Partners Wealth Management LLC bought a new stake in ExxonMobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 20,381 shares of the oil and gas company’s stock, valued at approximately $3,317,000.
Several other hedge funds and other institutional investors have also bought and sold shares of the business. SS&H Financial Advisors Inc. bought a new position in ExxonMobil during the third quarter valued at $8,052,000. Soltis Investment Advisors LLC raised its stake in shares of ExxonMobil by 18.8% in the third quarter. Soltis Investment Advisors LLC now owns 54,973 shares of the oil and gas company’s stock valued at $8,947,000 after buying an additional 8,680 shares during the period. Founders Financial Securities LLC purchased a new position in shares of ExxonMobil during the 3rd quarter valued at $8,901,000. Everett Harris & Co. CA purchased a new position in shares of ExxonMobil during the 3rd quarter valued at $22,173,000. Finally, Blueprint Investment Partners LLC grew its stake in shares of ExxonMobil by 16.4% during the 3rd quarter. Blueprint Investment Partners LLC now owns 29,464 shares of the oil and gas company’s stock worth $4,795,000 after acquiring an additional 4,153 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
Key Headlines 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.
Analyst Upgrades and Downgrades
A number of research firms recently weighed in on XOM. William Blair started coverage on shares of ExxonMobil in a research note on Wednesday. They issued a “market perform” rating for the company. Mizuho cut their price objective on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating for the company in a report on Thursday, July 9th. Morgan Stanley upped their price objective on shares of ExxonMobil from $177.00 to $185.00 and gave the stock an “overweight” rating in a research report on Thursday, October 15th. TD Cowen raised their target price on shares of ExxonMobil from $168.00 to $180.00 and gave the company a “buy” rating in a research note on Monday, September 28th. Finally, Piper Sandler lifted their target price on shares of ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. 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.com, the stock has an average rating of “Moderate Buy” and an average target price of $167.70.
View Our Latest Stock Report on XOM
ExxonMobil Price Performance
Shares of ExxonMobil stock opened at $187.03 on Friday. 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 $775.23 billion, a price-to-earnings ratio of 19.22, a price-to-earnings-growth ratio of 0.94 and a beta of 0.21. The company has a fifty day moving average of $167.76 and a 200-day moving average of $154.35. 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 released its earnings results on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, beating the consensus estimate of $4.12 by $0.11. The company had revenue of $110.50 billion for the quarter, compared to analyst estimates of $104.89 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 earned $1.88 EPS. Equities research analysts expect that ExxonMobil Corporation will post 13.58 EPS for the current year.
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.
Further Reading
- Five stocks we like better than ExxonMobil
- Starbucks Says Its Turnaround Is Done—The Numbers Make a Strong Case (With 1 Catch)
- 3 Robotics ETFs, 3 Different Ways to Bet on Humanoid Robots
- Can Microsoft Turn a Leaner Workforce and Record AI Spending Into Bigger Profits?
- Why JFrog Could Be the Software Infrastructure Company to Beat in the AI Boom
Want to see what other hedge funds are holding XOM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ExxonMobil Corporation (NYSE:XOM – Free Report).
Receive News & Ratings for ExxonMobil Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ExxonMobil and related companies with MarketBeat.com's FREE daily email newsletter.
