Soltis Investment Advisors LLC grew its stake in shares of ExxonMobil Corporation (NYSE:XOM – Free Report) by 18.8% during the third quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 54,973 shares of the oil and gas company’s stock after purchasing an additional 8,680 shares during the quarter. Soltis Investment Advisors LLC’s holdings in ExxonMobil were worth $8,947,000 at the end of the most recent quarter.
Several other institutional investors and hedge funds also recently modified their holdings of XOM. NBT Bank N.A. acquired a new position in ExxonMobil during the 3rd quarter worth approximately $26,000. Aventus Investment Advisors Inc. acquired a new stake in ExxonMobil in the second quarter valued at approximately $27,000. Atlantic Private Wealth LLC grew its position 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 acquiring an additional 202 shares in the last quarter. Financial Connections Group Inc. purchased a new stake in shares of ExxonMobil during the first quarter valued at approximately $53,000. Finally, Clal Insurance Enterprises Holdings Ltd raised its stake in shares of ExxonMobil by 53.1% during 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 purchasing an additional 113 shares during the period. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil Trading Up 2.0%
NYSE:XOM opened at $187.03 on Friday. The company has a market cap of $775.23 billion, a PE ratio of 19.22, a P/E/G ratio of 0.94 and a beta of 0.21. The business’s 50 day moving average is $167.76 and its two-hundred day moving average is $154.35. The company has a quick ratio of 0.85, a current ratio of 1.13 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a 52 week low of $112.51 and a 52 week high of $188.50.
ExxonMobil (NYSE:XOM – Get Free Report) last issued its quarterly earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, beating analysts’ consensus estimates of $4.12 by $0.11. The business had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. During the same period in the previous year, the business earned $1.88 EPS. On average, analysts predict that ExxonMobil Corporation will post 13.58 EPS for the current year.
Trending Headlines about 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.
Wall Street Analyst Weigh In
A number of research firms have recently commented on XOM. UBS Group reissued a “buy” rating and set a $199.00 target price on shares of ExxonMobil in a research report on Monday, October 19th. Royal Bank Of Canada reaffirmed a “sector perform” rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. Piper Sandler raised their price target on shares of ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a report on Thursday, September 3rd. BNP Paribas Exane dropped their price target on shares of ExxonMobil from $165.00 to $155.00 and set a “neutral” rating on the stock in a research note on Friday, July 17th. Finally, Citigroup reiterated a “neutral” rating and issued a $175.00 price objective (up from $150.00) on shares of ExxonMobil in a report on Wednesday, July 8th. One investment analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating and fourteen have assigned a Hold rating to the company’s stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and an average target price of $167.70.
Get Our Latest Analysis on ExxonMobil
ExxonMobil 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.
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