Mirae Asset Global Investments Co. Ltd. Purchases 1,238,204 Shares of ExxonMobil Corporation $XOM

Mirae Asset Global Investments Co. Ltd. bought a new stake in shares of ExxonMobil Corporation (NYSE:XOM) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 1,238,204 shares of the oil and gas company’s stock, valued at approximately $201,518,000.

Other hedge funds have also made changes to their positions in the company. Aviance Capital Partners LLC lifted its holdings in ExxonMobil by 1.1% in the 3rd quarter. Aviance Capital Partners LLC now owns 70,400 shares of the oil and gas company’s stock valued at $11,458,000 after purchasing an additional 795 shares in the last quarter. SFE Investment Counsel purchased a new stake in shares of ExxonMobil in the third quarter valued at approximately $264,000. Stevens Capital Partners grew its position in shares of ExxonMobil by 46.0% in the third quarter. Stevens Capital Partners now owns 3,341 shares of the oil and gas company’s stock valued at $544,000 after purchasing an additional 1,053 shares in the last quarter. Vise Technologies Inc. increased its holdings in shares of ExxonMobil by 15.6% in the third quarter. Vise Technologies Inc. now owns 363,521 shares of the oil and gas company’s stock valued at $59,163,000 after purchasing an additional 48,983 shares during the last quarter. Finally, Investment Partners LTD. increased its holdings in shares of ExxonMobil by 94.3% in the third quarter. Investment Partners LTD. now owns 30,034 shares of the oil and gas company’s stock valued at $4,888,000 after purchasing an additional 14,575 shares during the last quarter. Institutional investors and hedge funds own 61.80% of the company’s stock.

Analyst Ratings Changes

A number of brokerages recently commented on XOM. Citigroup reiterated a “neutral” rating and set a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. BNP Paribas Exane dropped their target price on ExxonMobil from $165.00 to $155.00 and set a “neutral” rating for the company in a report on Friday, July 17th. BMO Capital Markets raised their target price on ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a research note on Wednesday, August 12th. TD Cowen lifted their price target on ExxonMobil from $168.00 to $180.00 and gave the stock a “buy” rating in a report on Monday, September 28th. Finally, Wells Fargo & Company cut shares of ExxonMobil from an “overweight” rating to an “equal weight” rating and set a $182.00 price target on the stock. in a research report on Thursday, October 1st. One equities research analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have issued a Hold rating to the company’s stock. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $167.70.

ExxonMobil Trading Down 0.1%

Shares of ExxonMobil stock opened at $187.03 on Monday. The firm has a market capitalization of $775.23 billion, a price-to-earnings ratio of 19.22, a PEG ratio of 0.94 and a beta of 0.21. ExxonMobil Corporation has a fifty-two week low of $112.51 and a fifty-two week high of $188.50. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19. The stock has a 50 day moving average of $167.76 and a 200 day moving average of $154.35.

ExxonMobil (NYSE:XOM) last posted its earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating analysts’ consensus estimates of $4.12 by $0.11. The company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. During the same quarter in the previous year, the business earned $1.88 earnings per share. As a group, research analysts predict that ExxonMobil Corporation will post 13.58 earnings per share for the current year.

ExxonMobil Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, December 10th. Stockholders of record on Monday, November 16th will be paid a $1.07 dividend. This is a positive change from ExxonMobil’s previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. This represents a $4.28 dividend on an annualized basis and a dividend yield of 2.3%. ExxonMobil’s payout ratio is presently 42.34%.

Key Stories Impacting ExxonMobil

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Q3 earnings exceeded expectations. ExxonMobil reported adjusted earnings of $4.23 per share, ahead of the roughly $4.08–$4.12 analyst consensus and well above $1.88 a year earlier. Net income reached approximately $15.4 billion, while revenue also surpassed estimates. ExxonMobil Announces Third-Quarter 2026 Results
• Positive Sentiment: Refining was the key profit driver. Record or unusually strong refining margins, particularly for diesel, more than offset weaker upstream results and lifted earnings, cash flow and shareholder returns. Exxon’s refining operations earned more than its oil-production business for the first time in six years. Exxon, Chevron earnings propelled by war-driven refining surge
• Positive Sentiment: Shareholder distributions are expanding. ExxonMobil raised its dividend by approximately 3.9%–4% and plans $20 billion in share repurchases during 2027. The company also highlighted production gains from Guyana, Kearl and PNG LNG, supporting its long-term growth profile. ExxonMobil Raises Dividend by 3.9%, Sets $20 Billion 2027 Buyback Plan
• Positive Sentiment: Higher oil prices provided a favorable backdrop. Brent crude approached $120 per barrel as Middle East tensions and other geopolitical disruptions tightened energy markets. Investors also showed bullish positioning through unusually heavy call-option activity.
• Neutral Sentiment: ExxonMobil CEO Darren Woods said global refining disruptions may not have a quick fix. While this could sustain margins, it also underscores continuing geopolitical and operational uncertainty. The company and Chevron additionally canceled executive travel to a Gulf energy conference because of security concerns. ExxonMobil CEO Sees No Quick Fix for Global Refining Disruptions
• Negative Sentiment: After a powerful rally, XOM offers new investors a substantially lower dividend yield than it did at the start of the year. Its valuation and dependence on elevated, potentially temporary refining margins may limit further upside if oil prices or fuel spreads retreat.

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.