4,691 ExxonMobil Corporation $XOM Shares Sold by Sepio Capital LP

Sepio Capital LP decreased its position in ExxonMobil Corporation (NYSE:XOM) by 53.5% in the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 4,079 shares of the oil and gas company’s stock after selling 4,691 shares during the quarter. Sepio Capital LP’s holdings in ExxonMobil were worth $664,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. WP Advisors LLC increased its position in shares of ExxonMobil by 3.0% during the third quarter. WP Advisors LLC now owns 2,167 shares of the oil and gas company’s stock valued at $353,000 after acquiring an additional 63 shares during the last quarter. CMH Wealth Management LLC bought a new stake in ExxonMobil during the third quarter worth $3,077,000. Benin Management CORP bought a new stake in ExxonMobil during the third quarter worth $9,147,000. Virtue Asset Management LLC lifted its holdings in ExxonMobil by 5.6% during the third quarter. Virtue Asset Management LLC now owns 10,869 shares of the oil and gas company’s stock worth $1,769,000 after acquiring an additional 576 shares during the period. Finally, Legacy Financial Group Inc. boosted its position in ExxonMobil by 7.1% in the third quarter. Legacy Financial Group Inc. now owns 3,552 shares of the oil and gas company’s stock worth $578,000 after purchasing an additional 234 shares during the last quarter. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Trading Up 2.8%

NYSE:XOM opened at $183.23 on Friday. 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 capitalization of $759.46 billion, a PE ratio of 23.58, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. The firm’s 50 day moving average is $165.80 and its 200 day moving average is $155.09. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $183.75.

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

ExxonMobil Announces Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were paid a $1.03 dividend. The ex-dividend date was Monday, August 17th. This represents a $4.12 annualized dividend and a dividend yield of 2.2%. ExxonMobil’s payout ratio is presently 53.02%.

Wall Street Analysts Forecast Growth

A number of research analysts have issued reports on the company. Zacks Research upgraded ExxonMobil from a “hold” rating to a “strong-buy” rating in a research note on Monday, October 19th. Argus lifted their target price on ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a research note on Tuesday, August 11th. TD Cowen boosted their price target on shares of ExxonMobil from $168.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, September 28th. Jefferies Financial Group boosted their price target on shares of ExxonMobil from $184.00 to $200.00 and gave the stock a “buy” rating in a report on Monday, August 17th. Finally, Morgan Stanley increased their price target on shares of ExxonMobil from $177.00 to $185.00 and gave the company an “overweight” rating in a research report on Thursday, October 15th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and thirteen have given a Hold rating to the company’s stock. Based on data from MarketBeat, ExxonMobil presently has an average rating of “Moderate Buy” and a consensus price target of $167.70.

Key Headlines Impacting ExxonMobil

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 Company 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.