6,066 ExxonMobil Corporation $XOM Shares Sold by Provident Wealth Management LLC

Provident Wealth Management LLC trimmed its position in shares of ExxonMobil Corporation (NYSE:XOM) by 70.9% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 2,491 shares of the oil and gas company’s stock after selling 6,066 shares during the quarter. Provident Wealth Management LLC’s holdings in ExxonMobil were worth $405,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other large investors have also made changes to their positions in XOM. Dimensional Fund Advisors LP increased its holdings in ExxonMobil by 5.7% in the first 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 lifted its stake in 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 during the last quarter. GQG Partners LLC lifted its stake in 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 during the last quarter. Swiss National Bank lifted its stake in 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 during the last quarter. Finally, National Pension Service grew its position in ExxonMobil by 1.8% in the second quarter. National Pension Service now owns 9,664,021 shares of the oil and gas company’s stock worth $1,321,265,000 after acquiring an additional 166,268 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.

Wall Street Analyst Weigh In

Several research analysts have recently commented on XOM shares. Barclays increased their price target on shares of ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a research note on Monday. BNP Paribas Exane cut their price target on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a report on Friday, July 17th. Wells Fargo & Company reaffirmed an “equal weight” rating and issued a $182.00 price objective on shares of ExxonMobil in a research note on Thursday, October 1st. Jefferies Financial Group upped their price objective 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, Royal Bank Of Canada reiterated a “sector perform” rating and issued a $180.00 price objective (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Eleven research analysts have rated the stock with a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, ExxonMobil currently has a consensus rating of “Hold” and an average target price of $167.70.

ExxonMobil Stock Performance

Shares of NYSE XOM opened at $177.76 on Wednesday. The business’s 50-day simple moving average is $164.58 and its 200-day simple moving average is $154.65. 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 Corporation has a 52 week low of $111.99 and a 52 week high of $180.26. The firm has a market cap of $736.79 billion, a price-to-earnings ratio of 22.88, a P/E/G ratio of 1.04 and a beta of 0.21.

ExxonMobil (NYSE:XOM) last posted 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). ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The company had revenue of $114.53 billion during the quarter, compared to analyst estimates of $109.94 billion. During the same quarter last year, the firm posted $1.64 earnings per share. As a group, equities research analysts expect that ExxonMobil Corporation will post 12.52 earnings per share for the current fiscal year.

ExxonMobil Dividend Announcement

The business also recently declared a quarterly dividend, which was paid on Thursday, September 10th. Shareholders of record on Monday, August 17th were issued a dividend of $1.03 per share. This represents a $4.12 annualized dividend and a yield of 2.3%. The ex-dividend date was Monday, August 17th. ExxonMobil’s dividend payout ratio (DPR) is 53.02%.

Trending Headlines about ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Barclays raised its price target to $200 and upgraded XOM to “overweight,” implying further upside and reinforcing confidence in ExxonMobil’s integrated business and exposure to higher commodity prices. Barclays raises ExxonMobil price target
• Positive Sentiment: Rising crude prices remain the primary catalyst. Oil has surged sharply in 2026 amid Middle East tensions, supporting expectations for stronger upstream earnings, while ExxonMobil’s Permian operations are benefiting from production growth, drilling technology and cost discipline. Oil explorers benefiting from higher crude prices
• Positive Sentiment: Investor articles continue to view ExxonMobil favorably ahead of its earnings update, citing its scale and diversification across exploration, refining, chemicals and specialty products. Its aviation-lubricants distribution agreement in the Americas also modestly expands its aftermarket reach. ExxonMobil outlook ahead of earnings
• Neutral Sentiment: Shell’s planned expansion of Canadian LNG exports highlights continued industry investment in gas and LNG after major oil companies scaled back clean-energy ambitions. The move supports the long-term appeal of ExxonMobil’s LNG and integrated-energy strategy, but it is not a direct ExxonMobil announcement. Shell expands Canadian LNG operations
• Negative Sentiment: Crude prices retreated from recent highs after a waiver of Russia-related sanctions and tariffs, reducing near-term support for oil producers. Investors may also be cautious because ExxonMobil’s strong run has lifted valuation, while its latest reported quarter narrowly missed the earnings-per-share consensus despite beating revenue estimates. ExxonMobil shares and crude price pullback

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.