ExxonMobil Corporation $XOM Shares Newly Acquired by Argentarii LLC

Key Points

• Argentarii LLC acquired 24,144 ExxonMobil shares worth approximately $3.9 million in the third quarter, making XOM about 1.2% of its portfolio. Institutional investors collectively own 61.8% of the company.
• ExxonMobil shares rose 2.0% to $187.03, near their 12-month high, after the company reported quarterly EPS of $4.23 and revenue of $110.5 billion—both ahead of analyst expectations.
• Strong refining margins and higher oil prices boosted results, while ExxonMobil raised its dividend by roughly 4% and announced plans for $20 billion in share repurchases in 2027. Analysts maintain a “Moderate Buy” consensus, though the average price target of $167.70 is below the current share price.

Argentarii LLC purchased a new stake in ExxonMobil Corporation (NYSE:XOM - Free Report) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor purchased 24,144 shares of the oil and gas company's stock, valued at approximately $3,929,000. ExxonMobil accounts for about 1.2% of Argentarii LLC's holdings, making the stock its 18th largest position.

A number of other hedge funds also recently made changes to their positions in the stock. Assetmark Inc. lifted its position in shares of ExxonMobil by 8.3% in the 1st quarter. Assetmark Inc. now owns 492,309 shares of the oil and gas company's stock worth $83,525,000 after purchasing an additional 37,666 shares during the period. Charles Schwab Trust Co boosted its stake in shares of ExxonMobil by 392.9% in the 2nd quarter. Charles Schwab Trust Co now owns 122,223 shares of the oil and gas company's stock valued at $16,710,000 after purchasing an additional 97,424 shares during the last quarter. CV Advisors LLC increased its position in shares of ExxonMobil by 126.7% during the second quarter. CV Advisors LLC now owns 11,589 shares of the oil and gas company's stock worth $1,584,000 after buying an additional 6,478 shares during the period. Midwest Trust Co increased its position in shares of ExxonMobil by 3.9% during the first quarter. Midwest Trust Co now owns 710,969 shares of the oil and gas company's stock worth $120,623,000 after buying an additional 26,411 shares during the period. Finally, Envestnet Portfolio Solutions Inc. raised its stake in ExxonMobil by 13.6% during the second quarter. Envestnet Portfolio Solutions Inc. now owns 253,420 shares of the oil and gas company's stock worth $34,648,000 after buying an additional 30,423 shares during the last quarter. 61.80% of the stock is currently owned by institutional investors.

ExxonMobil Trading Up 2.0%

Shares of ExxonMobil stock opened at $187.03 on Friday. The company has a market capitalization of $775.23 billion, a P/E ratio of 24.07, a price-to-earnings-growth ratio of 0.92 and a beta of 0.21. The stock has a fifty day simple moving average of $167.76 and a 200 day simple moving average of $154.35. 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.

ExxonMobil (NYSE:XOM - Get Free Report) last posted its quarterly earnings data on Friday, October 30th. The oil and gas company reported $4.23 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $4.12 by $0.11. ExxonMobil had a net margin of 8.88% and a return on equity of 13.14%. The firm had revenue of $110.50 billion for the quarter, compared to the consensus estimate of $104.89 billion. During the same period in the previous year, the firm earned $1.88 EPS. On average, sell-side analysts anticipate that ExxonMobil Corporation will post 13.61 earnings per share for the current fiscal year.

ExxonMobil News Roundup

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 Upgrades and Downgrades

XOM has been the subject of a number of recent analyst reports. Royal Bank Of Canada reiterated a "sector perform" rating and set a $180.00 price target (up from $160.00) on shares of ExxonMobil in a report on Monday, September 21st. JPMorgan Chase & Co. boosted their price objective on ExxonMobil from $158.00 to $166.00 and gave the company an "overweight" rating in a research note on Monday, August 3rd. William Blair initiated coverage on ExxonMobil in a research report on Wednesday. They set a "market perform" rating on the stock. Mizuho decreased their target price on ExxonMobil from $175.00 to $170.00 and set a "neutral" rating for the company in a research note on Thursday, July 9th. Finally, Citigroup reaffirmed a "neutral" rating and set a $175.00 target price (up from $150.00) on shares of ExxonMobil in a research note on Wednesday, July 8th. One 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 company's stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of $167.70.

ExxonMobil Company 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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