Fusion Capital LLC bought a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, Holdings Channel.com reports. The institutional investor bought 78,076 shares of the oil and gas company’s stock, valued at approximately $12,707,000. ExxonMobil comprises approximately 2.8% of Fusion Capital LLC’s portfolio, making the stock its 14th biggest holding.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Greenup Street Wealth Management LLC increased its stake in shares of ExxonMobil by 216.6% in the 3rd quarter. Greenup Street Wealth Management LLC now owns 39,537 shares of the oil and gas company’s stock worth $6,435,000 after acquiring an additional 27,050 shares in the last quarter. State of Wyoming boosted its position in ExxonMobil by 17.4% in the third quarter. State of Wyoming now owns 16,330 shares of the oil and gas company’s stock worth $2,658,000 after purchasing an additional 2,422 shares during the last quarter. Petros Family Wealth LLC boosted its stake in shares of ExxonMobil by 3.1% during the 3rd quarter. Petros Family Wealth LLC now owns 2,349 shares of the oil and gas company’s stock worth $382,000 after acquiring an additional 70 shares during the last quarter. Whelan Financial grew its stake in shares of ExxonMobil by 21.4% during the 3rd quarter. Whelan Financial now owns 4,376 shares of the oil and gas company’s stock valued at $712,000 after acquiring an additional 771 shares during the period. Finally, Raleigh Capital Management Inc. purchased a new stake in ExxonMobil in the 3rd quarter worth $1,197,000. Hedge funds and other institutional investors own 61.80% of the company’s stock.
ExxonMobil Stock Up 2.0%
Shares of NYSE:XOM opened at $187.03 on Friday. The company has a market cap 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 12 month low of $112.51 and a 12 month high of $188.50. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. The company has a 50-day moving average price of $167.76 and a 200 day moving average price of $154.35.
ExxonMobil (NYSE:XOM – Get Free Report) last released its quarterly earnings results 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. The firm had revenue of $110.50 billion during the quarter, compared to analysts’ expectations of $104.89 billion. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. During the same period in the previous year, the company earned $1.88 EPS. As a group, equities research analysts predict that ExxonMobil Corporation will post 13.58 earnings per share for the current year.
ExxonMobil News Summary
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
A number of equities research analysts recently commented on the company. BMO Capital Markets boosted their target price on ExxonMobil from $160.00 to $170.00 and gave the stock a “market perform” rating in a research report on Wednesday, August 12th. Wall Street Zen upgraded ExxonMobil from a “hold” rating to a “buy” rating in a report on Saturday, October 24th. UBS Group reaffirmed a “buy” rating and issued a $199.00 price objective on shares of ExxonMobil in a research note on Monday, October 19th. Mizuho decreased their price objective on ExxonMobil from $175.00 to $170.00 and set a “neutral” rating on the stock in a report on Thursday, July 9th. Finally, Piper Sandler increased their target price on ExxonMobil from $158.00 to $185.00 and gave the company a “neutral” rating in a research report on Thursday, September 3rd. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating and fourteen have given a Hold rating to the stock. According to MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $167.70.
Get Our Latest Stock Report on XOM
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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