3,135 Shares of ExxonMobil Corporation $XOM Purchased by Riverchase Wealth Management LLC

Riverchase Wealth Management LLC bought a new position in ExxonMobil Corporation (NYSE:XOM) during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 3,135 shares of the oil and gas company’s stock, valued at approximately $510,000.

A number of other hedge funds have also recently modified their holdings of XOM. NBT Bank N.A. purchased a new position in ExxonMobil during the third quarter valued at approximately $26,000. Aventus Investment Advisors Inc. acquired a new position in ExxonMobil in the second quarter valued at approximately $27,000. Portus Wealth Advisors LLC purchased a new stake in ExxonMobil in the 1st quarter worth approximately $36,000. Atlantic Private Wealth LLC boosted its position in ExxonMobil by 776.9% in the 1st quarter. Atlantic Private Wealth LLC now owns 228 shares of the oil and gas company’s stock worth $39,000 after purchasing an additional 202 shares in the last quarter. Finally, Financial Connections Group Inc. acquired a new stake in shares of ExxonMobil during the 1st quarter worth approximately $53,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.

ExxonMobil Stock Up 2.0%

ExxonMobil stock opened at $187.03 on Friday. The stock has a market capitalization of $775.23 billion, a PE ratio of 24.07, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $188.50. The business has a 50 day simple moving average of $167.76 and a 200-day simple moving average of $154.35. The company has a debt-to-equity ratio of 0.12, a current ratio of 1.13 and a quick ratio of 0.85.

ExxonMobil (NYSE:XOM) last announced its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping the consensus estimate of $4.12 by $0.11. ExxonMobil had a return on equity of 13.14% and a net margin of 8.88%. The business had revenue of $110.50 billion during the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the prior year, the company posted $1.88 EPS. On average, analysts anticipate that ExxonMobil Corporation will post 13.61 EPS for the current fiscal year.

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.

Analyst Ratings Changes

XOM has been the subject of several recent research reports. Weiss Ratings raised shares of ExxonMobil from a “buy (b-)” rating to a “buy (b)” rating in a report on Tuesday, September 29th. DZ Bank cut shares of ExxonMobil from a “buy” rating to a “hold” rating and set a $156.00 target price for the company. in a research note on Tuesday, August 4th. Piper Sandler increased their price target on shares of ExxonMobil from $158.00 to $185.00 and gave the stock a “neutral” rating in a report on Thursday, September 3rd. HSBC restated a “hold” rating and set a $90.00 price target on shares of ExxonMobil in a research report on Friday, September 25th. Finally, JPMorgan Chase & Co. raised their price target on shares of ExxonMobil from $158.00 to $166.00 and gave the company an “overweight” rating in a research report on Monday, August 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have issued a Hold rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of $167.70.

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.