Raleigh Capital Management Inc. acquired a new position in ExxonMobil Corporation (NYSE:XOM – Free Report) in the 3rd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm acquired 7,353 shares of the oil and gas company’s stock, valued at approximately $1,197,000.
Several other large investors have also added to or reduced their stakes in the stock. GQG Partners LLC grew its stake in ExxonMobil by 153.3% during the second quarter. GQG Partners LLC now owns 16,877,523 shares of the oil and gas company’s stock valued at $2,307,497,000 after acquiring an additional 10,214,420 shares in the last quarter. Quantum Portfolio Management LLC bought a new position in shares of ExxonMobil in the first quarter worth approximately $965,932,000. Arrowstreet Capital Limited Partnership purchased a new stake in ExxonMobil in the first quarter valued at approximately $766,345,000. Dimensional Fund Advisors LP raised its stake in ExxonMobil by 5.7% in the first quarter. Dimensional Fund Advisors LP now owns 28,364,314 shares of the oil and gas company’s stock valued at $4,812,790,000 after purchasing an additional 1,540,902 shares in the last quarter. Finally, Fifth Third Bancorp raised its stake in ExxonMobil by 63.3% in the first quarter. Fifth Third Bancorp now owns 3,371,424 shares of the oil and gas company’s stock valued at $571,996,000 after purchasing an additional 1,307,465 shares in the last quarter. Institutional investors own 61.80% of the company’s stock.
Analysts Set New Price Targets
XOM has been the subject of several research analyst reports. Wall Street Zen upgraded shares of ExxonMobil from a “hold” rating to a “buy” rating in a research report on Saturday, October 24th. William Blair began coverage on shares of ExxonMobil in a report on Wednesday. They issued a “market perform” rating on the stock. Zacks Research upgraded shares of ExxonMobil from a “hold” rating to a “strong-buy” rating in a research report on Monday, October 19th. Argus lifted their price objective on shares of ExxonMobil from $169.00 to $175.00 and gave the stock a “buy” rating in a report on Tuesday, August 11th. Finally, Citigroup reiterated a “neutral” rating and issued a $175.00 target price (up from $150.00) on shares of ExxonMobil in a research report on Wednesday, July 8th. 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 MarketBeat, ExxonMobil presently has a consensus rating of “Moderate Buy” and an average price target of $167.70.
Check Out Our Latest Stock Report on XOM
ExxonMobil Price Performance
Shares of ExxonMobil stock opened at $187.03 on Friday. The firm has a market capitalization of $775.23 billion, a PE ratio of 19.22, a price-to-earnings-growth ratio of 0.94 and a beta of 0.21. The company has a current ratio of 1.13, a quick ratio of 0.85 and a debt-to-equity ratio of 0.12. ExxonMobil Corporation has a 12 month low of $112.51 and a 12 month high of $188.50. The business’s 50-day moving average price is $167.76 and its 200-day moving average price is $154.35.
ExxonMobil (NYSE:XOM – Get Free Report) last released its earnings results on Friday, October 30th. The oil and gas company reported $4.23 earnings per share for the quarter, topping analysts’ consensus estimates of $4.12 by $0.11. The company 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 quarter in the previous year, the company posted $1.88 EPS. Sell-side analysts forecast that ExxonMobil Corporation will post 13.58 EPS for the current fiscal year.
More ExxonMobil News
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.
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.
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