Global Wealth Management Investment Advisory Inc. Acquires New Position in ExxonMobil Corporation $XOM

Global Wealth Management Investment Advisory Inc. purchased a new stake in ExxonMobil Corporation (NYSE:XOM) in the third quarter, Holdings Channel reports. The firm purchased 58,251 shares of the oil and gas company’s stock, valued at approximately $9,480,000. ExxonMobil comprises about 1.2% of Global Wealth Management Investment Advisory Inc.’s holdings, making the stock its 24th largest position.

Several other institutional investors have also recently added to or reduced their stakes in the business. NBT Bank N.A. bought a new stake in shares of ExxonMobil during the 3rd quarter valued at about $26,000. Aventus Investment Advisors Inc. acquired a new position in ExxonMobil during the 2nd quarter valued at about $27,000. Atlantic Private Wealth LLC boosted its stake in ExxonMobil by 776.9% during the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock valued at $39,000 after purchasing an additional 202 shares during the period. Pioneer Family Office LLC acquired a new position in ExxonMobil during the 3rd quarter valued at about $42,000. Finally, Financial Connections Group Inc. bought a new position in ExxonMobil in the 1st quarter worth about $53,000. Institutional investors own 61.80% of the company’s stock.

ExxonMobil Stock Performance

Shares of NYSE XOM opened at $164.81 on Tuesday. ExxonMobil Corporation has a 1 year low of $114.19 and a 1 year high of $188.50. The firm has a market cap of $672.29 billion, a P/E ratio of 16.94, a PEG ratio of 0.83 and a beta of 0.16. The stock has a fifty day moving average price of $168.99 and a two-hundred day moving average price of $155.57. The company has a debt-to-equity ratio of 0.11, a quick ratio of 0.92 and a current ratio of 1.19.

ExxonMobil (NYSE:XOM) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 EPS for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. ExxonMobil had a return on equity of 16.63% and a net margin of 10.24%. The company had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same quarter in the previous year, the business earned $1.88 EPS. Research analysts forecast that ExxonMobil Corporation will post 13.34 EPS for the current fiscal year.

ExxonMobil Increases Dividend

The company also recently announced a quarterly dividend, which will be paid on Thursday, December 10th. Investors of record on Monday, November 16th will be paid a dividend of $1.07 per share. This is an increase from ExxonMobil’s previous quarterly dividend of $1.03. This represents a $4.28 annualized dividend and a yield of 2.6%. The ex-dividend date of this dividend is Monday, November 16th. ExxonMobil’s dividend payout ratio (DPR) is 42.34%.

More ExxonMobil News

Here are the key news stories impacting ExxonMobil this week:

• Positive Sentiment: Exxon signed a preliminary agreement with Venezuela to evaluate oil opportunities, creating a possible avenue for future growth. The agreement is preliminary, so any commercial impact remains uncertain. Exxon signs preliminary agreement with Venezuela to evaluate oil opportunities
• Positive Sentiment: An investor on CNBC’s “Final Trades” selected ExxonMobil, offering a modest positive endorsement, though such picks are not a major fundamental catalyst. CNBC Final Trades
• Neutral Sentiment: A bullish investment thesis argues Exxon is better positioned than the energy-sector ETF XLE after the U.S. election; the headline provides no specific new company catalyst. ExxonMobil Is Better Positioned Than XLE Post-Election
• Neutral Sentiment: Coverage says Exxon’s 2026 gains have been supported by oil above $100 and strong refining margins. Those conditions bolster results, but the stock’s substantial run-up may leave it sensitive to changes in commodity prices. ExxonMobil Is Up 38% in 2026 and Chevron Is Up 39%
• Neutral Sentiment: An analyst raised Exxon’s price target to $162. The change is a positive revision, but the target offers limited upside relative to the $164.81 price in the supplied market data. ExxonMobil Price Target Raised to $162.00
• Negative Sentiment: Exxon paused work on its planned Texas hydrogen facility amid slow progress on hydrogen hubs, uncertain federal funding, and weak customer demand. The delay raises questions about the pace of its lower-carbon business plans. ExxonMobil Pauses Work On Its Texas Hydrogen Facility
• Negative Sentiment: Commentary cautions that oil prices are volatile and could fall, putting pressure on energy stocks trading near record highs. A pullback could weaken the commodity-driven support for Exxon’s shares. Exxon and Chevron Are Near Record Highs

Wall Street Analyst Weigh In

Several brokerages have commented on XOM. Bank of America lowered shares of ExxonMobil from a “buy” rating to a “neutral” rating and raised their price target for the company from $154.00 to $158.00 in a research note on Tuesday, July 28th. Freedom Broker boosted their price objective on ExxonMobil from $142.00 to $162.00 and gave the stock a “hold” rating in a research report on Friday. Barclays increased their price objective on ExxonMobil from $177.00 to $200.00 and gave the stock an “overweight” rating in a report on Monday, October 19th. BMO Capital Markets increased their price objective on ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a report on Wednesday, August 12th. Finally, Royal Bank Of Canada restated a “sector perform” rating and issued a $180.00 target price (up from $160.00) on shares of ExxonMobil in a research report on Monday, September 21st. One research analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fourteen have assigned a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, ExxonMobil presently has a consensus rating of “Hold” and an average price target of $170.38.

ExxonMobil Company Profile

ExxonMobil is an integrated energy and chemical company with operations spanning the oil and natural gas value chain. Its businesses explore for and produce crude oil and natural gas, refine and market fuels, and manufacture chemicals and other specialty products.

The company’s products include gasoline, diesel, jet fuel, lubricants, petrochemical feedstocks and materials used in a wide range of consumer and industrial applications. ExxonMobil also pursues lower-emission solutions, including carbon capture and storage, hydrogen and lower-emission fuels.

ExxonMobil serves customers and operates in markets around the world.