VCI Wealth Management LLC Makes New $3.22 Million Investment in ExxonMobil Corporation $XOM

VCI Wealth Management LLC purchased a new stake in ExxonMobil Corporation (NYSE:XOM) during the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm purchased 19,786 shares of the oil and gas company’s stock, valued at approximately $3,220,000.

A number of other institutional investors also recently modified their holdings of XOM. NBT Bank N.A. bought a new stake in shares of ExxonMobil during the 3rd quarter worth $26,000. Aventus Investment Advisors Inc. acquired a new stake in ExxonMobil in the second quarter valued at about $27,000. Atlantic Private Wealth LLC boosted its stake in 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 in the last quarter. Financial Connections Group Inc. bought a new position in ExxonMobil in the first quarter valued at about $53,000. Finally, Clal Insurance Enterprises Holdings Ltd grew its position in ExxonMobil by 53.1% in the first quarter. Clal Insurance Enterprises Holdings Ltd now owns 326 shares of the oil and gas company’s stock valued at $55,000 after acquiring an additional 113 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: ExxonMobil reported third-quarter adjusted earnings of $4.23 per share, ahead of consensus, while revenue increased roughly 33% year over year to approximately $110.5 billion-$113.2 billion. Refining-margin gains and continued LNG expansion supported the results. XOM Q3 Earnings Call Highlights Refining Strength and LNG Expansion
• Positive Sentiment: UBS raised its XOM price target to $213 and maintained a Buy rating. Morgan Stanley increased its target to $187 with an Overweight rating, while Wells Fargo lifted its target to $189 but retained Equal Weight. These revisions indicate continued confidence in ExxonMobil’s earnings and shareholder-return outlook. Analysts Boost Forecasts on ExxonMobil
• Positive Sentiment: The company raised its quarterly dividend 3.9% to $1.07 per share, its 44th consecutive annual increase. ExxonMobil also emphasized buybacks, debt reduction and strong free cash flow, reinforcing its appeal to income-focused investors. Exxon Dividend and Free Cash Flow
• Positive Sentiment: ExxonMobil agreed to take a 50% stake in Mozambique LNG, adding a long-term growth opportunity in liquefied natural gas and strengthening its global gas portfolio. ExxonMobil Takes 50% Stake in Mozambique LNG
• Neutral Sentiment: ExxonMobil’s shares were added to Securitize’s tokenized-stock platform on Solana. The move may improve market accessibility, but its near-term effect on ExxonMobil’s fundamentals and valuation is limited. Tokenized Stock Trading on Solana
• Negative Sentiment: Crude prices declined, prompting investors to take profits after XOM reached a record high following the earnings release. The stock’s elevated valuation also leaves less room for disappointment.
• Negative Sentiment: Although total earnings more than doubled year over year, adjusted upstream earnings fell about 20% sequentially. That decline raises concerns that refining strength, rather than broad-based production growth, drove much of the latest beat. ExxonMobil Earnings Vulnerability

Analyst Upgrades and Downgrades

Several research analysts have commented on XOM shares. The Goldman Sachs Group reissued a “neutral” rating and set a $178.00 target price on shares of ExxonMobil in a research note on Tuesday, October 20th. Citigroup restated a “neutral” rating and issued a $175.00 price target (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. William Blair began coverage on shares of ExxonMobil in a report on Wednesday, October 28th. They set a “market perform” rating on the stock. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. Finally, Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have given a Hold rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus price target of $168.70.

ExxonMobil Stock Down 3.9%

Shares of XOM opened at $179.92 on Tuesday. 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 $112.51 and a 52 week high of $188.50. The stock has a market capitalization of $745.75 billion, a price-to-earnings ratio of 18.49, a PEG ratio of 0.91 and a beta of 0.21. The stock has a fifty day moving average of $168.06 and a 200-day moving average of $154.62.

ExxonMobil (NYSE:XOM) last issued its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. The business had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same quarter in the previous year, the company posted $1.88 EPS. As a group, sell-side analysts anticipate that ExxonMobil Corporation will post 13.58 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The company also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be issued a dividend of $1.07 per share. This represents a $4.28 annualized dividend and a dividend yield of 2.4%. This is an increase from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date is Monday, November 16th. ExxonMobil’s dividend payout ratio (DPR) is presently 42.34%.

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.