price target. ExxonMobil Gets a Downgrade from DZ Bank

ExxonMobil Profile

(Free Report)

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.