Sonata Capital Group Inc. purchased a new stake in ExxonMobil Corporation (NYSE:XOM – Free Report) in the third quarter, HoldingsChannel reports. The fund purchased 3,462 shares of the oil and gas company’s stock, valued at approximately $563,000.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. Aventus Investment Advisors Inc. bought a new position in shares of ExxonMobil during the 2nd quarter worth about $27,000. Portus Wealth Advisors LLC bought a new stake in shares of ExxonMobil in the first quarter valued at about $36,000. Atlantic Private Wealth LLC lifted its stake 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 buying an additional 202 shares during the period. Financial Connections Group Inc. acquired a new stake in ExxonMobil during the first quarter worth about $53,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in ExxonMobil by 53.1% during the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock worth $55,000 after buying an additional 113 shares in the last quarter. 61.80% of the stock is currently owned by institutional investors and hedge funds.
ExxonMobil Price Performance
Shares of XOM stock traded down $0.49 during mid-day trading on Monday, reaching $178.49. The company’s stock had a trading volume of 4,897,334 shares, compared to its average volume of 17,893,584. The firm’s 50-day moving average is $163.85 and its two-hundred day moving average is $154.47. The company has a market cap of $739.83 billion, a P/E ratio of 22.97, a PEG ratio of 1.04 and a beta of 0.21. ExxonMobil Corporation has a 1-year low of $111.98 and a 1-year high of $179.30. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.85 and a current ratio of 1.13.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its earnings results on Friday, July 31st. The oil and gas company reported $3.52 earnings per share for the quarter, missing the consensus estimate of $3.56 by ($0.04). The business had revenue of $114.53 billion for the quarter, compared to analyst estimates 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 posted $1.64 earnings per share. On average, research analysts predict that ExxonMobil Corporation will post 12.52 earnings per share for the current year.
ExxonMobil Dividend Announcement
The firm also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were paid a dividend of $1.03 per share. The ex-dividend date was Monday, August 17th. This represents a $4.12 dividend on an annualized basis and a yield of 2.3%. ExxonMobil’s dividend payout ratio (DPR) is currently 53.02%.
Key Headlines Impacting ExxonMobil
Here are the key news stories impacting ExxonMobil this week:
- Positive Sentiment: Refining margins could provide a significant earnings boost. ExxonMobil indicated that higher refining margins may add approximately $4.5 billion to third-quarter Energy Products earnings compared with the second quarter. Analysts have suggested this could help quarterly EPS exceed Wall Street expectations. ExxonMobil Flags a $4.5 Billion Refining Boost
- Positive Sentiment: Higher crude prices are improving the outlook for upstream operations. Crude prices have reportedly risen more than 77% in 2026 amid Middle East tensions, creating a favorable backdrop for ExxonMobil’s oil and gas production business. The company is also benefiting from Permian Basin production growth, drilling efficiencies and disciplined spending. Buy 5 Giant Oil Explorers to Tap the Northward Journey of Crude Prices
- Positive Sentiment: ExxonMobil’s integrated business model remains a defensive attraction. Its exposure to exploration, production, refining, chemicals and specialty products allows it to capture profits across the energy value chain rather than depending solely on crude prices. ExxonMobil’s Dividend Has Deep Pockets, but a Shallow Yield
- Neutral Sentiment: An authorized distribution agreement for ExxonMobil aviation lubricants in the Americas expands aftermarket reach, but the announcement is unlikely to materially affect near-term earnings. Proponent Becomes an Authorized ExxonMobil Aviation Lubricants Distributor
- Negative Sentiment: Valuation and dividend-yield concerns could restrain gains. XOM recently traded near its 52-week high, while an updated fair-value estimate of $175.41 remained below recent market levels. The dividend is viewed as financially well supported, but its relatively shallow yield may be less attractive to income-focused investors. ExxonMobil Stock Fair Value Edges Higher
Wall Street Analyst Weigh In
Several brokerages recently issued reports on XOM. Weiss Ratings upgraded ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a research note on Tuesday, September 29th. Argus raised their price objective on ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a research report on Tuesday, August 11th. Citigroup reiterated a “neutral” rating and issued a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. BMO Capital Markets lifted their price objective on ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Finally, Morgan Stanley boosted their price objective on ExxonMobil from $177.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday. Eleven research analysts have rated the stock with a Buy rating and fourteen have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of $166.30.
Check Out Our Latest Stock Analysis on XOM
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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