58,251 Shares of ExxonMobil Corporation $XOM Bought by Global Wealth Management Investment Advisory Inc.

Key Points

• Global Wealth Management Investment Advisory bought 58,251 ExxonMobil shares in the third quarter, valued at about $9.48 million; the position represents 1.2% of its portfolio.
• ExxonMobil beat quarterly earnings and revenue estimates, reporting EPS of $4.23 and revenue of $110.5 billion.
• The company raised its quarterly dividend from $1.03 to $1.07 per share, equivalent to an annualized yield of about 2.6%; analysts’ consensus rating remains “Hold.”

Global Wealth Management Investment Advisory Inc. bought a new position in ExxonMobil Corporation (NYSE:XOM - Free Report) during the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm bought 58,251 shares of the oil and gas company's stock, valued at approximately $9,480,000. ExxonMobil comprises approximately 1.2% of Global Wealth Management Investment Advisory Inc.'s portfolio, making the stock its 24th largest position.

A number of other institutional investors have also recently bought and sold shares of the stock. NBT Bank N.A. acquired a new position in shares of ExxonMobil in the 3rd quarter valued at $26,000. Aventus Investment Advisors Inc. purchased a new stake in shares of ExxonMobil during the 2nd quarter valued at $27,000. Atlantic Private Wealth LLC grew its stake in shares of 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 buying an additional 202 shares during the period. Pioneer Family Office LLC purchased a new stake in shares of ExxonMobil during the 3rd quarter valued at $42,000. Finally, Financial Connections Group Inc. acquired a new stake in shares of ExxonMobil during the 1st quarter worth $53,000. 61.80% of the stock is currently owned by hedge funds and other institutional investors.

ExxonMobil Stock Performance

NYSE:XOM opened at $164.81 on Tuesday. The company has a current ratio of 1.19, a quick ratio of 0.92 and a debt-to-equity ratio of 0.11. The firm has a market capitalization of $672.29 billion, a price-to-earnings ratio of 16.94, a PEG ratio of 0.83 and a beta of 0.16. The firm's fifty day simple moving average is $168.99 and its 200 day simple moving average is $155.57. ExxonMobil Corporation has a twelve month low of $114.19 and a twelve month high of $188.50.

ExxonMobil (NYSE:XOM - Get Free Report) last issued 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. 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 16.63% and a net margin of 10.24%. During the same quarter in the prior year, the business earned $1.88 earnings per share. As a group, equities research analysts expect that ExxonMobil Corporation will post 13.34 earnings per share for the current fiscal year.

ExxonMobil Increases Dividend

The company also recently declared 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 a positive change from ExxonMobil's previous quarterly dividend of $1.03. The ex-dividend date of this dividend is Monday, November 16th. This represents a $4.28 annualized dividend and a yield of 2.6%. ExxonMobil's payout ratio is presently 42.34%.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on the company. BMO Capital Markets increased 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. Freedom Broker lifted their target price on ExxonMobil from $142.00 to $162.00 and gave the company a "hold" rating in a report on Friday. Wall Street Zen raised ExxonMobil from a "hold" rating to a "buy" rating in a research report on Saturday. Jefferies Financial Group upped their price target on ExxonMobil from $184.00 to $200.00 and gave the stock a "buy" rating in a research note on Monday, August 17th. Finally, Barclays upped their price target on ExxonMobil from $177.00 to $200.00 and gave the stock an "overweight" rating in a research note on Monday, October 19th. One investment analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, fourteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $170.38.

ExxonMobil News Roundup

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

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.

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